A cut above: Increased demand from men and rising treatment prices have supported growth

The Hairdressing and Beauty Treatment industry provides services such as hair cutting, styling and colouring, and beauty treatments such as skincare, manicures and pedicures. Industry revenue has grown over the past five years, with basic hair salons remaining 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, a trend aided by the rise of online shopping and growing prominence of price comparison websites, making consumers more accustomed to such behaviour. This has pushed down industry prices for much of the period, constraining industry margins. Nevertheless, industry revenue is expected to grow at a compound annual rate of 1.6%...read more.

Industry Statistics & Market Size
Revenue
£4.1bn
Annual Growth 14-19
1.6%
Forecast Growth 19-24
Profit
Employment
152,913
Businesses
34,074
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Growth has been steady, if modest, limited by pricing pressure and the level of competition
  • The online sphere has been key for operators, offering promotional advantages
  • The beauty segment of the industry is expected to benefit from rising demand for anti-ageing treatments
  • Industry Report - Industry Key Buyers Chapter

    The Hairdressing and Beauty Treatment industry has a low level of market share concentration. There are no major players and the largest company, Regis UK Ltd, holds a market share of just 1.5%. The top three players in the industry only account for an estimated 2.9% of the market.The industry is highly fragmented, with a large proportion of industry revenue coming from self-employed hair and beauty professionals that operate as freelancers. In 2018, 93.1% of enterprises employed fewer than 10 employees and only 0.2% employed 50 or more people. It is easy for operators to enter the industry due to its lack of regulation, low barriers to entry and relatively low start-up costs...purchase to read more.

    Additional Insights for the Hairdressing & Beauty Treatment Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hairdressing & Beauty Treatment Industry are

  • Superior financial management and debt management
  • Access to multiskilled and flexible workforce
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Real household disposable income and Consumer confidence index in the Hairdressing & Beauty Treatment industry impact industry performance..

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    What's in this report

    What is the Hairdressing & Beauty Treatment Industry?

    This industry provides hairdressing and beauty services through hair and beauty salons and self-employed hair professionals and beauticians. Hairdressing services include hair washing, trimming and cutting, setting, dyeing, tinting, blow drying, straightening and similar activities. Beauty services include make-up, skin care, waxing, facial massages, eyebrow and eyelash tinting, manicures and pedicures.

    Industry Products
  • Hair cutting, styling and colouring
  • Skincare services
  • Hair removal services
  • Nail-care services
  • Tanning and spray tan services
  • Product sales
  • Other hair services
  • Industry Activities
  • Hair washing, trimming and cutting, setting, dyeing, tinting, blow drying and straightening
  • Shaving and beard trimming
  • Facial massages, waxing and make-up
  • Manicures and pedicures
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Real household disposable income
  • Consumer confidence index
  • Demand from e-commerce and online auctions
  • Population aged 16 to 25 years

  • Current Performance
  • Cutting down
  • Online expansion
  • Chart: Revenue Growth

  • Industry Outlook
  • New markets
  • Special treatment
  • Prices and profit
  • Table: Hairdressing & Beauty Treatment Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Hairdressing & Beauty Treatment Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Electrical Appliance Manufacturing
  • Furniture, Carpet & Lighting Wholesaling
  • Perfume & Cosmetics Manufacturing
  • Perfume & Cosmetics Wholesaling

  • Products & Services
  • Hair cutting, styling and colouring
  • Product sales
  • Nail-care services
  • Skincare services
  • Tanning and spray tan services
  • Hair removal services
  • Other hair services
  • Chart: Hairdressing & Beauty Treatment Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged 35 to 44
  • Consumers aged 55 and older
  • Consumers aged 45 to 54
  • Consumers aged 25 to 34
  • Consumers aged 24 and under
  • Chart: Major Market Segmentation for the Hairdressing & Beauty Treatment Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesRentUtilities, depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Hairdressing & Beauty Treatment

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Hairdressing & Beauty Treatment Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Hairdressing & Beauty Treatment Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Hairdressing & Beauty Treatment Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Facial
  • A beauty treatment for the face involving a variety of skincare products.
  • Manicure
  • A beauty treatment for the hands and fingernails.
  • Pedicure
  • A beauty treatment for the feet.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Hairdressing & Beauty Treatment market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Hairdressing & Beauty Treatment:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Hairdressing & Beauty Treatment market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Hairdressing & Beauty Treatment, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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