Summary

The growing incidence of hair-related problems, such as alopecia, hair thinning, and loss of volume, is contributing to market growth. Hair wigs and hair extensions are artificial hair additions used by men and women to attain a certain hairstyle or to cover up balding or bald patches caused by alopecia or hair loss. Hair is a highly important factor for women and men, helping them elevate their personalities and build confidence. In Spain, hair wigs have recently become more fashionable among women, which have led to a major change accompanied by a rise in per-capita spending on fashion accessories. In the Spanish market, short-haired women frequently use wigs to give the impression that they are longer.

According to the research report "Spain Hair Extension and Wigs Market Overview, 2028," published by Bonafide Research, the Spain hair extension and wigs market is expected to add USD 131.5706 Million by 2028. In Spain, people used the Hair extensions and wigs are hairpieces that are used to enhance or change the appearance of one's hair. They can be made of synthetic or natural hair and come in various styles, lengths, and colours. Hair extensions and wigs are often used to add volume, length, or thickness to one's natural hair or to create a different hairstyle without undergoing a permanent haircut or colour change. In the Spanish market, the wigs are more popular than the extensions; most people prefer the wigs. For a variety of purposes throughout history, including as a fashion statement, to conceal baldness, and to denote social status or profession, wigs have been worn in many different cultures. Throughout the early ages, wigs were very fashionable in Spain, especially among the higher classes. Wigs were frequently worn by women at the time since they were considered a sign of refinement and grace. In the future, the hair extensions will grow with the highest CAGR. Many factors have caused the enormous demand for hair extensions due to its popularity in the retail business, including rising human expenditure on grooming items, rising spending on lifestyle products, and rising disposable income in the country.

People in Spain prefer human hair wigs over synthetic wigs because human hair wigs give a more natural look and feel. With the proper care, they are also more durable, and human hair wigs can last more than one year. They are remarkably soft, with a shine and movement that are not easily duplicated in synthetic hair. That’s why people in Spain use more that is made from human hair. In Spain, wigs are more commonly used in the fashion and entertainment industries. Wigs can shield a person's natural hair from harm brought on by regular styling, colouringr, and heat exposure. This is crucial for the entertainment and fashion industries, as actors and models could frequently change their hairstyles and looks. Throughout history, wigs have been used as a fashion statement and are frequently connected to glitz, wealth, and refinement. They are consequently a well-liked option for fashion shoots, runway shows, and other occasions where style and aesthetics are of utmost importance.

Spain is home to several fashion and beauty events that showcase the latest trends and products in the industry. Some of these events may feature hair extensions and wigs as part of their displays, runway shows, or product showcases. Salon Look Madrid is an annual trade fair for beauty professionals held in Madrid. The event features exhibitors from different sectors of the beauty industry, including hairdressing, aesthetics, and makeup, nails, and hair extensions. Attendees can explore the latest trends, products, and techniques in the hair extension and wig industry. Belleza y Salud Madrid is another annual trade fair for beauty professionals held in Madrid. The event showcases the latest products, services, and trends in the beauty industry, including hair extensions and wigs. The event also features seminars and workshops on topics such as hair styling and extension application techniques. The Feria de la Peluquera y la Belleza is an annual hair and beauty fair held in Valencia. The event features exhibitors from different sectors of the beauty industry, including hair extensions and wigs. Attendees can learn about the latest trends, products, and techniques in the hair extension and wig industries, as well as attend workshops and seminars.

In Spain, there are several opportunities and challenges for the hair extension and wigs market. The COVID-19 pandemic has had a significant impact on the economy in Spain, which may affect consumer spending on non-essential items such as hair extensions and wigs. The hair extension and wig market in Spain is competitive, with many companies vying for market share. To stand out, companies must offer high-quality products at competitive prices. Poor-quality products can damage the reputation of the hair extension and wig industry. Companies must ensure that their products meet high standards to maintain consumer trust in Spain. There are several opportunities in the hair extension and wigs market, like the, The fashion industry in Spain is constantly evolving, creating new opportunities for hair extensions and wigs to be used as a way to create unique and fashionable looks. The development of new technologies and materials can help improve the quality and durability of hair extensions and wigs, making them more appealing to consumers.

