False Hair Products Market Analysis Report 2023 to 2030
False Hair Products Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 8.48 Billion |
Market Size by 2030 | US$ 12.12 Billion |
Global CAGR (2022 - 2030) | 4.6% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
COVID-19 Pandemic Impact:
The COVID-19 pandemic initially hindered the global false hair products market due to the shutdown of manufacturing units, shortage of labor, disruption of supply chains, and financial instability. The disruption of various industries due to the economic slowdown caused by the COVID-19 outbreak restrained the false hair products supply. Various false hair products stores were closed. However, businesses are gaining ground as previously imposed limitations have been eased across various countries. Moreover, the introduction of COVID-19 vaccines by governments of different countries eased the situation, leading to a rise in business activities worldwide. Several markets, including the false hair products market, reported growth after the ease of lockdowns and movement restrictions.
Competitive Landscape and Key Companies:
Evergreen Products Group Ltd, Hairuwear Inc, Henan Ruimei Products Co Ltd, Artnature Co Ltd, Shake-N-Go Inc, Papillon Hair World, Locks & Bonds, Klix Hair Inc, Easihair Pro, and Balmain Hair Group BV are among the prominent players operating in the global false hair products market.