Industry Analysis & Industry Trends
Health and safety a burning issue
Concerns about the health risks associated with UV tanning are resulting in increasingly stringent regulation of this industry. Spray tans are therefore becoming more popular as a safe alternative. Operating in a highly competitive environment, the industry is being forced to consolidate, with franchises dominating. Larger operators are also expanding their range of skin, health and beauty services in a bid to improve market share... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Tanning Salons industry is in the mature stage of its industry life cycle. The industry has a stable client base; 28 million Americans use indoor tanning services each year. Although there is continued demand for tanning services, the industry is relatively saturated. There are currently about 22,145 tanning salons in the United States. Furthermore, the number of tanning salons has been on the decline, decreasing at an average annual decline of 2.1% over the past five years. Although the Tanning Salons industry is highly fragmented, the industry is experiencing increasing consolidation, which is characteristic of a mature industry... purchase to read more