India’s storage market is expected to grow a lot. It will go from $252 million in 2024 to $252 million by 2030. This growth is because more people want products made from human hair, especially for women’s hair. Also, many starting a storage business in India, thanks to temples selling human hair.
Market Growth
The market will grow by about 8.19% annually from 2025 to 2030. People prefer human hair over fake hair, making up about 68% of the market. In 2023, India’s starting a storage business about $187.9 million, and most of the world’s hair comes from India.
Price Challenges
Even though the market is growing, some people in smaller cities struggle to pay for the products. Prices are a problem for many buyers.
Top Companies
Some of the biggest companies in India’s storage market are:
Godrej Consumer Products Ltd.
Evergreen Products Group Ltd.
Art Nature Inc.
Adorns Co., Ltd.
Dona Bella
Indie Hair
Shake-N-Go Inc.
Nish Hair
Market Trends
A big trend is colorful human hair, especially among younger people (like Gen Z). Social media is helping these products become popular. The entertainment and fashion industries also want new, high-quality hair products.
Questions People Ask
How fast will the storage market grow in India?
It will grow by about 8.19% each year from 2025 to 2030.
How much will the storage market be worth by 2030?
It will be worth $252 million by 2030.
What problems do businesses face in India’s storage market?
Prices are a big problem, especially in smaller cities.
Which companies are the biggest in India’s storage market?
Godrej Consumer Products Ltd. and Evergreen Products Group Ltd are some of the biggest companies.
