The Europe Hair Accessories Market would witness market growth of 9.3% CAGR during the forecast period (2021-2027).
There is a wide availability of hair accessories in the market, particularly for females. Companies operating in this market are introducing several kinds of hair accessories including hair bands, hair rings, hair comb, hairpins, clips, ribbons and bows, banana clips, beads, barrettes, hair spikes or sticks, and other things such as stones, coins, flowers, feathers, pearls, etc. Ribbons & bows are thin strips of elastics or fabric that are manufactured from strongly woven yarns, utilized to fasten and bind the hairs. Such kinds of ribbons and bows are becoming more popular because they are fashionable and sports accessories, which can be worn in schools or hair bands are mandatory since it suits well with formal attire.
Hair accessories are the most basic accessories used by people. Many companies are launching some premium as well as basic hair accessories to fulfill the higher demand for these accessories by the customers in the region. Additionally, the growing fashion trend and increasing population of youngsters are among the key determinants augmenting the growth of the regional hair accessories market in the coming years.
Moreover, hair accessories are not only used by fashion-related people but also used by corporate professionals and sportspersons, which is expanding the demand for these hair accessories in different styles, designs, and colors to match customers’ specific requirements.
The Germany market dominated the Europe Hair Accessories Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,911.3 Million by 2027. The UK market is exhibiting a CAGR of 8.2% during (2021 - 2027). Additionally, The France market would showcase a CAGR of 12% during (2021 - 2027).
Based on distribution channel, the market is segmented into general stores, online, and Supermarkets & Hypermarkets. Based on product, the market is segmented into Elastics & Ties, Wigs & Extensions, Clips & Pins, Headbands, and Other Products. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Hair Accessories Market Size will Hit $25.9 billion by 2027, at a CAGR of 9.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Forever 21, Inc., Fromm International, Annie International, Inc., The Finest Accessories, Inc., SILKE London, Invisibobble, SwirlyCurly Hair, H&M Group, Conair LLC (American Securities), and Good Hair Day (Coty)
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