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China's hair products business is growing steadily
- Dec 07, 2018 -

Driven by the steady development of the global economy, the global hair products consumer market has developed rapidly. In the past five years, the global hair product consumer market has grown at an average annual rate of 19.87%. With the gradual recovery of the global economy, the global market for international hair products is active, and with the strong demand for emerging hair products such as Africa, by 2015, the global hair products consumer market will reach more than 12 billion US dollars in the next five years. The average annual growth rate will remain at around 15%, which brings great development opportunities for the export business of China's hair products.

In recent years, the annual growth rate of China's hair products export business has reached 22.11%, which is higher than the growth rate of the global hair products consumer market by nearly three percentage points. In the next few years, along with the steady growth of the global hair products consumer market and the steady development of international trade, China, as the world's largest hair products production base and exporting country, will maintain its export business development trend with the global hair products consumer market.