13-Oct-2023
Are you looking for human hair importers and exporters in India? You've come to the right place if you require authentic market information, business opportunities, and the market size of human hair. As we know, hair is one of the most crucial components that contribute to increasing a person's beauty. But very few people know that it serves various purposes beyond enhancing attractiveness, making it a vital part of numerous industries.
Based on human hair export import data, the export value of human hair reached 607.8 million dollars in the fiscal year 2023. With this incredible growth, lucrative opportunities have been opened for human hair exporters and wig manufacturers.
So, what will the scenario of the human hair market be like in 2023?
This blog will explore the human hair buyers in India, industry-wide trends, business opportunities, a market analysis report, and an importer list of human hairs.
In recent years, wholesalers of human hair have experienced a sharp increase in popularity. Many human hair wholesalers are entering the market to fulfill the growing demand for hair extensions.
The human hair industry is flourishing, as human hair is preferred over synthetic blends for making extensions, braids, wigs, and hairpieces. The demand for human hair has been increasing and leading the way in production and export.
You must know that Indian wholesale hair sellers obtain hair from donors in salons and temples. Hair has significance in Indian culture, and those who donate it to their gods will please them. As a result, a considerable number of people visit temples to pray. Hair vendors have an extensive source of hair besides salons.
India had established an extensive export hub for a wide range of goods. India is a trendy export destination for everything from jewels to chemicals, coffee, engineering items, and even fruits. Despite this, India is the country with the biggest market for human hair globally.
Are you aware? Because the human hair found in this nation is of the highest quality, has a rich texture, and is of high strength, India is the second-largest exporter of raw human hair globally.
Yes, recently, India has allowed the export of human hair. There are some limitations in place, though. To prevent smuggling and encourage domestic hair processing, the Indian government restricted the export of raw human hair in October 2023.
Exporters must obtain a license from the Directorate General of Foreign Trade (DGFT) to export unprocessed human hair. Processed human hair can be shipped in wigs, extensions, and weaves.
In 2021, India exported raw human hair worth $383 million U.S. dollars, and the worth of human hair and related products exported from India amounted to approximately 770 million U.S. dollars in the year 2022, according to human hair export data.
Over 90% of the global human hair exports come from India, as per human hair export data, which is also the most significant market. The billion-dollar Indian hair industry employs millions of people.
Based on the human hair importers list, the United States, Europe, and China are the top export destinations for Indian human hair. The rising demand for wigs and other hair products derived from Indian hair fuels these industries.
Indian hair is prized for both its texture and quality. Indian hair is renowned for being resilient, soft, and silky. It is suited for various hair products because it is also offered in an extensive range of colors and textures.
Based on human hair export import data, the world's largest importers of this commodity group in 2022 are:
Myanmar - 31% of the world's imports ($17.3 million)
Austria - 30% ($16.8 million)
Italy - 11.6% ($6.4 million)
Singapore - 7.64% ($4.19 million)
Sweden - 6.59% ($3.62 million)
According to export data from 35 nations, the global exports of "human hair, unworked, whether or not washed or scoured; waste of human hair" were valued at $148 million in 2022. human hair export import data, it was $205 million the year before.
Based on human hair export import data, India, Pakistan, and Singapore are the top 3 human hair exporters. With shipments worth $152.5 million, or 97.2% of the global total, exporters in Asia sold the most human hair in terms of dollars during 2022.
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Based on the human hair exporters list, the top exporters of unworked, whether or not washed or scoured, human hair waste in 2022 are:
India - 93% of the world's exports ($138 million)
Singapore - 2.56% ($3.81 million)
Brazil - 1.31% ($1.95 million)
Japan - 0.485% ($721 thousand)
Italy - 0.419% ($622 thousand)
Indian hair is highly regarded for both its texture and quality. Indian hair is renowned for being resilient, soft, and silky. It is suited for various hair products because it is also offered in multiple colors and textures. Significant amounts of human hair are also exported from other nations. These nations often have a sizable population with excellent hair and a thriving hair business.
Although India has a significant hair market, many platforms exist to find human hair importers and exporters. Therefore, you should be careful to avoid being scammed. Here are some tips for seeking an accurate importer and buyer for human hair in India.
1. Look up the information online: Hair retailers use online platforms to reach a wider audience. Therefore, employing search engines and social networking sites will help you find the top Indian wholesale hair providers. Reputable hair suppliers will provide all the relevant details openly and understandably.
2. Market Research Platform: Importers and buyers of human hair are included in various online platforms. I recommend you visit ExportImportData.in, as it provides the best human hair export import data, India trade data, and much more. Also, these online platforms can serve as a helpful starting point for your search; you can also obtain updated human hair buyers in India.
3. Government Website: You can obtain market insights such as human hair importers and exporters lists from websites like the Niryat Portal. These government websites help to provide the data, but for updated and accurate market insights, you can hire an online platform like ExportImportData.in, Seair Exim Solutions, or EximPedia.app. These are the top export-import data providers in India.
4. Trade fairs: Attending trade shows is a terrific opportunity to connect with potential buyers and importers personally. Numerous trade shows, such as the Cosmoprof trade shows, are devoted to the human hair industry. These trade shows also help you find the human hair importers list and much more.
5. Trade journals: Trade journals like "Hair International" and "Cosmetics Business" publish listings of importers and purchasers of human hair. However, these trade journals only sometimes update their export-import data. For this, you need professional guidance or a market research platform to gain current market trends,competitor lists, buyer lists, and supplier lists. You can obtain all these relevant details from sources like the ExportImportData platform.
One of the most promising sectors in the economic world is India's human hair industry. The wide variety and conventional beauty criteria that dark Indian hair meets make it extremely popular. Additionally, hair extension clubs from all over the world favor the high-quality, dark, and somewhat wavy textures of Indian human hair. And only "virgin hair" is used in the hair industry.
The market for human hair has a promising future. Human Hair Import Export Data shows that the demand for human hair extensions is expected to increase from USD 4.06 billion in 2022 to USD 7.90 billion in 2030, with a CAGR of 8.58%. The human hair industry is additionally starting to place more emphasis on sustainability. Many businesses get their hair from trustworthy vendors like temples and salons.
The future of the human hair industry is generally promising. The market is expected to grow in the upcoming years due to increasing demand, rising disposable incomes, and technological developments.
That was all you needed to know about India's booming human hair industry. The industry has evolved from a traditional practice to a modern and innovative sector, contributing significantly to the Indian economy. There are numerous wholesalers of human hair worldwide, each with unique qualities. Vietnam, China, and India are where most of them are found. Make sure you are obtaining a quality product wherever you decide to obtain your wholesale human hair. Moreover, if you need any type of assistance regarding the human hair import export data or human hair buyers in India, connect with the ExportImportData.in platform. Our professionals are always there to help you grow your trade business in the international market.
Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
