Are you wondering how to start a side hustle in the hair accessories industry? Finding demanding and trending business ideas? You’re in the right blog post.
We prepared the guide with various business ideas you can start in 2024 and beyond, from small hair products to hair salons and many other ideas.
Grand View Research recently shared a market analysis report – the global hair accessories market is growing with a 7.7% CAGR growth rate and is expected to reach USD 31.6 billion industry by the end of 2028.
There is a high demand for clips, pins, headbands, wigs, elastics, and other products, with the changing trend and online buying and selling demand, the market is expanding quickly.
Keep reading to explore those ideas.
10 Best Hair Accessories Business Ideas to Start
Before launching a business with any of those ideas you need to understand the advantages, disadvantages, market growth, competition, strength, and ability.
Decisions depend on many factors, so choose the right ideas that suit your needs.
To get started, you can explore the given 10 ideas, also in the last section we listed different hair accessories products to sell by manufacturing yourself or sourcing from a manufacturer.
- Hairstylist services
- Bridal hair specialist
- Hair accessories E-commerce store
- Hair accessories boutique
- Hair blogging and vlogging
- Hair product promotion agency
- Lice treatment services
- Hair salon business
- Open a barbershop
- Hair accessories manufacturing
Here are the basic details of those ideas, get inspiration and start with proper planning.
1. Hairstylist Services
If you have the skills to style hair with attractive looks and want to open a salon setup focusing on styling hair, then the idea can be a good opportunity.
As per gminsights.com market reports the hair service market is growing with a 2.5% CAGR, expected to reach USD 83.9 billion in 2032, previously the market value was USD 65.1 billion.
Focus on different age groups to style hair and follow the market demand to offer services.
You can open the service salon at home or in a mobile van. Research the local trend, and target audience to determine the delivery model.
Develop a special chart/menu and pricing plan, here are some ideas for hairstyling services.
Cutting services:
- Haircuts for men, women, and children
- Bang and beard trims
- Wet, dry, blunt, boobs, pixies cuts.
Styling service:
- Blowouts styling
- Straightening
- Curling with wands
- Braiding with styles
- Textured styles
Chemical service:
- Hair coloring, lightening, and darkening
- Keratin treatment
- Hair glosses and toners
2. Bridal hair specialist service
Become a bridal hair specialist and offer your customers many hair customization and styling services by opening a salon.
In a competitive market, specializing in a particular field provides the unique opportunity to do better than competitors.
While the bridal hair specialist line is a good career path, important is your education, training, and skills in hairstyling.
Before you open a salon setup, learn the skills by enrolling in a cosmetology training program or taking bridal hair courses.
In the current scenario online and offline options are available for skill development, however, learning practically in a cosmetology school is more beneficial for an individual.
With those skills, having a passion for entrepreneurship and planning to do better with time will provide a long-term benefit.
Build your portfolio by partnering with vendors, wedding planners, organizers, and clients and connecting with industry players.
3. Hair Accessories E-commerce Store
For selling hair accessories you can open a small online E-commerce store, it is the easiest and best way to sell products online to make a profit.
Explore the existing brands, e-commerce stores, and small brands to get some inspiration.
- Lele Sadoughi
- Francesca
- Urban Outfitters
- Blair Waldorf headbands
- Thehairedits.com
- Leletny.com
Online selling provides the opportunity to sell products without managing a physical shop, with proper planning you can create your store.
The market is expanding and many small or big brands are selling those products, but the question is – Is there any opportunity? Yes, but need to specialize in a single product.
Find products where there is lower competition and higher demand. Once you’ve found a product, plan for sourcing (from the manufacturer, wholesaler, or bulk supplier).
The process of opening an online store:
- Choose a hair accessories product
- Identify your target customers
- Source products (finding a supplier)
- Build an E-commerce Platform
- Choose a platform (Shopify, Wix, Squarespace, etc)
- Design your online store
- Integrate online payment gateway
- Then, market your store
4. Decorative Hair Accessories Boutique
Before deciding to open a physical brick-and-mortar hair accessories boutique, research and learn the market, as well as develop a business plan.
Opening a boutique requires a potential location, the right target market, supplier connection, and funds to build the boutique infrastructure.
Create a list of high-quality, unique, decorative, and demanding hair accessories products.
With product selection for boutique – focus on arranging funds, finding suppliers, managing inventory, and developing a marketing strategy.
5. Hair Blogging and Vlogging
Blogging and vlogging – these are two popular ways to share your thoughts, content, and ideas with millions of audiences online. Blogging is textual content creation and vlogging is visual.
Be a hair blogger or vlogger to share different hair accessories ideas with them. Right now people building their careers in this profession.
If you have a passion for creating digital content and want to become an influencer, then the idea can be a good opportunity, however, it requires time, effort, and dedication to get results.
Resources needed:
Blogging:
- A computer/laptop
- Comfortable writing space
- Blogger/WordPress
- Domain and hosting
- Skills for writing
- Basic SEO knowledge
Vlogging:
- Camera/Smartphone camera
- A mike for voice recording
- Video editing software
- On-camera presence
Here is the basic difference between these two platforms:
| Feature | Blogging | Vlogging |
|---|---|---|
| Content Format | Text-based (articles, tutorials, stories) | Video-based |
| Content | Images, GIFs, infographics | Audio (music, voice), text |
| Platforms | Blogger, WordPress, Wix, self coded website | YouTube, Vimeo, and social media |
| Skills | Writing, SEO optimization, web design, | Video editing, recording, and skills in a field (tech, education, finance, entertainment, etc). |
| Accessibility | Can read and learn anywhere | Requires dedicated viewing time |
| Engagement | Comments, replies, social media sharing | Comments, likes, dislikes, live chat (on some platforms) |
| Monetization | Ads, affiliate marketing, sponsored content, selling products/services | Ads, brand partnerships, sponsorships, selling merchandise |
| Popularity | Established and widely used | Growing with trends |
6. Hair Product Promotion Agency
Launching a hair product promotion agency is a good idea, but some things must be understood.
