Published Date: 2019-06-20 | Pages: Ongoing | Tables: Ongoing | Report ID: 10
Industry: Consumer Goods
Lace front wigs are a distinctive type of wig in which hair are tied to a nearly invisible and thin lace material one by one. They are available in different varieties such as synthetic, 100% human hair, and Remy lace. They are popular for the illusion they create where it appears the wig hair is naturally growing from the scalp. Furthermore, they give the impression of a very natural looking hairline, and since they look the most natural and are of high quality, they could be costlier than wigs that don’t have a lace frontal.
High interest in the fashion industry and the inclusion of celebrities for branding and product launching purposes are expected to profit the global synthetic lace front wigs market. In April 2019, American singer and songwriter, Chaka Khan partnered with Indique Hair, a US-based hair extension brand, to debut a new hair collection with a couple of styles, viz. the iKhanic Straight and the iKhanic Curl. Celebrities today are commonly venturing into the fashion industry to either create or promote a brand. According to market analysts, this could highlight the global synthetic lace front wigs market to a large extent.
This report offers an encyclopedic research study on the competition, dynamics, segmentation, regional growth, and other important aspects of the global synthetic lace front wigs market.
Drivers and Restraints
Synthetic lace front wigs are comfortable to wear, provide versatility with hair parting, and offer a more realistic, natural appearance than full lace wigs. These are some of the advantages anticipated to increase the demand in the global synthetic lace front wigs market. Although lace front wigs are more expensive, the synthetic variety costs lesser than the human hair variant. Moreover, the lower maintenance factor is predicted to improve the demand for synthetic lace front wigs.
The rising incidence of male pattern baldness and hair thinning, especially in the US, is prognosticated to push the demand in the global synthetic lace front wigs market. However, the increasing adoption of other hair restoration and hair loss treatments such as minimally invasive procedures, hair transplants, and medications is foretold to pull back the growth of the global market.
By Type of Lace
● French Lace
● Swiss Lace
By Color of Lace
By Distribution Channel
● Specialty Stores
● Online Channels
According to industry experts, Swiss lace is predicted to show considerable growth in the global synthetic lace front wigs market. It is considered to be more popular among other lace types. As far as lace colors are concerned, the transparent segment is expected to secure a healthy share of the global market. People prefer using a transparent lace to avoid making their wigs obvious. Among distribution channels, specialty stores are foretold to collect a telling share of the global market.
Europe and North America are forecast to show significant growth in the global synthetic lace front wigs market. Development of products with improved capabilities due to the steady rise in technological advancement is foreseen to support the market growth in these regions. Today, people can use curling irons to style synthetic hair as they are made sustainable to heat with the help of the new fiber technology.
On the other hand, Asia Pacific is prophesied to grow at a faster rate in the global synthetic lace front wigs market because of the need of consumers to maintain their public appearance, growing interesting in wigs, and improving disposable income.
The report provides comprehensive company profiling of key players such as Anhui Fortune Fashion Culture Co. Ltd., Henan Ruimei Hair Products Co. Ltd., Xuchang Dadi Industries Co. Ltd., Qingdao Urjoy Wigs Co. Ltd., Yuzhou Shenlong Hair Products Co. Ltd., and Shake-N-Go Fashion, Inc.
QY Research follows a research methodology that begins with preliminary data mining and ends with data validation. It has a very strong in-house repository of market information and data and makes use of trustworthy secondary sources such as whitepapers, technical magazines, scientific journals, SEC filings, annual reports, news reports, trade associations, and government bodies. For primary research, it gathers information from end users, raw material suppliers, distributors, manufacturers, and industry experts. Its market analysis also includes market profiling, data standardization, opportunity assessment, data processing, attractive index analysis, desk research, and competitive intelligence.
Reasons to Buy this Report
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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.
QYR Consulting uses its core strength to identify the trends that will shape the consumer goods industry in the coming decades. The launch of innumerable innovative products has dramatically changed lifestyles and outlook toward living. Relentless sales of a wide range of consumer goods have opened up growth avenues for several other industries such as electronics, clothing, and food and beverages amongst others. The reports listed below study how the changing economy, improving GDP, and rising purchasing power have created a fertile ground for growth of the consumer goods industry.
QYR Consulting deep dives into the changing patterns of the consumer goods industry that is spread over both developing and developed parts of the world. It estimates the market fluctuations and helps its readers to prepare for ever-changing consumer demands. The reports focus on giving the readers a thorough understanding of the competitive strategies of the companies to make meaningful business decisions.
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