HUMAN HAIR PRICE FORECAST
Like diamonds, gold, and oil; raw human hair is a precious commodity and in high demand.
The prices for raw human hair are expected to increase substantially in the first quarter of 2008. This means hair
companies manufacturing human hair extensions, wigs, hairpieces and their distributors will be raising prices on
all human hair products, across the board.
The demand for human hair is at an all time high. Why? Hollywood stars are no longer shy about revealing their
hair secrets, such as,
human hair extensions and human hair wigs. In fact, celebrities like
Jessica Simpson and
Paris Hilton have their own line of clip in human hair extensions. All of this hype is driving the human hair
market and is only expected to increase in 2008. The demand for human hair for hair extensions and wigs peaked in the
1960's then plummeted when less expensive synthetic hair saturated the market. The human hair market
experienced a resurgence in 2006 when Jessica Simpson,
Ken Paves, and Hair U Wear joined forces to create
Hairdo, a collection of synthetic and human hair extensions. Today, real human hair extensions are back in
fashion with the US and Great Britain consuming most of the world's market for human hair. Hair salons regularly
charge anywhere from $500 to $3000 and quality
clip-in human hair extensions range from $200 to $400. Last
year alone the human hair extension market was worth over 300 million dollars.
With the increased demand the supply of quality human hair is becoming difficult to sustain. Most of the world's
human hair comes from India and China. The most sought after and rarest human hair is European human hair
because of its thin denier. In order to make human hair extensions or wigs the hair must be 'virgin' hair.
'Virgin' hair means the hair has not been chemically treated. Hair that is chemically treated can not be used to make hair
extensions or wigs. Nowadays, especially in developed countries, more and more women are color treating their
hair. 'Virgin' hair is almost non-existent in the United States and Europe. In countries like India and China, as they
adopt less traditional practices and the popularity of hair coloring continues to rise raw human hair is becoming
harder to find.
The prices of human hair extensions, wigs, and hairpieces are expected to rise by approximately 20 percent.
Extensions.com, and other human hair distributors, will increase prices on all human hair products in the in the
first quarter of 2008. Human hair is already a luxury item and the price tag will soon reflect the value of this hot
commodity. Global economic expansion is driving the biggest price increase human hair ever has ever
experienced. The prices have not changed yet but the increase is on the horizon. Benefit from today's low prices
while they last.
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