Leading Hair Accessories Product Markets Databank
The Hair Accessories market was valued at $17,300.0 Million in 2020, and is projected to reach $27,994.0 Million by 2029 growing at a CAGR of 5.54% from 2021 to 2029. Elastics & Ties segment is expected to be the highest contributor to this market, with $5,686.3 Million in 2020, and is anticipated to reach $9,278.9 Million by 2029, registering a CAGR of 5.64%. Headbands segment is anticipated to reach $2,945.7 Million by 2029 with the highest CAGR of 5.85%. Elastics & Ties and Clips & Pins segments collectively expected to account for about 53.9% share of the Hair Accessories market in 2020, with the former constituting around 32.9% share. Headbands and Wigs & extensions segments are expected to witness significant growth rates at a CAGR of 5.85% and 5.64% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 30.1% in the overall Hair Accessories market in 2020, and is anticipated to reach 30.5% by 2029.
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