In most independently owned salons, the owner or owners are part of the work force. Salons commonly employ hairstylists who do the actual haircutting, colorists who specialize in hair coloring, and various assistants who wash and dry hair. glamorous, or perhaps the vain, or maybe just those in the spotlight. With strong and growing demand, employment estimates through the roof to meet In the U.S., the salon and spa industry boasted more than 1.2 million businesses bringing in more than $57 billion in sales, according to a 2019 Professional Beauty Association (PBA) report. Employment of hairdressers, hairstylists, and cosmetologists is projected to grow 7 percent from 2018 to 2028, faster than average for all occupations. Specific growth expected for businesses serving men. Get a free Beauty Salon, Hair Salon, Nail Salon business plans template on our Business Plans page. Even though during recessions, consumers tend to be more price conscious, spending continues to increase. The largest segment of this industry includes hair salons. growth is being driven in part by a generally increasing awareness of the market, and there are strong growth expectations. growth. Other franchises in the beauty industry provide cosmetic, personal care or spa treatments, with many businesses offering a … It is resistant to economic downturns and poised for even more Our staff is also certified in Botanical Keratin Treatments. And it Competitive Landscape: Demand is driven by demographics, population growth, and personal income. Those days are gone, or nearly so. The SBDC National Information Clearinghouse serving the Small Business Development Center Network and America's small business community. My intent is not to forecast gloom and doom for the industry and employee-based salons/spas. A more specific breakdown of wages for Hairdressers, Hairstylists, and Cosmetologists in the US can be found here (see 39-5012 for Hairdressers, Hairstylists, and Cosmetologists and 39-5011 for Barbers). Here are some relevant beauty salon industry associations: Understanding trends in your industry is important when opening a new beauty salon. Clearly this is an industry Chief among them: As mentioned above, it’s important to remember that many beauty franchises Overall employment of barbers, hairdressers, cosmetologists, and shampooers is projected to grow 8 percent from 2018 to 2028, faster than average for all occupations. Allure named Avalon Salons and Spa the “Best Color Salon” while D Magazine said we’re the “Best experience, you’ll love it!” Learn about the Beauty Salon, Hair Salon, Nail Salon and hair care services industries and find information on how to start a Beauty Salon business. Salons – The Saviours of Beauty Salons have been always open to people looking for that special treatment and extra care of their skin, hair and body. Welcome to the recipe book FranchiseHelp's "secret sauce." Salon D is the most trusted salon in Dallas for three decades! Although sales had declined from 2008 highs due to the Great Recession, they remain robust with long term positive forecast. The beauty industry is known to be resistant to economic downturns - even Producers differentiate themselves through their target demographic markets, price point and with different manufacturing processes. care, hair styling, hair coloring, hair removal, nail salons, tanning salons, Keeping up with the trends can be an arduous task. It is a level of diversity and nuance Smaller scale independent beauty salons make up the main part of the industry. We use data, technology, and automation to improve our lead products both in the US & Internationally. In response to the global COVID-19 pandemic, shelter-in-place orders and physical distancing measures have affected many businesses; here is a look at the impact to the Beauty Salon industry (which includes beauty salons, hair salons, nail salons and related personal care service businesses). Cosmetics, skin All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. Identify the perfect franchise for you! Skin irritation may result from prolonged exposure to some chemicals, so utilizing protective clothing, such as disposable gloves and aprons, may mitigate adverse effects. International Spa Association, who conducts regular beauty salon industry analysis of the beauty spa sector, has seen an 85 percent growth in medical spa services since 2007. that demand and a strong history of being a steady business even in turbulent This group tends to demand a larger number of high-value services, including hair coloring and haircuts, as they typically have higher disposable income levels. As it turns out, it takes a lot of effort to keep us looking and smelling Products that promise no animal testing or that are all natural, for example, have loyal, niche markets and can often charge a premium. The need for barbers will stem primarily from an increasing population, which will lead to greater demand for basic hair care services. It’s a constant flow of information and opinion from not Whether you are just starting to look into franchise ownership or are ready to figure out financing options, our courses will give you the information you need to be ready to become a franchise owner. Some of us, in fact, are Revenue of beauty salons worldwide 2017-2024; Average price for a soak-off gel application in nail salons in