South & Central America Hair Extension Market Forecast to 2030
South & Central America 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 South & Central America 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.
South & Central America Hair Extension Market Overview
The South & Central America hair extension market is segmented into Brazil, Argentina, and the Rest of South & Central America. South & Central America is contributing majorly to the growth of hair extension owing to the changing lifestyle and urbanization. In South & Central America, Chile, Panama, Brazil, and Argentina are driving the market growth. The population and continuous improvement in disposable incomes have positively impacted the economic growth of Brazil and Argentina to a large extent. The shifting consumer lifestyle has been a critical factor propelling the growth of the hair extension market in the region, especially in Brazil. Although the region encompasses several opportunities for hair extensions, the industry is less developed than other regions. The increase in demand for hair extension and continuous innovation in hair extension have positively impacted the economy of Brazil and Argentina. Further, the rising demand for grooming products and the growing popularity of hair extension among consumers, primarily women owing to high-end natural hair extensions, will drive the hair extension market in South America.
South & Central America Hair Extension Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Hair Extension Market Segmentation
The South & Central America hair extension market is segmented based on product type, source, distribution channel, and country. Based on product type, the South & Central America 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 South & Central America 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 South & Central America 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 South & Central America hair extension market is segmented into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the South & Central America hair extension market share in 2022.
Rio Hair, Ecotrade Europe Ltd, Lullabellz, and Hair Argentina are some of the leading companies operating in the South & Central America hair extension market.
Summary Info
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According to the Research Team’ research, the South & Central America hair extension market was valued at US$ 345.36 million in 2022 and is expected to reach US$ 510.70 million by 2030, registering a CAGR of 5.0% from 2022 to 2030. Growth of the personal care and beauty industry is the critical factor attributed to the South & Central America hair extension market expansion.
There is an emerging trend of promoting hair extension on social media platforms. These platforms also have integrated shopping facilities, which allow several influencers and hairstylists to market hair extension online. Consumers tend to purchase hair extension and skin-related products to enhance their appearance on social media platforms. In the current market scenario, several hair extension organizations are also moving toward social media platforms such as Instagram, Facebook, Pinterest, and YouTube to endorse their brand and work. Such organizations record their clients best hair transformations and upload them on social media to showcase their work and reach target consumers. Secret Hair is one such company that has grown through social media by showcasing its work and using appropriate hashtags to reach the desired consumers. Instagram is among the favorite social platforms to sell hair extensions. Hair extensions are best shown off in consumer-generated content, where they exhibit their hair extension in video and picture tutorials. All these factors are proliferating the demand for hair extensions.
On the contrary, hair damage concerns surrounding hair extensions hurdles the growth of South & Central America hair extension market.
Based on product type, the South & Central America hair extension market is categorized into tape-in, fusion and pre-bonded, clip-in, and others. The clip-in segment held 52.2% market share in 2022, amassing US$ 180.18 million. It is projected to garner US$ 248.56 million by 2030 to expand at 4.1% CAGR during 2022-2030.
Based on source, the South & Central America hair extension market is bifurcated into human hair and synthetic hair. The synthetic hair segment held 63.1% share of South & Central America hair extension market in 2022, amassing US$ 218.08 million. It is projected to garner US$ 315.22 million by 2030 to expand at 4.7% CAGR during 2022-2030.
Based on distribution channel, the South & Central America hair extension market is categorized into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held 56.7% share of South & Central America hair extension market in 2022, amassing US$ 195.97 million. It is projected to garner US$ 291.33 million by 2030 to expand at 5.1% CAGR during 2022-2030.
Based on country, the South & Central America hair extension market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that the Rest of South & Central America captured 47.2% share of South & Central America hair extension market in 2022. It was assessed at US$ 162.88 million in 2022 and is likely to hit US$ 235.04 million by 2030, exhibiting a CAGR of 4.7% during 2022-2030.
Key players operating in the South & Central America hair extension market are Rio Hair, Ecotrade Europe Ltd, Lullabellz, and Hair Argentina, 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 South & Central America 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 South & Central America market trends and outlook coupled with the factors driving the South & Central America 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. South & Central America Hair Extension Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 South & Central America
4.3 Expert Opinion
5. South & Central America Hair Extension Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growth of the Personal Care and Beauty Industry
5.2 Market Restraints
5.2.1 Hair Damage Concerns Surrounding Hair Extensions
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 – South & Central America Market Analysis
6.1 Hair Extension Market Revenue (US$ Million), 2022 – 2030
6.2 Hair Extension Market Forecast and Analysis
7. South & Central America 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. South & Central America 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. South & Central America 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. South & Central America Hair Extension Market – Country Analysis
10.1 South & Central America
10.1.1 South & Central America Hair Extension Market Overview
10.1.2 South & Central America Hair Extension Market Revenue and Forecasts and Analysis – By Countries
10.1.2.1 Hair Extension Market Breakdown by Country
10.1.2.2 Brazil Hair Extension Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.2.1 Brazil Hair Extension Market Breakdown by Product Type
10.1.2.2.2 Brazil Hair Extension Market Breakdown by Source
10.1.2.2.3 Brazil Hair Extension Market Breakdown by Distribution Channel
10.1.2.3 Argentina Hair Extension Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.3.1 Argentina Hair Extension Market Breakdown by Product Type
10.1.2.3.2 Argentina Hair Extension Market Breakdown by Source
10.1.2.3.3 Argentina Hair Extension Market Breakdown by Distribution Channel
10.1.2.4 Rest of South & Central America Hair Extension Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.4.1 Rest of South & Central America Hair Extension Market Breakdown by Product Type
10.1.2.4.2 Rest of South & Central America Hair Extension Market Breakdown by Source
10.1.2.4.3 Rest of South & Central America Hair Extension Market Breakdown by Distribution Channel
11. Competitive Landscape
11.1 Heat Map Analysis- By Key Players
12. Company Profiles
12.1 Rio Hair
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 Ecotrade Europe 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 Lullabellz 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 Hair Argentina
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. South & Central America Hair Extension Market Segmentation
Table 2. South & Central America Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Brazil Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 4. Brazil Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 5. Brazil Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – By Distribution Channel
Table 6. Argentina Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 7. Argentina Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 8. Argentina Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – By Distribution Channel
Table 9. Rest of South & Central America Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 10. Rest of South & Central America Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 11. Rest of South & Central America Hair Extension Market Revenue and Forecasts To 2030 (US$ Million) – By Distribution Channel
LIST OF FIGURES
Figure 1. South & Central America Hair Extension Market Segmentation, By Country
Figure 2. South & Central America Expert Opinion
Figure 3. Hair Extension Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. South & Central America Hair Extension Market Revenue (US$ Million), 2020 – 2030
Figure 6. South & Central America 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. South & Central America 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. South & Central America 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. South & Central America Hair Extension Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 20. Hair Extension Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 21. Brazil Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Argentina Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Rest of South & Central America Hair Extension Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Heat Map Analysis- By Key Players
The List of Companies – South & Central America Hair Extension Market
1. Rio Hair
2. Ecotrade Europe Ltd
3. Lullabellz
4. Hair Argentina
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