Europe Hair Wig Market Forecast to 2030

Europe Hair Wig Market Forecast to 2030

Europe Hair Wig Market Forecast to 2030 – Regional Analysis – Type (Human Hair and Synthetic Hair), End User (Men and Women), and Distribution Channel (Specialty Stores, Online Retail, and Others)

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Description

The Europe hair wig market is expected to grow from US$ 1,087.06 million in 2022 to US$ 1,482.54 million by 2030. It is estimated to grow at a CAGR of 4.0% from 2022 to 2030.

Rising Incidence of Hair Loss Among Patients Undergoing Cancer Treatment Fuel Europe Hair Wig Market

Chemotherapy, radiation therapy, and some other medical treatments for cancer are designed to target rapidly dividing cells, which unfortunately include hair follicles. As a result, patients undergoing cancer treatment often experience significant hair loss, which can be emotionally distressing and affect their self-esteem. According to estimates from the International Agency for Research on Cancer (IARC), in 2018, 17.0 million new cancer cases and 9.5 million cancer deaths were reported across the world. By 2040, the new cancer cases and deaths are expected to grow to 27.5 million and 16.3 million, respectively, due to the changing lifestyles, dietary habits, alcohol, smoking, etc. The burden will probably be even more significant in economically transitioning countries in the future due to the increasing consumption of unhealthy diets, rising addiction to smoking, and physical inactivity. The demand for hair wigs has significantly increased due to the prevalent hair loss caused by cancer treatments. Wigs provide an effective solution for patients looking to maintain their appearance and regain some sense of normalcy amidst their battle with cancer. To meet the needs of cancer patients, Europe hair wig market players are offering a wide range of products, including natural hair wigs, synthetic wigs, and personalized designs. Wig manufacturers have improved the quality and comfort of their products, ensuring that cancer patients have access to comfortable and realistic-looking wigs that help boost their confidence during a challenging period.

The wig market growth is also driven by increasing awareness and understanding of cancer and its effects on patients. Support organizations, medical centers, and community initiatives have actively promoted the availability and benefits of wigs for cancer patients, encouraging them to embrace wigs as an empowering option. Therefore, the increasing hair loss cases due to cancer treatments drive the Europe Hair wig market growth.

Europe Hair Wig Market Overview

The Europe hair wig market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. In Europe, wigs have been used since the early ages, as Persian, Sumerian, Egyptian, Greek, and Roman people wore them for hygienic purposes. Across the region, in early societies, Europeans used to completely shave their head and cover it with wigs to fight parasites and other diseases. They soon became a trend and began being elaborate and detailed. Hence, Europe’s diverse population presents opportunities for wigs designed to cater to different ethnic hairstyles and needs.

Europe Hair Wig Market Revenue and Forecast to 2030 (US$ Million)

Europe Hair Wig Market Segmentation

The Europe hair wig market is segmented into type, end user, distribution channel, and country.

Based on type, the Europe hair wig market is bifurcated into hair and synthetic hair. The hair synthetic hair segment held a larger share of the Europe hair wig market in 2022.

Based on end user, the Europe hair wig market is bifurcated into men and women. The women segment held a larger share of the Europe hair wig market in 2022.

Based on distribution channel, the Europe specialty stores, online retail and others. The specialty stores segment held the largest share of the Europe hair wig market in 2022.

Based on country, the Europe hair wig market is segmented int o Germany, France, Italy, the UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe hair wig market in 2022.

Evergreen Products Group Ltd, HairUWear Inc, Indique Hair LLC, Lordhair Co Ltd and UniWigs Inc are some of the leading companies operating in the Europe hair wig market.

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At 4.0% CAGR, the Europe Hair Wig Market is speculated to be worth US$ 1,482.54 million by 2030, says the research team

According to the research team’ Research, the Europe hair wig market was valued at US$ 1,087.06 million in 2022 and is expected to reach US$ 1,482.54 million by 2030, registering a CAGR of 4.0% from 2022 to 2030. Rising incidence of hair loss among patients undergoing cancer treatment and rising prevalence of alopecia and hair damage are the factors attributed to the Europe hair wig market expansion.

