Artificial Intelligence
[Latest] Global Hair Extensions Market Size/Share Worth USD 5.89 Billion by 2030 at a 6.3% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
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Austin, TX, USA, April 20, 2023 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Hair Extensions Market Size, Trends and Insights By Type (Synthetic Hair Extension, Human Hair Extension, Animal Hair Extension), By End Use (Professional, Personal), By Fitting Type (Clip-In, Micro Link, Tape-In, Glue-In), By Distribution Channel (Retail Stores, Super Markets, E-Commerce), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2030” in its research database.
“According to the latest research study, the demand for global Hair Extensions Market Size & share was valued at approximately USD 2.9 Billion in 2022 and is expected to reach USD 3.40 Billion in 2023 and expected to reach a value of around USD 5.89 Billion by 2030, at a compound annual growth rate (CAGR) of about 6.3% during the forecast period 2022 to 2030.”
Mergers and Acquisitions
The hair extensions market is a highly competitive and fragmented market, with a large number of small and medium-sized companies operating globally. Mergers and acquisitions can be a key strategy for companies in this industry to expand their market share, increase their product portfolio, and gain access to new distribution channels.
In recent years, there have been several notable mergers and acquisitions in the hair extensions market. For example, in 2019, L’Oreal acquired the German professional hair extensions brand, Great Lengths. In the same year, Bellami Hair, a leading hair extensions brand, was acquired by the private equity firm, ACON Investments.
Overall, M&A activity in the hair extensions market is expected to continue as companies look to consolidate their positions and gain a competitive advantage in this growing industry.
Click Here to Access a Free Sample Report of the Global Hair Extensions Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=23142
Significant Facts:
n 2021, the North American hair extensions market held a substantial share of the overall hair extensions market, and it is anticipated to exhibit significant growth at a CAGR during the forecast period. The growth in this region is attributed to the high usage and adoption of hair extensions among people of all age groups, as they are considered both functional and decorative hair accessories. The United States is the world’s largest importer of hair products, with a significant share of global imports of wigs, fake beards, and similar goods estimated at 53.6% in 2020, according to the Observatory of Economic Complexity (OEC).
The increasing demand for hair styling products, including hair extensions, can be attributed to the growing demand for hair products in urban areas. The rising popularity of hair extensions among people is a direct result of this trend. Furthermore, peer pressure is also an important factor that is contributing to the growth of the hair extensions market, especially among women from affluent backgrounds. These women are often under pressure to conform and be accepted by their peers, and as a result, they tend to compete with each other in terms of physical appearance and fashion, leading to a higher demand for hair extensions and other beauty products.
Request a Customized Copy of the Hair Extensions Market Report @ https://www.custommarketinsights.com/report/hair-extensions-market/
The hair extensions market is witnessing various opportunities due to the increasing use of high-end grooming products by consumers. To match their appearance with temporary trends, consumers are using more fashionable and premium grooming products. This trend presents an opportunity for businesses to create cutting-edge hair extensions and other related products. Additionally, the growing demand for multi-colored hair extensions among celebrities and artists is expected to create market expansion opportunities for new artificial hair integrations.
(A free sample of the Hair Extensions report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Hair Extensions report has been modified to include the COVID-19 impact study prior to delivery.)
Request a Customized Copy of the Hair Extensions Market Report @ https://www.custommarketinsights.com/request-for-customization/?reportid=23142
Report Scope
| Feature of the Report | Details |
| Market Size in 2023 | USD 3.40 Billion |
| Projected Market Size in 2030 | USD 5.89 Billion |
| Market Size in 2024 | USD 3.75 Billion |
| CAGR Growth Rate | 6.3% CAGR |
| Base Year | 2021 |
| Forecast Period | 2023-2030 |
| Key Segment | By Type (Synthetic Hair Extension, Human Hair Extension, Animal Hair Extension), By End Use (Professional, Personal), By Fitting Type (Clip-In, Micro Link, Tape-In, Glue-In), By Distribution Channel (Retail Stores, Super Markets, E-Commerce), and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Key questions answered in this report:
- What is the size of the Hair Extensions market and what is its expected growth rate?
