The human hair industry, often dubbed as "Black Gold," has emerged as a multimillion-dollar market, with India leading the way. India accounts for over 90% of the world's human hair exports. These include human hair extensions, human hair wigs, human hair weaves, human hair bundles, human hair lace front wigs, human hair closure places, human hair clip in extensions, human hair ponytails, etc.
This article will brief you about the remarkable growth and dynamics of India's human hair export sector, shedding light on its significant contributions to the global market.
Explosive Growth in Human Hair Exports:
In recent years, India's human hair exports have witnessed exponential growth, experiencing a record increase from 2018 to 2023. India export data shows a record-breaking $254 million in human hair exports for the fiscal year 2023 compared to $169 million in 2022. In terms of overall human hair and its articles exports, India's total value reached an impressive $689 million in fiscal year 2023.
Key Export Markets:
| Top Human Hair Importers | Export Value |
| Myanmar | $254 Million |
| Bangladesh | $352 Thousand |
| Russia | $37 Thousand |
| Vietnam | $10 Thousand |
| Gabon | $3 Thousand |
The demand for India’s human hair products is diverse, with Myanmar emerging as the top market, boasting an export value of $254 million. Other notable markets include Bangladesh, Russia, Vietnam, and Gabon, each contributing to the rapid global trade in human hair products. Among the fastest growing markets for India’s human hair products were the United Kingdom, Italy, and Germany.
Top Human Hair Export Companies From India
| Top Human Hair Exporters | Export Share (%) |
| Ziofi Exporter | 15.26% |
| Al Hadi Enterprise | 10.52% |
| Ronita Enterprises | 7.93% |
| Crystal Hair Trades | 2.43% |
| Indigo Hair Company | 2.13% |
Several Indian exporters have played pivotal roles in driving the success of the human hair export industry. Ziofi Exporter leads the pack with a significant export share of 15.26%, followed by Al Hadi Enterprise, Ronita Enterprises, Crystal Hair Trades, and Indigo Hair Company, each making significant contributions to India's export growth in this sector.
Human Hair Articles Exports 2023
According to India import export data suggest a staggering $736 million worth of India's human hair articles exports during last fiscal year. China emerges as the top export market, with an export value of $101 million, followed by the United States, Paraguay, Philippines, and Singapore.
| Top Human Hair Articles Importers | Export Value |
| China | $101 Million |
| United States | $22 Million |
| Paraguay | $4.9 Million |
| Philippines | $4.2 Million |
| Singapore | $2 Million |
Top Human Hair Exporters in the world
The top 10 human hair exporters showcase India's dominance in the global market, with Pakistan, Singapore, Italy, and China trailing behind. Indian Hair Industries leads the pack with a substantial export share of 15.75%, followed closely by Srinivasa Hair Industries, Raj Hair International, R K Hair Products, and Radix Industries.
| Top Human Hair Export Markets | Export Value |
| India | $254 Million |
| Pakistan | $4.3 Million |
| Singapore | $3.7 Million |
| Italy | $622 Thousand |
| China | $527 Thousand |
Conclusion:
India's remarkable success in the human hair export industry marks its position as a global leader in this lucrative market. With continued innovation, strategic partnerships, and a focus on quality, Indian exporters are poised to further capitalise on the growing demand for human hair products worldwide.
Indian companies could explore the array of opportunities in this evolving market through global import export data. Exim Global Trade Intelligence System is the most advanced business intelligence powered tool through which companies could get insightful India trade statistics on the human hair market and reach out to the verified international buyers.
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