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UK Female Hair Piece, Wig, and Extension Market by Product Type (Hair Pieces, Wigs, and Hair Extensions), By Material (Synthetic Hair, and Real Hair): Opportunity Analysis and Industry Forecast, 2021–2027

A10359
Pages: 96
Mar 2021 | 471 Views
 
Author(s) : Sumesh Kumar , Roshan Deshmukh
Tables: 31
Charts: 33
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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The UK female hair piece, wig, and extension market size was valued at $612.9 million on 2019, and is expected to reach $1,185.1 million by 2027, growing at a CAGR of 11.7% from 2021 to 2027. The wigs segment dominated the market in 2019, and is expected to continue this trend throughout the forecast period. Hair wigs, pieces, and extensions are fake hair made with real human hair and synthetic fibers to mask balding spots or to augment the look of the wearer. 

COVID-19 is an infectious disease caused by the novel coronavirus, which originated in the Wuhan district in China in the late 2019, and since has spread to 212 countries. According to the estimates of the WHO, reported confirmed cases of COVID-19 were 113,188,469 and a death toll of 2,510,781 as of February 25, 2021 throughout the globe. Thus, the outbreak of COVID-19 has been considered a pandemic, and has adversely affected various businesses around the world. The pandemic has had the most impact on the manufacturing, logistics, and the travel & tourism industries. The virus outbreak enforced the governments of various countries to impose a lockdown to reduce the spread of the virus. Thus, various companies are experiencing a down time, and has driven some companies to work remotely, leading to low productivity and ultimately low income.

UK Female Hair Piece, Wig & Extension Market

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The consumer goods industry as a whole had been growing at a significant rate prior to the COVID-19 outbreak, however, has experienced an anomaly in recent time, as consumers are being selective on their purchases. The disruption of supply chain has further crippled the availability of products. Consumers have opted to spend lower on consumer durables due to the uncertainty surrounding their income. Thus, the sales of consumer goods have lowered during the pandemic. Hair pieces, wig and extension are included in the category of products that is purchased occasionally. Hence, the demand for such products has remained quite consistent among consumers. The outbreak of the novel coronavirus has negatively affected the growth of the market in the UK and rest of the world. There has been a decrease in sales of hair wig, pieces, and hair extensions due to slowdown in production due to the lockdown. Furthermore, the disruption of supply chain has also affected the supply of the product to the market.

The growth of the UK female hair piece, wig, and extension market can be attributed to increase in concerns about physical appearance caused by hair loss. Moreover, rise in influence of celebrity hairstyles and fashion has boosted the use of hair piece, wig, and extension. Increase in acceptance and use of false hair among women to restore their self-confidence has notably contributed toward the growth of the overall market. However, environmental impact of synthetic wigs and emergence of novel treatment of hair loss such as Minoxidil act as the major restraints of the market. On the contrary, breakthrough in the production of false hair is expected to drive the market growth. Furthermore, the introduction of techniques such as strand applications are anticipated to offer remunerative opportunities for the UK female hair piece, wig, and extension market growth.

The UK female hair piece, wig, and extension market is segmented into product type and material. Depending on the product type, the market is categorized into hair pieces, which includes bangs & fringes, ponytails, hair buns, hair wraps, head bands and other (toupee and wefts); wigs, which includes standard & capless construction, hand tied, monofilament construction, lace front wig, and others (partial wigs and French knot wig); and hair extensions, which include clip-in hair extension, tape-in hair extension, sew-in hair extension/weave, and pre-bonded hair extension.

UK Female Hair Piece, Wig, and Extension Market
By Product Type $Million

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UK Female Hair Piece, Wig and Extension Market is expected to reach $1,185.1 Million by 2027.

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Based on UK female hair piece, wig, and extension market forecast by product type, the wigs segment led the market in 2019, and is expected to remain dominant throughout the forecast period. The growth in this segment is attributed to increase in acceptance and use of wigs as form of masking tool for patients suffering from alopecia and cancer. Furthermore, rise in affinity of women toward various celebrity wigs boosts the growth of the UK female hair piece, wig, and extension industry.