- What are the primary driving factors that push the Hair Extensions market forward?
- What are the Hair Extensions Industry’s top companies?
- What are the different categories that the Hair Extensions Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Hair Extensions market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Directly Purchase a copy of the report [220+ Pages] @ https://www.custommarketinsights.com/report/hair-extensions-market/
Limiting Aspects:
The growth of the hair extensions market is being hindered by increasing awareness and concern for hair loss treatment. To address this issue, scientists are developing creative and innovative techniques to regrow or restore lost hair, and people are increasingly using various drugs and anti-hair loss therapies. The demand for hair transplants is also expected to rise, both on the scalp and in non-scalp locations, as people become more conscious of their appearance. Two of the most commonly used drugs for treating hair loss are minoxidil and finasteride.
List of the prominent players in the global Hair Extensions Market:
- Jon Renau
- Hairlocs
- Hairdreams Haarhandels GmbH
- So Cap USA
- Shake-N-Go Inc
- Mayvenn
- Hairlux
- Balmain Hair Couture
- Beauty Industry Group Inc
- The Gorgeous Hair
- Evergreen Products Group Limited
- SalonLabs Exports India Pvt Limited
- Great Lengths S.p.A Societa Benefit
- Perfect Locks LLC
- Locks & Bonds
- Others
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(We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.)
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Browse the full “Hair Extensions Market Size, Trends and Insights By Type (Synthetic Hair Extension, Human Hair Extension, Animal Hair Extension), By End Use (Professional, Personal), By Fitting Type (Clip-In, Micro Link, Tape-In, Glue-In), By Distribution Channel (Retail Stores, Super Markets, E-Commerce), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2030” Report at https://www.custommarketinsights.com/report/hair-extensions-market/
The global Hair Extensions Market is segmented as follows:
Type
- Synthetic Hair Extension
- Human Hair Extension
- Animal Hair Extension
End Use
- Professional
- Personal
Fitting Type
- Clip-In
- Micro Link
- Tape-In
- Glue-In
Distribution Channel
- Retail Stores
- Super Markets
- E-Commerce
Click Here to Access a Free Sample Report of the Global Hair Extensions Market @ https://www.custommarketinsights.com/report/hair-extensions-market/
By Region
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Spectacular Deals
- Comprehensive coverage
- Maximum number of market tables and figures
- Subscription-based option offered
- Best price guarantee
- Free 35% or 60 hours of customization.
- Free post-sale service assistance.
- 25% discount on your next purchase.
- Service guarantees are available.
- Personalized market brief by author.
Click Here to Get a Free Sample Report of the Global Hair Extensions Market @https://www.custommarketinsights.com/report/hair-extensions-market/
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This Hair Extensions Market Research/Analysis Report Contains Answers to the following Questions.
- Which Manufacturing Technology is used for Hair Extensions? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Hair Extensions Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Hair Extensions Market? What Was the Capacity, Production Value, Cost and PROFIT of the Hair Extensions Market?
- What Is the Current Market Status of the Hair Extensions Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Hair Extensions Market by Considering Applications and Types?
- What Are Projections of the Global Hair Extensions Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Hair Extensions Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Hair Extensions Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Hair Extensions Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Hair Extensions Industry?
Reasons to Purchase Hair Extensions Market Report
- Hair Extensions Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Hair Extensions Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Hair Extensions Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Hair Extensions Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.
Click Here to Access a Free Sample Report of the Global Hair Extensions Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=23142
Reasons for the Research Report
- The study provides a thorough overview of the global Hair Extensions market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Hair Extensions market analysis.
- The competitive environment of current and potential participants in the Hair Extensions market is covered in the report, as well as those companies’ strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Hair Extensions market should find this report useful. The research will be useful to all market participants in the Hair Extensions industry.
