Wig & Hairpiece Stores in the US - Industry Market Research Report

Wig & Hairpiece Stores in the US - Industry Market Research Report

  • May 2020 •
  • 32 pages •
  • Report ID: 5931522 •
  • Format: PDF
Nice hair: Improving disposable income will boost demand for industry products

Abstract

Wig & Hairpiece Stores
The Wig and Hairpiece Stores industry represents a niche product retailer within the hair-care sector. As the economy has improved over the five years to 2019, rising disposable income has encouraged consumers to invest in discretionary products, which in turn boosted demand for aesthetic wigs and hairpieces. Furthermore, the improving economy has led profit margins to increase over the past five years. Moreover, the aging population has bolstered the industry’s market. As a result of these trends, industry revenue is expected to increase during the current period. Over the five years to 2024, industry revenue is projected to continue growing as a result of improving per capita disposable income and increasing demand for medical-use hairpieces.

This industry includes stores that primarily specialize in selling wigs, hairpieces and hair extensions for aesthetic and medical purposes. This industry does not include retailers that primarily provide wigs and hairpieces via electronic mediums.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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