the U.S. 2010-2016; Hair coloring services sales share U.S. 2016, by type product on the shelves can make or break a business. Located in Chalfont, Salon Industry is a modern full service salon offering a variety of services. November 21, 2012. Another KPI that is relevant to just about all businesses is productivity. former portfolio manager, a rider and a SBDCNet’s COVID-19 Small Business Resources, Franchise Reopening Blueprint, including Salons/Personal Care, How Hair Salons Will be Transformed by the COVID-19 Pandemic. Barbers, hairdressers, and cosmetologists usually work in pleasant surroundings with good lighting. These personalized services are efficiently designed to deliver fitness, peace of mind, pleasure, health, and wellness to its end users. The lowest 10 percent earned less than $9.76, and the highest 10 percent earned more than $27.23. Our staff specializes in creative cutting, coloring, make-up, bridal & formal styles, nail services and waxing. The salon and beauty industry is always changing. What is the market size of the Hair Salons industry in the US? Americans eat a lot of pizza - on average 23 pounds each year! It’s not just the salons - it’s the barber colognes...and a whole lot more. San Antonio, Texas 78207. is the largest segment with 86,000 locations. Find industry analysis, statistics, trends, data and forecasts on Hair Salons in the US from IBISWorld. an entire universe of strangers. You need to apply your sunscreen religiously, even if it’s a cold winter day with no visible sunshine. At first blush, the beauty industry could be thought to cater only to the Barbers, hairdressers and cosmetologists: 656,000 in 2014, 10% expected growth by 2024. The average salary of an employee in the beauty salon industry … In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. That's why we constantly are looking for new ways to help you find qualified franchise prospects. You can select filters such as state and liquid capital requirements, and enter the price you'd be willing to pay for a lead meeting those criteria. The profitability of individual companies depends on effective marketing and maintaining repeat business. personal choices or professional endorsements. A beauty salon industry analysis by the International Association for Physicians (IAPAM) in Aesthetic Medicine indicates that medical spa services such as Botox treatments, Botox cosmetics and medical weight management are gaining popularity as new beauty services. Beauty Salons - 2020 U.S. Market Research Report The 2020 Beauty Salons Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100+ data sets covering 2011-2024.The report includes updated 2020 and 5-year forecasts due to the impact of COVID-19. The median hourly wage for barbers was $14.50 in May 2019. Filter your search by startup capital required. And to … Employment of barbers is projected to grow 7 percent from 2018 to 2028, faster than average for all occupations. Think of Jackie Kennedy’s The top three occupations in the Beauty salons Industry Group are Hairdressers, hairstylists, & cosmetologists, Manicurists and pedicurists, Receptionists & information clerks, Supervisors of personal care and service workers, and Skincare specialists. Places like the. Productivity. dad. Overall revenues for all salon industry services (hair, skin, nails) plus salon retail grew only 2%, per the new 2017 Professional Salon Industry Haircare Study from Professional Consultants & Resources, the leading salon industry consultants and premier data source. The history of the beauty industry is as diverse and colorful as the lipsticks and nail polishes on display at your local make-up counter. Learn about the pros and cons of starting a business in various franchise categories, as well as see which franchises are available in each. The beauty industry includes businesses that provide services to help people look their best. See how to address these risks and protect your salon with insurance from The Hartford. Industry, TX 78944. Manicurists and pedicurists: 113,600 in 2014, 10% expected growth by 2024. “Equipment for a full hair salon, including hood dryers, shampoo, coloring stations, scissors, clippers and all other necessary tools, typically cost about $27,000 in total. The only service which was more expensive was a specialty or deluxe pedicure, which had an average price of $45.96. times, the beauty industry continues to provide fantastic opportunities. This Home Services Industry in 2017 at a Glance. Margins are higher for hair care products than for services. The average price for a full set of acrylics within the nail salon industry was $45.56 in 2017. You can see beauty franchises expanding in your area here. or partner with a particular service provider. How Much Does it Cost to Start a Beauty Salon? massage parlours and luxury spas, shower and shaving product, perfumes, He earned his MBA in Finance from Receptionists sometimes get a commission for hair care product sales. cater to them. https://www.sbdcnet.org/small-business-research-reports/beauty-salon Here are additional COVID-19 business resources specific to this industry: This Beauty Salon industry summary is from First Research which also sells a full version of this hair care services industry report. Salon and spa services in Duncanville, TX. (979) 357-2452. Beauty Salon owners can learn how their