- Managers in the Hair Extensions sector are interested in publishing up-to-date and projected data about the worldwide Hair Extensions market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Hair Extensions products’ market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
Request a Customized Copy of the Hair Extensions Market Report @ https://www.custommarketinsights.com/report/hair-extensions-market/
About Custom Market Insights:
Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.
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Artificial Intelligence
MediaGo Honored as Gold Stevie® Award winner in 2024 American Business Awards®
MediaGo recognized for its deep learning technology and SmartBid product
SAN FRANCISCO, May 2, 2024 /PRNewswire/ — MediaGo, a deep learning-based intelligent advertising platform under the umbrella of Baidu Global, was named the winner of a Gold Stevie® Award in the 22nd Annual American Business Awards® for the second consecutive year – this time in the Marketing/Public Relations Solution category.
Recognized for setting a new standard in the industry for campaign performance and efficiency, MediaGo leverages Baidu’s underlying artificial intelligence (AI) technology and deep learning algorithms to empower businesses of all scales, creating tangible value for companies. With 12 operation centers worldwide, MediaGo has successfully provided localized and comprehensive business growth services to over 10,000 partners.
The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for profit and non-profit, large and small. More than 3,700 nominations from organizations of all sizes were submitted this year for consideration.
When assessing MediaGo’s entry, American Business Awards judges noted that MediaGo’s “innovative use of deep learning in advertising optimization represents a significant leap forward, yielding tangible benefits for advertisers, including increased conversion rates and reduced costs per action. The significant enhancements to SmartBid technology, evidenced by substantial increases in campaign performance and efficiency, set a new standard in the industry.”
MediaGo’s SmartBid product is built on a deep neural network of over 1 billion parameters. Leveraging big data analytics and deep learning algorithms, MediaGo’s SmartBid predicts the likelihood of user conversions and adjusts the baseline bid accordingly. Furthermore, SmartBid capabilities automatically self-adjust to improve ad performance based on historical and real-time data, optimizing the advertisers’ return on investment.
“Our SmartBid product has proved itself by continuously providing substantial value to advertisers worldwide,” says Rena Ren, Americas Regional Director of Baidu Global Business Unit. “MediaGo strives to help advertisers reach their goals with easy-to-use, effective technology. Being recognized by a premier organization like the American Business Awards reaffirms our belief. ”
About MediaGo
MediaGo is an intelligent advertising platform under the umbrella of Baidu Global. Leveraging Baidu’s underlying AI technology and based on deep learning algorithms, MediaGo empowers businesses of all scales, creating tangible value for companies. With 12 operational centers worldwide, MediaGo has successfully provided localized and comprehensive business growth services to over 10,000 partners.
Learn more about MediaGo at https://www.mediago.com/.
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Artificial Intelligence
Clarivate Enhances Cortellis CMC Intelligence with Post-Approval Module to Accelerate Regulatory Success
Enhancements enable pharma, biotech and generics companies to streamline regulatory tracking and optimize life cycle management for small molecules and biologics
LONDON, May 2, 2024 /PRNewswire/ — Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence, today announced the launch of the newly enhanced Cortellis CMC Intelligence™ solution, featuring a new post-approval variations module. The module for post-approval variations covers regulatory changes across multiple countries, offering meticulously curated requirements to streamline tracking. With this update, pharmaceutical, biotech, and generics companies can effortlessly navigate the regulatory process and prioritize essential actions.
CMC activities account for nearly 18% of the entire R&D budget, emphasizing the importance of optimization and validation. Cortellis CMC Intelligence for post-approval variations enables clients to compare requirements across 64 countries, reducing tracking time and increasing submission rates with organized, timely, and accurate information.
