Industry Analysis & Industry Trends
The Hairdressing and Beauty Treatment industry has recorded a general decline of revenue over the past five years. Hair salons have remained relatively resilient through economic hardship in recent years due to the essential nature of the services provided. On the other hand, more expensive beauty salons have struggled due to the discretionary nature of services and the effects of falling disposable income during the first half of the five-year period through 2014-15. Sales of hair and beauty products within the industry have come under pressure from supermarkets and online retailers, although some industry operators now run their own online shops, which has helped to improve revenue figures in the more recent years... purchase to read more
Industry Report - Industry Locations Chapter
London represents the highest number of hair and beauty establishments, accounting for 16.3% of the UK total. London is more likely to be home to people who spend more on their appearance due to social and employment reasons. In addition, London is a global hub of the fashion world, with many small boutique salons specialising in high-quality, expensive styling.
Hairdressing and beauty services are essential services for most consumers so industry establishments tend to be located in heavily populated areas. London, the South East and the North West are expected to be home to 42.3% of industry establishments in 2014-15. Many urban areas with high population concentrations are located in these areas, such as Manchester, Leeds and Liverpool... purchase to read more