Its no wonder that France is 50 years behind counterparts in terms of Afro hair salons presence when theres limited access to entrepreneurship and lack of hair education and training here. Theres more advice and info on ourhairdressers insurance,beauty therapist insuranceandnail technicians' insurancepages. 14. The sudden rise in CAGR is attributable to this market's demand and growth, returning to pre-pandemic levels once the pandemic is over. Black consumers in the US spend disproportionately on styling products. $35.64 billion. Scroll down to our table of contents to find the reliable black hair industry statistics youve been searching for. Or check out our key takeaways for the most important facts you need to know about the black hair industry in 2021. I'm Athena, your personal Hair Assistant. Hairdressers also need to educate the consumer on how to use those products at home especially hair relaxers, because those can be the most damaging if badly applied. 43% of black spending power can be attributed to women. They invest a lot in hair care but dont necessarily know how to get the best value for their money. 27. Advanced economies experience somewhat sluggish growth in 2019. She attributed changing attitudes around hair to the Black Lives Matter movement and the rising trendiness of Black culture in Britain. There is no question that Black communities are underserved in Britain. ( UFI, 2020) The global virtual events market size was valued at $77.98 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 23.2% from 2020 to 2027. Formal instruction for styling Black hair did not exist, so Ms. Ritchie practiced on her siblings. 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. 63% of people working in the hair and beauty sector are self-employed. However, the majority still show a preference for straight hair. There are 21.8M posts tagged under natural hair on Instagram. Black dollars make up 85.7% of the ethnic hair & beauty market. 31. Black women are more likely to report having professional styling appointments than white women. However, a 2021reportby the National Hair & Beauty Federation (NHBF) identified the industry as one of the hardest hit by the UKs pandemic lockdowns, with turnover falling by an average of 45% in 2020 compared to 2019. Figure 17: UK retail value sales of the women's mass-market haircare category, by product type, 2020 and 2021; Channels to Market. Black women, a part of the natural hair community, express more preference for natural hair than black women not a part of the community. But exactly how much do these companies rake in each year? 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. Black British women have high standards when it comes to hair care since they know a lot about products, hair extension networks and are really influenced by America and the Commonwealth Caribbean. Figure 30: Hairstyles worn within the last three years - NET, 2021. Globally, L'Oreal generated the most revenue in the global beauty industry in 2019, amounting to $33.4 billion. Having a familiarity with Afro-textured hair would be an improvement.. 24. Personal care and beauty, which includes hair care, is a $518B industry in 2021. Black American women who prefer natural hair products are the typical hair care market consumers. L'Oral remains the top player in the beauty industry, with nearly $11 billion more in sales than second-place Unilever. 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. The dearth of trained hairdressers is also a problem for Black people working in fashion and the media. The market is expected to grow annually by 0.90% (CAGR 2023-2027). The number of hair salons in 2019 was 16,559, a 21% increase over five years (NHBF). For him its almost heretical to do that and I think this way of thinking has seeped into the newer generations. White women in the natural hair community are 3 times more likely to be neutral than white women towards black hair. Revenue in the Hair Care segment amounts to US$1.91bn in 2023. The hair weave industry is a multi-billion pound market that is forecast to grow significantly. In 2020, the global black hair care market rose to $2.5B. The global beauty industry market is valued at $511 billion. Now theyre everywhere, very dynamique and their natural hair care line is decent. 1 in 3 black women reports that their hair is the reason they havent exercised, compared to one in ten white women. Black women spend the most (9x more) on natural hair care products than non-black consumers of all genders. However, in 2021, black-owned hair care brands are becoming increasingly common. Brazilian blowouts, press & curls, and protective hairstyles were the least-requested hair service in 2016, making up 15%, 255%, and 28% of services provided, respectively. The haircare and beauty industry is dynamic and continues to grow at a rapid pace. 1. Nevertheless, in 2021 the United Kingdom was among the leading cosmetic consumers in Europe. What are the brands that stand out today and how do they communicate their unique selling points? Experts project that the global hair care industry will grow at a 2.55% compounded annual growth rate (CAGR) from 2021 to 2025. The black-owned Fenty Beauty brand, which was founded by Rihanna, made $72M in one month. In addition to its high-quality wigs, the company offers custom wig services and private wig . A study looked at the percentage of black personal care products with toxic ingredients and found that 58% of hair products marketed toward black people contained one or more toxic ingredients. You know the Afro Hair and Beauty Salon in London and the Natural Hair Academy (NHA) in Paris very well. 32% of black consumers say they buy their hair products online. Laimar Swarry, whose father owns Piranha Hair Studio in Leeds, England, having his hair styled by Qasim Sajjad at the studio. There were also over 110,000 manicurists and pedicurists, and more than 55,000 skincare . Among the many sub-sectors within this industry, color cosmetics took a hit in 2020, dropping by nearly . Godrej, Great Lengths, and Evergreen Product Group. 