Justin Hubbard, Vice President, Product Management, Life Sciences & Healthcare, Clarivate, said: “This enhancement underscores our commitment to simplifying the complexities of CMC regulatory dossier submissions for our clients. By offering transformative insights, Clarivate accelerates their path to markets and patients. With the ability to efficiently compare regulations across countries for small molecules and biologics, as well as automate CMC regulatory monitoring through user-configured alerts, clients can navigate the process with confidence.”
With its new module covering both pre- and post-approval documents, Cortellis CMC Intelligence offers comprehensive lifecycle information for drugs and biologics. Serving as a single-platform solution for CMC requirements, it effectively reduces tracking time and unnecessary costs.
About Cortellis CMC Intelligence
Cortellis CMC Intelligence curates and tracks official CMC regulations and local practices for more than 135+ countries, territories and organizations for small molecules and 64 countries, territories and regions for biologics, with pre-and post-approval module coverage. Robust data is available for 25+ product and regulatory-related filters based on eCTD structure, including 6K+ source documents and over 2K links to Cortellis Regulatory Intelligence, providing access to expanded detail and in-depth summaries from experts in local regulatory practices, paired with reference source documents, to offer a complete picture. The addition of a new post-approval module now makes a comprehensive CMC solution with complete lifecycle information for drugs and biologics to increase submission rates and avoid costly delays. To learn more about Cortellis CMC Intelligence, visit here.
About ClarivateClarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com
Media Contact:Luna IvkovicExternal Communications, Life Sciences & [email protected]
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Permira Growth Opportunities Transaction builds on initial minority investment made in early 2023 to acquire a majority position and support BioCatch’s accelerated growth within online fraud detection and financial crime prevention
NEW YORK and TEL AVIV, Israel, May 2, 2024 /PRNewswire/ — BioCatch (the “Company”), the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence, today announced that Permira Growth Opportunities II (the “Fund”), a fund advised by global private equity firm Permira, has agreed to acquire a majority position in the Company. Alongside the Fund’s investment, existing shareholders Sapphire Ventures and Macquarie Capital will also increase their investments in BioCatch. The transaction is expected to accelerate the Company’s global expansion, advance its innovative product roadmap and support its continued overall growth.
Under the terms of the agreement, the Fund will acquire a majority stake in BioCatch, buying out shares primarily from Bain Capital Tech Opportunities and Maverick Ventures, in a secondary transaction valuing the Company at a total enterprise valuation of $1.3bn.
BioCatch was founded in 2011 – at the dawn of a significant consumer shift from branch to online banking – with a mission to fight fraud and keep users safe in online transactions without disrupting user experience. Today, the Company is a leader in behavioral biometric intelligence and advanced fraud detection, leveraging patented artificial intelligence, data science, and machine learning technology to analyze a user’s cognitive intent and deliver highly accurate insights as to the legitimacy of their identity, motivations, and behavior. In 2023, the Company expanded its mission to include a proactive approach to fighting financial crime with the launch of predictive, behavior-based mule account detection.
As fraud attacks have become increasingly scaled, sophisticated and complex, BioCatch has experienced significant and sustained momentum. Permira, via its growth equity strategy, completed an initial minority investment in the Company in early 2023, a year that BioCatch ultimately finished with 49% ARR growth, whilst also surpassing the $100 million ARR milestone and attaining EBITDA profitability. Today, BioCatch counts more than 190 financial institutions as customers globally, including over 30 of the world’s largest 100 global banks, who use its solutions to fight fraud, facilitate financial crime prevention and decision intelligence sharing, accelerate digital transformation, and grow the value of customer relationships.
Permira brings a growth mindset to BioCatch’s next chapter, with the ability and network to help the Company expand across Continental Europe, where Permira was first established nearly four decades ago. In addition, Permira is excited to back the Company’s exceptional management team and innovative product roadmap, and is committed to further strengthening BioCatch’s global leadership position both organically and inorganically.
