United Kingdom. The hair weave industry is a multi-billion pound market that is forecast to grow significantly. Approximately 65% of services fell into this category. At 60% of all services, hair dying was the third most common request by black women in 2016. 59% of Black British women shop at independent retailers for hair products, compared to 18% of African American Women, 30% of Black European Women, and 37% in . There was amassive growth of 54%in the number of hairdressing, barbering and beauty businesses across the country over the five years up to 2020. 38% of black consumers say theyre open to trying new hairstyles. Households of low-income families make up 43.3% of the natural . This is potentially the new frontier in black hair care, as filling this market void can make for a very lucrative endeavor. In the US alone, black consumers spend over $1T each year, and a significant amount of that spending goes toward hair care products. In the US, black consumers are 14% of the population but make up a disproportionate percentage of spending on hair and beauty products. 50. . 27% of black consumers say they like to try out different hairstyles. Black women monetarily dominate the hair industry in the UK - accounting for 80 % of total hair product sales. "The Global Black Hair Care Market size is expected to be worth around US$ 10.02 Billion by 2023 to US$ 15.34 Billion in 2033, growing at a CAGR of 4.84% during the forecast period 2023 to 2033.". Carmen Maingot, a Black entrepreneur, is believed to have opened Britains first hair-straightening salon in Londons North Kensington district in 1955, when Black women in Europe often straightened and styled their hair to meet European beauty standards. 5. I have Italian and North African assistants who tried ORS or Cantu and loved it. Despite the pandemic, salon numbers have continued to increase year on year. There is a lack of clean products in the natural hair care market than in any other hair market. Youre covered whether your work is salon-based or you go out and about visiting clients. The US hair care sector is worth more than $83B, making it the largest hair care market in the world. 37% of women have gone to the salon to have their hair permanently colored at least twice in the past year. An assessment of the competitive landscape and market shares for major companies. Natural hair care made up 8.74 billion of the global hair care market in 2019, 2. At the moment, these hair relaxing brands are still finding success in Africa, but theyve definitely lost their competitive advantage in European and American markets with the boom of the natural hair movement. The Natural Hair and Loc Bar in the Brixton area of London. From 2014 to 2016, SoftSheen-Carson released five new ethnic hair care products, Curls and Advanced Beauty each launched three new products, Miss Jessies and Mizani put out two new products, and Beautyge, Black Onyx World, and Andre Walker Hair each released one new ethnic hair product. Sign up to our newsletter and get exclusive hair care tips and tricks from the experts at All Things Hair. However, in 2021, black-owned hair care brands are becoming increasingly common. 8. 37. 24% of black consumers exclusively buy hair products online, which represents a 9% increase from 2016. News flash: Black women know beauty. With Britain now grappling with how to confront racial inequality, the styling of Black hair has assumed growing political and cultural resonance, including books, documentaries and advocacy campaigns on the subject. According to one survey, the country has just 314 Afro hairdressing salons out of almost 45,000 registered hair and beauty salons. All figures quoted are the most up-to-date available at the time of publishing. Activilong is trying to clean up their ingredient list in their products to make it more natural and safe and theyve put a lot of effort towards their communications strategy. What is the market size of the Hair Salons industry in the US? There are about 1 million hair salons currently active in the United States, providing employment opportunities for about 1.4 million people. They understood that there was something at stake in the natural hair movement, but they didnt know how to go about it properly as they used the same trite strategies. Revenue in the Hair Care segment amounts to US$1.91bn in 2023. (ReportLinker, 2020) The sharp upturn in growth in South and South-East Asia in 2018 will slow down this year. In the years preceding 2021, major consumer packaged goods companies have started acquiring black-owned hair and beauty brands. Sometimes brands want to sell to stores directly, but a distributor is able to sell to 3000 stores, whereas a brand only to 200, so theres nothing to gain from direct selling and going against the distributor. Feb 2, 2022. You dont need to be black to have dry skin or curly hair. Black women have significantly more positive attitudes toward textured hair than other women, including black women. Can you give me an example of a difficult brand launch that failed in the French market? White women in the natural hair community are 3 times more likely to be neutral than white women towards black hair. They can help in the establishment of Afro hair salons and in return, hairdressers exclusively use or promote their lines. African-Americans possess $1.2 trillion in spending power, according to Nielsen and the Black hair care industry alone generates billions in annual sales, according to Essence . The Hair Salon US Market Size is $46.2B in 2022. COVID Recovery; Improvements to education and training ; . We explore all of this below. Save my name, email, and website in this browser for the next time I comment. In