Industry Analysis & Industry Trends
The Hairdressing and Beauty Treatment industry provides treatments such as hair cutting, colouring, waxing and skincare. Over the past five years, industry operators have focused on lowering their prices to make their services more affordable. Operators want their services to be regarded as necessities rather than indulgent and discretionary purchases. Consumer confidence is expected to fall over 2016-17, negatively affecting the industry. In the beginning of the period pessimistic expectations about the economy led to decreased demand for discretionary services, which hampered revenue growth. However, basic salon services are generally not affected by adverse economic conditions due to their non-discretionary nature... purchase to read more
Industry Report - Industry Products Chapter
Industry services can be broken down into two sections; hairdressing services and beauty services. Hairdressing services include, hair washing, tinting, waving, straightening, trimming and cutting. Beauty services include skincare services, nail-care services, massages and hair removal. Over the past five years, the line differentiating hairdressing salons and beauty salons has become blurred, with salons often offering both types of treatments rather than limiting themselves to just one.
Hair cutting, styling and colouring
The largest segment for operators is estimated to be the hair cutting, styling and colouring segment, which accounts for approximately 60% of total industry revenue. Thi.. purchase to read more