Industry Analysis & Industry Trends
Over the past five years, the industry has grown as US consumers have become wealthier due to higher employment, which has precipitated rising per capita disposable income and consumer confidence. Consequently, demand for personal services and other luxury services has risen as consumers increase their spending on discretionary items and services. However, curbed growth is expected in 2016 as health concerns mitigate improving macroeconomic conditions. The industry is expected to generate more income through sunless tanning beds and merchandise, which will increasingly cater toward consumers looking to make luxury purchases... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of tanning salons is mainly dependent upon population levels. The regions with the greatest number of tanning salons are the Southeast, Mid-Atlantic, West and Great Lakes regions. Furthermore, tanning salons are most popular in areas where there is a greater likelihood for individuals to wear more revealing clothes and, therefore, be more body image-conscious, or in areas where there is little sunlight to naturally tan.
The Southeast has the greatest number of tanning salons in the United States. In 2016, 23.5% of tanning salons were located in the region, which is in line with the estimated 25.6% of the US population that lives in the region. Florida has the most salons in the region, with an estimated 7.8% of total establishments... purchase to read more