Global Human Hair Extension Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Product Type (Human Hair, Animal Hair and Synthetic Hair), Application (Fusion & Pre-bonded, Tap-in and Clip-in), End-User (Male and Female), and Region (North America, Europe, APAC, Latin America, Middle East and Africa) – Industry Analysis (2024 to 2029)

Updated On: June, 2024
ID: 13149
Pages: 175

Global Human Hair Extension Market Size (2024 to 2029)

The global human hair extension market is estimated to be worth USD 3.51 billion by 2029 from USD 2.71 billion in 2024, growing at a CAGR of 5.3% from 2024 to 2029.

Current Scenario of the Global Human Hair Extension Market

Human hair extensions are created entirely of actual human hair, taken from a donor, from top to bottom. Every one of the cuticles remains intact and flows in the very same direction at the time of collection. This almost eliminates tangling and guarantees that the extensions stay smooth and silky throughout their use. Synthetic hair, on the other side, is created out of a combination of synthetic fibers with no human hair in it. These are generally very fine plastic strands that are designed to resemble human hair. Hair extensions are great for quickly changing up your hairstyle. Natural hair extensions, particularly those of the best standard, may be rather pricey. They are regarded as solid investments. It's critical to get your money's worth because it may be rather costly. Fusion, pre-bonded, tape-in, and clip-in are the most common hair extensions. Adhesive weft tape is used to secure tape-in hair extensions to either side of your natural hair. They safeguard your crowning splendor by enabling the natural hair to grow out now and require no heat to apply. This sort of hair extension normally lasts 4 to 8 weeks.

A heat gun is used to glue pre-bonded or fusion hair extensions to the roots of your hair. There is no risk of hair damage as a result of the operation because it is created from a natural bonding element called keratin. The hair is also attached to certain strands of your own hair to give you larger, more voluminous locks. These hair extensions are expected to last 3-4 months. If you're new to hair extensions, clip-in alternatives are the finest solution. They are the simplest to use, produce the least amount of harm, and are the least permanent hair extensions available. Clips are fastened to the base of their strands for a rapid and painless installation of your natural roots. If you look after your clip-in hair extensions properly, they may last anywhere from 3-6 months to even longer.

MARKET DRIVERS

Customers growing desire for hair extensions is propelling the Human Hair Extension Market forward. Human Hair Extension Market growth is projected to be fueled by the increased prevalence of hair illnesses. In today's environment, hair extensions are frequently utilized to conceal hair damage. In the near future, the increased prevalence of casts, alopecia, and hair loss is projected to boost the expansion of the hair extension industry. On the other side, it could be beneficial to growth. Human Hair Extension Market growth is fueled by rising disposable income and changing middle-class living standards. The worldwide middle-class population has increased, indicating that this is the next prospective market group for personal care and cosmetics.

The middle-class population's spending patterns and living standards are quickly altering as per capita disposable income rises. The number of customers visiting branded salons is more than ever before in the current market, thanks to their proactive quest for branded commodities such as hair care and skincare. These clients are typically the main objectives for consumer-focused enterprises due to their discretionary spending power.  The entertainment industry, salon business, fashion sector, and the general public trust the Human Hair Extension Market for artificial hair. Factors such as the rise in fashion and new trends, the availability of various increasing baldness due to medical conditions, types of extensions, celebrity endorsements, grooming awareness, product quality, fashion events, raw materials, and concerns about appearance drive the global Human Hair Extension Market.

MARKET RESTRAINTS

The restraining factors limiting the growth of the global human hair extension market are frequent causes of hair breakage headaches and overuse of this resource.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

5.3%

Segments Covered

By Product Type, Application, End-User and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Market Leaders Profiled

Hairdreams, Balmain, Great Lengths, Dona Bella Hair, Hairlocs, Klix Hair Extensions, Locks & Bonds, Viva Femina, Godrej Consumer Products Limited and Shengtai Group.

 

SEGMENTAL ANALYSIS

Global Human Hair Extension Market By Product Type

The synthetic sector held the biggest market share and is projected to continue to do so in the coming years. This growth is due to its capacity to survive wet and humid conditions. Hair extensions created from synthetic hair are less expensive than genuine hair, making them more accessible to customers.

Global Human Hair Extension Market By Application

The clip-in sector has the most market share, while the fusion and pre-bonded segments are expected to develop the quickest throughout the projected period.

To fuse fusion and pre-bonded hair extensions to natural hair, various adhesives, such as glue, are employed. Fusion and pre-bonded hair extensions take 3 to 4 hours to install and employ a piece of equipment that looks like a hot glue gun to fuse the hair to strands of natural hair. Due to the presence of several chemicals in the glue, fusion and pre-bonded hair extensions may cause breakage, hair loss, and scalp discomfort.

Global Human Hair Extension Market By End-user

The female sector has a bigger market share, while the male segment is predicted to increase faster throughout the projection period. Hair extensions are in great demand among women, thanks to a growing willingness to spend on high-quality hair extensions, more awareness about appearance, and an increase in hair loss difficulties. Furthermore, demand for effective human hair extensions has surged in places such as South Africa, where one out of every three African women suffers from hair loss.

KEY MARKET PLAYERS

Hairdreams, Balmain, Great Lengths, Dona Bella Hair, Klix Hair Extensions, Locks & Bonds, Viva Femina, Godrej Consumer Products Limited and Shengtai Group are some of the noteworthy companies in the global human hair extension market.

RECENT HAPPENINGS IN THE MARKET

  • In May 2022, BELLAMI Hair, a premium brand pushing innovation in the hair extensions and haircare sectors, has been purchased by Beauty Industry Group, an industry leader in hair solutions. BIG will assist BELLAMI in advancing its distinctive go-to-market strategy and expanding its strong consumer base to capitalize on its existing success. The transaction's terms were not disclosed.
  • In February 2022, Godrej Consumer Products Limited sold BBlunt to Mamaearth, a direct-to-consumer (D2C) firm located in Mumbai (GCPL). The agreement comes as the continuing epidemic has taken its toll on salon operations.

DETAILED SEGMENTATION OF THE GLOBAL HUMAN HAIR EXTENSION MARKET INCLUDED IN THIS REPORT

This research report on the global human hair extension market has been segmented and sub-segmented based on product type, application, end-user, and region.

By Product Type

  • Human Hair
  • Animal Hair
  • Synthetic Hair

By Application

  • Fusion & pre-bonded
  • Tap-in
  • Clip-in

By End-user

  • Male
  • Female

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Europe holds a significant share of the global human hair extension market. 

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Frequently Asked Questions

What are the opportunities in the Human Hair Extension Market?

The Human Hair Extension Market has potential development prospects due to the increased consumption of high-end grooming products.

Who are all the key players in the Human Hair Extension Market?

The major players are Hairdreams, Balmain, Great Lengths, Dona Bella Hair, Hair loss, Klix Hair Extensions, Locks & Bonds, Viva Femina, Godrej Consumer Products Limited, and Shengtai Group.

Which regions will witness rise in new opportunities?

North America will witness a rise in new opportunities

What are the future predictions for the Global Human Hair Extension Market?

Human Hair Extension Market is valued at US$ 2.44 Billion in 2021 and is anticipated to increase at US$ 3.27 Billion by 2027, with a growing CAGR of 5.3% in the next six years.

What is the trending factor that is estimated to help in the growth rate?

The rising prevalence of hair diseases is expected to fuel Human Hair Extension Market growth.

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