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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Investment Chapter

The Hair and Nail Salons industry has a low level of capital intensity. This is similar to other personal service industries, which are labor-intensive. In 2015, for every dollar spent on wages, operators will spend an estimated $0.04 in capital investment. As a personal service industry, the industry relies heavily on labor and there are not many opportunities for increased mechanization.

For hair salons, capital investment is mainly in styling, dryer and shampoo chairs, as well as shampoo bowls and mats. Furthermore, salons that offer other spa services have massage tables, facial steamers and ultrasonic equipment. Nail salons typically invest in manicure tables and chairs and hand dryers for special types of polish... 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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