Hair Wigs and Extensions Market Size

Hair Wigs and Extensions Market size was over USD 7.27 billion in 2024 and is poised to exceed USD 20.25 billion by 2037, growing at over 8.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of hair wigs and extensions is evaluated at USD 7.75 billion.

These days, wigs play a significant role in boosting self-esteem and improving appearance, allowing for amazing changes. A wave of wig-related material has been sparked by the rise of social media platforms like Instagram and TikTok, where famous hairstylists are sharing their styling secrets. As per the data quoted in “Social Media Use and Mental Health: A Global Analysis’ by National Library of Medicine; Facebook reported 2.5 billion monthly active users as of December 2019, Twitter reported 330 million monthly active users as of January 2020, while Instagram reported over 1 billion monthly active users globally as of January 2020.