The global beauty salon market size was estimated at around USD 155.67 billion in 2023 and it is projected to hit around USD 337.64 billion by 2033, growing at a CAGR of 8.05% from 2024 to 2033.
In the ever-evolving landscape of personal care and wellness, beauty salons stand as key players, catering to the growing demands of individuals seeking grooming and relaxation services. This overview delves into the multifaceted beauty salon market, exploring its key components, trends, and the factors shaping its dynamic landscape.
The growth of the beauty salon market is propelled by a confluence of factors contributing to its expanding landscape. Firstly, the increasing emphasis on personal grooming and wellness in contemporary society has fueled a surge in demand for beauty services. Individuals, driven by a desire for self-care and enhanced appearance, actively seek the expertise offered by beauty salons. Additionally, changing demographics and rising disposable incomes play a pivotal role in the market's growth, as consumers allocate a greater share of their spending towards beauty and aesthetic services. The industry's adaptability to evolving beauty standards and trends further cements its robust growth trajectory. With consumers prioritizing holistic experiences that go beyond traditional services, beauty salons are tapping into innovation, technology, and sustainability, shaping a market that continuously meets the dynamic needs and expectations of its diverse clientele.
| Report Coverage | Details |
| Growth Rate from 2024 to 2033 | CAGR of 8.05% |
| Market Size in 2023 | USD 155.67 billion |
| Market Revenue by 2033 | USD 337.64 billion |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
The global beauty salon industry specifically for hair care offers lucrative opportunity for the service providers due to the increased preference of various hair treatments such as hair coloring, hair styling, silk press, perms, hair straightening, and many more. According to Trafft in June 2023, in the U.S. hair salon industry, around 92% of revenue, is generated from the provision of various hair related services. Among these services, haircutting and styling segment held the largest revenue share of 63% in 2023. Additionally, hair coloring services make up 23% of the total revenue. This highlights the contribution of hair related services to the overall growth in the beauty salon industry.
In 2023, there has been a noticeable change in consumer behavior, particularly in the beauty industry, where an increasing number of men are opting to visit beauty salons. This shift indicates that men are showing a greater interest in grooming and self-care services traditionally associated with beauty salons. With the growing popularity of skincare among celebrities and social media influencers, it has become a regular part of daily grooming for many individuals. This trend indicates a positive outlook for future demand in the beauty salon market. In addition, numerous male influencers on platforms like YouTube, Instagram, and Facebook contribute to the widespread acceptance and normalization of facials, hair treatments, manicures, pedicures, and many other services for men.
The Asia Pacific dominated the market with the largest market share in 2023, driven by the rising disposable income, consumers are willing to spend more on premium and higher-quality services, including beauty salons that use organic beauty and personal care product.
Additionally, in India, the beauty salon market is one of the fastest-growing service sectors owing to the changing consumer trend such as increase in male footfall in beauty salons as compared to pre-covid times. According to an article in Times of India newspaper in September 2020, men displayed a greater eagerness to change their lockdown appearance compared to women. A higher percentage of male customers started visiting salons, and they are not limiting themselves to just haircuts since the pandemic. Following the reopening of beauty salons, there has been a 3% to 4% increase in male clientele compared to women.
By Service Type
By End-user
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Beauty Salon Market
5.1. COVID-19 Landscape: Beauty Salon Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Beauty Salon Market, By Service Type
8.1. Beauty Salon Market, by Service Type, 2024-2033
8.1.1. Hair Care
8.1.1.1. Market Revenue and Forecast (2021-2033)
8.1.2. Skin Care
8.1.2.1. Market Revenue and Forecast (2021-2033)
8.1.3. Nail Care
8.1.3.1. Market Revenue and Forecast (2021-2033)
Chapter 9. Global Beauty Salon Market, By End-user
9.1. Beauty Salon Market, by End-user, 2024-2033
9.1.1. Men
9.1.1.1. Market Revenue and Forecast (2021-2033)
9.1.2. Women
9.1.2.1. Market Revenue and Forecast (2021-2033)
Chapter 10. Global Beauty Salon Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.1.2. Market Revenue and Forecast, by End-user (2021-2033)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.1.3.2. Market Revenue and Forecast, by End-user (2021-2033)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.1.4.2. Market Revenue and Forecast, by End-user (2021-2033)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.2.2. Market Revenue and Forecast, by End-user (2021-2033)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.2.3.2. Market Revenue and Forecast, by End-user (2021-2033)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.2.4.2. Market Revenue and Forecast, by End-user (2021-2033)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.2.5.2. Market Revenue and Forecast, by End-user (2021-2033)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.2.6.2. Market Revenue and Forecast, by End-user (2021-2033)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.3.2. Market Revenue and Forecast, by End-user (2021-2033)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.3.3.2. Market Revenue and Forecast, by End-user (2021-2033)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.3.4.2. Market Revenue and Forecast, by End-user (2021-2033)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.3.5.2. Market Revenue and Forecast, by End-user (2021-2033)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.3.6.2. Market Revenue and Forecast, by End-user (2021-2033)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.4.2. Market Revenue and Forecast, by End-user (2021-2033)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.4.3.2. Market Revenue and Forecast, by End-user (2021-2033)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.4.4.2. Market Revenue and Forecast, by End-user (2021-2033)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.4.5.2. Market Revenue and Forecast, by End-user (2021-2033)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.4.6.2. Market Revenue and Forecast, by End-user (2021-2033)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.5.2. Market Revenue and Forecast, by End-user (2021-2033)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.5.3.2. Market Revenue and Forecast, by End-user (2021-2033)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Service Type (2021-2033)
10.5.4.2. Market Revenue and Forecast, by End-user (2021-2033)
Chapter 11. Company Profiles
11.1. Great Clips Inc.
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Regis Corporation
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Dessange International
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Ulta Beauty Inc.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. LTE Scientific
11.5. The Lounge Hair Salon
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Others
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers