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Hair products industry still has much room for development

Global hair products industry originated in Europe since the 60s from the 20th century to Japan and South Korea focused on the gradual, but as raw material prices and labor costs

The rise in Japan and South Korea to gradually shift production of the main synthetic hair, human hair products and the production is increasingly concentrated to the Chinese mainland. Required from the consumer

Asks for, wig products are mainly used in decoration, special needs work (lawyers, actors), teaching (beauty salon industry), and to compensate for a lack of

Depression and so on. Look from the consumer demand in North America is the most important consumer market, according to forecast the future of the market demand for hair products 16% -18% will remain

About growth. As the Asian market (including China) the concept of gradual change in the consumer, wig products as fashion accessories feature

Become increasingly prominent, thus driving the growth in demand are substantial. In addition, as with the African regional economic development, the demand for black hair products will be on

Continued to show growth.

    Because the terminal hair products are consumer goods, consumption cycle in developed countries is usually a per person / month, each one developing countries / quarter.

The current U.S. market of consumer products in the market valuation of 30 times PE in the level of the market valuation of personal consumer 20 times in about the level of connection and domestic


    2006 to 2008 is expected to hair products market, a steady global growth, supply and demand balance, hair products, market prices remain stable.

General Judgement, the future will be increasingly showing a wig products, consumer goods characteristic fashion, while its rapid consumption (general and synthetic hair winding process

Life cycle of 1-2 weeks) stimulating effect on demand feature is also very important, we believe that development of the industry has great room for growth.