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The hair wigs and extensions market is witnessing a notable trend where brands are organizing both in-person and virtual wig-style seminars. These events serve a dual purpose of educating clients about the various aspects of wig care and styling while fostering a sense of community interaction. By positioning themselves as wig-care experts, brands not only enhance customer satisfaction but also establish a deeper connection with their clientele. These seminars create a platform for sharing tips, trends, and personalized guidance, contributing to a more informed and engaged consumer base.
Augmented reality (AR) mobile apps are transforming the online purchasing experience in the hair wigs and extensions market. These innovative apps allow consumers to virtually try on different wig styles before making a purchase. By leveraging AR technology, customers can visualize how a specific wig or extension will look on them, enhancing their confidence and reducing the uncertainty associated with online shopping.
The offline distribution channel segment held 57.4% of the hair wig and extension market share in 2023 due to the preference of consumers to physically try on and compare products
Some of the major hair wig and extension firms include Klix Hair Extensions, Evergreen Products Group Ltd., and Godrej Consumer Products Ltd.
The human hair type segment reached USD 4.4 billion in 2023, attributing to their ability to render natural look to consumers.
Hair wig and extension industry size was USD 7.10 billion in 2023 and is anticipated to witness over 4.6% CAGR between 2024 and 2032 due to their increasing popularity in the beauty and fashion sector for offering individuals the opportunity to transform their look instantly