|
|
 |
|
Viewing report
|
|
|
|
Hair Care Services
First Research, Dec 2011, Pages: 10
First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the heavy lifting' by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospect's business issues.'
Executive Summary
Brief Excerpt from Industry Overview Chapter:
In the US, about 70,000 hair care salons (65,000 beauty salons; 5,000 barber shops) generate combined annual sales of about $19 billion. Major companies include Premier Salons, Ratner Companies, Regis Corporation, and Sport Clips. The industry is highly fragmented: the 50 largest companies generate about 15 percent of revenue.
COMPETITIVE LANDSCAPE
Demand is partly driven by demographics and partly by population growth. The profitability of individual companies depends on technical expertise and marketing skills. Big companies have few advantages over small ones, which is why the industry remains fragmented. Small companies can compete successfully through technical superiority or favorable location. The industry is highly labor-intensive: average annual revenue per employee is less than $45,000.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products are hair cutting, hair coloring, nail care, skin care, and merchandise sales. A typical salon offers haircutting and styling, coloring, shampooing, and permanents. Some salons also offer nail care, facial treatments, makeup, bikini waxing, massage, tanning, and other types of spa treatments, but the lower volume of demand for such specialty services often makes them uneconomical. Sales of hair care products are an important revenue source for many salons, providing from 5 to 15 percent of revenue. Gross margins are higher for hair care products than for services.
A typical salon occupies about 1,000 to 1,500 square feet and is located in a mall or strip center. A typical salon employs hairstylists who do the actual haircutting, colorists who specialize...
Product samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
The Professional Hair Care Market in South Africa 2010
Professional Haircare Market US - Hair Coloring, Hair Design -2008
The Mexican Professional Haircare Market 2009
Professional Beauty Male Grooming Market USA 2009
China Professional Beauty Market 2007
The Professional Hair Care Market Saudi Arabia 2010
Professional Beauty Services in the United States 2005
Mexico Professional Beauty Market 2007
The UK Salon Haircare Market 2011
Hand and Nail Care and Color in the United States 2011
|
|
|
|
