Black Hair Market Size

In 2015 more than half of black women reported buying hair products compared to about a third of white women according to a report by Mintel a market-research firm.

Black hair market size. Rising awareness related to the benefits of natural hair care products is one of the key factors fueling market growth. Estimated total expenditures and forecast by Black consumers by regimen segment at current prices 2014-24. The growth of UK Afro-Caribbean Hair Care and Beauty Market.

Its hard to fathom why so many huge companies. The report covers profitability prospects market size growth dynamics and highlights key points and trends of the industry. Hair Care Market is projected to grow at a CAGR of 335 during the forecast period.

While the natural hair movement has driven sales of styling products in the Black haircare market in recent years today consumers are getting back to the basics. 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.

Hair care Market is Segmented by Product Type by Distribution Channel and by Geography. The black hair care industry generates billions but the US is missing out on the market Published Fri Aug 17 2018 233 PM EDT Updated Fri Aug 17 2018 333 PM EDT Ashley Turner Ashley_MTurner. This market report also includes market size share current market trends industry.

In 2018 the global hair. 114 Wigs by Hair Type. LONDON--BUSINESS WIRE--The global hair care market size is poised to grow by USD 493 billion during 2020-2024 progressing at a CAGR of over 1 throughout the forecast period according to the.

Its hard to accurately estimate the size of the wigs and extensions market due to an opaque supply chain and fragmented largely offline distribution. The Black haircare market poised to grow to 2 billion on regimen alone. According to the Office of National Statistics ONS Black and minority ethnic groups made up almost 16 of the British population in 2011 and are perceived to increase to 35 by 2035.