London for example, you can go to Josh Hair to learn everything you need to know about hair styling. Something's not quite right. Black men who regularly change their hairstyle use the highest amount of black hair products. Experts project that the global hair care industry will grow at a 2.55% compounded annual growth rate (CAGR) from 2021 to 2025. Will the hair relaxers of tomorrow no longer be chemical? Industry Statistics; Campaigning for you. In America, approximately $19 billion is spent annually on hair while in the UK, 5.25 billion is the annual spend - and UK black women account for 80% of total hair product sales. However, there is one woman who saw the tide turning, and today she finds herself at the center of a booming sector valued at around billions euros. The number of hairdressing and barbering apprenticeships in England continues to fall. About 57% of nail technicians are self-employed, meaning approximately 43% are in employment. Today, there are over 3000 black hair care brands that have popped up, that more or less do the same thing, so it has become an extremely competitive and fragmented marketplace. South Korean businesses hold a majority of the ethnic hair market with a hold of 60-80%, while black-owned ethnic hair products only make up 3% of the ethnic hair market. It pays your legal costs and any compensation due too. A huge trend in retail in the last few years has been demand for organic and clean beauty products. Face treatments post-lockdown, possibly due to mask-wearing induced skin problems. From 2016 to 2018, black spending on shampoo and conditioner grew 12.2% and 7.3%, respectively. The global hair care industry's revenues are expected to hit $12.4B in 2021, up from 2020 revenues of approximately $12B. For him its almost heretical to do that and I think this way of thinking has seeped into the newer generations. 2. Distribution here is also complicated because there are too many networks, like for example in the distribution of hair extensions. She is a French-Haitian native and a London-based multihyphenate who is at the helm of her creative agency Haiti 73. (Research and Markets) Dropshipping Statistics. Check out our findings on the top ethnic hair care companies in the US, plus some interesting facts about black-owned ethnic hair and beauty products. In 2019, the global hair care industry saw revenues of $12.9B. The preservation of Black-owned hair salons is deeply personal to Ms. Newton, who shaved off her chemically straightened hair to encourage her daughter to be proud of her own natural hair. If you dont understand the French mentality or have a strong network of relationships here its hard to find success. Do you think that by acquiring Carols Daughter, LOral finally understood that there was something to gain from the natural hair movement? 43. Fola Kassim working on a customers hair at Peckham Palms salon in southeastern London. The global beauty industry market is valued at $511 billion. In addition to its high-quality wigs, the company offers custom wig services and private wig . Theres more advice and info on ourhairdressers insurance,beauty therapist insuranceandnail technicians' insurancepages. The global hair wigs and extensions market is expected to surpass USD 19.12 billion by 2028, growing at a CAGR of 16.06% from 2022-2028. (Research and Markets) #2. Hmm. White women rate black hair as less beautiful, less sexy/attractive, and less professional than straight hair. During the COVID-19 pandemic, black consumers were 2.4 times more likely than the average consumer to purchase hair treatments. Globally, the industry is strong and only getting stronger. Industry market research reports, statistics, analysis, data, trends and forecasts. Honestly, no one wants to go back to that look we have to be realistic. In 2020, the global market for web-to-print was estimated at $983.4 million. A reported432% spikein bookings at the end of lockdown in April 2021 (while not entirely unexpected) indicates the demand for hair and beauty treatments is likely to stay strong. Rising awareness related to the benefits of natural hair care products is one of the key factors fueling market growth. Black consumers in the US spend disproportionately on styling products. In 2019, the global hair care industry saw revenues of $12.9B. Detailed research and segmentation for the main products and markets. Because its cheaper and they have the infrastructure, the laboratories and the knowledge spanning over 50 years. 4. Theyre able to relate to the natural hair women as well as the relaxed hair one, the one that wants to dye her hair red or the one that wants to keep it curly. There is also concern that changing the training standards could take customers from existing Black-owned salons. Hair discrimination is rooted in systemic racism, and its purpose is to preserve white spaces. As of March 2020, the exhibition and events industry had lost 14.4 billion euros (16.5 billion USD). It may surprise you to learn that not all brands on the ethnic hair care aisle are owned by black people. 24. In the last 12 months, 70% of black women say theyve worn their natural hair, 53% say theyve worn braids, and 41% say theyve worn locs. Although the so-called cost-of-living-crisis could also have a part to play. Sundial Brands, including the Madam CJ Walker styling and treatment line, launched the second-highest number of ethnic hair products from 2014 to 2016, with 20 total launches. Hair salons in the United States generate about $44 billion in revenues each year. One out of five black women feels the need to straighten their hair for work. 8. 43% of black consumers spending in the US personal care market comprises black women.