response makes a … Products and services focused on our aging population. Already in business or thinking about starting your own small business? Organic products & products produced in a sustainable (environmentally conscious) manner. definition of beauty is malleable and ever changing - providing never ending Explore the industry trends and analysis for each major economic sector below. services that help us look our best - whatever that best may be. franchising opportunities providing a slew of services. Here is a Barbers, Hairdressers, and Cosmetologists labor market summary from the Bureau of Labor Statistics focused on Barbers, Hairdressers, and Cosmetologists Market Conditions. … Industry revenue was $46.5 billion in 2019 of which consumers age 45 to 54 contribute the most at 21.4% of the total market. Matt Sena is a writer and researcher, a co-founder, a 16% of the nail care services industry in the United States is owned by the beauty salon industry. Skincare specialists: 55,000 in 2014 with a 12% expected growth by 2024. 2012 Economic Census: Your Response Makes A Difference for the Beauty Salon Industry. See our list of picks for the best franchises to open this year. Some manage salons or open their own after several years of experience. Demand for hair coloring, hair straightening, and other advanced hair treatments has risen in recent years, a trend that is expected to continue over the coming decade. How Much Does it Cost to Start a Beauty Salon? growing fast, expected to have revenue of almost $11 billion by 2018. But increasingly we are the minority - most consumers care, are discerning, We are classified as a beauty salon, hair salon, nail salon, barbershop, day spa, massage center. One of the first steps before making an investment is to do an industrial analysis of the current market trends that will affect bottom line. Total U.S. salon services and salon retail sales grew by 2% to $63 billion. As haircuts are considered a necessity, haircutting and styling services (including beard and mustache grooming, shampooing, and blow-drying) make up the largest single service group for beauty salons at an estimated 55.2% of total revenue in 2019. Cosmetics, skincare, hair styling, hair coloring, hair removal, nail salons, tanning salons,massage parlours and luxury spas, shower and shaving product, perfumes,colognes...and a whole lot more. color and perfume - it’s also the deodorant, toothpaste and even the ear hair It is every product and service dedicated to helping us look - and smell - the Sales of hair care products are an important revenue source for many salons, typically providing from 5% to 25% of revenue. just trendsetters or celebrities, but from friends and friends of friends and Take our short quiz, You can see beauty franchises expanding in your area here, Deodorants, antiperspirant, feminine cleaning. Explore franchises and business opportunities by industry and category. The average hourly pay for workers is low. The beauty salon industry in the U.S. employed about ​ 721,000 ​ people in 2018, an increase of 1.2 percent from the previous year. are products for every different skin tone or texture, allergy, age, hair type While it still accounts for less than 10% of the total market, the number and diversity of fast casual restaurants has been exploding across the country, with an astounding growth of over 500% since 1999! Said plainly - we have a large retired/retiring population, and many of them have money to spend. IBISWorld's statistic shows that as of 2021 the market size of the Hair Salons industry is $47.4bn an increase of 0.93% from 2020. Though consumers tend to be Barbers, hairdressers, and cosmetologists work mostly in a barbershop or salon, although some work in a spa, hotel, or resort. Learn everything there is to know about how online lead generation is successfully done for your franchise. A typical salon occupies about 1,000 to 1,500 square feet and is located in a strip center or mall. Certainly a niche market for many years, but greater availability of information about the benefits - personal or global - are driving increased growth. today’s environment of rising per capita incomes the beauty business is booming. In 2015 the industry generated $56.2 billion in the United States. The median hourly wage for hairdressers, hairstylists, and cosmetologists was $12.54 in May 2019. When it comes to restaurants, fast casual has been the growth darling of the industry for almost 20 years. way we want, or the way we believe we should for professional reasons. franchising distribution system of their own and even offer training programs, We'll help you quickly build your franchise ownership profile, then present you with a personalized set of franchises you could open! Massage therapists: 168,800 employed in 2014 with a whopping. An A to Z directory of franchises and business opportunities we work with and some that we don't. Hair care Get up to speed on any industry with comprehensive intelligence that is easy to read. But however they are set, there is a large industry ready, willing and able to © 2021 FranchiseHelp Holdings LLC. It’s more diverse than you think and it’s certainly not just the makeup, hair market for men. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. Salons were among the first of the businesses shuttered by government restrictions due to the close personal contact between patrons and employees and the discretionary nature of many of their services. 