India Hair Wig & Extension Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020-23
Forecast Years: 2025-30
The India Hair Wig & Extension Market size was valued at around USD 198 million in 2024 and is projected to reach USD 252 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.19% during the forecast period, i.e., 2025-30. The market benefits largely from the steady supply of human hair sourced from South Indian Temples. For instance, the Tirumala Tirupati Devasthanam (TTD) auctions over 21.1 tons of hair in a single auction, which generates a revenue of more than USD 5.8 million. Similarly, the Male Mahadeshwara (MM) Hills temple earned approximately USD 180,000 by auctioning 4.6 tons of short hair and 951 kg of long hair in just nine months from November 2020 to August 2021. This auction was done through manual & e-tenders by the Male Mahadeshwara Kshetra Development Authority. Devotees donate hair following various rituals in these temples, which provide these temples with ample amounts of Remy hair, which is ideal for making high-quality wigs and extensions. This creates a substantial amount of raw materials for the Indian market. Various companies are leveraging this ethically sourced hair to meet the rising global & domestic market demand by ensuring good product quality.
Markntel Advisor’s India Hair Wig & Extension Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, India Hair Wig & Extension Market drivers, barriers, India Hair Wig & Extension Market Trends, and Key Players in India Hair Wig & Extension Market.
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India Hair Wig & Extension Market Dynamics: 2025-2030
India Hair Wig & Extension Market Driver
Increasing Prevalence of Hair Loss Driving Demand – The ubiquity of hair loss in Indians is far-reaching to fuel the market demand. This is because of many reasons such as stress, pollution, hormonal imbalances, aging & lifestyle changes. As per ALCS-India 2024 reports, 60% of Indian men aged above 30 years have extreme hair thinning, leading to hair loss. Also, nearly 17% of Indian women between the ages of 20-40 experience hair loss as a result of hormonal problems accompanied by stress & nutrition deficiencies. This emphasizes the need for non-surgical hair restoration treatments, which open up tremendous demand for the industry.
Companies are diversifying their product line in India in response to the increasing consumer demand because of hair loss. For instance, Alchemane Hair Extensions in 2022 saw a 300% increase in demand for human hair wigs in the past couple of years, reflecting wider acceptance across all segments. In the same way, companies like Hair Originals, Gyanti Human Hair Enterprises, and others are meeting this growing demand by offering quality hair solutions following one’s requirements. Thus, while the prevalence of baldness is on the rise, the market demand in India will be on the rise as well, providing an encouraging avenue for market growth.
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India Hair Wig & Extension Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Cap
- Monofilament- Market Size & Forecast 2020-2030, USD Million
- Lace- Market Size & Forecast 2020-2030, USD Million
- By Fitting
- Clip-in- Market Size & Forecast 2020-2030, USD Million
- Micro Link- Market Size & Forecast 2020-2030, USD Million
- Tape-in- Market Size & Forecast 2020-2030, USD Million
- Glue-in- Market Size & Forecast 2020-2030, USD Million
- By Hair Type
- Synthetic Hair- Market Size & Forecast 2020-2030, USD Million
- Human Hair- Market Size & Forecast 2020-2030, USD Million
- By Gender
- Men – Market Size & Forecast 2020-2030, USD Million
- Women – Market Size & Forecast 2020-2030, USD Million
- By Product
- Extensions- Market Size & Forecast 2020-2030, USD Million
- Wigs- Market Size & Forecast 2020-2030, USD Million
- Toupees- Market Size & Forecast 2020-2030, USD Million
- By Distribution Channel
- Online- Market Size & Forecast 2020-2030, USD Million
- Offline- Market Size & Forecast 2020-2030, USD Million
- By End User
- Individual Consumers- Market Size & Forecast 2020-2030, USD Million
- Entertainment Industry- Market Size & Forecast 2020-2030, USD Million
- Fashion Industry- Market Size & Forecast 2020-2030, USD Million
- By Region
- North India
- South India
- East India
- West India
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the India Hair Wig & Extension Market:
- Godrej Consumer Products Ltd.
- Evergreen Products Group Ltd.
- Artnature Inc.
- Aderans Co., Ltd.
- Dona Bela Shreds
- Indique Hair
- Shake-N-Go Inc.
- Nish Hair
- Gyanti Human Hair Enterprises
- 1 Hair Stop
- Gesmeria Hair
- HairOriginals
- Alchemane Hair Extensions
- Others
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