Industry Analysis & Industry Trends
Cosmetology and beauty schools have experienced steady growth over the past five years, even despite the economic recession, as employment opportunities in the beauty industry have continued to grow. As a result, industry revenue is expected to increase at an average rate of 3.9% per year to about $1.6 billion in the five years to 2012.
Changing fashion trends and consumer concern with physical appearance fuel demand for the cosmetology and beauty industry, and career opportunities at beauty salons, barber shops, skin care salons and nail salons have remained favorable. During the economic downturn, many workers sought to be trained in a profession that remained in demand during difficult economic times.... purchase to read more
Industry Report - Industry Analysis Chapter
The number of people seeking beauty careers has continued to increase over the past five years, as demand from employers in the hair, nail, waxing and other beauty treatment industries held strong, even through the economic recession. The Cosmetology and Beauty Schools industry has benefited from changing attitudes toward beauty and cosmetology careers (e.g. men are increasingly pursuing beauty careers), and growing enrollment has boosted industry performance and profitability. As a result, IBISWorld estimates industry revenue will grow at an average annual rate of 3.9% to about $1.6 billion in the five years to 2012.
Revenue for cosmetology and beauty schools is largely generated from tuition fees... purchase to read more