Asia Pacific Hair Extension Market Forecast to 2030
Asia Pacific Hair Extension Market Forecast to 2030 – Regional Analysis – by Product Type (Tape-in, Fusion and Pre-bonded, Clip-in, and Others), Source (Human Hair and Synthetic Hair), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
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Description
Growing Utilization of Hair Extension in Entertainment and Fashion Industry fuel the Asia Pacific Hair Extension Market
The demand for hair extension in the entertainment and fashion industry is anticipated to grow significantly due to the increasing preference for hair extension among models and celebrities. The industry is anticipated to grow owing to the surge in the incidence of hair fall among women and men. Also, in terms of revenue, hair extension is highly adopted in the entertainment and fashion industry owing to rising incidence of alopecia. The fashion and entertainment industry has become vital for the sale and adoption of hair extension products. Production and fashion houses stock numerous hair extension for models and actors since they perform distinguished roles and characters. The upsurge in hair ailments among consumers is also 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. Thus, such factors are creating lucrative opportunities for the growth of the hair extension market.
Asia Pacific Hair Extension Market Overview
The Asia Pacific hair extension market is segmented into China, India, Japan, South Korea, and Australia. The emerging nations in Asia Pacific are witnessing an upsurge in the middle-class population, coupled with growth in urbanization, offering massive opportunities to the key market players in the hair extension market. The hair extension industry in the countries of Asia Pacific has experienced a considerable shift over the years.
Asia Pacific encompasses many opportunities for the growth of the hair extension market. The region is expected to become one of the prominent markets for hair extensions. South Asian countries are the worlds largest exporters of human hair. China is dominating the regional market. The rising demand for hair extension in Asia-Pacific has attracted manufacturers to establish their presence in the region, further driving the hair extension market. The rising population and cultural traditions are surging the growth of the market.
Asia Pacific Hair Extension Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Hair Extension Market Segmentation
The Asia Pacific hair extension market is segmented based on product type, source, distribution channel, and country. Based on product type, the Asia Pacific hair extension market is segmented into tape-in, fusion and pre-bonded, clip-in, and others. The clip-in segment held the largest market share in 2022.
Based on source, the Asia Pacific hair extension market is bifurcated into human hair and synthetic hair. The synthetic hair segment held a larger market share in 2022.
Based on distribution channel, the Asia Pacific hair extension 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 Asia Pacific hair extension market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the Asia Pacific hair extension market share in 2022.
Great Lengths SpA, Evergreen Products Group Ltd, Xuchang Bingyang Industrial Co. Ltd, and Angel Extensions are some of the leading companies operating in the Asia Pacific hair extension market.
Summary Info
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According to the Research Team’ research, the Asia Pacific hair extension market was valued at US$ 788.10 million in 2022 and is expected to reach US$ 1,226.17 million by 2030, registering a CAGR of 5.7% from 2022 to 2030. Growth of the personal care and beauty industry and increasing disposable income and changing living standards of middle-class population are the critical factors attributed to the Asia Pacific hair extension market expansion.
The global middle-class population, the next potential consumer segment for the personal care and cosmetic industry, has surged significantly. The shopping behavior and living standards of the middle-class population are changing rapidly with the increase in per capita disposable income. In the current market scenario, the number of consumers visiting branded salons is more significant than ever, owing to their proactive search for branded products, including hair care and skincare products. Such consumers are often primary targets for consumer-focused businesses because of their discretionary spending power. According to the World Data Lab projections, the middle-class population drives demand for various products including beauty and hair products in the global economy. They are expected to fuel the industry growth owing to rising per capita income. A noticeable change in middle-class spending patterns will affect the Asia Pacific hair extension market. In emerging countries such as India and China, middle-class people account for a significant share of the hair extension market due to the increasing economy and growing disposable income. Out of the total population residing in China, the middle-class category accounts for the largest share globally and is a significant market for major multinational companies. Chinese middle-class consumer consumption, primarily inspired by the western lifestyle, is increasing the demand for higher quality products such as hair extensions, hair care, and other styling and grooming products. The rise in disposable income in the middle-class population has changed their shopping behavior and living standards, affecting the grooming market. Thus, such factors are driving the demand for hair extensions.
