Industry Analysis & Industry Trends
All in all, about 135,640 people are employed in the Hairdressing and Beauty Treatment industry. Although the industry is highly fragmented, there are several larger companies that operate national franchises. These businesses have successfully expanded both domestically and internationally and have managed to generate profit above the industry average. Hairdressing salons dominate the industry and hair-related services generate over 69.0% of total revenue. Beauty services are expected to generate 23.0% of total industry revenue in the current year, up from 20.0% five years earlier... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry is highly fragmented and characterised by a large number of small independent salons. No operator dominates the market and the largest hairdressing company holds a market share of just 2.1%, despite having split its brands across the market. The top four players are estimated to hold 4.7% of the market.
Market concentration is low because there are few barriers to entry and many hairdressers and beauty therapists are self-employed. Self-employed hair stylists may work from home, operate a mobile service or even hire space in a salon. Consequently, a significant proportion of hair and beauty professionals are not employed by salons.
There are also a number of salon chains and franchise networks... purchase to read more