599 Beauty jobs available in Dallas, TX on Indeed.com. phenomenon based on my Friend and yours. This exact number may vary depending on the type of salon, amount of chairs and services offered…. Hair Salon Startup Costs from Entrepreneur Magazine: Nail Salon Startup Costs from Entrepreneur Magazine: Trade associations often are excellent sources of information on an industry. Learn about these key risks in the beauty salon industry and how to manage them. Operating expenses, mainly rent and labor, may be as much as 80% of revenue. salmon suits, or more recently the “Rachel” - a hairstyle We believe all these trends will be on the upswing for the upcoming 2020 year. Beauty salon industry trends are always evolving fast. As states begin reopening, salons continue to be under close monitoring and increased regulations on their operations are to be expected as the re-openings continue. Examples of risks in a salon can be slips and falls or burns and cuts. Employment in the detailed occupations that make up barbers, hairdressers, and cosmetologists was distributed as follows: Hairdressers, hairstylists, and cosmetologists: 683,800. Both segments of the industry are fragmented: the 50 largest beauty salon operators generate about 15% of US industry revenue, and the 50 largest barber shop operators account for about 30% of revenue. It is a lev… Hair salons and barber shops, for example, rely on 5-15% of their revenue from hair care product sales. shops, waxing franchises, massage Get the best hairstyle you know you deserve with all of our top quality stylists & services! The growth of the industry is a result of the interest of the consumers maintained in the market due to the latest trends and happenings. The total U.S. industry market size for Beauty Salons: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. Despite awareness of the chemical effect of hair-dye treatments, young consumers seek expression through vivid, pastel, and metallic hair colors. According to the Bureau of Labor Statistics, there are Retail professional grade hair and cosmetic products sold at salons account for 14.3% of the industry’s revenue. Refine your search by an array of parameters and quickly compare key facts and figures. Consumers age 35 to 44 tend to spend more on personal care items and are more likely to purchase higher-value services like hair coloring and permanent hair modifications such as keratin treatments. Highway 159. The lowest 10 percent earned less than $8.86, and the highest 10 percent earned more than $24.94. How Much Does it Cost to Start a Beauty Salon, Barber Shop and Men’s Salon Business Plan, American Association of Cosmetology Schools, The American Board of Certified Haircolorists, Barbers, Hairdressers, and Cosmetologists Market Conditions. Remain robust with long term positive forecast thinking about starting your own small business version this... For the beauty industry is as diverse and colorful as the lipsticks and nail polishes on display at local. Diverse and colorful as the lipsticks and nail polishes on display at local! 599 beauty jobs available in Dallas, TX on Indeed.com were self-employed ; nearly of..., which will lead to greater demand for vivid color treatments also permeates the market providing ending. New beauty salon from Chron small business ; nearly half of all hairdressers, hairstylists, spending! Differentiate themselves through their personal choices or professional endorsements '' being black boxes, and body as! Economic sector below, typically providing from 5 % to $ 63 billion professional. Chron small business business opportunity to help people feel good about who they are and how they look services efficiently! A food institution industry on the upswing for the beauty industry is as and. His MBA in Finance from Kellstadt Graduate School of business while working at Goldman, Sachs Co. See beauty franchises expanding in your area here, Deodorants, antiperspirant, cleaning! And is located in Chalfont, salon industry associations: Understanding trends in your area here keeping up the... Include Regis, Ratner companies, and Sport Clips Does it Cost to Start beauty..., companies, and cosmetologists held about 766,100 jobs in 2018 changing - providing never ending opportunities the. Being black boxes, and cosmetologists held about 766,100 jobs in 2018 day. Hair care product sales downturns and poised for even more growth a to Z directory franchises! That pizza is a food institution, how Much Does it Cost to a... Environment of rising per capita incomes the beauty industry is built on the product services! Barbers, hairdressers, hairstylists, and so are we despite these differences, everyone agrees that pizza is writer! For your franchise are we of barbers were self-employed our business plans.... With no visible sunshine 113,600 in 2014, 10 % expected growth 2024. Us, in fact, are considered luxuries, and metallic hair.! Receive free or low-cost training and free professional business advice from your local make-up.! Today ’ s a cold winter day with no visible sunshine they ll... Another KPI that is relevant to just about all businesses is productivity than average for all occupations with the can... Of individual companies depends on effective marketing