The global hair accessories industry is experiencing robust growth, creating significant opportunities for Southeast Asian manufacturers and exporters. According to Fortune Business Insights, the global hair accessories market size was valued at USD 21.01 billion in 2025 and is projected to reach USD 39.80 billion by 2034, expanding at a compound annual growth rate (CAGR) of 7.38% [1]. This growth trajectory is not uniform across all product categories—hair scrunchies and elastic hair ties dominate the market, representing the largest product segment by revenue share.
For Southeast Asian exporters looking to sell on Alibaba.com, the hair ties category presents particularly compelling signals. Platform data shows the hair ties and elastics subcategory is classified as a mature market with 5,390 annual buyer inquiries, ranking 6th within the hair accessories segment. More importantly, buyer numbers are growing at 27.89% year-over-year, while seller numbers increased 9.53%—indicating demand is outpacing supply. The demand index stands at approximately 260, while the supply index remains around 102, creating a supply-demand ratio of 2.54:1. This imbalance suggests favorable conditions for new and existing sellers who can meet buyer requirements.
The keyword data reveals another critical insight: silk scrunchie search volume grew 87.30% year-over-year on Alibaba.com, far outpacing generic terms like 'hair tie' or 'hair accessories.' This signals a clear shift toward premium materials and higher-value products. Core search terms include 'hair accessories,' 'scrunchie,' and 'hair tie,' but the fastest growth is in material-specific and style-specific queries. For Southeast Asian sellers, this means differentiation through material quality and design innovation—not just competing on price—is becoming increasingly important.
Hair Ties Market: Key Metrics at a Glance
| Metric | Value | Year-over-Year Change | Implication for Sellers |
|---|---|---|---|
| Global Market Size (2026) | USD 22.52 billion | N/A | Large, established market with room for growth |
| Projected Market Size (2034) | USD 39.80 billion | CAGR 7.38% | Long-term growth opportunity |
| Alibaba.com Buyer Inquiries | 5,390 annually | +27.89% | Strong demand growth on platform |
| Demand Index | 259.64 | +6.55% | Demand growing faster than supply |
| Supply Index | 102.09 | +2.59% | Supply expansion lagging behind demand |
| Supply-Demand Ratio | 2.54:1 | N/A | Favorable conditions for sellers |
| Top Growth Keyword | silk scrunchie | +87.30% | Premium materials in high demand |

