Hair Extension Market Analysis by Competitive Situation and Trends to 2022

 sagar balaji
  8th-Feb-2018
 223

The market for hair extension industry is expected to grow due to rising concerns about self-image and being socially accepted. Bald headed people are nowadays spending a great amount of money on hospitals for hair transplantation and an alternate solution is hair extension. For women hair is a vital part of their self-image. Women find themselves spending hours of their time trying to hide hair loss issues. In this regard human hair industry offers solutions through extensions and wigs.

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The global market is increasing at high rates and hair has been donated and the demand for hair extension is prompting suppliers to source more human hair than before. Since there is no standards in monitoring the procurement hair can be taken against people's will Celebrity culture is propelling the market for hair extension. They are increasing the popularity of using real hair to supplement their own. Celebrity culture has made extensions more popular and there is increased demand for the same.

Extensions have become so good that it becomes difficult to differentiate them from real hair which is also propelling the demand for the hair extension industry. It is easily accessible to everybody and there is some hair extension suitable for everyone. New techniques such as strand application have made extensions last longer and look better. With this application a protein which is naturally found in hair is fused to the existing hair. The extension hence looks and feels like natural hair and stays in place for months without drying. With packages of hair being sourced from Asia at much cheaper rates the extensions are now available at low rates as compared to the pricier hair processed in Europe.

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