Industry Analysis & Industry Trends
Over the past five years, declines in consumer income and discretionary spending hurt demand for wigs and hairpieces used for aesthetic purposes. While steady demand from medical-use products mitigated some of the declines, industry revenue only increased marginally. Over the next five years,product development and higher income will spur demand, especially for higher-margin products, boosting industry revenue.... purchase to read more
Industry Report - Industry Investment Chapter
The Wig and Hairpiece Stores industry has a low level of capital intensity and is considered a labor-intensive industry. On average, industry firms only spend about $0.10 on capital expenditures such as equipment and software for every dollar spend on labor; this ratio is consistent with levels across the retail sector. The low level of depreciation is reflected by the fact that storeowners often do not own the physical store space; rather, the premises are leased or rented. Industry capital expenditures are low and include items such as shelves, displays, security equipment, cash registers, computers, point-of-sale (POS) systems and inventory management software... purchase to read more