On the contrary, unethical practices in hair industry hurdles the growth of Asia Pacific hair extension market.
Based on product type, the Asia Pacific hair extension market is categorized into tape-in, fusion and pre-bonded, clip-in, and others. The clip-in segment held 52.6% market share in 2022, amassing US$ 414.44 million. It is projected to garner US$ 613.59 million by 2030 to expand at 5.0% CAGR during 2022-2030.
Based on source, the Asia Pacific hair extension market is bifurcated into human hair and synthetic hair. The synthetic hair segment held 59.6% share of Asia Pacific hair extension market in 2022, amassing US$ 469.72 million. It is projected to garner US$ 716.00 million by 2030 to expand at 5.4% CAGR during 2022-2030.
Based on distribution channel, the Asia Pacific hair extension market is categorized into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held 55.6% share of Asia Pacific hair extension market in 2022, amassing US$ 437.80 million. It is projected to garner US$ 691.44 million by 2030 to expand at 5.9% CAGR during 2022-2030.
Based on country, the Asia Pacific hair extension market has been categorized into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. Our regional analysis states that the Rest of Asia Pacific captured 29.4% share of Asia Pacific hair extension market in 2022. It was assessed at US$ 232.02 million in 2022 and is likely to hit US$ 348.06 million by 2030, exhibiting a CAGR of 5.2% during 2022-2030.
Key players operating in the Asia Pacific hair extension market are Great Lengths SpA, Evergreen Products Group Ltd, Xuchang Bingyang Industrial Co. Ltd, and Angel Extensions, among others.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific hair extension market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific hair extension market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Hair Extension Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Asia Pacific
4.3 Expert Opinion
5. Asia Pacific Hair Extension Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growth of the Personal Care and Beauty Industry
5.1.2 Increasing Disposable Income and Changing Living Standards of Middle-Class Population
5.2 Market Restraints
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 Promotion of Hair Extensions on social media
5.5 Impact of Drivers and Restraints:
6. Hair Extension Market – Asia Pacific Market Analysis
6.1 Hair Extension Market Revenue (US$ Million), 2022 – 2030
6.2 Hair Extension Market Forecast and Analysis
7. Asia Pacific Hair Extension Market Analysis – Product Type
7.1 Overview
7.2 Hair Extension Market, by Product Type (2022 and 2030)
7.3 Tape-in
7.3.1 Overview
7.3.2 Tape-in Market Revenue and Forecast to 2030 (US$ Million)
7.4 Fusion and Pre-bonded
7.4.1 Overview
7.4.2 Fusion and Pre-bonded Market Revenue and Forecast to 2030 (US$ Million)
7.5 Clip-in
7.5.1 Overview
7.5.2 Clip-in Market Revenue and Forecast to 2030 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Hair Extension Market Analysis – Source
8.1 Overview
8.2 Hair Extension Market, by Source (2022 and 2030)
8.3 Human Hair
8.3.1 Overview
8.3.2 Human Hair Market Revenue and Forecast to 2030 (US$ Million)
8.4 Synthetic Hair
8.4.1 Overview
8.4.2 Synthetic Hair Market Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Hair Extension Market Analysis – Distribution Channel
9.1 Overview
9.2 Hair Extension Market, by Distribution Channel (2022 and 2030)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Specialty Stores
9.4.1 Overview
9.4.2 Specialty Stores Market Revenue, and Forecast to 2030 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail Market Revenue, and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. Asia Pacific Hair Extension Market – Country Analysis
10.1 Asia Pacific Hair Extension Market
10.1.1 Overview
10.1.2 Asia Pacific Hair Extension Market Breakdown by Country
10.1.2.1 Hair extension market Breakdown by Country
10.1.2.2 Australia Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
10.1.2.2.1 Australia Hair Extension Market Breakdown by Product Type
10.1.2.2.2 Australia Hair Extension Market Breakdown by Source
10.1.2.2.3 Australia Hair Extension Market Breakdown by Distribution Channel
10.1.2.3 China Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
10.1.2.3.1 China Hair Extension Market Breakdown by Product Type
10.1.2.3.2 China Hair Extension Market Breakdown by Source
10.1.2.3.3 China Hair Extension Market Breakdown by Distribution Channel
10.1.2.4 India Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
10.1.2.4.1 India Hair Extension Market Breakdown by Product Type
10.1.2.4.2 India Hair Extension Market Breakdown by Source
10.1.2.4.3 India Hair Extension Market Breakdown by Distribution Channel
