Ethnic Hair Care Industry Statistics. This market report also includes market size share current market trends industry growth and statistics. Large multinationals such as Revlon LOréal and Alberto-Culver are increasing their stakes in this market by acquiring companies that cater to the unique hair care needs of African consumers.
Black hair care products make up the largest single group of this market. PRODUCTS OPERATIONS TECHNOLOGY. Rising aging population and growing trend in the fashion industry are anticipated to accelerate the market growth.
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.
Hair is foundational to Black consumers looks so they will continue to buy haircare products during lean economic times. African-American men and women spend billions of dollars on their hair but US. This market report also includes market size share current market trends industry growth and statistics. Luxury hair care market value in the US.
