The Personal Care Services Global Market Report 2023 by The Business Research Company, provides personal care services market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Personal Care Services Global Market Report 2023, the market size is expected to grow from $401.96 billion in 2022 to $439.46 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of personal care services market is expected to grow to $610.53 billion in 2027 at a CAGR of 8.6%.
$401.96 billion in 2022 to $439.46 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of personal care services market is expected to grow to $610.53 billion in 2027 at a CAGR of 8.6%.
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The personal care services market is segmented:
1) By Type: Beauty Salons, Diet And Weight Reducing Centers, Spas & Massage Parlors, Other Personal Care Services
2) By Category: Mass, Premium
3) By Distribution Channel: Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, Other Distribution Channels
Beauty salons are using organic products to cater to the increasing demand for healthy products. Organic products are natural products that are prepared using natural or organic ingredients without the use of harmful chemicals. The supply of locally-sourced raw materials makes organic products more accessible and affordable to the customers. Some of the organic products being used by hair salons include organic hair oil, hair spray, shampoos, hair gels, hair colors, dyes, and other hair styling products. The organic personal care market is expected to grow at 10% to reach $25 billion by 2025, thus indicating a significant potential for organic salons. Hair salons such as Organic Natural Hair salon uses organic products.
The personal care services market report table of contents includes:
1. Executive Summary
2. Report Structure
3. Personal Care Services Market Characteristics
4. Personal Care Services Market Product Analysis
5. Personal Care Services Market Supply Chain
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26. Personal Care Services Market Competitive Landscape
27. Key Mergers And Acquisitions In The Personal Care Services Market
28. Market Background: Commercial Services Market
29. Recommendations
30. Appendix
Top Major Players:
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