North America Hair Extensions Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Tape-in, Fusion and Pre-bonded, Clip-in, and Others), Source (Human Hair, and Synthetic), End User (Men, and Women)

Code: TIPRE00022806 | Pages: 89 | Industry: Consumer Goods | Date: Jun 2021 | Type: Regional

Market Introduction

The North America hair extensions market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Rise in disposable income and the need to enhance physical appearance among consumers are propelling the demand for self-grooming products such as hair extensions and wigs. The improvement in quality of life, the positive effects of personal care on self-esteem and social interaction, and the gradual consumer shift toward luxury and premium self-grooming products are a few factors that are likely to propel the market growth during the forecast period. Moreover, the surge in per capita disposable incomes has augmented discretionary spending, which has boded well for hair extension manufacturers. Rising incidence of hair fall among the North America populace and increasing popularity of beauty products and personal grooming are other factors likely to influence the market growth. North America is a significant market for the styling industry, accounting for more than 60% of the cosmetics market combined. Amid the increasing prevalence of hair thinning, dryness, loss of volume, and various other hair-related concerns among the consumers, hair care products are emerging as the most affluent and cost-effective way.

In case of COVID-19, North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of hair extensions manufacturing activities. Downfall of other consumer goods manufacturing sectors has subsequently impacted the demand for hair extensions during the early months of 2020. Moreover, decline in the overall entertainment & fashion products manufacturing activities has led to discontinuation of hair extensions manufacturing projects, thereby reducing the demand for hair extensions. Similar trend was witnessed in other North American countries such as Mexico, Canada, Panama, and Costa Rica. However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.

 


Get more information on this report :



Market Overview and Dynamics

The hair extensions market in North America is expected to grow from US$ 1,311.99 million in 2021 to US$ 1,679.35 million by 2028; it is estimated to grow at a CAGR of 3.6 % from 2021 to 2028. The entertainment and fashion industry are anticipated to grow at a significant CAGR on account of the increasing preference for hair extensions among models and celebrities. The industry is anticipated to grow owing to the surge in incidence of hair fall among women and men. Also, in terms of revenue, hair extension has found the highest adoption in the entertainment and fashion industry owing to the growth in traction alopecia. Also, the demand for hair extensions in countries such as the US is mainly determined by celebrity trends, which means the industry is substantial on the trend-focused urban areas on the West and East coasts. Sunny’s Hair & Wigs, a retail store, has expanded to Phoenix and Atlanta since it started in Minneapolis. It has a huge client base in the entertainment industry. Furthermore, the fashion and entertainment industry has become vital for hair extension products both in terms of revenue and adoption. Production and fashion houses entail to stock numerous hair extensions for models and actors since they are performing distinguished roles and characters. The upsurge in hair ailments among consumers is assisting the industry to grow at a uniform pace. The number of individuals suffering from hair fall is increasing rapidly, owing to which several people are choosing hair extensions. Therefore, such factors are creating lucrative opportunities for the growth of the hair extension market.  


Key Market Segments

Based on product type the clip-in segment accounted for the largest share of the North America hair extensions market in 2020. Based on source, the human hair segment held a larger market share of the North America hair extensions market in 2020.  Based on end-user, the women segment held a larger market share of the North America hair extensions market in 2020. Clip-in hair extensions, also called clip-in wefts, are ready to use and are the least permanent extensions style as these can be easily removed and applied whenever needed. Clip-in hair extensions usually take 5 to 15 minutes to apply at home. These do not involve any chemicals, pressure, heat, or other installation methods and hence are the least damaging hair extensions. Therefore the easy application of clip-in hair extensions coupled with less damage to the natural hair is expected to bolster the demand for clip-in hair extensions during the forecast period.  


Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the North America hair extensions market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Great Lengths Universal Hair Extensions S.p.A., Balmain Paris Hair Couture, Easihair Pro, Klix Hair Extensions, Locks & Bonds, Anhui Jinruixiang Hair Products Co., Ltd., Evergreen Product Group Limited, SO.CAP.USA, Barclaywolf Hair Extensions and Cinderella Hair Extension.