“Permira has backed the theme of cybersecurity for several years, and within this, online fraud detection, customer identity and access management markets have become a clear focus. We have tracked BioCatch with enthusiasm for many years, and now having been a shareholder since early 2023, our conviction in the business, its growth potential, its technology leadership, and its management team continues to grow. We’re excited to become the company’s majority shareholder and look forward to a continued successful partnership with Gadi and the BioCatch team as we seek to further accelerate growth and expansion in the years to come,” said Stefan Dziarski, Partner and Co-Head of Permira Growth Opportunities.
Gadi Mazor, CEO of BioCatch, added: “After building a strong partnership with Permira over the last year, we are delighted to welcome them as majority shareholders. The firm’s impressive experience within technology and cybersecurity, combined with their scale, global network, and our close working relationship, has been invaluable since their initial investment. We’re excited to take BioCatch to the next level together. I’d also like to thank Matthew Kinsella from Maverick Ventures and Dewey Awad from Bain Capital for their support over the last four years, which has been key in helping us establish our leadership position in the market.”
“We have had the privilege of partnering with BioCatch over the past four years and worked closely with Gadi and the BioCatch team to develop a long-term strategy to realize the business’s growth potential,” said Dewey Awad, a Partner at Bain Capital. “Together, we drove several key initiatives aimed at augmenting BioCatch’s go-to-market strategy, team, and operations, all with the goal of protecting end-users and their most sensitive transactions. We believe the company is well-positioned to continue its growth journey under Gadi’s leadership and with Permira’s support.”
“At Permira, we are looking to back product-led businesses operating in structurally growing end markets and that have management teams with the ambition to scale and grow their business. We found all of that in BioCatch and were grateful to have the opportunity to make an initial investment in 2023. After a successful first year, we are delighted to take a majority stake in the business as it continues to grow at scale. With the full extent of Permira’s resources and experience at its disposal, we’re excited for what’s to come at BioCatch,” commented Ran Maidan, Senior Adviser and Head of Permira in Israel.
About Permira
Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds with total committed capital of approximately €80bn and makes long-term majority and minority investments across two core asset classes, private equity and credit.
The Permira funds have an extensive track record in technology investing, having invested in 50+ companies across SaaS, cybersecurity, digital commerce, fintech and online marketplaces. Permira invested in BioCatch via its Growth Opportunities Fund; its strategy is to back disruptive technology and tech-enabled companies as they scale to the next level. The Permira funds have previously supported and helped scale some of the largest and fastest-growing technology businesses globally, including Genesys, TeamViewer, Zendesk, McAfee, Mimecast, Carta, G2, Sysdig, SonarSource, Mirakl, and others. Permira closed its second Growth Opportunities Fund in December 2021 at $4 billion.
The Permira private equity funds have made approximately 300 private equity investments in four key sectors: Technology, Consumer, Healthcare and Services. Permira employs over 500 people in 15 offices across Europe, the United States and Asia. For more information, visit www.permira.com or follow us on LinkedIn.
About BioCatch
BioCatch stands at the forefront of digital fraud detection, pioneering behavioral biometric intelligence grounded in advanced cognitive science and machine learning. BioCatch analyzes thousands of user interactions to support a digital banking environment where identity, trust, and ease coexist. Today, more than 30 of the world’s largest 100 banks and more than 190 total financial institutions rely on BioCatch Connect™ to combat fraud, facilitate digital transformation, and grow customer relationships.
BioCatch’s Client Innovation Board, an industry-led initiative featuring American Express, Barclays, Citi Ventures, HSBC, and National Australia Bank, collaborates to pioneer creative and innovative ways to leverage customer relationships for fraud prevention. With more than a decade of data analysis, 90 registered patents, and unmatched expertise, BioCatch continues to lead innovation to address future challenges. For more information, visit www.biocatch.com.
Media Contacts
For BioCatch
Mac KingSr. Manager, Corporate Communications, [email protected]+1-206-200-8596
For Permira
James [email protected] +44 774 7006407
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