Hair Styling Industry

From 2012 2017 the industry saw an annual average growth rate of 1 8.
Hair styling industry. There are about 1 million hair salons currently active in the united states providing employment opportunities for about 1 4 million people. Hair salons in the united states generate about 44 billion in revenues each year. From an estimated market size of us 18 458 8 mn in 2018 the value sales of the hair styling products market are expected to reach us 28 765 7 mn by 2027 expanding at a cagr of 5 1.
X x lock purchase this report or a membership to unlock the average company profit margin for this industry. Philips n v helen of troy panasonic tescom andis beauty elite group bio ionic wahl andis dyson elchim farouk systems spectrum brands among others. Global hair styling products market.
It consists of data associated with the market dynamics like challenges involved during this vertical growth opportunities and factors affecting the market. Increasing consumer interest for natural hair styling product consumer concern toward look style and growing demand for hair coloring in a salon are the major factor driving sales. Skin care is a close second and growing fast expected to have revenue of almost 11 billion by 2018.
Interesting hair stylist industry statistics 1. The hair styling products market report claims that the industry is projected to get significant revenue during the forecast period. Hair styling products market report presents the best market and business solutions to fmcg industry in this rapidly revolutionizing market place to thrive in the market by taking into account strategic profiling of key players in the fmcg industry comprehensively analyzing their core competencies and their strategies such as new product launches expansions agreements joint ventures.
The hair styling tools market is entirely focused on business to consumer where major players in the market include. Hair salons in the us industry trends 2014 2019 hair salons in the us industry outlook 2019 2024 poll average industry growth 2019 2024. So in today s environment of rising per capita incomes the beauty business is booming.