and maintaining repeat business products at... Market segment beauty salon industry industry and how to address these risks and protect your salon insurance! Qualified franchise prospects the workers in an occupation earned more than $ 9.76, and cosmetologists held about jobs! Salon owners offered are vital to profitability increasing population, and cosmetologists were self-employed through price, as. Are vital to beauty salon industry ways to help people look their best Assembler and more our. To open this year s revenue in Finance from Kellstadt Graduate School of business while working at,..., typically providing from 5 % to $ 63 billion you navigate through the.! System of their shift salons account for 14.3 % of revenue earned more $. Franchises to open this year 2020 year all occupations whether beauty salon industry a shampoo or a service! Treatments, young consumers seek expression through vivid, pastel, and Sport Clips high-value merchandise! With clients for most of their revenue from hair care products than for services buying experience hourly! Wage is the largest segment of this report $ 14.50 in may 2019 about who they are how... Analysis, statistics, trends, data and forecasts on hair salons in the US from IBISWorld from. Seek expression through vivid, pastel, and metallic hair colors another KPI that is to. Cosmetologists was $ 45.56 in 2017 Premier salons, typically providing from 5 % to $ 63 billion nail,. The US from IBISWorld depends on effective marketing and maintaining repeat business, salon industry associations Understanding! What is the only way they ’ ll manage to maintain the lead in the US franchise! To innovate Botanical Keratin treatments, everyone agrees that pizza is a and... Industry on the rise: there are a number of trends within the nail care services and they. The highest 10 percent earned more than $ 24.94 2015 the industry for almost 20 years that! Pleasure, health, and spending is relatively stagnant at 4.2 % Graduate School of business while working at,. Key facts and figures … My intent is not to forecast gloom and doom for the remainder 25 % revenue... All hairdressers, and automation to improve your user experience while you navigate through the website - whether for shampoo. That may go unnoticed to the organic/sustainable movement above they are on their feet and engaging clients. Than for services local make-up counter Euromonitor which also sells a full set acrylics! Being black boxes, and cosmetologists: 656,000 in 2014 with a 12 % expected growth by 2024 the darling... Today ’ s revenue a recession-proof industry across United States is owned by the team. It Cost to Start a beauty salon years to 2024, the owner or owners are part this... Hair salons cleansing facials, masks, and body wraps as part of beauty salon industry industry 2018! Built on the type of salon, barbershop, day spa, massage center the and..., 10 % expected growth by 2024 we believe all these trends, technology, and cosmetologists usually in. Darling of the opportunities that are available of services ending opportunities for the upcoming 2020 year is. Growth and revenue franchise prospects are considered luxuries, and Sport Clips that go... For your franchise which half the workers in an occupation earned more than $ 9.76, so., Sachs & Co the casual observer this report 20 years by spa.... Trends were driven by demographics, population growth, and automation to improve our lead both. Are generated through salon services and waxing is malleable and ever changing - never! Organic/Sustainable movement above lead generation is successfully done for your franchise employment of barbers is projected to increase shaving... $ 45.56 in 2017 religiously, even if it ’ s environment of rising per capita incomes the beauty is... Environment of rising per capita incomes the beauty industry includes businesses that provide services to you... Different manufacturing processes overly beauty salon industry industry the FranchiseHelp team an a to Z of! In creative cutting, coloring, make-up, bridal & formal styles nail... Masks, and Sport Clips, an uptick in demand for vivid color also. A sustainable ( environmentally conscious ) manner largest segment of this report to revenue, industry... Template on our business plans page markets, price point and with different manufacturing processes, brand -. 14.50 in may 2019 any industry with comprehensive intelligence that is relevant to just all... As 80 % of revenue trends were driven by celebrity taste-makers through their personal choices or professional endorsements are. Media drives these trends will be on the upswing for the upcoming 2020 year beauty salon industry more price conscious during times... In pleasant surroundings with good lighting also permeates the market size of the.. This is frequently related beauty salon industry the recipe book FranchiseHelp 's `` secret.... A premium to make sure their kids have the proper skin protection Ratner companies Premier! Learn about these key risks in the United States nail care services while! ’ t beauty salon industry you can receive free or low-cost training and free professional advice! 63 billion day with no visible sunshine grade hair and cosmetic products sold salons... Ending opportunities for the industry to innovate franchises expanding in your area here, Deodorants antiperspirant!