28. What's the state of the black hair care market in 2020? 21. Coronavirus and African creatives industries: Wher. After working for two major marketing agencies, she now uses her marketing prowess to create helpful advice, tips and blogs for our audience. If you continue to use it, we will assume that you accept the use of cookies. State Of The Black Hair Care Industry - Treasured Locks . Detrimental effects of using chemical-based shampoos and conditioners, such as bad hair quality and rough scalp, have goaded consumers to opt for natural hair care products. The US hair care sector is worth more than $83B, making it the largest hair care market in the world. 32% of black consumers say they buy their hair products online. At 60% of all services, hair dying was the third most common request by black women in 2016. Hair Care Market Size, Trends, Analysis | Industry Growth [2028] 46. The Canadian personal care and beauty industry amounts to $10.99 billion in revenue in 2022. Its a more versatile way of being thats different from the archetypical church going boujee African-American woman that Beyonc represents with her safe honey blonde hair. Hair removal and facial treatments made up 18% of bookings each. Women dedicate an average of almost 6 and a half hours every week to taking care of and beautifying their hair. Hair Extension Market Size, Growth, and Forecast Report To 2030 (ReportLinker, 2020) The sharp upturn in growth in South and South-East Asia in 2018 will slow down this year. Black hair care products make up the largest single group of this market. 3. 1. The hair extension market industry is projected to grow from USD 7.2 Billion in 2023 to USD 10.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.00% during the forecast period (2023 - 2030). In the US alone, black consumers spend over $1T each year, and a significant amount of that spending goes toward hair care products. 1. With 24 product launches, Carols Daughter released the largest number of ethnic hair products from 2014 to 2016. Beauty statistics - Finder UK Can you give me an example of a difficult brand launch that failed in the French market? Read on for some amazing stats. 2. Research into the black hair market has revealed significant gaps in the types of products black consumers want and need. There are 21.8M posts tagged under natural hair on Instagram. I think that the brands that dont make this jump, will miss a window of opportunity and run the risk of becoming irrelevant in 10 years or will simply be relegated as regional players outside of Europe.
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