Scrunchies are fabric-covered hair ties that are designed to hold hair in place without causing damage. They are typically made from materials like cotton, velvet, or satin, which provide a soft texture. Scrunchies come in various colors, patterns, and sizes, making them a popular accessory for both casual and formal hairstyles. Originally popularized in the 1980s and 1990s, scrunchies have made a comeback in recent years, appealing to a new generation. They are often associated with fashion trends and are favored for their ability to be worn on the wrist as a stylish accessory when not in use.