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by Stef Calimlim (Content Editor)
Image from GettyOwing to the growing preference of consumers for fashionable items that meet function and style, hair accessories are taking over the fashion world and becoming one of the biggest styling trends this 2022.
The demand for hair accessories is ever-increasing in the market as people are now paying more attention to hair care and styling routines and suppliers are releasing a variety of premium and affordable selections. Hair clips, in particular, are making a comeback and is being dubbed as the ultimate fashion accessory from streets to runways.
Millennials and Gen Z are consumer groups buyers should watch out for as they as they are keen on trying out the look of their favorite celebrities, driving the demand for hair clips. Meanwhile, in terms of distribution channel, the general stores segment had the highest revenue share in 2020. Hypermarkets, supermarkets and online shops are also contributing to the market’s growth.
According to Research and Markets, the global hair accessories market is projected to reach $31.6 million by 2028 at a CAGR of 7.7 percent from 2021 to 2028. Furthermore, the report added that the Asia-Pacific region has dominated the market, contributing the highest sales revenue in 2020. Specifically, India, Indonesia and China are contributing to the global market growth as more women from these regions are now being employed in the fashion industry and corporate sector. However, the growth has been affected by the COVID-19 outbreak, especially as lockdowns and border closures have been hampering the supply of raw materials. To counter this challenge, gig-name companies have entered into partnerships, employing strategies to keep their business up and running despite the on-going health crisis.
The products in the gallery below have been selected by our Market Analyst for representing trends in top-rated trendy hair clips in today’s market.






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