AI technology in the wig industry
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Independent Stands and AI: Global Expansion Strategies for China's Wig Industry
In today's globalized business environment, the wig industry is fast becoming a major hot track in the international market. According to Statista, the global wig market is forecast to reach $8.75 billion by 2023 and grow to $13.28 billion by 2026. In this booming market, China's wig manufacturing industry, especially in the regions of Xuchang, Henan Province, Shaoyang, Hunan Province and Qingdao, Shandong Province, with the advantage of its well-established industrial chain, has already occupied nearly 70%-80% of the global market. The rapid growth of this industry not only represents...