Why-my-wig-price-rises-so-much-in-the-year-2021?
Craftsmanship of wigs includes frontal lace wig, full lace wig, Jewish wigs. etc. Among them the handtied processing is the most complicated part, and most expensive! The exported wig products from China usually make the handtied work in North Korea because the labor cost there is much cheaper and they have rich experience of doing this job! Quality is more stable! China's wig export accounts for more than 70% of the global supply. And North Korea plays a very important part in the whole wig industry!
Affected by COVID-19, North Korea has been closed till now and all wig work has to be stopped. While China domestic factories doesn’t have enough workers or production capability for wig handtied work, the labor cost gets much higher even more than double compared North Korea, and the delivery times gets too slow even you can accept the price! Before the delivery time usually is 30-35 days now it becomes more than 60days!
The world's largest consumer market of wigs is North America, which accounts for 62% of the global share. Now the import volume has decreased in the first 7 months of 2020! According to the analyst, the major departures of China's wig export are Henan, Shandong and Zhejiang. Because of lacking of workers, the wig price keeps rising. Still no news when North Korea factory can return to normal, the wigs market is supposed to be affected for a long time!
