Overview

Looking good: The popularity of higher priced services has supported industry growth

IBISWorld’s Hairdressing and Beauty Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth
2012 - 2017
2.0%
Annual Growth
2017 - 2022
Profit
Employment
85,338
Business
21,949

Industry Analysis & Industry Trends

The Hairdressing and Beauty Services industry has expanded over the past five years. Rising demand for beauty treatment services has been propelled by the emergence of new markets, higher discretionary income and a growing population. The increasing popularity of newer high-priced beauty treatments such as laser hair removal and microdermabrasion has lifted revenue in some segments. Growing image consciousness among men has boosted demand for industry services such as hair removal. Industry revenue is expected to increase by an annualised 2.0% over the five years through 2016-17, to $4.8 billion. However, revenue is projected to decline by 0.4% in the current year, reflecting an expected drop in consumer sentiment...

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Industry Report - Starting a New Business Chapter

The industry is characterised by low barriers to entry, as indicated by the high number of small businesses, many of which are non-employing. Little capital is required to establish a hairdressing or beauty services business, with small operators primarily reliant on labour. The lack of major players means that new firms are able to enter the industry with relative ease. However, the high level of internal competition can make it difficult for entrants to establish a loyal customer base.

Industry regulation is light, permitting easy entry for new operators. Relevant regulation includes general employment laws and hairdresser and beauty therapist training requirements. For..

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Industry Products

What is the Hairdressing and Beauty Services Industry?

Industry operators primarily provide hairdressing or beauty services, such as manicures, pedicures, facials, skin treatments, tanning, make-up application, hair removal and non-medical hair restoration techniques.

Industry Products
Haircutting, styling and colouring
Barber shop operation
Hair removal services
Nail-care services
Skincare services
Indoor tanning and spray tan services
Other services
Industry Activities
Hairdressing and styling services
Barber shop operation
Beauty services
Electrolysis services (i.e. hair removal)
Make-up services
Nail care services
Skincare services
Tanning (solarium) services

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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