The Hairdressing and Beauty Treatment industry provides treatments such as hair cutting, colouring, waxing and skincare. Industry revenue has declined marginally over the past five years. Basic hair salons have remained 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. This has pushed down industry prices, constraining profit for industry participants. Furthermore, expensive beauty salons have struggled due to a combination of the discretionary nature of services and low consumer confidence during the first half of the five-year period through 2015-16.
This industry provides hairdressing and beauty services for men and women. 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. The industry includes hair and beauty salons and self-employed hair professionals and beauticians.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.