Global hair accessories market is expected to reach USD XX Million by 2025, at a CAGR of XX% from 2018 to 2025. The key contributing factors for the market growth are emerging countries of hair accessories, growing awareness regarding their appearance, and increasing awareness about fashion.
Hair is an integral part of improving an individual’s appearance. The use of hair accessories increases the individual’s aesthetics. The growing people’s concern towards the appearance has increased the market use of various accessories to look appealing. Hence, people also use hair as their one of fashion styling by using different hairstyles on them and add various accessories for enhancing their hair looks. Nowadays, many hair accessories such as Hairpins, Hair Ties, Hair Combs, Hair Bows, Crowns, Hair clips, Clasps, and clutches are available in the market with various decorations, size, and colors. The women are the major consumer of these accessories as they use them with their daily lifestyles. For instance, in 2018, Scünci’s subsidiary and hair accessories brand Conair launched a collaborative collection of hair accessories. These hair accessories are inspired by the handmade pieces.
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- The base year for the study has been considered 2017, the historic year 2015 and 2016, the forecast period considered is from 2018 to 2025.
- The report provides the key data of Production (‘000 Units), Consumption (‘000 Units), Import & Export (‘000 Units), Demand, Supply, and Gap Analysis to understand the present and future scenario of the market.
- The study delivers a comprehensive analysis of the global hair accessories market by product, type, decoration, downstream, and regions.
- The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2018 to 2025.
- Porter’s Five Forces model is used to recognize the competitive scenario in the global hair accessories market. This report incorporates the industry analysis which is focused on providing an extensive view of the hair accessories market.
- The study also includes attractiveness analysis of product, type, decoration, downstream and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
- The report provides company profile of the key players operating in the hair accessories market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
- The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
- Emerging countries of hair accessories
- Growing awareness regarding their appearance
- Increasing awareness about fashion
- Put load and pressure on the head
- Decorative hair accessories are costlier
- The trend for hairstyling with hair accessories
Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. North America region dominated theglobal hair accessoriesmarket with market share of XX% in 2017. Increasing awareness about trends in the fashion industry, high life style with personal decoration, and higher personal care expenditure are some of the factors that led to the growth of hair accessories market in North America region.
The major players of market include Sta-Rite Ginnie Lou, Balmain, Good Hair Days Inc., Dominique co., ltd., Shiamas, Novita Hair accessories, Burberry Group, Ruimei, The Hair Bow Company, LLC Duralon, Gorikikogyo co., Ltd, Hairlocs, Lion Ribbon Company, and among others. The Sta-Rite Ginnie Lou, Hairlocs, Ruimei, Balmain, and Shiamas are the top leading players of the market.
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