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Salon Industry Numbers Help Boost Beauty Growth

Posted: February 9, 2012

Total revenues for all salon industry services (hair, skin and nails) plus salon retail grew at a robust 4.2% in 2011 to $72.41 billion, according to the new 2011 Professional Salon Industry Haircare Study from Professional Consultants & Resources. The total U.S. salon hair care market segment (services and retail) measured $61.32 billion and grew at about 3.5%, and currently there are nearly 280,000 salons and barbershops in total in the United States.

“The state of our industry is strong,” says Cyrus Bulsara, president of Professional Consultants & Resources. “Economic recovery, looser credit and higher disposable incomes all combined to increase salon visits and frequencies for services, which resulted in better product sales to salons and clients. Hair color, straightening/smoothing, and basic cutting and styling services were all major growth drivers, primarily at booth-rentals, family/economy chains and men's barbershop chains. Nail care rose a phenomenal 24.5%, the highest on record.”

Study highlights, current trends and robust growth sectors indicate strong future salon industry growth:

The 2011 study sections also revealed shipment market share data for top companies, with L’Oréal, P&G Professional Care and Paul Mitchell, respectively, ranked as the top three manufacturers. Zotos (including Joico), Estée Lauder, Colomer and KAO (Goldwell/KMS California) followed.

More information on this study available by click here.