Good hair day: Rising household incomes support demand for industry services

IBISWorld’s Hairdressing and Barber Franchises market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.


Industry Analysis & Industry Trends

Population growth, particularly in the female demographic, is a key factor driving the performance of the Hairdressing and Barber Franchises industry. Industry revenue is expected to grow by an annualised 1.9% over the five years through 2016-17, to reach $347.5 million. Because most people consider haircuts necessary, demand for these services provides the industry with a constant, underlying revenue stream.

Variable economic conditions over the past five years have caused some consumers to postpone the use of hairdressing services, and increase the time between haircuts. Additional services such as colouring, treatments and styling are typically discretionary in nature and are therefore more sensitive to movements in household income and consumer sentiment...

shopping_cartBUY NOW TO READ MORE

What is the Hairdressing and Barber Franchises industry?

The industry is characterised by moderate barriers to entry. Capital investment presents the most daunting barrier to entry. Most franchisees require a significant capital outlay to establish a new franchise, often close to $300,000. It can be difficult for new entrants to access funds to finance their entry into the industry. Usually, franchisors will help new entrants gain access to loans, although these are ultimately subject to the financial position of the potential franchisee.

Furthermore, competition within the industry is fierce. This can discourage potential entrants, particularly if the franchise they wish to join is low-cost, with minimal service differentiation from competitors. Som...

shopping_cartBUY NOW TO READ MORE

Additional Insights for the Hairdressing and Barber Franchises Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hairdressing and Barber Franchises Industry are

  • Use of specialist equipment or facilities
  • Proximity to key markets
  • Having a loyal customer base
  • IBISWorld analysts also discuss how external factors such as Real household discretionary income and Consumer sentiment index in the Hairdressing and Barber Franchises industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Top 500 Companies List
    has been released

    Click here for more

    Products & Brands

    Major products in this industry
    Haircutting services
    Hair colouring and tinting
    Other hair-care services
    Hair treatment services
    Examples of brands in this Industry
    Price Attack

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Real household discretionary income
  • Consumer sentiment index
  • Female population aged 18 and older
  • Average weekly hours worked

  • Current Performance
  • Competition
  • Industry structure
  • Brand loyalty
  • Employment and wages
  • Growing client base
  • Profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry structure
  • Profit
  • Industry changes
  • Table: Hairdressing and Barber Franchises Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Hairdressing and Barber Franchises Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Cosmetics and Toiletry Wholesaling
  • Cosmetics, Perfume and Toiletries Manufacturing
  • Furniture and Floor Covering Wholesaling
  • Household Appliance Wholesaling

  • Products & Services
  • Hair colouring and tinting
  • Haircutting services
  • Hair treatment services
  • Other hair-care services
  • Chart: Hairdressing and Barber Franchises Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Women aged 45 to 64
  • Women aged 25 to 44
  • Men of all ages
  • Women aged 24 and under
  • Women aged 65 and over
  • Chart: Major Market Segmentation for the Hairdressing and Barber Franchises Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Rent
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Hairdressing and Barber Franchises

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Hairdressing and Barber Franchises Industry

  • Industry Globalization
    Major Companies
    Just Cuts Franchising Pty LimitedHairhouse Warehouse Pty LtdBrabus PA Franchising Pty Ltd
  • Table: Just Cuts Franchising Pty Limited - financial performance
  • Table: Hairhouse Warehouse Pty Ltd - financial performance
  • Table: Brabus PA Franchising Pty Ltd - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Hairdressing and Barber Franchises Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Hairdressing and Barber Franchises Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • A technique in which dye is painted on hair in such a way as to create a graduated, natural-looking effect.
  • Diy Hair Treatment
  • The activity of purchasing hair products from a store and conducting salon-style treatments at home, such as colouring and styling.
  • Keratin Treatment
  • A method of temporarily straightening hair by sealing a liquid keratin and a preservative solution into the hair with a hair iron.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Hairdressing and Barber Franchises:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Hairdressing and Barber Franchises market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Hairdressing and Barber Franchises, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.