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. All the hair comes in a natural black shade that can be bleached and dyed . Mainstream hair brands like Sundial are coming out with new black hair care lines mainly through the acquisition of independent and often black-owned hair product brands. The natural hair movement died out as black people entered corporate workspaces in the 1980s. "They'll be end-to-end distribution for hair products and extensions, and more black-owned beauty . 46. If relaxers do come back in vogue, it wont be for the same reasons : it wont be to normalise your hair style or to find work or because kinky hair is considered ugly. They like taking risks and they encourage women to show off their style! The Canadian personal care and beauty industry amounts to $10.99 billion in revenue in 2022. Unlike at Peckham Palms, other salons sometimes turn away Black people, saying that their stylists are unequipped to serve them. But inside the industry there is growing recognition that change is coming and is long overdue. Then they acquired Soft Sheen Carson who carried the brand Dark and Lovely in the early 2000s and Carols Daughter in 2014. What Rihanna did with Fenty Beauty was heading straight into the mainstream by allowing consumers to find the right products that work for any skin tone, type, complexion etc. 65% of people who worked in beauty in 2020 were self-employed (up from 57% in 2019). However, in 2021, product claims drive black consumer purchases more than ingredient lists. 37% of women have gone to the salon to have their hair permanently colored at least twice in the past year. Do you think that by acquiring Carols Daughter, LOral finally understood that there was something to gain from the natural hair movement? "The Global Black Hair Care Market size is expected to be worth around US$ 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.". Our clients rely on our information and data to stay up-to-date on industry trends across all industries. 12. The market for men's skincare products was worth $12.34 billion in 2021 and is forecasted to grow to $18.92 billion by 2027. There were13,046 barbershopsin the UK in 2019, up 64% from 2014. In 2020, the beauty and cosmetics market fell by 8% as a result of COVID-19. As with Marjorie Joyner, Rose Meta Morgan opened her first salon, the Rose Meta House of Beauty, albeit decades later in 1945, in New York. 11. From 2016 to 2018, black spending on shampoo and conditioner grew 12.2% and 7.3%, respectively. In 2020/21, roughly 6,600 people began an apprenticeship. Hair discrimination is rooted in systemic racism, and its purpose is to preserve white spaces. After years of strong growth, the UKs Covid-19 pandemic naturally hit the hair and beauty industry hard. More than half have been unable to find them. According to one survey, the country has just 314 Afro hairdressing salons out of almost 45,000 registered hair and beauty salons. Yet it remains an open question whether Black women will generally want to be attended to by stylists whose hair textures differ from their own. Styling products are only 16% of the total hair care market, but black people spend 35% of their hair care budgets on styling products. The Afro Hair and Beauty Salon started out as a trade show that professionals from all over Europe attended. The global hair care industrys revenues are expected to hit $12.4B in 2021, up from 2020 revenues of approximately $12B. 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. (IBIS World) #2. Now things have changed, as more thought goes into deciphering digital, marketing and event planning budgets by country or zone. Floral designers in the US earn an estimated $13.48 per hour. The number of hairdressing and barbering apprenticeships in England continues to fall. 58% of black hair care products contained at least one toxic ingredient. In 2017, the sales value of relaxers in . United Kingdom Hair Care Industry Reports . The worldwide cosmetics market will likely reach $582.4 billion by 2027. During the COVID-19 pandemic, black consumers were 2.4 times more likely than the average consumer to purchase hair treatments. 20% of natural hair product consumers express difficulty finding various products suited to their hair care needs. If youve grown up with a certain texture, you know how to manipulate it. In 2018, black consumers spent $473M on hair products, which is 11.3% of sales for the $4.2B hair care industry. Salon capacity fell to 70% of its pre-pandemic level due to social distancing and enforced closures. Given that the Black community is economically disadvantaged, if we could buy from and sell products to ourselves, this would be a great way to . The NHBF reported that 60% of people working in hairdressing and barbering in 2020 were self-employed (up from 54% in 2019).
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