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Big Data Cross-border: 2024 Global Wig Market Insight Report

Total report: 41 pages

The following is a summary of the core content of this document:

"Big Data Cross-border: 2024 Global Wig Market Insight Report" is produced by Big Data Cross-border, which deeply explores the current status of the global wig market, regional and consumer insights, industry prospects and brand cases.

Market Overview:

- Market size overview: The global demand for wig extensions has risen sharply and will usher in a period of rapid growth. The global wig extension market is estimated to be worth US$10.06 billion in 2024 and is expected to grow to US$13.28 billion by 2026; the global wig market size will reach US$3.9152 billion in 2024, with a compound annual growth rate (CAGR) of 7.90% from 2024 to 2031.

- Import and export situation of China's wig market: China's wig industry is mainly export-oriented, and the import volume is far lower than the export volume. In 2019, the domestic demand gap gradually decreased, and the import volume and import value of wig products decreased accordingly; in 2021, the import volume of wigs decreased by 40.6% year-on-year, and the export value increased by 58.6% year-on-year.

- Market Drivers: The main reasons for the increase in global demand for wigs include the rising prevalence of alopecia, fashion and beauty needs, and the increase in the global aging population.