Autoimmune disorders, genetics, hormonal imbalances, stress, and other factors can cause alopecia, a condition characterized by partial or complete hair loss. It affects people of all ages and genders, leading to emotional distress and loss of confidence. Wigs offer a practical and aesthetically pleasing solution to individuals affected by alopecia, enabling them to restore their appearance and self-esteem. Due to increasing awareness about the benefits of hair wigs, people suffering from hair loss due to alopecia prefer hair wigs as a viable option to cope with the challenges posed by hair loss. Moreover, excessive heat styling, chemical treatments, environmental factors, or modern lifestyles are a few factors that lead to hair breakage, thinning, and overall deterioration in hair quality. As people become conscious of the importance of maintaining healthy hair, they use wigs to wear trendy hairstyles without damaging their natural hair. Furthermore, the evolution of hair wig technology and materials has expanded the Europe Hair Wig Market. Advances in synthetic fibers and human hair processing have created natural-looking and comfortable wigs. Modern wigs are breathable, lightweight, and come in various styles and colors, allowing people suffering from alopecia or hair damage to choose from a wide range of wigs.

On the contrary, rising competition from hair extensions and hair transplant procedures hampers the Europe hair wig market.

Based on type, the Europe hair wig market is segmented into human hair and synthetic hair. The synthetic hair segment held 55.1% share of Europe hair wig market in 2022, amassing US$ 598.87 million. It is projected to garner US$ 803.22 million by 2030 to expand at 3.7% CAGR during 2022-2030.

Based on end user, the Europe hair wig market is segmented into men and women. The women segment held 62.0% share of Europe hair wig market in 2022, amassing US$ 674.22 million. It is projected to garner US$ 945.12 million by 2030 to expand at 4.3% CAGR during 2022-2030.

Based on distribution channel, the Europe hair wig market is segmented into specialty stores, online retail, and others. The specialty stores segment held 71.3% share of Europe hair wig market in 2022, amassing US$ 775.02 million. It is projected to garner US$ 1,053.61 million by 2030 to expand at 3.9% CAGR during 2022-2030.

Based on country, the Europe hair wig market has been categorized into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 34.6% share of Europe hair wig market in 2022. It was assessed at US$ 376.66 million in 2022 and is likely to hit US$ 488.49 million by 2030, exhibiting a CAGR of 3.3% during the 2022-2030.

Key players operating the Europe hair wig market are Evergreen Products Group Ltd, HairUWear Inc, Indique Hair LLC, Lordhair Co Ltd and UniWigs Inc, among others.