UK Female Hair Piece, Wig, and Extension Market
By By Material $Million

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Growing at a CAGR of 11.7% (2021-2027)

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Based on the UK female hair piece, wig, and extension market analysis by material, the real hair segment was the major contributor in 2019, and is expected to continue this trend throughout the forecast period. This is attributed to real wig being perceived to be better in terms of quality by women. However, the synthetic segment in the UK female hair piece, wig, and extension market is expected to garner higher growth rate, owing to cost-effectiveness and high availability.

Key players in the UK female hair piece, wig, and extension market have relied on strategies such as product launch to consolidate their presence and to stay relevant in the UK female hair piece, wig, and extension market share. The key players in the UK female hair piece, wig, and extension industry profiled in the report are Aderans Co., Ltd., Cinderella Hair, Daxbourne International Ltd., Foxy Locks Ltd., Hair Development Limited, Kimwigs.Co.Uk, Luxy Hair Co., Racoon International Ltd., Salonlabs LLC, and the Real Human Hair Company.

Key Benefits For Stakeholders

  • The report provides a quantitative analysis of the current UK female hair piece, wig, and extension market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size and segmentation assists to determine the prevailing UK female hair wig, pieces, and extension market opportunities.
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the industry.

Key Market Segments

  • By Product Type
    • Hair Pieces
      • Bangs & Fringes
      • Ponytails
      • Hair Buns
      • Hair Wraps
      • Head Bands
      • Others
    • Wigs
      • Standard & Capless Construction
      • Hand Tied
      • Monofilament Construction
      • Lace Front Wig
      • Others
    • Hair Extensions
      • Clip-in Hair Extension
      • Tape-in Hair Extension
      • Sew-in Hair Extension/Weave
      • Pre-bonded Hair Extension
  • By Material
    • Synthetic Hair
    • Real Hair
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping UK female hair piece, wig and extension industry/market
3.3.Market dynamics

3.3.1.Drivers

3.3.1.1.Increase number of individuals suffering from hair loss
3.3.1.2.Surge in adoption of false hair for beautification

3.3.2.Restraint

3.3.2.1.Adverse impact of human hair waste on environment
3.3.2.2.Growing range of alternative treatments for hair loss

3.3.3.Opportunity

3.3.3.1.Rapid expansion of synthetic hair goods industry

3.4.COVID-19 impact analysis

3.4.1.Introduction
3.4.2.Impact on the consumer goods industry
3.4.3.Impact on the UK female hair piece, wig, & extension market

CHAPTER 4:UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET, BY PRODUCT TYPE

4.1.Overview
4.2.Hair pieces

4.2.1.Key market trends, growth factors, and opportunitie
4.2.2.Market size and forecast

4.2.2.1.Bangs & fringes

4.2.2.1.1.Market size and forecast

4.2.2.2.Ponytails

4.2.2.2.1.Market size and forecast

4.2.2.3.Hair buns

4.2.2.3.1.Market size and forecast

4.2.2.4.Hair wraps

4.2.2.4.1.Market size and forecast

4.2.2.5.Head bands

4.2.2.5.1.Market size and forecast

4.2.2.6.Others

4.2.2.6.1.Market size and forecast

4.3.Wigs

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast

4.3.2.1.Standard & capless construction

4.3.2.1.1.Market size and forecast

4.3.2.2.Hand tied

4.3.2.2.1.Market size and forecast

4.3.2.3.Monofilament construction

4.3.2.3.1.Market size and forecast

4.3.2.4.Lace front wig

4.3.2.4.1.Market size and forecast

4.3.2.5.Others

4.3.2.5.1.Market size and forecast

4.4.Hair extensions

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast

4.4.2.1.Clip-in hair extension

4.4.2.1.1.Market size and forecast

4.4.2.2.Tape-in hair extension

4.4.2.2.1.Market size and forecast

4.4.2.3.Sew-in hair extension/weave

4.4.2.3.1.Market size and forecast

4.4.2.4.Pre-bonded hair extension

4.4.2.4.1.Market size and forecast

CHAPTER 5:UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET, BY MATERIAL

5.1.Overview
5.2.Synthetic hair

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast

5.3.Real hair

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast

CHAPTER 6:COMPETITION LANDSCAPE

6.1.Product mapping
6.2.Competitive dashboard
6.3.Competitive heat map

CHAPTER 7:COMPANY PROFILES

7.1.ADERANS CO., LTD.