Reasons to buy report

  • To understand the North America hair extensions market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America hair extensions market
  • Efficiently plan M&A and partnership deals in North America hair extensions market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America hair extensions market
  • Obtain market revenue forecast for market by various segments from 2019-2028 in North America region.


North America Hair Extensions Market Segmentation

North America Hair Extensions Market -By Product Type

  • Tape-in
  • Fusion and Pre-bonded
  • Clip-in
  • Others

North America Hair Extensions Market -By Source

  • Human Hair
  • Synthetic

North America Hair Extensions Market – By End-User

  • Men
  • Women

North America Hair Extensions Market – By Country

  • US
  • Canada
  • Mexico

North America Hair Extensions Market – Company Profiles

  1. Great Lengths Universal Hair Extensions S.p.A
  2. Balmain Paris Hair Couture
  3. Easihair Pro
  4. Klix Hair Extensions
  5. Locks & Bonds
  6. Anhui Jinruixiang Hair Products Co., Ltd.
  7. Evergreen Products Group Limited
  8. SO.CAP.USA
  9. Cinderella Hair Extension
  10. Barclaywolf Hair Extensions  

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection

3.2.2        Primary Interviews

3.2.3        Hypothesis Formulation

3.2.4        Macro-economic Factor Analysis

3.2.5        Developing Base Number

3.2.6        Data Triangulation

3.2.7        Country Level Data

4.           North America Hair Extensions Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Expert Opinion

5.           North America Hair Extensions Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rise in Adoption of Self-Grooming Products

5.1.2        Increase in Disposable Income and Change in Living Standards of Middle-Class Population

5.2         Market Restraint

5.2.1        Unethical Practices in Hair Industry

5.3         Market Opportunities

5.3.1        Growing Utilization of Hair Extension in Entertainment and Fashion Industry

5.4         Future Trends

5.4.1        Increased Demand with Social Media as Enabler

5.5         Impact Analysis of Drivers and Restraints

6.           Hair Extensions – North America Market Analysis

6.1         Hair Extensions Market Overview

6.2         Hair Extensions Market –Revenue and Forecast To 2028 (US$ Million)

7.           North America Hair Extensions Market Analysis – By Product Type

7.1         Overview

7.2         North America Hair Extensions Market Breakdown, By Product Type, 2020 & 2028

7.3         Tape-in

7.3.1        Overview

7.3.2        Tape-In: North America Hair Extensions Market, Revenue and Forecast To 2028 (US$ Million)

7.4         Fusion and Pre-bonded

7.4.1        Overview

7.4.2        Fusion and Pre-Bonded: North America Hair Extensions Market, Revenue and Forecast To 2028 (US$ Million)

7.5         Clip-in hair extensions

7.5.1        Overview

7.5.2        Clip-In Hair Extensions: North America Hair extensions Market, Revenue and Forecast To 2028 (US$ Million)

7.6         Others

7.6.1        Overview

7.6.2        Others: North America Hair extensions Market, Revenue and Forecast To 2028 (US$ Million)

8.           North America Hair Extensions Market Analysis – By Source

8.1         Overview

8.2         North America Hair Extensions Market Breakdown, By Source, 2020 & 2028

8.3         Human Hair

8.3.1        Overview

8.3.2        Human Hair: North America Hair Extensions Market, Revenue and Forecast To 2028 (US$ Million)

8.4         Synthetic

8.4.1        Overview

8.4.2        Synthetic: North America Hair Extensions Market, Revenue and Forecast To 2028 (US$ Million)

9.           North America Hair Extensions Market Analysis – By End User

9.1         Overview

9.2         North America Hair extensions Market Breakdown, By End User, 2020 & 2028

9.3         Men

9.3.1        Overview

9.3.2        Men: North America Hair Extensions Market, Revenue and Forecast To 2028 (US$ Million)

9.4         Women

9.4.1        Overview

9.4.2        Women: North America Hair extensions Market, Revenue and Forecast To 2028 (US$ Million)

10.        Hair Extensions Market – Country Analysis

10.1      Overview

10.1.1     North America: Hair Extensions Market, by Key Country

10.1.1.1       US: Hair Extensions Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       US: Hair Extensions Market, by Product Type

