PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1211056
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1211056
Global Salon Services Market Size study & Forecast, by Service Type (Hair Care, Nail Care, Skin Care) by End User (For men, For Women) and Regional Analysis, 2022-2029
Global Salon Services Market is valued at approximately USD 202.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.46% over the forecast period 2022-2029. Salon Services are the services given to the customer for self-grooming purposes such as hair care, skincare and nail care services. The Salon Services market is expanding because of factors such as the rising per capita income of consumers and the increasing popularity of hair care and skin care treatments among consumers. This market is dominated by Great Clips Inc., Regis Corporation, Dessange International, Ulta Beauty Inc., The Lounge Hair Salon, and Seva Beauty.
The increase in the income of consumers also increased the standard of living of the people, which people have been investing a large part of their income in beauty and personal care for which they use salon services. For instance, the Global GDP per capita, including 193 economies, is projected to be US$12,167 in nominal terms in 2021, as per the data given by the IMF data. This figure is almost $1,110 more than in 2020. world GDP per capita in purchasing power parity is projected to be around $18,400 (international). $1,180 more than in 2020. Per capita income at PPP is 151% of face value, which means the increase in the income will also increase the purchasing power of the consumer which giving a better estimate of living standards. And the availability of new technologies has increased the awareness among netizens about the rising concern related to hair care and skin care. The growing influence of beauty trends on social media, coupled with the rise of celebrities hair care and skin care has influenced the general public in adopting the various personal care technique as well as busy work schedules, sedentary lifestyles, and growing concern over the prevalence of many skin diseases due to increased environmental pollution is the reason which has been boosting the demand of Salon services since few decades. Moreover, the Citizen's Growing Interest Toward Natural or Herbal Products is expected to create opportunity for this significant market in the forthcoming years. However, the High setup cost and lack of regulation stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Salon Services Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and the region's Growing consumer interest in diverse, high-quality hair care products, increasing spending on online beauty care. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising Consumer concerns about grooming and lifestyle. Make consumers aware of the beauty salons, the geographic expansion of key players. For instance, in December 2021, in China, the beauty salon chain named Beauty Farm is launching an IPO in Hong Kong, where it could raise up to $500 million, which is expected to propel the demand for the salon service.
Major market players included in this report are:
Seva Beauty
Drybar LLC
Dessange International
The Leading Salons of the World LLC
The Snip-its Franchise Company, LLC.
Great Clips Inc.
Regis Corporation
Skin Rich
Ulta Beauty Inc.
The Lounge Hair Salon
Recent Developments in the Market:
- In June 2022, Regis Corporation announces a partnership with Zenoti. Zenoti will be the single salon with the technological platform for all Regis brands available. With this relationship, Zenoti is expected to support Regis deliver modern digital experiences and drive ita engagement with their 3 million monthly salon customers.
- In November 2022, Nick Stenson Beauty announced that it will launch exclusively at Ulta Beauty. A collection of hydrating, volumizing hair care products that use high-quality ingredients to heal, moisturize and strengthen all hair types will be available nationwide at Ulta.com, In addition, starting January 8, 2023, they are expanding Prestige Hair range in select Ulta Beauty stores.
Global Salon Services Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Service Type, End User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Service Type:
Hair Care Salon Services
Nail Care Salon Services
Skin Care Salon Services
By End User:
For Men
For Women
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Salon Services Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Salon Services Market, by Service Type, 2019-2029 (USD Billion)
- 1.2.3. Salon Services Market, by End User, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Salon Services Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Salon Services Market Dynamics
- 3.1. Salon Services Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising Per Capita Income of Consumer
- 3.1.1.2. Increasing Popularity of Hair Care and Skin Care Treatments Among Consumers
- 3.1.2. Market Challenges
- 3.1.2.1. High Setup Cost and Lack of Regulation
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing Interest Toward Natural or Herbal Products
- 3.1.1. Market Drivers
Chapter 4. Global Salon Services Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Salon Services Market, by Service Type
- 6.1. Market Snapshot
- 6.2. Global Salon Services Market by Service Type, Performance - Potential Analysis
- 6.3. Global Salon Services Market Estimates & Forecasts by Service Type 2019-2029 (USD Billion)
- 6.4. Salon Services Market, Sub Segment Analysis
- 6.4.1. Hair Care Salon Services
- 6.4.2. Nail Care Salon Services
- 6.4.3. Skin Care Salon Services
Chapter 7. Global Salon Services Market, by End User
- 7.1. Market Snapshot
- 7.2. Global Salon Services Market by End User, Performance - Potential Analysis
- 7.3. Global Salon Services Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
- 7.4. Salon Services Market, Sub Segment Analysis
- 7.4.1. For Men
- 7.4.2. For Women
Chapter 8. Global Salon Services Market, Regional Analysis
- 8.1. Salon Services Market, Regional Market Snapshot
- 8.2. North America Salon Services Market
- 8.2.1. U.S. Salon Services Market
- 8.2.1.1. Service Type breakdown estimates & forecasts, 2019-2029
- 8.2.1.2. End User breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Salon Services Market
- 8.2.1. U.S. Salon Services Market
- 8.3. Europe Salon Services Market Snapshot
- 8.3.1. U.K. Salon Services Market
- 8.3.2. Germany Salon Services Market
- 8.3.3. France Salon Services Market
- 8.3.4. Spain Salon Services Market
- 8.3.5. Italy Salon Services Market
- 8.3.6. Rest of Europe Salon Services Market
- 8.4. Asia-Pacific Salon Services Market Snapshot
- 8.4.1. China Salon Services Market
- 8.4.2. India Salon Services Market
- 8.4.3. Japan Salon Services Market
