Personal waxing and nail salons have achieved mostly steady growth over the past five years despite widespread economic uncertainty and turbulent conditions. Industry revenue has been supported by rising demand for new products and services offered by the industry, and growth in the female population. Over the five years through 2014-15, industry revenue is expected to increase by an annualised 0.9%, to reach $525.3 million. Despite this result, the industry has not been entirely immune to the difficult economic conditions that caused consumer sentiment levels to plummet.
Operators in this industry offer nail-care services and non-surgical hair removal through body waxing. This industry does not include companies that primarily offer hairstyling or training in cosmetic arts, nor does it include electrolysis, make-up or tanning services.
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.