Lordhair Co Ltd has announced to expand its collection of afro hair wigs for African American men and women suffering from thinning and hair loss triggered by alopecia, heredity hair loss, hormonal changes, and medical conditions. Indique Hair LLC has opened stores in Africa with the launch of the brand in Ghana. Indique Hair LLC is available in three retail locations, exclusively selling products to discerning women in Ghana. Indique Hair LLC launched its new hair-wig line in partnership with American Singer “Chaka Khan”. The Chaka by Indique’s iKhanic curl is a fully adjustable wig with an undetectable 4×4 freestyle parting lace closure.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe hair wig market.
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 Europe hair wig 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 Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Hair Wig Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
4.3.1.1 List of Hair Wig Raw Material Suppliers
4.3.1.2 List of Hair Wig Manufacturers and Distributors
5. Europe Hair Wig Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Incidence of Hair Loss Among Patients Undergoing Cancer Treatment
5.1.2 Rising Prevalence of Alopecia and Hair Damage
5.2 Market Restraints
5.2.1 Rising Competition from Hair Extensions and Hair Transplant Procedures
5.3 Market Opportunities
5.3.1 Increasing Popularity of Wigs Among Women
5.4 Future Trends
5.4.1 Increased Promotion of Hair Wigs on Social Media
5.5 Impact of Drivers and Restraints:
6. Hair Wig Market – Europe Market Analysis
6.1 Europe Hair Wig Market Revenue (US$ Million), 2020 – 2030
6.2 Europe Hair Wig Market Forecast and Analysis
7. Europe Hair Wig Market Analysis – Type
7.1 Human Hair
7.1.1 Overview
7.1.2 Human Hair Market Revenue and Forecast to 2030 (US$ Million)
7.2 Synthetic Hair
7.2.1 Overview
7.2.2 Synthetic Hair Market Revenue and Forecast to 2030 (US$ Million)
8. Europe Hair Wig Market Analysis – End User
8.1 Men
8.1.1 Overview
8.1.2 Men Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Women
8.2.1 Overview
8.2.2 Women Market Revenue, and Forecast to 2030 (US$ Million)
9. Europe Hair Wig Market Analysis – Distribution Channel
9.1 Specialty Stores
9.1.1 Overview
9.1.2 Specialty Stores Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Online Retail
9.2.1 Overview
9.2.2 Online Retail Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Others
9.3.1 Overview
9.3.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. Europe Hair Wig Market – Country Analysis
10.1 Europe
10.1.1 Europe Hair Wig Market Overview
10.1.2 Europe Hair Wig Market, By Key Country- Revenue 2022 (US$ Mn)
10.1.3 Europe Hair Wig Market Revenue and Forecasts and Analysis – By Countries
10.1.3.1 Europe Hair Wig Market Breakdown by Country
10.1.3.2 Germany Hair Wig Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3.2.1 Germany Hair Wig Market Breakdown by Type
10.1.3.2.2 Germany Hair Wig Market Breakdown by End User
10.1.3.2.3 Germany Hair Wig Market Breakdown by Distribution Channel
10.1.3.3 France Hair Wig Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3.3.1 France Hair Wig Market Breakdown by Type
10.1.3.3.2 France Hair Wig Market Breakdown by End User
10.1.3.3.3 France Hair Wig Market Breakdown by Distribution Channel
10.1.3.4 Italy Hair Wig Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3.4.1 Italy Hair Wig Market Breakdown by Type
10.1.3.4.2 Italy Hair Wig Market Breakdown by End User
10.1.3.4.3 Italy Hair Wig Market Breakdown by Distribution Channel
10.1.3.5 UK Hair Wig Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3.5.1 UK Hair Wig Market Breakdown by Type
10.1.3.5.2 UK Hair Wig Market Breakdown by End User
10.1.3.5.3 UK Hair Wig Market Breakdown by Distribution Channel
10.1.3.6 Russia Hair Wig Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3.6.1 Russia Hair Wig Market Breakdown by Type
10.1.3.6.2 Russia Hair Wig Market Breakdown by End User
10.1.3.6.3 Russia Hair Wig Market Breakdown by Distribution Channel
10.1.3.7 Rest of Europe Hair Wig Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3.7.1 Rest of Europe Hair Wig Market Breakdown by Type
10.1.3.7.2 Rest of Europe Hair Wig Market Breakdown by End User
10.1.3.7.3 Rest of Europe Hair Wig Market Breakdown by Distribution Channel
11. Competitive Landscape
11.1 Heat Map Analysis- By Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Evergreen Products Group Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 HairUWear Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Lordhair Co Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 UniWigs Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Indique Hair LLC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix

LIST OF TABLES

Table 1. Europe Hair Wig Market Segmentation
Table 2. Europe Hair Wig Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Europe Hair Wig Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 4. Europe Hair Wig Market Revenue and Forecasts To 2030 (US$ Million) – End User
Table 5. Europe Hair Wig Market Revenue and Forecasts To 2030 (US$ Million) – Distribution Channel
Table 6. Germany Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 7. Germany Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 8. Germany Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 9. France Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 10. France Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 11. France Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 12. Italy Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 13. Italy Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 14. Italy Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 15. UK Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 16. UK Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 17. UK Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 18. Russia Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 19. Russia Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 20. Russia Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 21. Rest of Europe Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 22. Rest of Europe Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 23. Rest of Europe Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 24. Heat Map Analysis- By Key Players

LIST OF FIGURES

Figure 1. Europe Hair Wig Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Europe Hair Wig Market
Figure 4. Europe Hair Wig Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Europe Hair Wig Market Revenue (US$ Million), 2020 – 2030
Figure 7. Europe Hair Wig Market Share (%) – Type, 2022 and 2030
Figure 8. Human Hair Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Synthetic Hair Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Europe Hair Wig Market Share (%) -End User, 2022 and 2030
Figure 11. Men Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Women Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Europe Hair Wig Market Share (%) -Distribution Channel, 2022 and 2030
Figure 14. Specialty Stores Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Online Retail Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Europe Hair Wig Market, By Key Country- Revenue 2022 (US$ Mn)
Figure 18. Europe Hair Wig Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 19. Germany Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 20. France Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. Italy Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. UK Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. Russia Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. Rest of Europe Hair Wig Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Company Positioning & Concentration

The List of Companies – Europe Hair Wig Market
o Evergreen Products Group Ltd
o HairUWear Inc
o Indique Hair LLC
o Lordhair Co Ltd
o UniWigs Inc

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