Product Code: ETC382769 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Philippines Human Hair Extension market currently, in 2023, has witnessed an HHI of 5946, Which has decreased slightly as compared to the HHI of 7153 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The human hair extension market has seen significant growth over the past few years due to increasing interest among Filipinos wanting to try out different hairstyles or color without damaging their own natural locks. According to data released by 6wresearch, sales of human hair extensions hit 10 million US dollars in 2025 ? representing a 4. 1% increase compared with 2018?s figures - while volume sales increased 11%. Synthetic wigs are still more popular than real ones however; they account for 78% of total category value while real hair only makes up 22%.
The Philippines human hair extension market is driven by fashion trends, beauty ideals, and the desire for aesthetic versatility. Human hair extensions offer the opportunity to change hairstyles quickly and achieve desired looks, attracting consumers who seek to experiment with their appearance. Social media platforms and celebrity influences also play a role in promoting these products. As the market offers various hair types, lengths, and colors, consumers can find extensions that suit their preferences, contributing to market expansion.
Challenges in the Philippines human hair extension market involve issues of authenticity, quality control, and ethical sourcing of human hair. Establishing transparent supply chains and consumer education are essential.
The Philippines Human Hair Extension Market faced challenges during the COVID-19 pandemic, particularly due to the closure of beauty salons and reduced social gatherings. The decreased demand for personal appearance-related services led to a temporary slump in the market. However, as restrictions eased, there was a gradual recovery driven by pent-up demand for hair-related services. The market`s performance remains linked to consumer preferences for beauty treatments and personal grooming.
The Philippines Human Hair Extension market is dominated by several key players, including the likes of Indique Hair, Unihairvn, Hot Beauty Hair, and Xuchang Global Trading Co. These companies are responsible for supplying premium quality extensions to customers all over the country. Additionally, a number of smaller online retailers have also emerged in recent years offering products at competitive prices. Each company contributes to the overall growth of the industry and provides customers with diverse options when it comes to hair extension styles and textures.