How Many Beauty Salons Located in The US Offer Hair Coloring Service?
“How Many Beauty Salons Located in The US Offer Hair Coloring Service?” is an issue attracts much attention of people. The following article will give more infprmation about this.
In 2016, it was about 75.000 beauty salons located in the US offer hair coloring services. Franchise businesses make up less than 15% of the industry. Below is a detailed description of author’s results.
Findings of How Many Beauty Salons Located in The US Offer Hair Coloring Service
In accordance with market data in 2014, the latest research author could find that was free off charge and openly accessible in this particular topic. In this research, there had 82.000 beauty salons situated in USA provide services of hair coloring. According to the research, “a typical salon includes hair cutting and style, coloring, shampooing, and permanents.” The hair care market accounts for around $56 billion in sales, accounting for 24 percent of total income in the beauty business.
Looking at the industry growth stated in this article to get a more up-to-date statistic. It discovered that the salon sector in the United States had risen at a 3 percent annual pace in terms of revenue over the previous two years. The number of salons, on the other hand, fell by 8.7 percent, “as conventional commission-based salons closed in considerable numbers and enormous rental suites opened.” (You may note that this article says that there are 270,000 salons and barbershops in the United States. That is far higher than the other report’s number of 82,000. However, this figure includes skin and nail salons as well as hair salons, which is why I did not include it.)
Therefore, if the number of salons declined by 8.7 percent, we may estimate that there were around 75,000 hair care salons in the United States in 2016. (82,000 – 8.7 percent ).
However, Modern Salon noted this year that hair coloring remained a fundamental service at salons in the United States. Besides, that service has expanded by about 3.6 percent. Furthermore, the number of barbers, hairdressers, and cosmetologists in the USA is expected to increase by 10% by 2024.
Eventually, the top 50 biggest companies in this industry account for just 15% of industry sales, showing that the market is extremely fragmented and dominated by tiny, non-chain organizations, according to the 2014 research.
Finally, there are an estimated 75,000 beauty establishments in the United States that provide hair coloring treatments. This market projectes to be worth $56 billion and accounts for 24% of the beauty industry. The market is highly fragmented, with the top 15 chain businesses contributing for only 15% of overall industry sales.