New Report Finds a 26% Decline in Relaxer Sales Since 2008
A new report by the research company Mintel finds that relaxers are declining in popularity as the natural hair industry grows;
…Natural may be the new normal in Black haircare, as relaxers account for just 21% of Black haircare sales and the sector has declined 26% since 2008 and 15% since 2011 when sales reached $179 million—the only category not to see growth.
Mintel’s research estimates the relaxer segment will reach $152 million this year, down from $206 million in 2008. Furthermore, in the past 12 months, nearly three-fourths (70%) of Black women say they currently wear or have worn their hair natural (no relaxer or perm), more than half (53%) have worn braids, and four out of 10 (41%) have worn locks.
“The natural hair trend is driving an increase in sales of styling products such as styling moisturizers, setting lotions, curl creams, pomades, etc., but the increase has caused the relaxer segment to decline in sales,” says Tonya Roberts, multicultural analyst at Mintel. “A look at expenditures from 2008-2013 shows steady growth in the Black haircare category for all categories except relaxers/perms.”
The report doesn’t touch on whether the increasing popularity of weaves has to do with relaxers’ decline. Still, it highlights an encouraging trend towards acceptance of textured hair.
Click here to read the full summary of the report.