India Hair Accessories Market (2023-2029) | Size, Trends, Growth, Analysis, Industry, Value, Revenue, Share, Segmentation, Outlook & COVID-19 IMPACT

Topics Covered in the India Hair Accessories Market

India Hair Accessories Market report thoroughly covers the market by product type and by distribution channel. The Hair Accessories Market Outlook report provides an unbiased and detailed analysis of the ongoing Hair Accessories Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Hair Accessories Market Synopsis

India Hair Accessories Market is predicted to witness steady growth over the forecast period. The growth is primarily attributed to increasing consumer demand for stylish hair accessories, further propelled by growing fashion awareness and rising disposable incomes of the middle-class population. Basically, hair accessories are used to uplift the appearance of hair.

According to 6Wresearch, the India Hair Accessories Market is projected to grow at a higher growth rate during 2023-2029. The market is driven by several factors such as the country’s large young population, which is a key demographic for hair accessory sales. In addition, India has a growing economy and a growing middle class, which has increased the demand for hair accessories in India. However, there is a lack of awareness about hair accessories due to the low penetration of organized retail in the country. Also, limited product availability, the availability of low-quality products, and the distribution channel for hair accessories in India are highly fragmented with many players, which in turn, hamper the India Hair Accessories Market growth.

COVID-19 Impact on the India Hair Accessories Market

The COVID-19 pandemic has had an adverse impact on the India Hair Accessories Industry due to the imposed lockdowns and restrictions on movement. This results in a decrease in demand for hair accessories. However, with the trend of remote work and virtual meetings & online events, the demand for hair accessories such as hairbrushes, hairbands, and hairpins increased.

Key Players in the India Hair Accessories Market

The India Hair Accessories Market is highly fragmented with several small and large players. Some of the leading players in the market are as follows;

• Vega Industries Pvt. Ltd.
• Ineffable Hair
• The Body Shop India
• Forever 21 India
• Claire's India
• Accessorize India
• H&M India
• P&G India

Market Analysis by Product Type

According to Dhaval, Research Manager, 6Wresearch, the Clips & Pins segment is projected to grow over the years due to the increasing demand for different styles of hair accessories among the youth. Moreover, the Head Bands segment is also likely to witness growth due to their high demand for sports activities.

Market Analysis by Distribution Channel

By distribution channel, the online segment is set to dominate the India Hair Accessories Market share due to the increasing use of smartphones and e-commerce platforms. Additionally, the convenience of online shopping is also driving the growth of the online segment. However, the Supermarkets & Hypermarkets segment currently holds the largest market share due to the convenience of trying out the products personally.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Hair Accessories Market Outlook
• Market Size of India Hair Accessories Market, 2022
• Forecast of India Hair Accessories Market, 2029
• Historical Data and Forecast of India Hair Accessories Revenues & Volume for the Period 2019 - 2029
• India Hair Accessories Market Trend Evolution
• India Hair Accessories Market Drivers and Challenges
• India Hair Accessories Price Trends
• India Hair Accessories Porter's Five Forces
• India Hair Accessories Industry Life Cycle
• Historical Data and Forecast of India Hair Accessories Market Revenues & Volume By Product Type for the Period 2019 - 2029
• Historical Data and Forecast of India Hair Accessories Market Revenues & Volume By Clips & Pins for the Period 2019 - 2029
• Historical Data and Forecast of India Hair Accessories Market Revenues & Volume By Head Bands for the Period 2019 - 2029
• Historical Data and Forecast of India Hair Accessories Market Revenues & Volume By Wigs & Extensions for the Period 2019 - 2029
• Historical Data and Forecast of India Hair Accessories Market Revenues & Volume By Elastics & Ties for the Period 2019 - 2029
• Historical Data and Forecast of India Hair Accessories Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of India Hair Accessories Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of India Hair Accessories Market Revenues & Volume By Supermarkets & Hypermarkets for the Period 2019 - 2029
• Historical Data and Forecast of India Hair Accessories Market Revenues & Volume By General Stores for the Period 2019 - 2029
• Historical Data and Forecast of India Hair Accessories Market Revenues & Volume By Online for the Period 2019 - 2029
• India Hair Accessories Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Distribution Channel
• India Hair Accessories Top Companies Market Share
• India Hair Accessories Competitive Benchmarking By Technical and Operational Parameters
• India Hair Accessories Company Profiles
• India Hair Accessories Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Type

• Clips & Pins
• Head Bands
• Wigs & Extensions
• Elastics & Ties
• Others

By Distribution Channel

• Supermarkets & Hypermarkets
• General Stores
• Online