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lastnightbrawls · 3 years

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Hair Extension Market Report - The Growing Globalisation of an Emerging Industry

The hair extension market is a rapidly growing industry in the present times. It is one of the fastest growing markets worldwide. There are various hair extension products available in the market. One can choose hair extension from natural hair such as hair from the head of a donor, hair extension from hair available on hair frames or hair extension like hair from animals. These hair extension products can be made at home by the hair extension users themselves.

Hair Extension Market in India: This type of hair extension market is flourishing in India. Recent development and introduction of new hair extension products and scientific research by hair extension manufacturers have made it easier for hair extension users to extend hair by hair extension or hair by hair clip. However, the market is controlled by the major hair extension manufacturers in India. The demand and supply of hair extension products in the global market are less compared to the Indian hair extension market. This difference in the demand and supply of hair extension products in the global market and the local Indian hair extension market has led to a hike in the price of hair extension products.

Number of hair extension buyers: According to recent research, there are around 40 million hair extension buyers in the world. Number of hair extension buyers in India is approximately twenty-five thousand. The hair extension buyers from India can be classified into four types - human hair collectors, normal hair extension buyers, non-medical hair extension buyers and international hair extension buyers. The hair extension buyers from India are mostly located in the states of Tamilnadu, Karnataka and Maharashtra.

According to a research conducted by Frost & Sullivan, a leading market research organization in Britain, the hair extension market research segment in India is witnessing tremendous growth. The hair extension market overview reveals that there has been an exponential growth in the past two years. It is estimated that the segment will witness double digit growth during the next two years. This is mainly due to the emergence of hair extension products, which are imported from China.

The hair extension market is witnessing explosive growth in states like Tamilnadu and Madhya Pradesh in India. The reason behind this phenomenon is the large population of these states in India. In the former state Tamilnadu, the human hair extension market is witnessing the immense demand among the women's community. The growth rate of the population in Tamil Nadu is increasing at a rapid rate and this has also facilitated the emergence of numerous hair extension treatment centres. These hair extension treatment centers are emerging in and around the major cities in Tamilnadu.

Based on recent research conducted by Frost & Sullivan, it was observed that hair extension surgery could expand the human hair market size by approximately Rs. 40 cr. But, with the predicted increase in the hair addiction, the demand and revenue generated out of hair extension surgeries may dip.

Based on the recent research, it was revealed that the hair extension product type offered by leading hair extension treatment centre in India is Nylon hair. This hair extension type has captured the hearts of most hair extension consumers owing to its affordability as well as long lasting performance. The hair extension market reports have also confirmed that the hair extension industry is witnessing high revenue generation in countries like US, UK and Australia. This is attributed to the fact that Indian hair salons are offering high quality hair extension products at competitive prices. With the growing popularity of hair extension treatment in the hair salons in India, it is expected that the hair extension market penetration in the Indian state will also grow rapidly in the future.

The hair extension market is also witnessing tremendous growth in the Asian hair extension market segment. With growing demand of human hair extensions in the Asian countries, particularly in Japan and China, the hair extension market in India is also witnessing rapid growth. However, due to the absence of human hair in these countries, the demand for hair extension products from other parts of the world is less. But, there is no dearth of hair extension manufacturers in these Asian countries. The major hair extension manufacturers in Asia are located in Korea, Thailand, Malaysia, and Indonesia.

Summary

Further key aspects of the report indicate that:

Chapter 1: Research Scope: Product Definition, Type, End-Use & Methodology

Chapter 2: Global Industry Summary

Chapter 3: Market Dynamics

Chapter 4: Global Market Segmentation by region, type and End-Use

Chapter 5: North America Market Segmentation by region, type and End-Use

Chapter 6: Europe Market Segmentation by region, type and End-Use

Chapter 7: Asia-Pacific Market Segmentation by region, type and End-Use

Chapter 8: South America Market Segmentation by region, type and End-Use

Chapter 9: Middle East and Africa Market Segmentation by region, type and End-Use.

Chapter 10: Market Competition by Companies

Chapter 11: Market forecast and environment forecast.

Chapter 12: Industry Summary.

The global Hair Extension market has the potential to grow with xx million USD with growing CAGR in the forecast period from 2021f to 2026f. Factors driving the market for @@@@@ are the significant development of demand and improvement of COVID-19 and geo-economics.

Based on the type of product, the global Hair Extension market segmented into

Lotion

Creams

Shampoo

Others

Based on the end-use, the global Hair Extension market classified into

Children

Adult

Based on geography, the global Hair Extension market segmented into

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

Middle East & Africa [GCC, North Africa, South Africa, Rest of Middle East and Africa]

And the major players included in the report are

Bayer

Prestige Brands

Reckitt Benckier

Tyratech

Shionogi

TecLabs

Arborpharma

Logic Products

Major Pharmaceuticals

Tianren

ParaPRO

Hair Extension Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.

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