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North American is the main market for hair products
- Dec 07, 2018 -

From the global hair products consumer market, the North American market is the main market for hair products consumption, accounting for the largest proportion of consumption, followed by Asia, Europe and Africa. In 2006, North America's hair products market sales were 162.6 billion US dollars, and rapidly increased to about 3 billion US dollars in 2010, reaching 2.927 billion US dollars, the average annual compound growth rate in the past five years reached 15.83%; Europe as In the traditional consumer market, the average annual growth rate in the past five years is 18.12%. 1 Africa, as an emerging market, has developed rapidly in recent years, from 158 million US dollars in 2006 to 790 million US dollars in 2010, with a compound annual growth rate exceeding the average. More than 49%; with the improvement of people's consumption level and the change of consumption concept, Asia has developed rapidly in recent years. It is second only to Africa's development continent. In 2010, the hair products consumption market exceeded US$1.3 billion for nearly five years. The compound annual growth rate has reached 19.45%.