Chinese wig producers run short of hair as pandemic hits Asian supply line

 

Many Chinese wig producers are running short of raw material - genuine hair, which they used to import in large quantities from neighboring countries including India, but the surging coronavirus pandemic cut both production and transportation from those countries, industry insiders told the Global Times.To get more news about human hair wigs, you can visit monavirginhair.com official website.

The situation is creating opportunities for companies with available hair inventory, particularly leading industry players."Now, who have real hair inventory have the whole market," Zhang Tianyou, deputy general manager of China's wig giant Rebecca, told the Global Times on Monday.

According to the industry practitioners, China has been heavily reliant on other Asian countries to import genuine hair as well as hair processing equipment. Currently, China imports most of its real hair from India, while countries like Thailand and Bangladesh also exported real hair to Chinese companies. Most of the hair is processed and knitted in North Korea.

However, the pandemic outbreak has caused many Asian countries to halt production or cut off transportation with China. North Korea, for example, has sealed off its borders to prevent the spread of the coronavirus for many months. This is causing wig companies in the country to run short of raw materials.

"As far as I know, many wig companies in China are close to running out of hair inventory, which is causing wig demand to significant outrun supply," Zheng Jiangmin, manager of the Dongyang Lansi Wig Co, a wig producer, told the Global Times on Monday.

Zhang Tianyou, deputy general manager of China's wig giant Rebecca, said that because many small factories in China don't stock raw materials, many have already halted production. The lack of raw materials and the inconvenient shipping have caused the price of hair materials to surge in recent months. For example, the price of some real hair lace strips has surged by 10 times, Zheng said.

The raw material price surge has also pushed up the price of end products. Zhang disclosed that the company had raised the price of its products twice recently, and is considering another price rise soon."The price of real hair has surged almost three times, and we have no choice but to increase our product price to follow the market fluctuations," Zhang said.

To cope with the situation, many domestic companies have tried to train their own hair knitters. Rebecca, for example, has started to train domestic hair knitters at a time when hand-knitted hair was hard to source from overseas countries.

Zhang told the Global Times that he visited dozens of Chinese provinces during the epidemic last year trying to develop hand-knitting bases. The company also developed similar bases in five overseas countries to fill the industry gap after North Korea locked its borders.

"It is not easy to train hair knitters in a short period of time, not to mention that China's labor cost is much higher than that in some other Asian countries," Zheng said. According to him, so far, China is still not able to have a real hair knitting industry with scale production.