10.1.1.1.2       US: Hair Extensions Market, by Source

10.1.1.1.3       US: Hair Extensions Market, by End User

10.1.1.2       Canada: Hair Extensions Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       Canada: Hair Extensions Market, by Product Type

10.1.1.2.2       Canada: Hair Extensions Market, by Source

10.1.1.2.3       Canada: Hair Extensions Market, by End User

10.1.1.3       Mexico: Hair Extensions Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Mexico: Hair Extensions Market, by Product Type

10.1.1.3.2       Mexico: Hair Extensions Market, by Source

10.1.1.3.3       Mexico: Hair Extensions Market, by End User

11.        Overview- Impact of Coronavirus Outbreak on North America Hair Extension Market

11.1      Overview

11.2      North America: Impact Assessment of COVID-19 Pandemic

12.        Company Profiles

12.1      Great Lengths Universal Hair Extensions S.p.A.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Balmain Paris Hair Couture

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Klix Hair Extensions

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Locks & Bonds

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Evergreen Products Group Limited

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      SO.CAP.USA

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Cinderella Hair Extension

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

             13.2      Word Index

LIST OF TABLES

Table 1.             North America Hair Extensions Market –Revenue and Forecast To 2028 (US$ Million)

Table 2.             US Hair Extensions Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             US Hair Extensions Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 4.             US Hair Extensions Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Canada Hair Extensions Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada Hair Extensions Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Canada Hair Extensions Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Mexico Hair Extensions Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Mexico Hair Extensions Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Mexico Hair Extensions Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 11.          List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Hair Extensions Market Segmentation

Figure 2.           North America Hair Extensions Market Segmentation – By Country

Figure 3.           North America Hair Extensions Market Overview

Figure 4.           Synthetic Segment Held Largest Share of North America Hair Extensions Market

Figure 5.           US Held Largest Share of North America Hair Extensions Market

Figure 6.           North America Hair Extensions Market, Industry Landscape

Figure 7.           North America: PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           Hair Extensions Market Impact Analysis of Driver and Restraints

Figure 10.        North America: Hair Extensions Market – Revenue and Forecast To 2028 (US$ Million)

Figure 11.        North America Hair Extensions Market Breakdown, By Product Type, 2020 & 2028 (%)

Figure 12.        Tape-In: North America Hair Extensions Market, Revenue and Forecast To 2028 (US$ Million)

Figure 13.        Fusion and Pre-Bonded: North America Hair Extensions Market, Revenue and Forecast To 2028 (US$ Million)

Figure 14.        Clip-in hair extensions: North America Hair extensions Market, Revenue and Forecast To 2028 (US$ Million)

Figure 15.        Others: North America Hair extensions Market, Revenue and Forecast To 2028 (US$ Million)

Figure 16.        North America Hair Extensions Market Breakdown, By Source, 2020 & 2028 (%)

Figure 17.        Human Hair: North America Hair Extensions Market, Revenue and Forecast To 2028 (US$ Million)

Figure 18.        Synthetic: North America Hair Extensions Market, Revenue and Forecast To 2028 (US$ Million)

Figure 19.        North America Hair Extensions Market Breakdown, By End User, 2020 & 2028 (%)

Figure 20.        Men: North America Hair Extensions Market, Revenue and Forecast To 2028 (US$ Million)

Figure 21.        Women: North America Hair Extensions Market, Revenue and Forecast To 2028 (US$ Million)

Figure 22.        North America: Hair Extension Market, by Key Country – Revenue (2019) (USD Million)

Figure 23.        North America: Hair Extensions Market Revenue Share, by Key Country (2020 and 2028)

Figure 24.        US: Hair Extensions Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Canada: Hair Extensions Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Mexico: Hair Extensions Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.         Impact of COVID-19 Pandemic in North American Country Markets  

  1. Great Lengths Universal Hair Extensions S.p.A
  2. Balmain Paris Hair Couture
  3. Easihair Pro
  4. Klix Hair Extensions
  5. Locks & Bonds
  6. Anhui Jinruixiang Hair Products Co., Ltd.
  7. Evergreen Products Group Limited
  8. SO.CAP.USA
  9. Cinderella Hair Extension
  10. Barclaywolf Hair Extensions
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000