Market Overview:
The global wigs market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wigs due to various reasons such as hair loss, chemotherapy, and alopecia. In addition, the increasing awareness about fashion and styling has led to an increase in the demand for wigs among both men and women. The global wig market is segmented on the basis of type, application, and region. On the basis of type, it is divided into human hair-based wigs and synthetic material-based wigs. Human hair-based wig dominates the global wig market owing to its natural appearance and durability as compared to synthetic material-based wig. On the basis of application, it is classified into men’s wearables category and women’s wearables category.
Product Definition:
Wigs are pieces of artificial hair that are worn on the head to change the appearance of the wearer's hair.
Made of Human Hair:
Hair is one of the important body parts and it has a significant role in human anatomy. Hair growth factor plays an important role in maintaining hair health. The main function of hair is to protect the scalp from heat, moisture, and foreign particles that may enter into the body through open pores of the skin.
Made of Synthetic Materials:
Synthetic materials are man-made and are derived from the natural elements like petroleum, rubber, plastic polymers. The synthetic fibers used for manufacturing wigs include nylon, polyester and rayon. Nylon is a popular choice among manufacturers as it has high tensile strength which makes it suitable to be used in making human hair wigs. It also has good elasticity which helps maintain the shape of the original hairpiece even after many washes.
Application Insights:
Men application segment dominated the global wigs market in 2017. This is attributed to rising acceptance of male pattern baldness among young adults. Moreover, increasing awareness about hair loss problems and growing inclination towards cosmetic surgeries are boosting the growth of this segment. For instance, according to a survey conducted by the American Society of Plastic Surgeons (ASPS), majority of men aged 18-49 years have experienced some degree of hair thinning at some point in their lives. Thus, increasing number of male patients suffering from hair fall issues are expected to fuel product demand over the forecast period.
The women application segment is expected to witness significant growth over the forecast period owing to rising awareness about female reproductive system disorders and growing inclination towards surgical treatments for improving aesthetic appeal and enhancing self-esteem after childbirth or weight loss surgery among women aged 18-35 years old globally.
Regional Analysis:
Europe dominated the global market in 2017 owing to high demand for hairpieces from countries, such as Germany, U.K., France and Italy. The presence of a large number of manufacturers has also fueled the regional market growth. For instance, in November 2016, extensions with roots were launched by L'Or©al Paris S.A. These products are widely used for styling and coloring wigs worn by women across Europe to achieve different hairstyles on various occasions such as wedding ceremonies or parties.
Asia Pacific is expected to witness significant growth over the forecast period due to rising disposable income levels among consumers coupled with growing popularity of western fashion trends in this region which will fuel product demand further during the forecast period from 2018 to 2030 timeframe).
Growth Factors:
- Increasing awareness about hair loss and its treatment options among people, especially in developed countries.
- Growing popularity of wigs as a fashion accessory among women and young people.
- Rising demand for customized wigs to match individual preferences and requirements.
- Increasing use of wigs by cancer patients for hair restoration purposes.
- Technological advancements in wig manufacturing that result in better quality, durability, and appearance of wigs
Scope Of The Report
Report Attributes
Report Details
Report Title
Wigs Market Research Report
By Type
Made of Human Hair, Made of Synthetic Materials
By Application
Men, Women
By Companies
Amigo, B-Trust, China Best Wigs, Diana, Tsingtao Hair, Eclace Wigs, Double Leaf, Hair Graces, YunXiang, Wigsroyal, Amigo, Mike & Mary, Hengyuan, Hairline Illusions, Henry Margu, Motown Tress, Ruimei, Vivica, Wig America
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Wigs Market Report Segments:
The global Wigs market is segmented on the basis of:
Types
Made of Human Hair, Made of Synthetic Materials
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Men, Women
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amigo
- B-Trust
- China Best Wigs
- Diana
- Tsingtao Hair
- Eclace Wigs
- Double Leaf
- Hair Graces
- YunXiang
- Wigsroyal
- Amigo
- Mike & Mary
- Hengyuan
- Hairline Illusions
- Henry Margu
- Motown Tress
- Ruimei
- Vivica
- Wig America
Highlights of The Wigs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Made of Human Hair
- Made of Synthetic Materials
- By Application:
- Men
- Women
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wigs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wigs are a type of hairpiece that covers the head and is worn by women or men. They come in many different styles, colors, and materials.
Some of the major companies in the wigs market are Amigo, B-Trust, China Best Wigs, Diana, Tsingtao Hair, Eclace Wigs, Double Leaf, Hair Graces, YunXiang, Wigsroyal, Amigo, Mike & Mary, Hengyuan, Hairline Illusions, Henry Margu, Motown Tress, Ruimei, Vivica, Wig America.
The wigs market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wigs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wigs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wigs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wigs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wigs Market Size & Forecast, 2018-2028
4.5.1 Wigs Market Size and Y-o-Y Growth
4.5.2 Wigs Market Absolute $ Opportunity
Chapter 5 Global Wigs Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wigs Market Size Forecast by Type
5.2.1 Made of Human Hair
5.2.2 Made of Synthetic Materials
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wigs Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wigs Market Size Forecast by Applications
6.2.1 Men
6.2.2 Women
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wigs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wigs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wigs Analysis and Forecast
9.1 Introduction
9.2 North America Wigs Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wigs Market Size Forecast by Type
9.6.1 Made of Human Hair
9.6.2 Made of Synthetic Materials
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wigs Market Size Forecast by Applications
9.10.1 Men
9.10.2 Women
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wigs Analysis and Forecast
10.1 Introduction
10.2 Europe Wigs Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wigs Market Size Forecast by Type
10.6.1 Made of Human Hair
10.6.2 Made of Synthetic Materials
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wigs Market Size Forecast by Applications
10.10.1 Men
10.10.2 Women
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wigs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wigs Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wigs Market Size Forecast by Type
11.6.1 Made of Human Hair
11.6.2 Made of Synthetic Materials
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wigs Market Size Forecast by Applications
11.10.1 Men
11.10.2 Women
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wigs Analysis and Forecast
12.1 Introduction
12.2 Latin America Wigs Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wigs Market Size Forecast by Type
12.6.1 Made of Human Hair
12.6.2 Made of Synthetic Materials
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wigs Market Size Forecast by Applications
12.10.1 Men
12.10.2 Women
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wigs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wigs Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wigs Market Size Forecast by Type
13.6.1 Made of Human Hair
13.6.2 Made of Synthetic Materials
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wigs Market Size Forecast by Applications
13.10.1 Men
13.10.2 Women
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wigs Market: Competitive Dashboard
14.2 Global Wigs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amigo
14.3.2 B-Trust
14.3.3 China Best Wigs
14.3.4 Diana
14.3.5 Tsingtao Hair
14.3.6 Eclace Wigs
14.3.7 Double Leaf
14.3.8 Hair Graces
14.3.9 YunXiang
14.3.10 Wigsroyal
14.3.11 Amigo
14.3.12 Mike & Mary
14.3.13 Hengyuan
14.3.14 Hairline Illusions
14.3.15 Henry Margu
14.3.16 Motown Tress
14.3.17 Ruimei
14.3.18 Vivica
14.3.19 Wig America
