Friday, October 21, 2022

 ABOUT INDIA'S HUMAN HAIR INDUSTRY


                                   
  • The global hair wigs and extensions market is expected to be valued at over $13 Billion by 2026.
  • India's human hair market alone has a share of over 30% of this global market and exports human hair worth over $200 million approximately.
  • India is the second largest exporter of human hair next to China and is known for its chemically untreated and fine hair.
  • Due to religious beliefs, many Indians donate their hair mostly at Venkateswara Temple in Tirupathi.
  • Reportedly, Barbers shave heads every 5 minutes in Indian temples.
  • The business of donating hair is so lucrative that temples in India annually earn over $300 million from this and also pay hefty taxes.
  • However, the dark side of this business is that as workers are often underpaid and human hair smuggling is more than the legal trade.



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