Black Hair Industry Generates Billions ....Just Not For The U.S.
African American men and women spend billions of dollars on hair care and most U.S. beauty supply and convenient stores are missing out on it.
Mintel shows black hair care industry at more than 2.5 billion dollars and that is not even including wigs, styling products, hair accessories and then some so really the industry is worth way more than that!
Most of African American hair products and hair extensions are purchased through other countries such as China, India and Malaysia.
Needless to say, there is a lot of money to be made in the African American hair industry because it is such a high demand. With all the different textures and styles whether natural or chemically induced; the products alone can bring in so much income!
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