50% of black consumers say that their hair is central to their identity. 18. My 10 year old son doesnt even know what hair relaxers are when he sees old pictures of me with relaxed hair, he doesnt understand and asks why I used to have my hair like that. 20% of natural hair product consumers express difficulty finding various products suited to their hair care needs. Another major change lies in communication. The weave industry will see a CAGR of nearly 15% from 2021 to 2026, growing from $6.6B to $13.3B. Hair removal and facial treatments made up 18% of bookings each. They wanted it to be a luxury product for hairdressers to use, but it was a major flop here. Beauty Industry: Cosmetic Market Share, Trends, and Statistics - Terakeet Inquiry Before Buying. Black women spend the most (9x more) on natural hair care products than non-black consumers of all genders. Hair Extension Market Size, Growth, and Forecast Report To 2030 Beauty Sales. Calma Ritchie, the owner of XL Hair Design in Bradford. 10 Surprising Statistics You Didn't Know About the Hair Industry There is a common thread amongst the biggest American music stars lately: most of them originate from the Caribbeans Rihanna is from Barbados, Nicky Minaj from Trinidad, Cardi B from Dominican Republic and Trinidad. From 2013 to 2016, black spending on hair perms and relaxers declined by 30.8%, and hair relaxers became the smallest segment of the black hair care market in 2020. The French West Indies are already market leaders for locs and natural hairstyles, but theres currently no beauty conglomerate that is seriously looking into this segment. Selling products on Instagram? The UK hairdressing industry is in the midst of a drive to step up its inclusivity, with brands and salons alike seeking to improve their offering for consumers across all hair textures. . 14 Hair Stylist Industry Statistics, Trends & Analysis The French African woman is very educated, cultivated and engaged. There are currently 34M posts tagged under natural hair on Instagram. 1 in Britains singles chart, opened a salon in the Brixton area of South London after being given a botched hairstyle. The US online flower shop industry grew by 8.5% between 2015-2020. One client asked me Why dont you relax your hair anymore? It was so easy for them before. As lockdown lifted at the end of March 2021, the most in-demand service from hair and beauty professionals was, unsurprisingly, a haircut, which made up47% of all personal care bookings. 68% of black women between the ages of 18 and 34 say they use social media to discover how-to tutorials, which introduce them to new black hair brands. (Research and Markets) The growth rate of the global web-to-print market is 6.2%, with an estimated value of $1500 million by 2027.

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