7.1.1.Company overview
7.1.2.Key executives
7.1.3.Company snapshot
7.1.4.Product portfolio

7.2.CINDERELLA HAIR

7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Product portfolio

7.3.DAXBOURNE INTERNATIONAL LTD

7.3.1.Company overview
7.3.2.Key executive
7.3.3.Company snapshot
7.3.4.Product portfolio

7.4.FOXY LOCKS LTD.

7.4.1.Company overview
7.4.2.Key executive
7.4.3.Company snapshot
7.4.4.Product portfolio

7.5.HAIR DEVELOPMENT LIMITED

7.5.1.Company overview
7.5.2.Key executive
7.5.3.Company snapshot
7.5.4.Product portfolio

7.6.KIMWIGS.CO.UK

7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Product portfolio

7.7.LUXY HAIR CO.

7.7.1.Company overview
7.7.2.Key executive
7.7.3.Company snapshot
7.7.4.Product portfolio

7.8.RACOON INTERNATIONAL LTD.

7.8.1.Company overview
7.8.2.Key executive
7.8.3.Company snapshot
7.8.4.Product portfolio

7.9.SALONLABS LLC

7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Product portfolio

7.10.THE REAL HUMAN HAIR COMPANY

7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Product portfolio

LIST OF TABLES

TABLE 01.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET, BY PRODUCT TYPE, 2019-2027 ($MILLION)
TABLE 02.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR HAIR PIECES, 2019–2027 ($MILLION)
TABLE 03.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR WIGS, 2019–2027 ($MILLION)
TABLE 04.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR WIGS, 2019–2027 ($MILLION)
TABLE 05.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 06.ADERANS CO., LTD.: KEY EXECUTIVES
TABLE 07.ADERANS CO., LTD.: COMPANY SNAPSHOT
TABLE 08.ADERANS CO., LTD.: PRODUCT PORTFOLIO
TABLE 09.CINDERELLA HAIR: COMPANY SNAPSHOT
TABLE 10.CINDERELLA HAIR: PRODUCT PORTFOLIO
TABLE 11.DAXBOURNE INTERNATIONAL LTD: KEY EXECUTIVE
TABLE 12.DAXBOURNE INTERNATIONAL LTD: COMPANY SNAPSHOT
TABLE 13.DAXBOURNE INTERNATIONAL LTD: PRODUCT PORTFOLIO
TABLE 14.FOXY LOCKS LTD.: KEY EXECUTIVE
TABLE 15.FOXY LOCKS LTD.: COMPANY SNAPSHOT
TABLE 16.FOXY LOCKS LTD.: PRODUCT PORTFOLIO
TABLE 17.HAIR DEVELOPMENT LIMITED: KEY EXECUTIVE
TABLE 18.HAIR DEVELOPMENT LIMITED: COMPANY SNAPSHOT
TABLE 19.HAIR DEVELOPMENT LIMITED: PRODUCT PORTFOLIO
TABLE 20.KIMWIGS.CO.UK: COMPANY SNAPSHOT
TABLE 21.KIMWIGS.CO.UK: PRODUCT PORTFOLIO
TABLE 22.LUXY HAIR CO.: KEY EXECUTIVE
TABLE 23.LUXY HAIR CO.: COMPANY SNAPSHOT
TABLE 24.LUXY HAIR CO.: PRODUCT PORTFOLIO
TABLE 25.RACOON INTERNATIONAL LTD.: KEY EXECUTIVE
TABLE 26.RACOON INTERNATIONAL LTD.: COMPANY SNAPSHOT
TABLE 27.RACOON INTERNATIONAL LTD.: PRODUCT PORTFOLIO
TABLE 28.SALONLABS LLC: COMPANY SNAPSHOT
TABLE 29.SALONLABS LLC: PRODUCT PORTFOLIO
TABLE 30.THE REAL HUMAN HAIR COMPANY: COMPANY SNAPSHOT
TABLE 31.THE REAL HUMAN HAIR COMPANY: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.UK FEMALE HAIR WIGS, PIECES, & HAIR EXTENSIONS MARKET SNAPSHOT, 2021–2027
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.HIGH THREAT OF SUBSTITUTES
FIGURE 08.MODERATE INTENSITY OF RIVALRY
FIGURE 09.HIGH BARGAINING POWER OF BUYERS
FIGURE 10.MARKET DYNAMICS
FIGURE 11.IMPACT OF COVID-19 ON THE UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET
FIGURE 12.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET, BY PRODUCT TYPE, 2019 (%)
FIGURE 13.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR BANGS & FRINGES, 2019–2027 ($MILLION)
FIGURE 14.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR PONYTAILS, 2019–2027 ($MILLION)
