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 Locations Chapter
This industry mostly mirrors the overall population distribution, as industry operators cater to every age group and market. Additionally, most firms are small regional operators, contributing to the overall fragmentation of the industry. The Southeast, West, Mid-Atlantic and Great Lakes regions contain 73.0% of industry establishments and 73.0% of total population.
The Southeast contains 25.0% of all industry establishments. Florida, an established retirement destination, has 8.0% of establishments, which is the second largest share in the country. This region also contains 25.4% of total population, which fuels steady demand for industry services.
The West contains 16.8% of establishments... purchase to read more