Chemotherapy, radiation therapy, and some other medical treatments for cancer are designed to target rapidly dividing cells, which unfortunately include hair follicles. As a result, patients undergoing cancer treatment often experience significant hair loss, which can be emotionally distressing and affect their self-esteem.
According to estimates from the International Agency for Research on Cancer (IARC), in 2018, 17.0 million new cancer cases and 9.5 million cancer deaths were reported across the world. By 2040, the new cancer cases and deaths are expected to grow to 27.5 million and 16.3 million, respectively, due to the changing lifestyles, dietary habits, alcohol, smoking, etc. The burden will probably be even more significant in economically transitioning countries in the future due to the increasing consumption of unhealthy diets, rising addiction to smoking, and physical inactivity.
The demand for false hair products has significantly increased due to the prevalent hair loss caused by cancer treatments. False hair products such as wigs, extensions, etc. provide an effective solution for patients looking to maintain their appearance and regain some sense of normalcy amidst their battle with cancer. To meet the needs of cancer patients, false hair products market players are offering a wide range of products, including natural hair wigs, synthetic wigs, synthetic hair extensions and hair pieces, natural hair extensions and hair pieces, and personalized designs. False hair products manufacturers have improved the quality and comfort of their products, ensuring that cancer patients have access to comfortable and realistic-looking false hair products that help boost their confidence during a challenging period.
The North America false hair products market growth is also driven by increasing awareness and understanding of cancer and its effects on patients. Support organizations, medical centers, and community initiatives have actively promoted the availability and benefits of wigs and extensions for cancer patients, encouraging them to embrace false hair products as an empowering option. Therefore, the increasing hair loss cases due to cancer treatments drive the North America false hair products market growth.
The North America false hair products market is segmented into the US, Canada, and Mexico. The parcel sortation system market in North America has been growing steadily; it is driven by huge export-import volumes of various consumer goods, coupled with the trade agreements of North American countries with other countries. Also, the rise in e-commerce has resulted in a rise in the number of parcels, and a robust logistics infrastructure for air transportation systems has also boosted the parcel sortation system market in North America. Further, the presence of leading logistics companies such as UPS, FedEx, Amazon Logistics, and DHL Express, as well as a few major manufacturers of parcel sortation systems such as Bastian Solutions Inc; Honeywell Intelligrated; Tompkin Robotics; and Dematic, are boosting the parcel sortation system market in North America.
The North America false hair products market is segmented product type, material, end user, distribution channel, and country.
Based on product type, the North America false hair products market is segmented into hair extension, hair wig, and hair pieces. The hair extension segment held the largest market share in 2022.
Based on material, the North America false hair products market is bifurcated into human hair and synthetic hair. The synthetic hair segment held a larger market share in 2022.
Based on end user, the North America false hair products market is segmented into men, women, and kids. The women segment held the largest market share in 2022.
Based on distribution channel, the North America false hair products market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest market share in 2022.
Based on country, the North America false hair products market is segmented into the US, Canada, and Mexico. The US dominated the North America false hair products market share in 2022.
Balmain Hair Group BV, Easihair Pro, Evergreen Products Group Ltd, HairUWear Inc, Klix Hair Inc, Locks & Bonds, and Shake-N-Go Inc are some of the leading companies operating in the North America false hair products market.
Strategic insights for the North America False Hair Products provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 2,995.52 Million |
Market Size by 2030 | US$ 4,079.11 Million |
Global CAGR (2022 - 2030) | 3.9% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America False Hair Products refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The North America False Hair Products Market is valued at US$ 2,995.52 Million in 2022, it is projected to reach US$ 4,079.11 Million by 2030.
As per our report North America False Hair Products Market, the market size is valued at US$ 2,995.52 Million in 2022, projecting it to reach US$ 4,079.11 Million by 2030. This translates to a CAGR of approximately 3.9% during the forecast period.
The North America False Hair Products Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America False Hair Products Market report:
The North America False Hair Products Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America False Hair Products Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America False Hair Products Market value chain can benefit from the information contained in a comprehensive market report.