FIGURE 15.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR HAIR BUNS, 2019–2027 ($MILLION)
FIGURE 16.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR HAIR WRAPS, 2019–2027 ($MILLION)
FIGURE 17.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR HEAD BANDS, 2019–2027 ($MILLION)
FIGURE 18.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR OTHERS, 2019–2027 ($MILLION)
FIGURE 19.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR STANDARD & CAPLESS CONSTRUCTION, 2019–2027 ($MILLION)
FIGURE 20.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR HAND TIED, 2019–2027 ($MILLION)
FIGURE 21.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR MONOFILAMENT CONSTRUCTION, 2019–2027 ($MILLION)
FIGURE 22.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR LACE FRONT WIG, 2019–2027 ($MILLION)
FIGURE 23.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR OTHERS, 2019–2027 ($MILLION)
FIGURE 24.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR CLIP-IN HAIR EXTENSION, 2019–2027 ($MILLION)
FIGURE 25.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR TAPE-IN HAIR EXTENSION, 2019–2027 ($MILLION)
FIGURE 26.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR SEW-IN HAIR EXTENSION/WEAVE, 2019–2027 ($MILLION)
FIGURE 27.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR PRE-BONDED HAIR EXTENSION, 2019–2027 ($MILLION)
FIGURE 28.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET, BY MATERIAL, 2019 (%)
FIGURE 29.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR SYNTHETIC HAIR, 2019-2027 ($MILLION)
FIGURE 30.UK FEMALE HAIR PIECE, WIG, & EXTENSION MARKET REVENUE FOR REAL HAIR, 2019-2027 ($MILLION)
FIGURE 31.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 32.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 33.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS

 
 

According to the insights of the top level CXOs, the UK female hair piece, wig, & extension market holds a substantial scope for growth. Healthcare institutions are contributing to help people suffering from the problems associated with hair loss, which is expected to boost the adoption of female hair piece, wig, & extension in the UK. For instance, National Health Service (NHS) in the UK is providing wigs to cancer and alopecia patients. Moreover, rise in affinity of people toward fashion and beautification boosts the market growth rate. However, the pollution caused by the production of synthetic wigs and emergence of novel treatment of hair loss such as Minoxidil and transplants act as the restraints of the market. Conversely, breakthrough production of synthetic hair fibers is expected to drive market demand in future.

 
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FREQUENTLY ASKED QUESTIONS?
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A. The forecast period for UK Female Hair Piece, Wig & Extension Market is 2021-2027.

A. The base year for UK Female Hair Piece, Wig & Extension Market is 2019.

A. Based on the product type, the wig segment held the maximum share in the UK Female Hair Piece, Wig & Extension Market in 2019.

A. The company profile has been selected based on the geographical presence, product offerings and the annual revenue.

A. The UK female hair piece, wig, and extension market size was valued at $612.9 million on 2019.

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