Hair industry is the combination of many different hair business forms. In the hair extension industry, people can choose to run hair stores or hair salons. They can also learn to become hairstylists or hairdressers. In addition, they can be hair models as well. All the jobs play a part in making the hair extension industry a billion-dollar sector. Below are 8 specific reasons why this industry is so meaningful and loved.
8 Things Which Make The Hair Industry So Meaningful
1. Top 8 things which make the hair industry so meaningful
Hair industry helps create many jobs
As mentioned, the hair extension industry includes many jobs such as hair sellers, hair salon owners, hairdressers, hair stylists, hair professionals and hair models, etc. This is crucial in solving the unemployment issue. Supposing the hair extension industry did not exist, millions of people could not make ends meet now.
Hair extension business is also free and easy to start. Anyone with passion can learn and choose a field to work in. This is also the reason why jobs in this industing is increasing day by day.
Hair extension sale is extremely lucrative
Needless to say, selling hair extensions is a lucrative business at the moment. Hair extension business is reported to be a billion-dollars industry. This is a good point to the economy.
Hair extension sales can be in the form of wholesale or retail. Both are beneficial. In addition, hair vendors can choose to run the business either offline or online, which is pretty convenient.
Hair extension sale is extremely lucrative
Hair extensions boost people’s beauty and confidence
Hair extensions are the spirit of the hair industry. They are not only lucrative items but also useful accessories. Hair extensions are diverse in types and styles, so users can create any amazing look they want. Having a nice hairstyle, of course, boosts people’s beauty and confidence a lot.
In addition, towards people with hair issues, hair extensions can be even considered a weapon against inconfidence. To people with hair loss or scalp diseases, hair extensions are what they need to appear comfortably.
Many hair extension items in the hair industry
Hair stylist is a creative and inspiring job in hair industry
Hair stylist is one of the best jobs in the hair extension industry. Hair stylists are the ones who make changes to other people’s hair situations. They need to grasp all techniques such as cutting, trimming, perming and styling the hair.
This is an interesting job that requires high creativity and aesthetics. In exchange, they get the joy of being a part of inspiring people with their hairstyle and their beauty.
Hair stylist is a creative and inspiring job in hair industry
Hairdresser is an interesting job
Hairdresser or hair stylist is definitely an interesting job. How can it not be amazing when you can meet people, talk with them, give them consultancy and give them the best hairstyle they desire! How lovely it is to see people with their satisfactory smiles!
In addition, hairdressers also get the chance to travel a lot. Hence, they learn about the hair trends and unique hair extension techniques in different regions of the world. This is not only mind-broadening but also memorable.
The work of hair stylists/hairdressers
Professionals in hair industry help people with hair issues
Hair professionals devote their time to researching and solving hair issues. Hair loss, hair damage or scalp diseases are quite popular nowadays. These issues cause terrible sorrow to many people.
Hair professionals help to create treatments against them.This is a truly meaningful work that brings joy to suffering people.
Professionals in hair industry help people with hair issues
Working in hair industry brings about many opportunities
All the jobs mentioned above do not cover all the hair extension industry. In fact, there are dozens of other related fields such as hair extension models, hair magazine editors, hair bloggers or hair care suppliers, etc.
Each work brings the opportunities to travel, meet new people, exchange culture and learn new knowledge, etc. There are hundreds of chances waiting for people to discover and master.
Working in hair industry brings about many opportunities
Hair industry connects people all around the world
After all, in the hair extension industry, no matter which field you are in, you all have the chance to connect with people all over the world. If you are a hair extension vendor, you definitely need to connect with exporters worldwide at trade fairs where the hair sources are from. If you are a hairstylist, you connect with customers who can be from any ethnic. Being a hair professional, you may have the chance to travel and join hair webinars to learn about hairstyles, hair extensions, natural hair issues all around, etc.
These are amazing chances not only for the business but also culture sharing, relationship building and memory creating. The hair extension business just brings people close together to create amazing values.
Trade fairs that bring people together
2. Hair industry statistics
Following are top 10 facts about hair extension industry:
- In 2021, the worldwide hair market size was valued at USD 6.13 billion. Its growth rate is supposed to be 8.0% annually.
- The market size value in 2022 was USD 6.46 billion.
- Revenue forecast in 2030 for the industry is USD 12.27 billion.
- The worldwide lockdown due to COVID-19 pandemic had a significant impact on the general personal care and beauty industry, including hair extensions and wigs.
- The increasing use of hair extensions and wigs to hide the issue of alopecia is further expected to boost industry growth in America.
- The dominating product segment in 2021 was the wig segment with a revenue share of 75.2%.
- In terms of hair type insights in 2021, the human hair segment was the dominating one which accounts for 66.1% of the overall revenue.
- In terms of regional insights, North America was the region with highest use of hair extension products in 2021 (40.85%)
- Forecasted growth rate is CAGR of 8.0% from 2022 to 2030.
- Some of the key players in the hair extension and wig market include Indique Hair, Godrej Consumer Products Limited, Evergreen Products Group Limited., Klix Hair Extensions, ALERIANA Wigs, Donna Bella Hair, F.N. Longlocks, Artnature Inc., Aderans Co., Ltd., and Shake-N-Go, Inc.
In conclusion, working in the hair industry is a special thing that anyone should try if you have the chance. No matter which sector you choose, it always plays an important part in making the hair extension industry a valuable and meaningful business.
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