Cut and color: Consumers will likely favor professional salon products and services over inexpensive alternatives
Abstract
Hair & Nail Salons in the US The Hair and Nail Salons industry comprises salons that offer haircuts, facials, makeup application services, hair modification treatments (e.g. perms and straightening procedures) and deluxe spa manicures and pedicures. Demand for such 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 affected industry revenue. Demand for industry services is expected to continue rising over the five years to 2024, due to improving macroeconomic factors.
The Hair and Nail Salons 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.
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Cosmetics
World
Disposable Income
Online Retail Sales
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