Hair & Nail Salons in the US - Industry Market Research Report

Hair & Nail Salons in the US - Industry Market Research Report

  • July 2017
  • 34 pages
  • Ibisworld
Report ID: 199204
Fresh coat: Salons are expanding products and services, fueling industry revenue growth

Abstract

Hair & Nail Salons in the US

Demand for the Hair and Nail Salon industry’s services expanded over the past five years amid economic growth that boosted discretionary consumer spending on personal-care products and services. Moreover, new products and services favorably impacted industry revenue. Companies have continued to enter the industry, attracted by stable profit margins and low barriers to entry. Demand for industry services is expected to continue rising over the five years to 2022 thanks to improving disposable income. Declining unemployment during the five-year period is expected to drive consumer spending and boost demand for price-premium personal-care services.

This industry comprises salons that primarily offer hair and nail care services. In addition to retailing beauty products, these companies may also provide facials and makeup applications. This industry does not include operators that mainly offer training in barbering or hairstyling, nor does it include electrolysis, permanent makeup application or tanning services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY


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Country=UnitedStates Industry=Make-Up ParentIndustry=Cosmetics Date=201707 Topic=MarketReport Publisher=Ibisworld Price=1000