Your skills matter to running a marketing agency, if you already have experience in marketing, digital media, social media, influencer marketing, and various ways, then the idea can be the best choice.
If anyone wants to start but doesn’t have the necessary skills, then first develop those skills. Developing strong marketing skills requires learning, time, effort, and dedication.
When you are starting, set up a small-scale startup, first, learn (PR, paid, social media, offline promotion, email, and influencer marketing strategies), and then launch your service.
To understand your target customer, current trends, and demographics, deeply research the hair care industry. Connect with YouTubers, and social media influencers, to get more insights.
7. Lice Treatment Services
Another opportunity is to provide lice treatment services.
Head lice infestations are a major problem for many parents and young individuals. Head lice are most common in school children, but anyone can get them.
You can offer lice removal services to potential clients by opening a home-based, clinic-based, or mobile-based service.
While formal training or certification may not always be mandatory, expertise in lice removal is necessary to provide safe, effective, and the best service.
Develop your expertise by enrolling in any online or offline course. Consider getting certified and creating a strong online presence to engage your customers.
8. Hair Salon Business
Opening a hair salon is not a new idea, you can start in your local area. The salon business concept is providing hair cutting, coloring, customization, and styling services to customers.
Require a high potential target location, suitable area, funds for buying essential kits, and resources to set up the salon.
Most important is having the right skill set and entrepreneurial spirit to make a better service in the market.
The steps include: choosing the right location, registering business, obtaining necessary permits, infrastructure setup, buying supplies, hiring staff, and an effective marketing strategy to attract customers.
9. Open a Barbershop
Starting a barbershop can be a great decision, with the growing demand for mobile barber shops and home salon services it is a good opportunity for passionate people.
As per a research report by “Technavio“, the mobile barber shop market growing with an 11.06% CAGR (2021-2026), expected growth value of USD 1.11 billion.
If you have a passion for cutting hair, and cloring and want to provide a great look to young people with the rising hair styling trend, then must follow the idea.
What service you can provide:
- Haircuts,
- Beard trims,
- Straight razor shaves
- Hair coloring,
- Scalp massages,
- Hot towel shaves,
- Hair washing and styling,
- Kids’ haircuts.
Require a good understanding of the target market, finance, legalities, location, marketing, and the barber industry. Develop a plan for building a business and obtaining the requirements.
Barber supplies store idea:
For those who want to sell barber supplies, tools, kits, and related products.
With barber products you can combine spas, nails, and hair-related products, however, start by selling only barber products targeting the right customer, then diversify your categories.
10. Hair Accessories Manufacturing
If you focus on just manufacturing hair accessories products and selling them in the market, then it is also a good idea.
However, the manufacturing and production line can be difficult – to prepare proper resources, raw materials, management, manpower, cost, etc. Still, there is a good opportunity for manufacturing small products like scrunchies, hair bands, clips, scarves, etc.
Products you can make and sell, here are some best selling hair accessories list:
- Headbands
- Hair clips
- Barrettes
- Pins
- Hairpins
- Hair chain
- Hair ties
- Scrunchies
- Claw clips
- Hair rings
- Jaw Clips
- Scarves
- Tiara
- Bows
- Crowns
- Hats
- Headwraps
- Hair Armor
- Hair extensions
- Hair Comb
- Wigs
- Beanies
You can easily manufacture them by arranging the essential raw materials and tools. Research the trending, less competitive, and easy-to-make accessories and develop a well-crafted plan for the successful operation.
Launch your manufacturing business to produce a variety of high-quality hair accessories.
Supply the products to retailers, salons, individual buyers, etc.
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Frequently Asked Questions (FAQs)
Are hair accessories in demand?
Yes, hair accessories are in demand – the global hair accessories market is growing. Expected to reach USD 31.6 billion industry by the end of 2028 with a 7.7% CAGR growth rate.
How to market hair accessories?
Marketing hair accessories products – the best ideas can be social media promotion, influencer advertising, paid marketing, email offers, targeting audience through search engine (SEO), etc.
Can you make money selling hair bows?
Yes, it is possible to make money selling hair bows, if you focus on a niche, quality, and target the right audience.
Is the hair accessories business profitable?
Success depends on product selection, market competition, quality of the accessories, marketing strategy, and overall on your efforts.
Who is the target market for hair accessories?
Hair accessories target a broad market including fashion-conscious people, athletes, the young generation, girls, school children, students, and all ages of individuals who are looking to manage their hair.
How to start a hair accessories business?
Starting a hair accessories business requires selecting the right product, developing a production or sourcing plan, researching the target market, creating a budget to invest, preparing the store (online or offline), and an effective marketing strategy. Read the blog post.
Wrapping up
When you consider any business idea carefully consider the upside and downside, by understanding the trends, demand, competition, and your strength choose an idea.
With proper planning, doing market research, and analyzing the startup cost, set up your venture to make it successful.
Requires dedication, hard work, patience, and most importantly your product quality, focus on how you can deliver the best products to market.
Hope, you like the hair accessories business Ideas, if there are any doubts then comment.
