A new market research by Euromonitor International has revealed that last year (2013), women in Nigeria, South Africa and Cameroon alone spent a whopping $1.1 billion on their hair, Reuters reports.
It also includes purchases on shampoos, relaxers and hair lotions.
In a quick chat with a woman, Esther Ogble in Abuja, she said “I need to braid my hair so that I will look beautiful”. The 25-year-old said this while wincing as her hair was being combed, tugged, and woven.
The reporters also made reference to Muma Gee who recently said that shespends half a million Naira on her hair.
According to the report, the boom has attracted global brand likes L’Oreal and Unilever.
37-year-old Josephine Agwa in Wuse, Abuja says “The ones that don’t want to come (to the shop), they call us for home service.”, while a 20-year-old South African student says “I get bored if I have one style for too long.”
The demand for hair products and human hair extensions is constantly growing. The analysis does not include sales from other sub-Saharan countries.
-BellaNaija