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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 | Jul 2014

Cutting line: Renewed demand and eco-friendly services will benefit industry operators

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
Industry Statistics & Market Size
Revenue
$50bn
Annual Growth 09-14
2.6%
Annual Growth 14-19
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Profit
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Employment
1,665,641
Businesses
1,264,012
Industry Analysis & Industry Trends

Operators in the Hair and Nail Salons industry have begun to offer a variety of new products and services to combat the economic downturn. As a result, revenue is expected to grow over the five years to 2014. Nonetheless, revenue dipped briefly during the recession when consumer incomes began to fall and demand for nonessential manicures, hair treatments and facials decreased. In the five years to 2019 however, industry revenue will benefit from increasing per capita disposable income and declining unemployment, which will occur toward the end of the five-year period... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in the mature phase of its economic life cycle. Industry value added, or the industry's contribution to the overall economy, is forecast to grow at an average annual rate of 4.0% from 2009 to 2019. By comparison, the nation's GDP is projected to grow at an average annual rate of 2.5% over the same period. Therefore, the industry is growing only slightly faster than the economy as a whole, a key indicator of its mature life cycle stage.

Furthermore, the size of the Hair and Nail Salons industry is continuing to expand. IBISWorld projects that from 2009 through 2019, the number of companies will expand at an annualized 5.0% reaching 1.6 million businesses by 2019... 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 primarily 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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