Skincare specialists: 55,000 in 2014 with a 12% expected growth by 2024. Beauty Industry Statistics and Market Research: Global & US. is estimated to be USD 29.88 Bn in 2022 and is expected to reach USD 40.5 Bn by 2027, growing at a CAGR of 6.27%. There are about 1 million hair salons currently active in the United States, providing employment opportunities for about 1.4 million people. Over the period observed, the market value of the. 6. an industry with conservative dress . Written by Amy Filippaios on Tuesday, 17 November 2020. The global natural hair care product market size was valued at USD 8.74 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2020 to 2027. Natural Hair Color Statistics 1. 22% of those women will only have their hair colored in a salon. . (Research and Markets) #2. Stylist . Afro Hair Trends 2021: Braids, Twist Outs, Silk Press - Refinery29 COVID-19's impact on the hair and beauty industry . Rising awareness related to the benefits of natural hair care products is one of the key factors fueling market growth. LONDON-- ( BUSINESS WIRE )--The global hair care market size is poised to grow by USD 4.93 billion during 2020-2024, progressing at a CAGR of over 1% throughout the forecast period, according to. At least 96% of beauty brands have a social media account. Skincare and makeup for men is one of the fastest-growing trends in the beauty industry. This is the new chapter of the black hair industry - Stylist Based on our analysis, the market will exhibit a decline of -4.63% in 2020. 3. Market research firm Mintel estimated the size of the 2012 market at $684 million, with a projection of $761 million by 2017. . The Changing Business of Black Hair, a Potentially $500b Industry • The industry supports 30,800 jobs directly and 18,480 jobs indirectly in the economy. Black women monetarily dominate the hair industry in the UK - accounting for 80 % of total hair product sales. New research suggests Black women with natural hairstyles, such as curly afros, braids or twists, are often perceived as less professional than Black women with straightened hair, particularly in industries where norms dictate a more conservative appearance. 6. PDF THE VALUE OF BEAUTY - The British Beauty Council Payday, Predatory Lenders Racked Up Record Profits in 2020 31 Beauty Industry Statistics for a Fabulous 2022 Most Recent Contracts . Industry Statistics; Governance. One was my answer before this piece, a crying shame given the vitally important progress the new wave of black hair entrepreneurs is making on both sides of the Atlantic. Welcome to Black Beauty & Hair magazine's online platform The study also found. 5,209.0. Global Black Haircare Market Segment Outlook, Market Assessment ...
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