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The Business of Black Hair: Black Women Spend $3 000/Year

The black hair industry is valued at $2.54b and that excludes hair accessories, wigs and many more. The natural hair movement means there is a decline in the use of relaxers that can be harmful to your scalp however, natural hair means more expenses. There is a science to how much money the black community all over the world spend in hair. The US are the biggest consumers of hair extensions yet the smallest consumers. The world's leaders are in India, China and the UK.

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