Emergence of social & mobile salon, increasing popularity of online appointment booking platforms are factors driving the global Salon Services market in the forecast period 2024-2028.
As per the TechSci Research report titled “Global Salon Services Market– Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F,” the Salon Services industry has evolved into a thriving global market, offering diverse services for personal grooming, beauty enhancement, and wellness. The market has witnessed remarkable growth driven by shifting consumer preferences, technological advancements, and evolving cultural norms related to beauty and self-care.
Several key dynamics fuel the global Salon Services market. The growing emphasis on personal appearance in both professional and social settings has led to increased demand for Salon Services. Individuals are investing time and money in enhancing their appearance, driving the demand for haircuts, styling, makeup, skincare treatments, and more.
Social media platforms have played a pivotal role in shaping beauty trends and driving the demand for Salon Services. Exposure to carefully curated images on platforms like Instagram and TikTok has fueled a desire for similar looks, prompting individuals to seek professional beauty services.
The expansion of the middle-class population in emerging economies, coupled with rising disposable incomes, has contributed to market growth. As more people gain access to higher-quality personal care services, the Salon Services market continues to expand.
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The global Salon Services market is adapting to changing consumer behaviors, technological advancements, and market trends. Personalized experiences and solutions tailored to unique needs are replacing the one-size-fits-all approach. Salons are leveraging technology, such as AI-powered tools, to analyze individual preferences and offer customized services and products. Salons are evolving into wellness hubs by integrating relaxation techniques, meditation, and natural therapies into their services.
Social media and online platforms are crucial for the salon industry, with platforms like Instagram, TikTok, and YouTube being used to showcase work, engage with clients, and demonstrate expertise, driving client acquisition and brand loyalty.
The market is segmented based on service type, end-user, age group, and region. Service types include skin, nail, and hair care. The hair care segment dominates the market due to rising demand for natural and organic hair care products and increased consumer spending on hair cutting and styling services.
Key market players operating in the global Salon Services market include:
- Great Clips, Inc.
- Regis Corporation
- Dessange International
- Ulta Beauty, Inc.
- The Lounge Hair Salon
- Seva Beauty
- Drybar
- Skin Rich
- The Leading Salons of the World, LLC.
- Snip-its
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“The global Salon Services market is a diverse and dynamic industry that plays a vital role in enhancing individuals’ appearance and well-being. Covering a broad spectrum from hair care to skincare and more, salons address a wide array of grooming and beauty needs. The industry’s expansion is driven by evolving consumer preferences, rising disposable incomes, and an increasing focus on self-care and wellness. Despite facing challenges such as competition and regulatory requirements, the Salon Services market is poised for continued global growth. It adapts to emerging trends and technologies while remaining a fundamental part of the beauty and personal care sector,” stated Mr. Karan Chechi, Research Director at TechSci Research, a global research-based management consulting firm.
“The Salon Services Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, categorizes the future growth potential of the global Salon Services market. The report provides comprehensive statistics and information on market structure, size, share, and anticipated growth globally. Offering cutting-edge market intelligence, it aids decision-makers in making informed investment decisions. Additionally, the report identifies emerging trends and highlights essential drivers, challenges, and opportunities in the global Salon Services market,” Chechi added.
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