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hairtradeRetailsalesofwigsandhairgoodscanbealucrativebusinessventure.Althoughthewigandhairindustryexperiencedaloseofsalesduringtherecenteconomicdownturn-therecession-itisalreadystartingtorebound.Theideaoflookinggoodandhavinggreathairhasnotlostit'scharmwithconsumersand,becausemorepeopleareunemployedtheyareseekingnewopportunitiesinthisindustry.Astheeconomyturnsaroundmorewigandhairindustryretailerwillbeenjoyingthebenefitsofmoresalesandbetterincomes.Whatishappeninginthewigsandhairgoodsindustry.ThemainproducerisChinahowever.ThisperiodalsosawarevivaloflacewigscomingfromEuropebut,ataconsiderablehigherprice.Chineseproductssoldfor350to1200dollarsUSwithChinesehairandlacewhiletheirEuropeancounterpartswithFrenchandSwisslaceandEuropeanhairweresellingfor3000to9000dollarseach.2008sawadropinsalestoaround1.7billiondollarsevenwiththeinfluxofnewlacewigsintothemarketfromChina.2009inthefirst1/4sawanotherdecreaseofalmost25%.However,themarketisstartingtorecoverforanumberofreasons.Oneofthemis"because"ofunemploymentintheUSA,morewomenarelookingforlucrativebusinessopportunitiesandaregettingintothehairandwigbusiness.Thesecondquartersawaslightriseinsalesandthe3rdquarterlooksevenbetter.Theamountofhairimportedisconsiderable.Muchofitisintheformofwigs,hairpiecesandhairextensions.AlmostallofthehaircomesfromIndiaandChina,SouthAmericaaswellastheMiddleEastsuchasIsraelarelargesuppliersaswell.Europe,(especiallyRussiaandRussiansatellitenations)whichwasamajorsupplierinthe60'-90'sisimportinglesshairatamuchhigherprice.ForthisreasontheAsianandIndianhairmarketisexpandingconsiderably.Approximately,70%ofallwigssoldareofsometypeofsyntheticfiber.Somenewfibersareverygood,lookveryreal,andhaveagoodwearinglifetothem.That,coupledwiththefactthattheseproductarelessexpensive,drivesthemarketforgreatproductswithalowerprice.MostofthesefibersareproducedbytheJapanesegiantAderansCo.,Ltd.TokyowithfactoriesalloverSoutheastAsiaandevenmainlandChina.Ontheotherhand,salesinhumanhairwigsbydollarvolumearedifferent.Over50%ofthedollarvolu
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