Brands of hair weave

Brands of hair weave

Say Word!! If you didn’t think hair weave wasn’t a money making business. It’s time to give it a second thought.

Now,if you’re thinking hair weaves could only be big business in the hood,think again. The haircare industry is not only big in the United States but it’s huge in Africa… A multi-billion-dollar industry in Africa.

It’s estimated that $1.1 billion of shampoos,hair lotions and relaxers were sold in South Africa,Nigeria and Cameroon just last year. And believe it or not,the haircare market in these countries is expected to grow by at least 5% from this point to 2018.

And get this… Weaves,extensions and wigs bring in as much as $6 billion a year. That’s crazy! L’Oreal,South Africa,executive Bertrand de Laleu says,“African women are probably the most daring when it comes to hair styles.” He also later states that weaves and extensions were almost unheard of there about a decade ago. Today,there are more than 100 brands of hair products in Africa.

By: Tim Boyle Getty Images News

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