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Monday, March 19, 2012

IBISWorld added a report on Black Hair Product Manufacturing

(origin)
OK..the original title was just too long but you get the gist of what I'm trying to say.  Basically we are being researched a little deeper or at least a lot of the products we use on our hair is.  


Let me tell you a little about IBISWorld:


Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US www.prweb.com/
 
Well, IBISWorld noticed how many products are out here specifically for our hair.  We have a vast array of shampoos, conditioners, (Yes, even relaxers)  that are so necessary that the recession (I call a full blown depression) has not made a huge dent in the market for these items.  Because of this and because many products are swaying to the Natural demand and creating more items for non-chemically treated women,  IBISWorld has added a African-American hair product manufacturing industry report to its collection of reports.

What does this all mean?  Well...

IBISWorld’s African-American Hair Product Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends. http://www.ibisworld.com/

This is all about business and it seems we are taking care of our own business!  Now, not 100% sure how many of these manufacturers are black owned but I'm hoping it's a significant amount.  We (Naturals) are going beyond the easy way and finding what works for us and many of us are using black owned.  More and more of us are coming out on the market with products for our hair and I'm sorry but that is how is SHOULD be if you ask me.  

So, I'll keep a look out to see if the black-owned is making a serious dent in this market.  Please let me know if you hear of any stats on black-owned hair manufacturers.  I'd love to share with the rest of you!

Stay business-minded Naturals,
Sabrina


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2 comments

  1. I think that this is cool. I'm all for supporting black owned companies.

    ReplyDelete

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