GITNUX MARKETDATA REPORT 2024

Hair Extension Industry Statistics [Fresh Research]

Statistic 1

"The global hair extension market is expected to grow at a CAGR of 4.5% during the period of 2021-2026."

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Statistic 2

"In 2020, the hair extension market was valued at approximately USD 5.41 billion."

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Statistic 3

"North America held the largest market share for hair extensions in 2019, accounting for about 30% of the global market."

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Statistic 4

"The online sales segment of hair extensions accounted for 31.5% market share in 2021."

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Statistic 5

"The demand for human hair extensions is anticipated to grow by over 7.8% during the forecast period of 2021-2026."

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Statistic 6

"Europe’s hair extension market is expected to reach a valuation of USD 1.3 billion by 2026."

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Statistic 7

"Asia-Pacific is predicted to experience the highest growth in the hair extension market, with a CAGR of 5% during the forecast period."

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Statistic 8

"The synthetic hair extension market share is estimated to decline by 7% between 2021 and 2026."

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Statistic 9

"The global hair wigs and extensions market revenue is projected to increase by 20% from 2017 to 2023."

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Statistic 10

"The Virgin Remy hair extensions segment held a significant market revenue of around 54% in 2020."

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Statistic 11

"Salon-based application of hair extensions could hold the largest revenue share, at about 36% in 2021."

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Statistic 12

"Fusion hair extensions are expected to grow at a CAGR of approximately 5.7% during the period between 2021 and 2026."

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Statistic 13

"Nearly 2,500 hair extension businesses are currently operating in the United States."

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Statistic 14

"Hair extension market in South America is projected to grow at a CAGR of 4.1% during the forecast period."

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Statistic 15

"Growing at a CAGR of 5.5%, the hair extension market in the Middle East and Africa is set to exceed a value of $400 million by 2026."

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Statistic 16

"Demographic studies show that approximately 65% of the total hair extensions consumers are aged between 20 to 35 years."

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