The hair accessories market was valued at USD 19.1 billion in 2021 and is expected to expand at a CAGR of 7.8% over the forecast period from 2022 to 2030. The rising demand for accessories to enhance the physical appearance among consumers is driving market growth. Wigs and extensions are among other trending hair accessories, especially among people of African descent in the U.S. and Europe, as well as native Africans.
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