Based on the report, the hair extension and wigs market by distribution channel is online and offline. Hair and beauty salons, online marketplaces like Amazon, eBay, and AliExpress, and specialty stores are popular platforms for purchasing hair extensions and wigs in Spain. Some of the local manufacturers in Spain that manufacture the hair extensions and wigs are Natural Hair, Balmain Hair, formerly Cabello Natural, is a Spanish company that offers a variety of hair extensions and wigs, including clip-in extensions, tape-in extensions, and ponytail extensions. The company also offers styling services and accessories to complement their products.

Considered in this report

• Geography: Spain
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report

• Spain Hair Extension & wigs market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:

• Extension
• Wigs

By Hair Type:

• Human Hair
• Synthetic

By End Users:

• Individual Consumer
• Entertainment & Fashion Industry

By Gender:

• Men
• Women

By Distribution Chanel:

• Offline
• Online

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the guitar industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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Table of Contents

Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Spain Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. Spain Hair Extension & Wigs Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Product Type
6.3. Market Size and Forecast By Hair Type
6.4. Market Size and Forecast By End-User
6.5. Market Size and Forecast By Gender
7. Spain Hair Extension & Wigs Market Segmentations
7.1. Spain Hair Extension & Wigs Market, By Product Type
7.1.1. Spain Hair Extension & Wigs Market Size, By Extension, 2017-2028
7.1.2. Spain Hair Extension & Wigs Market Size, By Wigs, 2017-2028
7.1.3. Spain Hair Extension & Wigs Market Size, By Toupee, 2017-2028
7.2. Spain Hair Extension & Wigs Market, By Hair Type
7.2.1. Spain Hair Extension & Wigs Market Size, By Human Hair, 2017-2028
7.2.2. Spain Hair Extension & Wigs Market Size, By Synthetic, 2017-2028
7.3. Spain Hair Extension & Wigs Market, By End-User
7.3.1. Spain Hair Extension & Wigs Market Size, By Individual Consumers, 2017-2028
7.3.2. Spain Hair Extension & Wigs Market Size, By Entertainment & Fashion Industry, 2017-2028
7.4. Spain Hair Extension & Wigs Market, By Gender
7.4.1. Spain Hair Extension & Wigs Market Size, By Men, 2017-2028
7.4.2. Spain Hair Extension & Wigs Market Size, By Women, 2017-2028
8. Spain Hair Extension & Wigs Market Opportunity Assessment
8.1. By Product Type, 2023 to 2028
8.2. By Hair Type, 2023 to 2028
8.3. By End-User, 2023 to 2028
8.4. By Gender, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures
Figure 1: Spain Hair Extension & Wigs Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 2: Market Attractiveness Index, By Product Type
Figure 3: Market Attractiveness Index, By Hair Type
Figure 4: Market Attractiveness Index, By End-User
Figure 5: Market Attractiveness Index, By Gender
Figure 6: Porter's Five Forces of Spain Hair Extension & Wigs Market

List of Table
Table 1 : Influencing Factors for Global Hair Extension & Wigs Market, 2022
Table 2: Spain Hair Extension & Wigs Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 3: Spain Hair Extension & Wigs Market Size and Forecast By Hair Type (2017, 2022 & 2028F)
Table 4: Spain Hair Extension & Wigs Market Size and Forecast By End-User (2017, 2022 & 2028F)
Table 5: Spain Hair Extension & Wigs Market Size and Forecast By Gender (2017, 2022 & 2028F)
Table 6: Spain Hair Extension & Wigs Market Size of Extension (2017 to 2028) in USD Billion
Table 7: Spain Hair Extension & Wigs Market Size of Wigs (2017 to 2028) in USD Billion
Table 8: Spain Hair Extension & Wigs Market Size of Toupee (2017 to 2028) in USD Billion
Table 9: Spain Hair Extension & Wigs Market Size of Human Hair (2017 to 2028) in USD Billion
Table 10: Spain Hair Extension & Wigs Market Size of Synthetic (2017 to 2028) in USD Billion
Table 11: Spain Hair Extension & Wigs Market Size of Individual Consumers (2017 to 2028) in USD Billion
Table 12: Spain Hair Extension & Wigs Market Size of Entertainment & Fashion Industry (2017 to 2028) in USD Billion
Table 13: Spain Hair Extension & Wigs Market Size of Men (2017 to 2028) in USD Billion
Table 14: Spain Hair Extension & Wigs Market Size of Women (2017 to 2028) in USD Billion