The global demand for Salon Services Market is presumed to reach the market size of nearly USD 501 BN by 2028 from USD 283.76 BN in 2021 with a CAGR of 8.46% under the study period 2022 - 2028.
Salon services refer to the various beauty and grooming treatments offered at hair salons, day spas, and beauty parlours. These services include hair cutting, styling, colouring, and texturizing; nail care, including manicures and pedicures; makeup application; and skin care treatments such as facials, waxing, and threading. These services help clients enhance their appearance and feel their best.
Market Dynamics
The increasing focus on personal grooming and appearance is a major driver for the growth of salon services. Moreover, the growing trend towards self-care and wellness is expected to drive market growth. Furthermore, as women become financially independent, they can spend more on personal grooming and appearance, leading to an increase in demand for salon services such as hair care and makeup application. Also, consumers' growing preference for eco-friendly and natural cosmetic products boosts market growth. The market growth has been propelled by the rising willingness of customers to invest in beauty products and wellness services to achieve the look they desire. However, the high cost of services may limit the growth of the salon services market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of salon services. The growth and trends of salon services industry provide a holistic approach to this study.
Market Segmentation
This section of the salon services market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Hair Care Salon Services
- Nail Care Salon Services
- Skin Care Salon Services
By Application
- Salon Services For Men
- Salon Services For Women
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Salon Services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Salon Services Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the salon services market include Great Clips Inc., Regis Corporation, Dessange International, Ulta Beauty Inc., The Lounge Hair Salon, Seva Beauty, Dry Bar LLC, Skin Rich, The Leading Salons of the World LLC, Snip-its. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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