10.1.2.5 Japan Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
10.1.2.5.1 Japan Hair Extension Market Breakdown by Product Type
10.1.2.5.2 Japan Hair Extension Market Breakdown by Source
10.1.2.5.3 Japan Hair Extension Market Breakdown by Distribution Channel
10.1.2.6 South Korea Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
10.1.2.6.1 South Korea Hair Extension Market Breakdown by Product Type
10.1.2.6.2 South Korea Hair Extension Market Breakdown by Source
10.1.2.6.3 South Korea Hair Extension Market Breakdown by Distribution Channel
10.1.2.7 Rest of Asia Pacific Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
10.1.2.7.1 Rest of Asia Pacific Hair Extension Market Breakdown by Product Type
10.1.2.7.2 Rest of Asia Pacific Hair Extension Market Breakdown by Source
10.1.2.7.3 Rest of Asia Pacific Hair Extension Market Breakdown by Distribution Channel
11. Competitive Landscape
11.1 Heat Map Analysis- By Key Players
12. Company Profiles
12.1 Great Lengths SpA
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 Evergreen Products Group Ltd
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 Xuchang Bingyang Industrial Co Ltd
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 Angel Extensions
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
13. Appendix
LIST OF TABLES
Table 1. Asia Pacific Hair Extension Market Segmentation
Table 2. Asia Pacific Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Australia Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 4. Australia Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 5. Australia Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Distribution Channel
Table 6. China Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 7. China Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 8. China Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Distribution Channel
Table 9. India Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 10. India Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 11. India Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Distribution Channel
Table 12. Japan Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 13. Japan Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 14. Japan Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Distribution Channel
Table 15. South Korea Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 16. South Korea Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 17. South Korea Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Distribution Channel
Table 18. Rest of Asia Pacific Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 19. Rest of Asia Pacific Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 20. Rest of Asia Pacific Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – Distribution Channel
LIST OF FIGURES
Figure 1. Asia Pacific Hair Extension Market Segmentation, By Country
Figure 2. Asia Pacific Expert Opinion
Figure 3. Hair Extension Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Asia Pacific Hair Extension Market Revenue (US$ Million), 2020 – 2030
Figure 6. Asia Pacific Hair Extension Market Share (%) – Product Type, 2022 and 2030
Figure 7. Tape-in Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Fusion and Pre-bonded Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Clip-in Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Asia Pacific Hair Extension Market Share (%) – Source, 2022 and 2030
Figure 12. Human Hair Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Synthetic Hair Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Asia Pacific Hair Extension Market Share (%) – Distribution Channel, 2022 and 2030
Figure 15. Supermarkets and Hypermarkets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Specialty Stores Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Online Retail Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Asia Pacific Hair Extension Market, By Key Countries – Revenue (2022) (US$ Million)
Figure 20. Asia Pacific Hair Extension Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 21. Australia Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. China Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. India Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Japan Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. South Korea Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Rest of Asia Pacific Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. Heat Map Analysis- By Key Players
The List of Companies – Asia Pacific Hair Extension Market
1. Great Lengths SPA
2. Evergreen Products Group Ltd.
3. Xuchang Bingyang Industrial Co., Ltd
4. Angel Extensions
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