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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

IBISWorld’s Hair & Nail Salons market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Analysis Chapter

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 at an annualized 2.6% to $50.2 billion over the five years to 2014. Nevertheless, there was a brief dip in revenue during the recession as consumer incomes fell and demand for nonessential manicures, hair treatments and facials decreased. The economy has begun to recover, however, and demand for hair and nail salon services has started to improve, paving the way for service price increases. Moreover, as the unemployment rate slowly declines, consumers' willingness to spend on discretionary services, such as the ones provided by this industry, is expected to rebound... 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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