Product ID: SQMIG30L2084
Report ID:
SQMIG30L2084 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
64 |
Figures:
79
Asia Pacific dominated the global hair accessory market. Demand has been fuelled by the growing number of working women, particularly in the corporate sector and fashion business, in developing nations throughout the region like India, Indonesia, and China. According to BRINK News, there were 49.8% of working women in Asia, with a high proportion of these women living in East Asia (63.3%). Wigs serve as simpler alternatives to hair transplant operations, and the region's abundant supply is anticipated to increase product demand throughout the course of the projection period. According to a World’s Top Exports article in June 2021, Hong Kong, India, and Myanmar were responsible for more than 70% of the total global wigs’ exports.
Europe market is projected to have the fastest growth rate. The demand for clips, pins, elastics, and ties to complete ensembles has risen as a result of changing fashion trends and customer style preferences. Over the projected period, their demand is anticipated to be driven by the significant demand from school-going girls for ties and elastics. Also, the availability of a wide range of goods in terms of colour, size, shape, pattern, price, and fabric is probably going to present the market in the area with a number of opportunities. Lindex and France Luxe are a couple of the region's well-known trademarks.
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Product ID: SQMIG30L2084