- 8.4.4. Australia Salon Services Market
- 8.4.5. South Korea Salon Services Market
- 8.4.6. Rest of Asia Pacific Salon Services Market
- 8.5. Latin America Salon Services Market Snapshot
- 8.5.1. Brazil Salon Services Market
- 8.5.2. Mexico Salon Services Market
- 8.5.3. Rest of Latin America Salon Services Market
- 8.6. Rest of The World Salon Services Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. Seva Beauty
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Drybar LLC
- 9.2.3. Dessange International
- 9.2.4. The Leading Salons of the World LLC
- 9.2.5. The Snip-its Franchise Company, LLC.
- 9.2.6. Great Clips Inc.
- 9.2.7. Regis Corporation
- 9.2.8. Skin Rich
- 9.2.9. Ulta Beauty Inc.
- 9.2.10. The Lounge Hair Salon
- 9.2.1. Seva Beauty
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Salon Services Market, report scope
- TABLE 2. Global Salon Services Market estimates & forecasts by Region 2019-2029 (USD Billion)
- TABLE 3. Global Salon Services Market estimates & forecasts by Service Type 2019-2029 (USD Billion)
- TABLE 4. Global Salon Services Market estimates & forecasts by End User 2019-2029 (USD Billion)
- TABLE 5. Global Salon Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 6. Global Salon Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 7. Global Salon Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 8. Global Salon Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 9. Global Salon Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 10. Global Salon Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 11. Global Salon Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 12. Global Salon Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 13. Global Salon Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 14. Global Salon Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 15. U.S. Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 16. U.S. Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 17. U.S. Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 18. Canada Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 19. Canada Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 20. Canada Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 21. UK Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 22. UK Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 23. UK Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 24. Germany Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 25. Germany Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 26. Germany Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 27. France Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 28. France Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 29. France Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 30. Italy Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 31. Italy Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 32. Italy Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 33. Spain Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 34. Spain Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 35. Spain Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 36. RoE Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 37. RoE Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 38. RoE Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 39. China Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 40. China Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 41. China Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 42. India Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 43. India Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 44. India Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 45. Japan Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 46. Japan Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 47. Japan Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 48. South Korea Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 49. South Korea Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 50. South Korea Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 51. Australia Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 52. Australia Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 53. Australia Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 54. RoAPAC Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 55. RoAPAC Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 56. RoAPAC Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 57. Brazil Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 58. Brazil Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 59. Brazil Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 60. Mexico Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 61. Mexico Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 62. Mexico Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 63. RoLA Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 64. RoLA Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 65. RoLA Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 66. Row Salon Services Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 67. Row Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 68. Row Salon Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 69. List of secondary sources, used in the study of global Salon Services Market
- TABLE 70. List of primary sources, used in the study of global Salon Services Market
- TABLE 71. Years considered for the study
- TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
List of figures
- FIG 1. Global Salon Services Market, research methodology
- FIG 2. Global Salon Services Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Salon Services Market, key trends 2021
- FIG 5. Global Salon Services Market, growth prospects 2022-2029
- FIG 6. Global Salon Services Market, porters 5 force model
- FIG 7. Global Salon Services Market, pest analysis
- FIG 8. Global Salon Services Market, value chain analysis
- FIG 9. Global Salon Services Market by segment, 2019 & 2029 (USD Billion)
- FIG 10. Global Salon Services Market by segment, 2019 & 2029 (USD Billion)
- FIG 11. Global Salon Services Market by segment, 2019 & 2029 (USD Billion)
- FIG 12. Global Salon Services Market by segment, 2019 & 2029 (USD Billion)
- FIG 13. Global Salon Services Market by segment, 2019 & 2029 (USD Billion)
- FIG 14. Global Salon Services Market, regional snapshot 2019 & 2029
- FIG 15. North America Salon Services Market 2019 & 2029 (USD Billion)
- FIG 16. Europe Salon Services Market 2019 & 2029 (USD Billion)
- FIG 17. Asia pacific Salon Services Market 2019 & 2029 (USD Billion)
- FIG 18. Latin America Salon Services Market 2019 & 2029 (USD Billion)
- FIG 19. Global Salon Services Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
