High Demand of Short Bob Wig and Pandemic

Mostly the world population adopts fashion and styles from actors, actresses, singers, and sports players, during last few years in many movies, dramas, concerts and in sports events celebrities pushed styling of short bob wigs which increases its demand which was never before at the same time in last two years world also facing short of supplies due to virus pandemic which affects supply line of Asia very strongly.

1. Raw Material shortage

Asian wig producers are facing huge material shortage because genuine hairs which they are regularly importing from different nearby countries in very big quantities and meeting production demands but during the pandemic, all supply of raw material and its transportation become disturbed and discontinued which effect production very badly, large numbers of industries sitting back due to raw material shortage.

2. Opportunities for Stockers

Where pandemic disturbs and discontinued supply line of many producers worldwide especially in China, at the same time it creates opportunities for the different producers who are self-sufficient with inventory backups in other words those are the industry giants who have big warehouses which are filled with huge inventories for many months, which means who have big inventory has the whole market and this allow them to manipulate market on desire terms.

3. Slowing Export to China

During this pandemic, China becomes a big producer of all product which related to normal life or pandemic, according to the industries study from China they are under heavy demand of material from other countries of the world especially from India, Thailand, and Bangladesh but due to pandemic export to China getting slower day by day it causes production halt in China, most of the countries sealed their borders to take care local population.

4. Price Controlling Issue

Where pandemic slows down all businesses and creates a shortage in production material it pushes markets toward instability-high demand and no supply means an increase in value of available stock even the raw material price up three times so it creates an uncontrollable jump in finish product prices five times of the original price of short bob wig before the pandemic, whereas short bob wig online market makes ten times higher price during the pandemic.

5. Training of local team

To fight pandemic affects many of the producers stand up with third parties’ companies to train team domestically who can generate material supplier within the country to on that resource which is available within China, dozens of Chinese manufacturers begin to do hand knitting to generate maximum supplier for the production section for survival until borders of different countries reopen.

6. Big Shift in labor cost

As Chinese producer find some way to survive during pandemic another challenge rises to tease them, as many laborers already under full utilization by the different companies within China to get maximum local material for the production of products, it causes an increase in per hour labor rate and shortage of labor with in-country but at another hand, it is good news for the labors to earn good amount which was never before, labors enjoying that season because of high earnings which make feeling well and valuable.

7. Changes in other Indirect Material

During Pandemic changes not hit only to direct material which mean original stuff it’s also hit to other indirect material within and outside of China, as import and export are not proper so different material prices also become a challenge for the industry, for example, chemicals, oils, colors, glue, removers, plastic, and other raw material add-ons demand increases so they make an alarm to getting out of stock.

8. Quality Control

As Chinese producers are very conscious about their quality and brand name in the market and have standardized products they are a worry about the utilization of domestic hairs and its related raw material as outsourcing from other countries is not possible so adaptation of local material decision is not easy for the industries here, they addon many qualities control stages which leads towards same standard quality output which they were producing before the pandemic.

9. Government Polices

 Chinese government supervising all industry challenges on the same page with the producers, they are well involved and taking onboard all producers during a pandemic, they begin to help domestic producers for survival by supporting them with industrial support policies which include lower tax rates, extra loan to producers, long duration of payback, advance connectivity domestic resources with production houses, introduce sub-agents to explorer local raw material resources and many more supporting activities.

10. Efforts turn the table

After a long effort by Chinese companies, they begin to supply finished product initially to the domestic markets and with new practices now they are much stronger in local raw material production which makes the market leader, at another hand where world forcing new demand China slowly on its export with proper care to different countries even with the short bob wigs online markets like Ali-Express, Alibaba, Amazon, and others.

11. Large Industries of China

According to the world, market study its crystal clear that big giants win the game and enjoy heavy profits even during a pandemic because they have very big stocks at backup, that backups of inventory give confidence and power which they utilize very smartly with the pace of market prices and its fluctuations or it’s the surprise gift for the large industries of China, but the reality is that large industry plays a smart role based on it they reached milestones.

In the end, we can say that as the pandemic begins it closes the door for salons and parlors which means no haircut, no dying, no styling, no fashion so many end-users shifted to get fun from wigs because without wigs no fashion and styling is possible during the pandemic as even short bob wig online market data shows a high volume of transitions. On the other hand wig community boosting the online market on social media like YouTube, Instagram, Twitter, and other platforms as every buddy enjoying engagement with the internet during the pandemic so it becomes a trend for a lot of end-users.