Africa’s multi-billion dollar hair care industry is seeing more indigenous brands and consumers rooting for the natural look. Also in existence – a ‘hair mafia’.
“For example, Ethiopia saw 40% growth and Ghana 20%…What we need to be careful about when talking about countries experiencing double-digit growth though is that very often they are growing from a low base…sometimes it is because of urbanization, an increase in disposable income and economic growth,” she tells FORBES WOMAN AFRICA. The industry has been growing quickly for close to a decade. According to a Euromonitor report, in South Africa, hair care was one of the fastest-growing categories between 2010 and 2015 with sales climbing 38%. Ethnic hair care products are seeing the biggest growth.
“Demand for Caucasian hair care was slow-moving in 2017 due to a lack of innovative products and new product launches. However, sales were more dynamic for ethnic-related products,” says Euromonitor in another report.
Key players in the industry are already changing their strategies to meet new demand from black consumers.
For example, in 2016, the L’Oréal Group launched a Research & Innovation Centre in South Africa to study African hair and expectations of sub-Saharan consumers.
Denne historien er fra September/November 2018-utgaven av Forbes Woman Africa.
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Denne historien er fra September/November 2018-utgaven av Forbes Woman Africa.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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