Tom Branna, Editorial Director06.03.19
The slowdown in the professional hair care sector shows no signs of, well, slowing down. US salon hair care sales grew an anemic 1.6% last year to $73.5 billion last year, according to data from Professional Consultants & Resources (PCR), Plano, TX. Hair care services accounted for 87.6% of the total, while salon retail/take home product sales exceeded $5.9 billion, or 8.1% of the business. Service/back-bar products accounted for 4.3% of the total. According to PCR, rental suites have driven salon retail to e-commerce and diversion to mass-retail. Meanwhile, the once high growth hair color sector has slowed to 3% as women, anxious about chemical services, prefer the natural, gray hair look. Many women opt for cheaper cuts at salon suites, and/or style their hair at home. Many men economize and go to Sport Clips and Great Clips, and “family-economy” chain salons keep growing robustly.
Cyrus Bulsara, president of Professional Consultants & Resources, notes that salon visit frequencies only grew at suite-rentals, family-economy chains and some independent artistic salons.
“Rentals do not retail well, thus impacting growth, and di
Cyrus Bulsara, president of Professional Consultants & Resources, notes that salon visit frequencies only grew at suite-rentals, family-economy chains and some independent artistic salons.
“Rentals do not retail well, thus impacting growth, and di
Continue reading this story and get 24/7 access to HAPPI for FREE
FREE SUBSCRIPTION
