{"id":25031,"date":"2024-07-22T09:21:24","date_gmt":"2024-07-22T09:21:24","guid":{"rendered":"https:\/\/jobera.com\/?p=25031"},"modified":"2024-07-22T09:21:24","modified_gmt":"2024-07-22T09:21:24","slug":"black-hair-industry-statistics","status":"publish","type":"post","link":"https:\/\/jobera.com\/resources\/black-hair-industry-statistics\/","title":{"rendered":"Black Hair Industry Statistics: Facts and Trends [2026]"},"content":{"rendered":"\n

Market Value and Growth<\/h3>\n\n\n\n
    \n
  1. The black hair care industry is worth $2.5 billion.<\/li>\n\n\n\n
  2. The global hair extensions market, a significant segment of the black hair industry, is projected to reach $2.8 billion by 2024.<\/li>\n\n\n\n
  3. Hair wigs and extensions are expected to generate over $10 billion in global sales by 2023.<\/li>\n\n\n\n
  4. The worldwide hair-weave market is set to hit $5.9 billion by 2026.<\/li>\n\n\n\n
  5. By 2026, hair care products tailored for black consumers are anticipated to be valued at approximately $6.9 billion.<\/li>\n<\/ol>\n\n\n\n

    Consumer Spending and Preferences<\/h3>\n\n\n\n
      \n
    1. Black consumers spend nine times more on hair care products than other ethnic groups.<\/li>\n\n\n\n
    2. African American women invest an average of $54.14 monthly on hair care products.<\/li>\n\n\n\n
    3. Black women collectively spend around $1.7 billion annually on hair care items.<\/li>\n\n\n\n
    4. 85% of African Americans use hair care products specifically designed for their hair type.<\/li>\n\n\n\n
    5. 52% of African American women in the U.S. prefer products crafted for flex hair.<\/li>\n\n\n\n
    6. 36% of African American women in the U.S. favored natural hair over chemically treated options in 2020.<\/li>\n\n\n\n
    7. The percentage of black women desiring their natural hair texture rose by 23% from 2017 to 2020.<\/li>\n\n\n\n
    8. Styling products were the most popular hair care item among African American women in 2019.<\/li>\n<\/ol>\n\n\n\n

      Sales Trends and Market Shifts<\/h3>\n\n\n\n
        \n
      1. Sales of relaxers in the black hair care sector fell by 26.2% from 2010 to 2015.<\/li>\n\n\n\n
      2. Hair coloring sales in the black consumer market hit $26 million in 2021.<\/li>\n\n\n\n
      3. Black consumers spend about 80% of their hair care budget in beauty supply stores.<\/li>\n\n\n\n
      4. Hair care market sales among black consumers in the U.S. grew by 13% in 2020.<\/li>\n<\/ol>\n\n\n\n
        \n
        \n

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        Industry Dynamics and Ownership<\/h3>\n\n\n\n
          \n
        1. Black consumers represent 25% of the ethnic hair care and beauty market.<\/li>\n\n\n\n
        2. The number of African American-owned beauty supply stores surged by 75% between 2014 and 2019.<\/li>\n<\/ol>\n\n\n\n

          Summary<\/h3>\n\n\n\n
            \n
          1. The statistics highlight the economic impact and consumer trends within the black hair care industry, including high spending on specialized products, a growing preference for natural hair, and significant market growth projections.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

            Market Value and Growth Consumer Spending and Preferences Sales Trends and Market Shifts If you found this article interesting, you\u2026<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[136,132],"class_list":["post-25031","post","type-post","status-publish","format-standard","hentry","category-statistics","tag-hair","tag-looks"],"_links":{"self":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts\/25031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/comments?post=25031"}],"version-history":[{"count":0,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts\/25031\/revisions"}],"wp:attachment":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/media?parent=25031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/categories?post=25031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/tags?post=25031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}