Industry Analysis & Industry Trends
The Hairdressing and Beauty Treatment industry provides treatments such as hair cutting, colouring, waxing and skincare. Industry revenue has declined marginally over the past five years. Basic hair salons have remained relatively sheltered from wider economic conditions, owing to their non-discretionary nature. However, consumers have become more willing to shop around for the best treatment deals. This has pushed down industry prices, constraining profit for industry participants. Furthermore, expensive beauty salons have struggled due to a combination of the discretionary nature of services and low consumer confidence during the first half of the five-year period through 2015-16. Overall, industry revenue is expected to decline at a compound annual rate of 0.3%... purchase to read more
Industry Report - Industry Products Chapter
The industry can be divided into two main segments: hairdressing services and beauty services. Hairdressing salons often offer beauty treatments in addition to hair-styling services, but beauty salons are more likely to specialise solely in beauty services. Beauty services can be segmented down to specific categories, such as skincare services, nail-care services and hair removal.
Hair cutting, styling and colouring
Haircutting, styling and colouring services account for approximately 64% of total industry revenue. This segment includes cuts for women, men and children, and blow-dry and styling services. It also includes styling services such as hair straightening treatments, including ionic and chemical straightening... purchase to read more