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Growth Recorded In Salon Market

April 4, 2013

Total revenues for all salon industry services (hair, skin, nails) plus salon retail grew at a robust 4.1% to $75.3 billion, according to the new 2012 “Professional Salon Industry Haircare Study,” which is available from Professional Consultants & Resources. The total US salon hair care market segment (services plus retail) registered sales of $63.3 billion, up approximately 3.3%.

“The professional beauty industry is strongly evolving,” said Cyrus Bulsara, president of Professional Consultants & Resources. “Men’s salon/barber services and product sales showed nearly twice the growth of unisex salons. The nail category continued to grow strong at nearly four times salon market growth. Continuing the 2011 trends, hair color, keratin/smoothing services and basic cutting and styling services were major growth-drivers. Clients and stylists continued to move from traditional independent salons and mid-tier chains to chair/suite rentals, family-economy chains and upscale men’s barbershop chains. The continued growth of blow-dry bars added to total service growth.”

More info: cbulsara@augustmail.com

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