According to the new market research report “Global Synthetic Fiber Hair Wigs Market 2024 by Company, Regions, Type and Application, Forecast to 2030”, published by Global Info Research, the global Synthetic Fiber Hair Wigs market size is projected to reach USD 3.54 billion by 2029, at a CAGR of 10.2% during the forecast period.
According to Global Info Research Top Players Research Center, the global key manufacturers of Synthetic Fiber Hair Wigs include Rebecca, Godrej, Aderans, Artnature, Jifa, etc. In 2022, the global top five players had a share approximately 36.0% in terms of revenue.
In terms of product type, currently Hair Extension is the largest segment, hold a share of 73.5%.
In terms of product application, currently Women is the largest segment, hold a share of 89.3%.
Market Drivers:
With the continuous growth of per capita income, the level of consumption continues to upgrade, the total consumption of wig products increased.
Hair loss population scale is big, and the development trend of more, hair transplant is one of the effective measures to solve the problem of hair loss, but the high cost, long operation time, and for hair loss population health status, such as hair follicle number conditions have required, therefore, do not have hair condition, population, are reluctant to transplant measures of hair loss will choose a wig hair loss problem.
Market Challenges：
High risks involved there are some problems in synthetic wig industry, such as lack of supervision and malicious competition.
Significantly affected by upstream raw material prices.
According to Global Info Research Top Players Research Center, the global key manufacturers of Synthetic Fiber Hair Wigs include Rebecca, Godrej, Aderans, Artnature, Jifa, etc. In 2022, the global top five players had a share approximately 36.0% in terms of revenue.
In terms of product type, currently Hair Extension is the largest segment, hold a share of 73.5%.
In terms of product application, currently Women is the largest segment, hold a share of 89.3%.
Market Drivers:
With the continuous growth of per capita income, the level of consumption continues to upgrade, the total consumption of wig products increased.
Hair loss population scale is big, and the development trend of more, hair transplant is one of the effective measures to solve the problem of hair loss, but the high cost, long operation time, and for hair loss population health status, such as hair follicle number conditions have required, therefore, do not have hair condition, population, are reluctant to transplant measures of hair loss will choose a wig hair loss problem.
Market Challenges：
High risks involved there are some problems in synthetic wig industry, such as lack of supervision and malicious competition.
Significantly affected by upstream raw material prices.