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The current situation of the wig industry

- Dec 18, 2017 -

The wigs are known as "fashion on the head". As an export product with high added value, they began to operate in Germany in the early nineteenth Century, and then gradually transferred to Korea, Japan and Hong Kong and Taiwan. After the reform and opening up, the domestic industrial transfer undertake a batch of South Korea, wig production enterprises once in OEM production and imitation for a living, at present our country is the world largest wig production, export country, more and more enterprises to participate in overseas market wig export competition, also gives birth to a well-known brand products wholesale. With the global industry wig absolute monopoly Henan Xuchang Rebecca company as an example, by virtue of its market leading position, the 2006 price increase 15%, 2007 price two 20%, successfully resisted the RMB appreciation, rising raw material pressure, 2007 net profit growth of 87%. It is reported that the importer profit is also quite rich, and 1999-2005 almost no price increases, the importer can accept our export products the price of wig. At present, China's wig production and export enterprises are mainly concentrated in central, Eastern and southeastern coastal areas, including Henan, Zhejiang, Guangdong, Fujian, Jiangsu, Shandong and Shanghai provinces.