Industry Analysis & Industry Trends
Although the recession led to reduced spending on industry services due to high unemployment and low disposable incomes, demand is forecast to pick up as the economy recovers. Industry growth will be driven by improving disposable incomes, an aging population and an increasing emphasis on outward appearance. Many major operators will seek to expand internationally and launch new brands, products and services. At the same time, they will continue to experience competition from substitutes, such as surgical procedures, pharmaceuticals, herbal remedies and lotions... purchase to read more
Industry Report - Industry Investment Chapter
Given that Hair Loss Treatment and Removal industry is largely service-based, this industry carries a moderate level of capital intensity. The few capital investments in this industry are dominated by machinery and equipment used in the hair removal process. Hair removal requires lasers, electrical probes or heated light equipment. On the other hand, treatment centers rely heavily on the knowledge and expertise of hair care professionals. Additionally, most industry operators require a significant number of administrative and service personnel to help complete clerical tasks and general customer support. Consequently, wage costs are high in this industry, accounting for an estimated 25.4% of industry revenue in 2012... purchase to read more