Global Wigs Industry
New Study On "Wigs Market 2019 Global Technology, Development, Trends and Forecasts to 2025" Added to Wise Guy Reports Database
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Wigs and weaves refer to head covering made from animal hair, human hair, or synthetic fiber. It is also known as Periwig. Some people wear wigs to disguise baldness, whereas a wig can also be used as a less expensive and a less intrusive alternative to medical hair treatments. Sometimes wigs are worn for cultural and religious reasons also. While wigs have an elaborate use in the past and can be distinguished from each other based on centuries they were famous in, the wigs and weaves market is currently witnessing excessive demand from the entertainment industry. Various celebrities are known to don wigs of different sizes, shapes, and colors, to enhance their outfit and overall look.
The global wigs market is expected to flourish at a remarkable pace during the forecast period, as per the latest report . The global wigs market is highly driven by the growing interests of hair care products among men and women. Rapid urbanization and changing lifestyle in rising economies such as India and China will boost sales in the global wigs market. The market research report has provided a detailed segmental and market analysis.
Moreover, rising number of middle-class populace emerging as the next-generation customers for wigs and hair extensions is expected to set the market on an impressive growth trajectory. Causative factors include growing disposable income, rising awareness towards appearance, and greatly influential celebrities using wigs with their outfits. The wigs market is witnessing major demand from the urban population owing to better access to advanced amenities and superior infrastructure facilities.
Several distinguished wig designers and vendors are covered in the report including Amigo, China Best Wigs, B-Trust, Diana, Eclace Wigs, Tsingtao Hair, Double Leaf, YunXiang, Hair Graces, Wigsroyal, Mike & Mary, Simion, Hengyuan, Henry Margu, Hairline Illusions, Motown Tress, Vivica, Ruimei, and Wig America.
Detailed Regional Analysis
The global wigs market is segmented into the regions of North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. North America is expected to lead the wigs market, retaining market dominance. Within North America, the US is expected to spearhead the country-specific market for wigs and hair extensions.
The global wigs market is segmented on the basis of region, type, and application. Based on type, the segments of the wigs market, as studied in the report include made from human hair and made from synthetic materials. While the human hair segment is currently boasting a dominant hold on the wigs market, the synthetic materials segment is expected to overtake and exhibit remarkable growth. This can be attributed to a more realistic and clean look facilitated by synthetic products used to make wigs.
Based on application, the market segments include men and women. Women segment is expected to witness significant growth in the wigs market over the forecast period, owing to the growing popularity of wigs in celebrities, upscaling number of social media influencers who also alter their appearance using wigs, and rising prevalence of baldness in women.
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