Key Highlights:
Hair, as we all know, is one of the most important factors that enhances a person's appearance. The increasing demand for wigs, hair extensions, and other hair-related products has caused a boom in the human hair trade market in recent years. This market, which was formerly rather unknown, is now a multibillion-dollar sector with intricate supply chains and moral dilemmas.
However, very few people are aware that it is essential to many industries and serves functions beyond just making one look more attractive. In this blog, we will delve into the intricacies of the human hair trade market, exploring its key players, ethical concerns, and ways to find out human hair buyers, exporters, and HS codes.
At a compound annual growth rate (CAGR) of 10.41%, the global market for human hair extensions is expected to increase from USD 4.45 billion in 2023 to USD 10.78 billion by 2032.
The global market for hair wigs and extensions is expected to grow at a compound annual growth rate of 8.4%, from USD 6.46 billion in 2022 to USD 12.27 billion by 2030.
The following are some of the elements propelling the hair extension market's expansion:
Indian hair is highly regarded for its quality and is well-liked all over the world due to its malleability and ability to be straightened and curled.
The majority of human hair exported from India is derived from donations made to temples, one of the main sources being the Tirumala Tirupathi Devasthanam. Salons are among the additional sources.
Since human hair is preferred over synthetic blends when creating wigs, hairpieces, extensions, and braids, the human hair business is booming in India. The market for human hair is expanding and is setting the standard for export and production.
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Indeed, India has just permitted the export of human hair. However, there are certain restrictions in place. The Indian government banned the export of raw human hair in October 2023 to stop smuggling and promote homegrown hair processing.
Exporters must obtain a license from the Directorate General of Foreign Trade (DGFT) to export raw human hair. Processed human hair is exported in the form of weaves, extensions, and wigs.
The value of raw human hair exported from India in 2021 was $383 million USD, according to data on the export of human hair; in 2022, the value of human hair and related products exported from India was estimated to be around 770 million USD.
According to data on human hair exports, India accounts for over 90% of all exports worldwide and is the largest market. Millions of people work in India's $1 billion hair industry.
The top export destinations for Indian human hair are China, Europe, and the United States, according to the list of buyers of human hair. These industries are driven by the growing demand for wigs and other hair products made from Indian hair.
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Human hair export from India increased dramatically in the last few years, from $149.07 million in 2021–2022 to $169.23 million in 2022–2023. Also, as a result of the new limitations and licensing system, the cost per kilogram went from $5 to $69 in addition.
India shipped $14.6 million worth of human hair, mostly to Bangladesh ($197,000), Burma ($10.6 million), Italy ($2.72 million), Singapore ($427,000), and the United Kingdom ($249,000).
Based on human hair import data, $203k worth of human hair was imported by India in 2022, primarily from Italy ($203k) and the United Arab Emirates ($72).
The world's biggest importing nations of this commodity group in 2022, according to export-import data on human hair, are:
So, the largest importer of human hair is Myanmar. The global export market for "human hair, unworked, whether or not washed or scoured; waste of human hair" was estimated to be worth $148 million in 2022 based on data from 35 countries. Data on the import and export of human hair showed that it was $205 million in the previous year.
The top 3 exporters of human hair are Singapore, Pakistan, and India, according to data on imports and exports of human hair. In terms of dollars, Asian exporters sold the most human hair in 2022, with shipments totaling $152.5 million, or 97.2% of the total worldwide. Also, explore the list of human hair buyers, human hair import data, human hair exporters, and HS codes from our dedicated data-driven platform.
Now, explore the major human hair exporters list!
Based on the human hair exporters list, the top exporters of human hair in 2022 are:
So, these are the top human hair exporters worldwide. Also, Indian hair is highly favoured due to its superior quality and texture. In addition, these are well known for being silky, gentle, and robust. It is also available in a variety of colours and textures, making it suitable for a range of hair products. Exports of human hair in significant quantities are also made by other countries. These countries frequently have a big population of people with beautiful hair and a flourishing hair industry.
Despite India's sizable hair market, numerous resources exist to locate importers and exporters of human hair. Out of which, here are some pointers for finding a reliable buyer and importer of human hair in India or a well-researched hair export process.
Conclusion!
You now know everything there was to know about the thriving human hair industry in India. The industry has developed from a customary practice to a cutting-edge, contemporary field that makes a substantial economic contribution to India.
There are many human hair wholesalers in the world, and they are all different. China, India, and Vietnam are home to the majority of them. Ensure that the product you choose to buy your wholesale human hair from is of high quality.
Additionally, get in touch with the Eximpedia.app platform if you require any kind of support with human hair import export data, human hair exporters list or human hair buyers in India. Our experts are available to assist you in expanding your trade company in the global marketplace at all times.
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India accounts for 93% of the world's exports of human hair, making it the largest exporter of human hair. In 2023–24, India exported human hair worth $138 million.
Yes, it is allowed to export human hair worldwide. The top exporters of human hair include India, Singapore, Brazil, Japan, and Italy.
The first and foremost thing for exporting from India is to obtain an export license. Apart from it, there are a few more documents required that vary depending on the designation country and your product categories.
The demand for human hair is increasing due to cultural changes and the booming fashion industry. So, it would be a profitable venture if the right markets of human hair were tabbed at the right time with the right strategies.
Yes, the hair business is legal in India. But for international trade, exporters must need to apply for export authorizations online through the DGFT's ECOM system.
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