Have you ever wondered why you can buy hair from China with a dirt-cheap price or why they can prepare your order with a warp speed? The world’s factory attracts investors and entrepreneurs globally to take a stake in the business, especially in Chinese hair extensions with a vague belief that they provide the best price. Albeit, does it come with good quality? This editorial with all MUST KNOW THINGS about Chinese hair extensions and TOP 3 OUTRAGEOUS SECRETS you never know behind its breakneck growth.
I. MARKET ANALYSIS – CHINESE HAIR EXTENSIONS
China is expanding its market and heading for becoming the leading figure in the global import and export industries. Over and above, Chinese hair extensions are not of exception. According to recently updated statistics from World Bank in 2018, China stands as the runner-up competitor in the global hair market with approximately 3 million kilograms export of this commodity.
2. COVID-19 PANDEMIC REPERCUSSION
COVID-19 epidemic has a profound impact on the second-largest economy in the first quarter of 2020. Specifically, the outbreak has lead to business suspensions of many big hair distributors of the country, such as ChangjingHair Co., Zhualing Extensions, etc. Moreover, the challenge to China’s economy is just beginning, as cited in Time Magazine, 2020.
For more information and details of the hair business market 2020 as well as expert tips for your business, follow the link below:
3. PRODUCTS: QUALITY AND PRICE
The graph below denotes the distribution of wig and hair extensions export from China updated in Statista, 2020.
Chinese hair extensions are like a hotpot with diverse grades of quality. Therefore, the price of commodities varies accordingly. In general, 3 grades of quality and price are registered in the industry.
- SYNTHETIC HAIR EXTENSIONS
This type of hair used to be very popular among consumers in the last 20 years. However, when the living standard improves, this hair extension is losing its prevalence. Currently, Chinese synthetic hair extensions account for 20.1% are just only distributed to regions with financial hardships.
- MIXING HAIR EXTENSIONS
This grade of quality is becoming more and more popular in China’s hair market, represent nearly half of the hair extensions China export. With this category, Chinese factories will collect materials mostly from India and combine it with the synthetic fibers to lower the price.
- HUMAN HAIR EXTENSIONS
Human hair extensions are the spanking new quality of the Chinese hair extensions market to carter to the demand of picky customers. Remarkably, this grade comes mainly from Vietnam. According to the summit meeting VOIEF 2020 ( Vietnam Online Import& Export Forum) on July, 18th 2020, 80% of high-quality hair in China is originally imported from Vietnamese hair factories.
II. TOP 3 OUTRAGEOUS SECRETS – CHINESE HAIR EXTENSIONS
1. LARGE-SCALE PRODUCTION: An outstanding component
Production in large-scale is the prominent factor that makes China among the leading hair distributors in the world. Particularly, each manufacturing unit has about 500-1000 workers with numerous storehouses. Therefore, China is always ready to provide a large quantity of hair extension products for the global market.
2. ORIGIN: Where do Chinese hair extensions come from?
Have you ever wondered about the origin of Chinese hair extensions? Here is the answer!
- Limited material from domestic sources: 10-20%
- Import from India: 40%
- Import from Vietnam: 20%
- Import from other countries: 20%
( Sources: Hair Extensions Market Research 2019, Google AdWords campaign – for Hair Extension Business)
3. A ROBUST INVENTORY – Why?
Do you know why some Chinese hair factory still can distribute their commodities worldwide IN ANY CASES, even during the COVID-19?
It’s because they manufacture hair in large quantities and keep them in the warehouse. After that, they make use of chemicals, as preservatives, to keep the hair fresh. Therefore, hair vendors can purchase and fill their stock perfectly with the Chinese hair extensions at lightning speed even when the manufacturing activities are suspended.
III. EXPERT ADVICE
When choosing the stock from Chinese hair distributors, hair vendors should get to know the demand of customers and the pros and cons of each type.
1. SYNTHETIC and MIXING HAIR EXTENSIONS:
- PROS: dirt-cheap price, always available
- CONS: low-quality (easily gets tangle, shedding), lasts from 3 to 6 months.
2. HUMAN NATURAL HAIR EXTENSIONS:
- PROS: high-quality, lasts from 3-5 years
- CONS: not always available in stock
3. What to choose?
There are 2 options for your business development:
- If you want to stay in small-scale business and sell your goods to your customers once only, make a start with the synthetic and mixing hair extensions!
- If you want to build a big and long-standing business and get profits from it, natural hair extensions are your ideal choice.
WHEN YOU ARE OUT OF QUALITY, YOU ARE OUT OF BUSINESS
IV. SOURCES OF HIGH-QUALITY CHINESE HAIR EXTENSIONS
K-HAIR factory is the leading hair supplier in Vietnam. With more than 30-year experience in the hair business market, K-HAIR has provided natural hair extensions for more than 100 hair factories and trading corporation in China, including ECI Corporation, LiWei Hair, Chanjang Co., etc. Additionally, the motto: QUALITY IS KING brings K-HAIR the position as the most reliable supplier of high-quality hair for this big and lucrative market and many other big hair vendors all around the world.
Contact Mrs. Jasmine Expert from K-Hair factory to get a off-base equal opportunity for your business and special COVID-19 promotions:
2. PingHair Co.
PingHair Co is a new player in the hair business market but quickly gains a reputation as a reliable hair distributor in China. Established in 2015, the company has specialized in providing natural hair extensions for small factories and retail stores in the northern part of China.
BeLaidHair Extension, previously known as BeLayla Hair, is a commercial trading company. This company will purchase hair from many different factories in Vietnam, including the K-Hair factory, and send the hair to China. Because of its business method, the price of its hair is higher than directly from the factory. However, it still arouses interest due to great customer services.
In conclusion, it’s obviously seen that Chinese hair extensions are broadly diversified and varied. Therefore, getting a whole picture of the world’s factory is a crucial thing before kicking your business off. Whatsoever, providing the best quality is the only way to build your business as a top brand as well as attract and retain your customers.