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According to a new report Global Hair Accessories Market, published by KBV research, The Global Hair Accessories Market size is expected to reach $25.9 billion by 2027, rising at a market growth of 9.6% CAGR during the forecast period.
The online platform segment is anticipated to witness a promising growth rate over the forecast period. It is due to the shifting shopping patterns of consumers, which would further accelerate the growth of the segment during the forecast period. In addition, the increasing consumer preference for online shopping platforms is motivating companies to provide their products through online sites that would surge the growth of the segment.
The wigs & extensions segment is projected to display a significant growth rate during the forecast period due to the growing popularity of wigs and extensions across the world. Additionally, the introduction of human-like hair extensions & wigs with top-quality would accelerate the growth of the segment over the forecast period. Further, wigs & extensions are gaining more traction and are witnessing a huge demand among consumers with different textured hair.
Europe is anticipated to showcase a significant growth rate in the hair accessories market over the forecast period. The changing fashion trends and evolving style statements among people contributed to the high demand for clips & pins and elastics & ties that can complement various outfits. Due to this trend, the growth of the regional hair accessories market would witness a surge over the forecast period.
Full Report: https://www.kbvresearch.com/hair-accessories-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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