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Hair & Nail Salons in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hair & Nail Salons Market Research Report | NAICS 81211 | Feb 2015

Clean cut: Higher disposable income will boost demand for price-premium services

IBISWorld’s Hair & Nail Salons market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$53bn
Annual Growth 10-15
2.4%
Annual Growth 15-20
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Profit
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Employment
1,732,584
Businesses
1,235,196
Industry Analysis & Industry Trends

The Hair and Nail Salons industry is projected to expand over the five years to 2015 thanks to rising consumer spending on discretionary personal care products and services. In the coming years, declining unemployment is expected to drive per capita disposable income growth and boost demand for price-premium services offered by this industry. Moreover, equipped with larger budgets, consumers will likely favor professional salon products and services over less costly alternatives sold at drugstores... purchase to read more

Industry Report - Industry Products Chapter

Haircutting services

Haircutting services account for the majority of industry revenue, at 45.5% of the total in 2015. This segment includes cutting, trimming, layering, styling and reducing hair length for all genders and age groups. It also includes trimming beards and mustaches, which is traditionally done by a barber. The shampooing, blow-drying and styling that is associated with the haircut is included in this segment as well. Over the past five years, the share of revenue from this service segment increased slightly. Consumers view haircuts as a more necessary service; therefore, demand for haircuts did not decrease during the recession as did other segments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hair & Nail Salons Industry?

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.

Industry Products
Haircutting servicesHair coloring servicesOther hair care servicesNail care servicesMerchandise salesSkin care servicesOther beauty care services
 
Industry Activities
Providing haircutting servicesProviding services to permanently modify hair textureProviding hair coloring or tinting servicesProviding hairstyling servicesProviding manicure servicesProviding pedicure servicesProviding temporary makeup servicesProviding facials and skin care services


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