With lace wigs, synthetic or real hair is fastened to a base made of sheer lace that covers the scalp. Lace front wigs and full lace wigs are the two main varieties of lace wigs that are readily accessible on the international market. Lace front wigs contain lace that reaches from ear to ear at the forehead. These wigs create the appearance of a natural hairline in the front. The lace is only visible in the front portion of the wig, so the wearer can separate their hair on any side.
In addition, lace front wigs are becoming more and more popular all over the world since, when compared to full lace wigs, they give a more natural appearance, offer variety in hair parting, and are more pleasant to wear. These are the elements boosting the lace front wigs market's expansion on a worldwide scale.
In terms of revenue, the market for Synthetic Lace Front Wigs was estimated to be worth US$ 405.00 Million in 2022, growing at a CAGR of 8.01% over the projected period (2023 to 2030).
Key Competitors in the Synthetic Lace Front Wigs Industry:
1. Anhui Fortune Fashion Culture Co., Ltd.
Anhui Fortune Fashion Culture Co., Ltd., a reputable producer of human hair goods, is situated in Taihe, the hub of the raw human hair market. The 2011 establishment of Anhui Fortune Fashion Culture Co., Ltd. had a registered capital of RMB80 million (formerly known as Anhui Fortune Hair Products Co., Ltd., founded in 2005). Almost 500 people work for us presently.
The firm sells its products in more than 30 countries, including the USA, Russia, the UK, France, and South Korea, and has a 2 million piece yearly manufacturing capacity. Customers laud the company's products. Guangzhou is where it is headquartered. The market size for synthetic lace front wigs is expected to grow in 2022, according to the business.
2. Henan Ruimei Hair Products Co. Ltd.
The WEIDU INDUSTRIAL PARK of Xuchang City, Henan Province, is home to HENAN RUIMEI HAIR PRODUCTS CO,LTD. It was established in 1992.
With 50 engineers working in research and development, the firm now employs close to 3000 employees.Henan Ruimei Hair Products Co Ltd exported 28 shipments up to January 8, 2023. Its top two export destinations are Russia and Colombia, and its top three export product categories are HSN Codes 6704200000, 6703000000, and 6704900000.It is a group of joint-stock companies with a focus on R & D, manufacturing, sales, and service for the integration of hair products. Its headquarters are in the Henan province's Xuchang Weidu Industrial Zone.
3. Qingdao Urjoy Wigs ltd.
Professional human hair provider Qingdao Urjoy Wigs has been in the hair business for about 20 years. Jewish wigs, lace wigs, toupees, hair extensions, and a variety of hair pieces are among its offerings. The business has spent the last few years researching and improving both our method and the calibre of our output. They specialise in producing, designing, developing, and exporting human hair. Our inventiveness, adaptability, and dependability, which have been developed over the past 20 years, and our emphasis on customer service, are its benefits. The firm was founded in 2002 and is headquartered in Qingdao, Shandong.
4. Shake-N-Go Fashion, Inc..
Shake-N-Go Fashion, Inc. creates and produces items with human and synthetic hair. They produce wigs, hairpieces, extensions, and accessories. Weave, bulk and braid, wig, full cap, lace front, ponytail, and hair piece are among the product categories. Shake-N-Go Fashion, Inc., a Port Washington, New York-based company, was established in 1991.The business offers braided wigs, lace fronts, complete caps, ponytails, and hair pieces made from human and synthetic hair.
5. Yuzhou Shenlong Hair Products Co. Ltd.
Producing hair products is the business of Yuzhou Shenlong Hair Products Co., Ltd. The business creates, manufactures, and sells remy human hair wefts, human hair wigs, and other products. Items from Yuzhou Shenlong Hair Products are sold all over the world. The business specialises in the development, creation, marketing, and customer service of numerous hair products. Our firm, which occupies a space of 100,000 square metres, employs more than 1,000 people and produces 6,000,000 pieces of hair products yearly. It was founded on June 15, 2000, and has its headquarters in Yuzhou, China.
6. Xuchang Dadi Industries Co. Ltd
China XUCHANG DADI INDUSTRIES CO.,LTD was founded in 1996 and since then has amassed enormous knowledge in the trade and supply of human hair goods, synthetic fibre products, wigs, etc. The supplier business is one of the top vendors of the mentioned goods and is based in Xuchang, Henan. It runs enterprises that produce headgear. The business makes wigs, synthetic hair, and other goods. The Xuchang Dadi Industry operates all over the world. It generates $25M–$50M in sales and employs 101–250 employees. The business's headquarters are in China's Xuchang County.
*Definition: A lace wig or a lace front wig is a special type of hairpiece or wig in which human hair or synthetic hair is tied by hand to a sheer lace base which goes over the scalp
