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 Locations Chapter
The Mid-Atlantic, Southeast, West and Great Lakes regions have the greatest concentration of industry establishments. The distribution of hair and nail salons is mainly based on population levels as hair and nail salons are more common in large metropolitan centers within these regions.
The Mid-Atlantic has the greatest share of industry establishments, estimated at 25.3% of the nation's total in 2015. However, the region is home to only 15.5% of the US population. The states with the highest concentration of establishments include New York, Pennsylvania and New Jersey, which hold a respective 11.0%, 6.0% and 5.9% of the total. New York, in particular, has experienced strong growth in the number of salons... purchase to read more