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Scrunchies Market Insights: Business Trends & Market Forecast 2032

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The global scrunchies market is experiencing remarkable growth, driven by the resurgence of retro fashion trends and increasing consumer demand for stylish and functional hair accessories. Scrunchies, once a nostalgic relic of the 80s and 90s, have made a strong comeback, fueled by celebrity endorsements, social media influence, and the sustainability movement.

According to DataIntelo, the global scrunchies market was valued at approximately USD X.XX billion in 2023 and is projected to reach USD X.XX billion by 2032, growing at a CAGR of X.X% during the forecast period. This growth is attributed to the rising popularity of eco-friendly and handmade scrunchies, as well as the expanding presence of e-commerce platforms that make these products more accessible to consumers worldwide.

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Hair Scrunchies Market Analysis: Regional Insights and Opportunities

The global hair scrunchies market is poised for remarkable growth, evolving from a valued US$ 2.2 billion in 2022 to an estimated US$ 4.3 billion by 2031, reflecting a compound annual growth rate (CAGR) of 5.9% during the forecast period. This growth is attributed to the increasing population of working women, evolving fashion trends, and the rapid expansion of e-commerce platforms.
Additionally, urbanization, lifestyle improvements, and the influence of social media personalities are set to further propel the market forward.

Explore our report to uncover in-depth insights - https://www.transparencyma...

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