Consumer Goods Market Report

21-aug-19 The global hair accessories market size is expected to reach USD 53.6 billion by 2025, according to a new report., expanding at a CAGR of 15.2% over the forecast period. Growing awareness about hair grooming and rising preference for fashionable products that serve the purpose of utility as well as give a trendy look. Influence of fashion media and magazines have fueled the market growth. Increasing popularity and availability of videos, tutorials, and pictures of trendy hairstyles and hair accessories have evolved the fashion tastes among the consumers, which, in turn, is expected to propel the market growth. Furthermore, availability of various hair products such as sequenced and ornamented pins, bands, and clips on e-commerce websites, which are usually not available offline, is expected to drive the demand for the market. Apart from elastics and ties, wigs and extensions are one of the trending accessories, especially among the African descendants, in U.S. and Eur...