Amazingly despite the past recession the UK extension industry is booming, It is worth between £45m and £60m (according to London based industry research firm IBISWorld, revenue from hair and beauty salons will be around £3.64bn per year ).
There has been a amazing 70% growth in the past 5 years. The industry is now seeing the growth that colour (hair dye) saw 30 years ago.
Today in this day and age hair is big business. From India to Peru, the human hair trade has spread like wildfire across the globe, and it has the UK the palm of its hand!
Last year HM Revenue and Customs recorded more than £38m worth of hair (human, with some mixed human and animal) entering the country, making the UK the third biggest importer of human hair worldwide.
Over the five years to 2014, revenue for hair extension industry and associate products is estimated to grow, partly due to product innovation. Continuing this trend, over the next five years, the industry is expected to achieve continued growth as the average disposable income rises. Consequently of course the average sales per customer is expected to rise, translating into stronger gains in industry revenue
Though to the untrained eye hair extensions seem a relatively new invention but hair extensions and weaving actually originates from Ancient Egypt. In Ancient Egypt, the hairstyle were like a business card, showing status in society. Egyptians used to shave their hair and make wigs from it. There is evidence that both men and women used hair extensions to add volume and length to their natural hair. Men wore elaborate wigs while women used hair extensions to add volume to their thinning hair. These extensions were applied using knots, beeswax, and resin. Braids are a type of hair extensions that originated from Ancient Egypt in 500 B.C. The famous Sphinx has braids incorporated in its fascinating hairstyle. Braids consisted of several types of knots and twists, which traditionally indicated the age, religion, social position, and marital status of their bearer.
It is safe to say that extensions have always been a part of fashion, both men and women have used creative tricks to create different hair styles.