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Hairdressing, Beauty Treatment in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hairdressing, Beauty Treatment Market Research Report | SIC S96.020 | Mar 2013

Cutting it fine: Reduced consumer spending leaves little for hair and beauty services

IBISWorld’s Hairdressing, Beauty Treatment market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£4bn
Annual Growth 08-13
0.7%
Annual Growth 13-18
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Profit
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Employment
131,450
Businesses
22,627
Industry Analysis & Industry Trends

In recent years, hair and beauty salons' revenue and profit have lost their lustre. The recession has taken its toll on the industry, causing consumers to cut back discretionary spending on hair and beauty treatments, which has lowered sales and profit margins for salon owners. During the five years through 2012-13, industry revenue has only breached 1.0% growth once. Revenue is forecast to rise by a tepid 0.5% in 2012-13 as weak economic conditions prevail. During the five years through 2012-13, industry revenue is estimated to grow at a compound annual rate of 0.7% to reach £3.9 billion.

The industry covers hair and beauty salons, as well as self-employed hair professionals and beauticians... purchase to read more

Industry Report - Starting a New Business Chapter

There are relatively low barriers to entry for the industry, as indicated by the high number of small businesses. Capital requirements are relatively low, and self-employed hairdressers and beauticians are able to rent space in existing salons, thus avoiding many of the costs of starting up a salon themselves. Independent operators may also operate from their own homes, or run a mobile business, each involving minimal capital costs.

The industry is not regulated beyond the usual requirements of employment and health and safety laws. Operators do experience a strong level of competition from other salons though, which may deter some from entering the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hairdressing, Beauty Treatment Industry?

This industry provides hairdressing and beauty services. Hairdressing services include hair cutting and styling, colouring, straightening and other treatments. Beauty services include skin care, waxing, massage, eyebrow and eyelash tinting, manicures and pedicures. The industry covers not only hair and beauty salons but also self-employed hair professionals and beauticians.

Industry Products
Cutting and styling hairColouring hairOther hair servicesBeauty servicesProduct sales
 
Industry Activities
Hair washing, trimming and cutting, setting, dyeing, tinting, waving and straighteningShaving and beard trimmingProviding facial massages, manicures and pedicuresApplying make-up


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