Topics: Manufacturing, Industry, Marketing Pages: 3 (694 words) Published: March 22, 2012
Wig & Hairpiece Manufacturing in the US: Market Research Report

Industry Analysis & Industry Trends
Splitting hairs
The domestic industry will continue to face rising competition from imports, as foreign manufacturers produce wigs and hairpieces at a lower cost. Nevertheless, the US Wig and Hairpiece Manufacturing industry will benefit from several trends over the next five years. In particular, the aging population will result in greater hair loss among individuals, boosting demand for wigs and hairpieces. Furthermore, improved disposable incomes will support revenue growth, as individuals renew their spending on aesthetic industry products.... purchase to read more Industry Report - Industry SWOT Analysis Chapter

The Wig and Hairpiece Manufacturing industry is in the mature phase of its life cycle, highlighted by steady long-term growth. IBISWorld measures an industry's contribution to the overall economy through the industry's value added (IVA). Over the 10 years to 2016, IVA is forecast to grow at an average annual rate of 1.5%; meanwhile gross domestic product (GDP) is expected to increase at a similar 2.0%. When an industry is growing in line with GDP, it is in a mature phase. Other factors that indicate this stage of the life cycle include the rate of industry consolidation and product introduction. Over the five years to 2011, the number of wig and hairpiece manufacturing companies in the United States has declined at an average annual rate of 0.5% to total 37. IBI...

African-American Hair Product Manufacturing in the US: Market Research Report

Industry Analysis & Industry Trends
Going natural
Products in the African-American Hair Product Manufacturing industry include various shampoos, conditioners and relaxers marketed and created specifically for African-Americans. Because these basic personal care items are essential, the recession only briefly hindered the industry's growth. As firms continue to adapt to changing consumer...
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