African haircare industry surges ahead

Can Africa successfully turbo-charge the global hair care industry?
By: Spire Research and Consulting
 
GURGAON, India - April 25, 2018 - PRLog -- The African hair care industry has been among the fastest growing across the content over the past few years. The market is expected to grow in value to USD761 million by the end of 2017.

Various factors are responsible for this steady growth, such as the global trend towards chemical-free hair products as well as growing acceptance of the natural texture and colour of African hair.

The increase in the younger population in Africa, paired with the exposure to the Western culture are also fueling the growth of the haircare industry.

However, the pricing model is a challenge. Natural hair products are generally made with higher quality ingredients, unlike cheaper petro-chemical based ones. The battle to persuade consumers to pay higher prices has not yet been concluded.

Can Africa turbo-charge the global hair care industry?

To get more information, you can visit our Spirethoughts sub-section under newsroom section on our official website by clicking here at https://www.spireresearch.com/newsroom/spirethoughts/afri...

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