Black Hair Market

Black Hair Market. This market report also includes market size share current market trends industry. Hairsmarket 134 Body Wave Hair Unprocessed Virgin Lace Front Wigs 100 Human Hair Wigs. In the US alone Black consumers spent around 171 billion on hair products last year a figure set to reach 19 billion by 2025 according to Mintel.

Haircare is an overall term for hygiene and cosmetology involving the hair which grows from the human scalp.

Hair care Market is Segmented by Product Type by Distribution Channel and by Geography. Thats despite the market research business Mintel valuing the black hair care market in the US. The natural hair movement has also driven black ownership by creating a new market for black women to sell the products that addresses their specific hair needs she added.

The South African haircare market is segmented by product type and distribution channel. Plus a 2021 Market Watch report concluded that African American consumers spent a record 25 billion on black hair care products alone. At Ulta Beauty the category is performing well.

Straight Hair 134 Lace Front Wig Virgin Human Hair Wigs 130150180 Density. For many African women hair care is a lucrative business as hairdressers product sellers and importers make up a huge part of the informal economy in Africa. The black hair industry is worth an estimated 88 million with black women spending six times more on hair care than their white counterparts.

In 2018 the Black hair care industry raked in an estimated 251 billion as Black consumers have progressively made the switch from general products to those that specifically cater to. Mintel values the black hair care industry at more than 25 billion but that statistic doesnt include products such as hair accessories wigs or electric styling products. Market research company Mintel estimates that African American consumers will spend 175 billion on haircare products this year with styling aids the leading category.

Black consumers are internally driven in shaping their unique style but they also look to influencers to solidify their haircare from product choices to. Based on product type the market is segmented into shampoos conditioners hair colorants hair styling products and other hair care products. Hair Care Market is projected to grow at a CAGR of 335 during the forecast period.

Hair is important to Black consumers. According to the BBC a bunch of good quality hair costs between 4000 and 5000 US dollars. Its hard to fathom why so many huge companies.

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