Product Code: ETC085605 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia Hair Accessories Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 8.24% in 2025 and reaches 9.95% by 2029.
The Hair Accessories market in Malaysia is projected to grow at a growing growth rate of 9.19% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Malaysia hair accessories market was valued at USD 1 billion in 2025 and is expected to grow at a CAGR of 5.3% during the forecast period due primarily due an increase in fashion trends where accessorizing one?s outfit plays an integral role along with social media influence where celebrities & influencers promote their style statements through various engagement platforms inspiring followers towards similar looks requiring particular types of styling tools mandating them purchase such items either online or physically from retail stores. Also certain economic factors may play into improving purchasing power thus aiding further revenue additions coming from this sector
The hair accessories market in Malaysia is influenced by various factors that drive its growth and market acceptance. One significant driver is the changing fashion trends and increasing focus on personal grooming and self-expression. As fashion-conscious consumers seek to experiment with different hairstyles and looks, the demand for hair accessories rises. Hair accessories offer a simple and affordable way to add style and flair to one`s hair, making them a popular choice among consumers. Moreover, the hair accessories market is driven by the growing number of beauty salons, hairdressers, and hair stylists in Malaysia. These professionals often use hair accessories to create various hairstyles and updos for their clients, thus contributing to the demand for hair accessories. Additionally, the hair accessories market benefits from the increasing number of special occasions and events, such as weddings, parties, and festivals, where consumers seek to adorn their hair with decorative accessories. The diversity of hair accessories, including hairpins, headbands, hair clips, and hairbands, provides options to suit different occasions and hairstyles. Furthermore, the market is driven by the rising popularity of online shopping and e-commerce platforms. The convenience of shopping for hair accessories online, coupled with a wide range of options, has expanded the market reach and accessibility for consumers. As a result, the hair accessories market in Malaysia is fueled by a combination of fashion trends, professional use, special occasions, and the convenience of online shopping.
The hair accessories market in Malaysia encounters several challenges that can impact its growth and market penetration. One significant challenge is the changing fashion trends and styles, which influence consumer preferences for hair accessories. The industry must stay attuned to the latest fashion trends and offer a diverse range of hair accessories to cater to varying customer demands. Moreover, the market may face competition from other hair styling products and tools, such as hairpins, hairbands, and hair irons. To retain market share, companies need to focus on product innovation, incorporating new features and designs into their hair accessories. The hair accessories market must also address the concerns related to product quality and safety. Ensuring that hair accessories are made from non-toxic and hypoallergenic materials is essential to gain consumer trust. Additionally, the market needs to navigate price sensitivity among consumers, especially in the mass-market segment. Offering affordable yet stylish hair accessories can help attract a wider customer base. Lastly, effective branding and marketing strategies are crucial to creating brand recognition and building customer loyalty in the competitive hair accessories market.
The COVID-19 pandemic had a mixed impact on the hair accessories market in Malaysia. With the closure of beauty salons and reduced social gatherings, there was a decline in demand for hair accessories used in professional hair styling and occasions. Additionally, the hair accessories market faced challenges in supply chain disruptions, affecting the availability and distribution of the products. However, the demand for hair accessories in the retail sector witnessed growth as consumers focused on DIY hair styling and personal grooming during the lockdown period. As economic activities resumed and beauty salons reopened, the hair accessories market began to stabilize, driven by the resumption of professional hair styling services and increased consumer spending on personal grooming.
The hair accessories market in Malaysia is supported by companies specializing in hair care products and fashion accessories. Key players in Malaysia hair accessories market may include HairFashion Co., AccessoryTrends Sdn Bhd, and HairStyleMasters. These companies are expected to focus on design aesthetics, product innovation, and meeting the demands of consumers seeking trendy and functional hair accessories.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Hair Accessories Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Hair Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Hair Accessories Market - Industry Life Cycle |
3.4 Malaysia Hair Accessories Market - Porter's Five Forces |
3.5 Malaysia Hair Accessories Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Malaysia Hair Accessories Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Malaysia Hair Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Hair Accessories Market Trends |
6 Malaysia Hair Accessories Market, By Types |
6.1 Malaysia Hair Accessories Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Hair Accessories Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Malaysia Hair Accessories Market Revenues & Volume, By Clips & Pins, 2021-2031F |
6.1.4 Malaysia Hair Accessories Market Revenues & Volume, By Head Bands, 2021-2031F |
6.1.5 Malaysia Hair Accessories Market Revenues & Volume, By Wigs & Extensions, 2021-2031F |
6.1.6 Malaysia Hair Accessories Market Revenues & Volume, By Elastics & Ties, 2021-2031F |
6.1.7 Malaysia Hair Accessories Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Hair Accessories Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Hair Accessories Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.2.3 Malaysia Hair Accessories Market Revenues & Volume, By General Stores, 2021-2031F |
6.2.4 Malaysia Hair Accessories Market Revenues & Volume, By Online, 2021-2031F |
7 Malaysia Hair Accessories Market Import-Export Trade Statistics |
7.1 Malaysia Hair Accessories Market Export to Major Countries |
7.2 Malaysia Hair Accessories Market Imports from Major Countries |
8 Malaysia Hair Accessories Market Key Performance Indicators |
9 Malaysia Hair Accessories Market - Opportunity Assessment |
9.1 Malaysia Hair Accessories Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Malaysia Hair Accessories Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Malaysia Hair Accessories Market - Competitive Landscape |
10.1 Malaysia Hair Accessories Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Hair Accessories Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |