HS Code:
The 'Complete Wigs' category, classified under HS Code 6704.20, includes finished wigs made from human hair, animal hair, or synthetic materials. These products are used for cosmetic purposes, theatrical performances, medical reasons (e.g., hair loss due to chemotherapy), and fashion. The global trade of complete wigs is influenced by factors such as beauty trends, cultural preferences, and the growing demand for non-surgical hair replacement solutions. The industry is highly competitive with significant production in low-cost manufacturing hubs and high demand in developed markets.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
15% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-USMCA or in duty-free zones)
Rising demand for synthetic wigs
Synthetic wigs are more affordable and easier to maintain, driving market growth in price-sensitive regions like Africa and South Asia.
2021-2023
Increase in online sales channels
E-commerce platforms have expanded market access, allowing small and medium enterprises to reach global consumers, boosting trade volume by 20% since 2020.
2020-2023
Growing medical wig segment
Increased awareness of medical hair loss solutions has driven demand in North America and Europe, with a 15% rise in imports for medical-grade wigs.
2019-2023
The United States reduced tariffs on wig imports from select countries under a new trade agreement, aiming to lower consumer costs in the beauty sector.
March 2023
Expected to increase imports from Southeast Asian countries by 10% over the next two years.
The European Union introduced stricter regulations on the use of non-biodegradable materials in synthetic wigs, pushing manufacturers to adopt eco-friendly alternatives.
July 2022
May increase production costs for exporters like China and Vietnam, potentially shifting market share to sustainable producers.
Several African countries under the African Union have introduced incentives for local wig production to reduce reliance on imports and create jobs.
January 2023
Could lead to a decline in imports from major exporters like China, redirecting trade flows within the continent.