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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 | Mar 2016

Fresh coat: Salons are expanding products and services, fueling industry revenue growth

The Hair & Nail Salons market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$56bn
Annual Growth 11-16
3.3%
Annual Growth 16-21
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Profit
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Employment
1,777,556
Businesses
1,308,977
Industry Analysis & Industry Trends

Operators in the Hair and Nail Salons industry have begun to offer a variety of new products and services to boost revenue and leverage rising consumer spending. As a result, industry revenue has grown over the past five years. In the coming years, demand for industry services is expected to accelerate thanks to improving disposable income. Declining unemployment over the next five years is expected to drive per capita disposable income growth and boost demand for price-premium services offered by this industry... purchase to read more

Industry Report - Starting a New Business Chapter

The Hair and Nail Salons industry has low barriers to entry. The industry is in the mature stage of its economic life cycle; however, companies are still entering due to consumers' demand for higher-value spa treatments and new hair and nail products. Competition within the industry is high and increasing, since there are a significant number of operators with little market share.

Start-up costs vary depending on the scale of operations. New businesses need to secure a rental space and styling, dryer and shampoo chairs. Additionally, hair salons need to invest in salon mats, straighteners and curlers; they may also require specialized facial equipment such as facial steamers if they offer additional day spa services... 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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