Global Salon Furniture Market Research Report 2024(Status and Outlook)

Global Salon Furniture Market Research Report 2024(Status and Outlook)

Report Overview

Salon Furniture are an important part of a hair salon or any hairdresser shop. Common salon furniture includes Barber Chairs, Stationary Shampoo Unit, Electric Shampoo Unit, Styling Chair, Workstations, Electric Treatment Bed/Chair, Reception Desks, Trolleys, Stools, etc. There is an increase in multipurpose chairs and electrical chairs, due to their ease of operation. These Salon Furniture are also used in wellness centers, beauty parlors, and spas. The use of colored and themed Salon Furniture is increasing to give salons a unique look and enhance the customer experience.

The global Salon Furniture market size is projected to reach US$ 8805.01 Million by 2029 from US$ 6673.56 million in 2022 at a CAGR of 4.04% during 2023-2029. The fashion industry had lots of influence and continuously evolved due to the entertainment industry. The new fashion was introduced and accepted by people because of the television and cinemas. These two industries also influenced grooming industries, as people copying hairstyles started spending more money on salons and hairdressers. Rising consumer awareness and acceptance of health and beauty as an essential part of everyday life has had an impact on the health and beauty industry. The beauty and wellness industry is expected to witness steady growth in the coming years, driven by rising demand for beauty services and products. These became the core driving force for the development of the salon furniture market, resulting in the growth of the salon furniture market.

Furthermore, rising disposable income and urbanization in developing countries are expected to lead to growing demand for salon furniture. As people's incomes increase and they move to cities, they are more likely to spend money on personal grooming and grooming, resulting in a greater demand for salon services and furniture. At the same time, salons and hairdressers are opening franchises and chains in cities as infrastructure and luxury activities develop. Hair salons are opening outlets in supermarkets, hypermarkets, and shopping malls, which is expected to increase the number of hair salons, thereby supporting the growth of the salon furniture market size during the forecast period. Coupled with consumers' preference for luxurious and comfortable salon experience and the rise of e-commerce, the salon furniture market will usher in continuous expansion in the future.

On the other hand, the salon furniture market has been facing insufficient demand from low-income segments who may not be able to afford the high-end products and services usually associated with salon furniture. Smaller salons are also facing stiff competition from modern salons, which account for a large portion of the salon and beauty market in developing countries. At the same time, the cost of producing quality salon furniture can be quite high, resulting in higher prices for the end consumer. This can lead to lower sales as customers may opt for less expensive alternatives or postpone purchases altogether. Optional non-essential salon services during the economic downturn will also cause consumers to cut back on spending accordingly. These can negatively impact the sales of salon furniture, affecting the overall growth of the industry.

COVID-19 has had a considerable negative impact on the salon furniture market, and the market size in 2020 will have a relatively large decline. The production of salon furniture was suddenly shut down, which led to a reduction in stocked products. Disruptions in supply chains have created problems in obtaining raw materials and supplying finished goods, especially across borders. These factors have also negatively impacted the salon furniture market. For consumers, COVID-19 has led to lockdowns, and many have had to maintain their hair and beards themselves. The advent of trimmers and hair clippers made it easier for any average person to cut their own hair with minimal supervision. Also, tutorials available on YouTube encourage people to experiment with grooming at home, making it a trend. Due to this ""do-it-yourself"" trend, salons are neglected, indirectly affecting the salon furniture market.

Segment by Type, the Salon Furniture can be split into Electric, Hydraulic, etc. Currently, the Hydraulic segment dominates the entire salon furniture market, its market size and has already occupied 24.11% of the market share, while the corresponding Electric segment is 20.85% . But the Electric segment will achieve a higher CAGR of 4.72% during the forecast period 2023-2029.

Divided by product type, salon furniture can be divided into Barber Chairs, Stationary Shampoo Unit, Electric-Shampoo-Unit, Styling-Chair, Vorkstations, Electric Treatment Bed/Chairs, Reception Desks, Trolleys, Stools, Others. For a long time, the Workstations department Occupying the highest market share, its proportion has reached 24.68% in 2022. During the forecast period, the Electric Shampoo Unit segment has the highest market growth rate, reaching a CAGR of 5.37%.

From the perspective of application scenarios, the salon furniture market can be divided into Hybrid Salons, Hair Care Salon, Facial and Skin Care Salon, Others. Due to the general demand for hair care, the market size of the Hair Care Salon segment reached 3774.84M USD and became the largest market share The sector with the highest market share will reach 56.56% in 2022. During the forecast period, due to the gradual saturation of the traditional salon model, the market size of the Hybrid Salons sector is expected to usher in faster expansion, reaching a CAGR of 5.54%.

On basis of geography, the Salon Furniture market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. Among them, Asia-Pacific has become the largest region with a market share of more than 35 %, slightly higher than Europe's 32.25%. People are becoming more and more aware of hair thinning and hair loss, and will go to barbershops and salons for treatment and to keep their hair healthy. This growing trend presents great opportunities for salons to open franchises or specialty hair salons in various regions. Not only big cities, small countries and developing countries are also major markets for hair salons and salons with a large number of clients seeking the latest and greatest products in the market. In the future, due to high consumer demand, the market size in the Asia-Pacific region will expand with the highest CAGR of 6.31%.

According to our calculation, the market concentration indicators of the salon furniture market, CR5 and HHI are 4.96% and 0.12% respectively. This means that the concentration of the entire salon furniture market is very low, and companies in the market are in fierce competition. Currently, the key players in the market include Takara Belmont, Beauty Garage, DIR Group, Mr. Beauty Equipment, GAMMA and BROSS S.p.A., Kaemark, EarthLite, LLC, Maletti S.p.A., Guangzhou Zhuolie Smart Furniture Manufacturing Co., Ltd., Buy-Rite Salon and Spa Equipment, Collions Manufacturing Co, Pibbs Industries, HBA Salon Equipment Pty Ltd., AGS Corporation, Comfortel Salon Furniture, BD Korea, Salon Ambience, Garfield Commercial Enterprises, SSIZ International Pvt. Ltd., Minerva Beauty, Inc., Foshan Yoocell Furniture Co. Ltd., HONGLI, Wadsworth Companies, Veeco Salon Furniture + Design, LCL Beauty Inc, Keller International, Marc Salon and Beauty Equipments Private Limited, Omwah, Jean-Modern's.

This report provides a deep insight into the global Salon Furniture market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Salon Furniture Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Salon Furniture market in any manner.

Global Salon Furniture Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Takara Belmont

Beauty Garage

DIR Group

Mr. Beauty Equipment

GAMMA and BROSS S.p.A.

Kaemark

EarthLite, LLC

Maletti S.p.A.

Guangzhou Zhuolie Smart Furniture

Buy-Rite Salon and Spa Equipment

Collions Manufacturing Co

Pibbs Industries

HBA Salon Equipment Pty Ltd.

AGS Corporation

Comfortel Salon Furniture

BD Korea

Salon Ambience

Garfield Commercial Enterprises

SSIZ International Pvt. Ltd.

Minerva Beauty, Inc.

Foshan Yoocell Furniture Co. Ltd.

HONGLI

Wadsworth Companies

Veeco Salon Furniture + Design

LCL Beauty Inc

Keller International

Marc Salon and Beauty Equipments Private Limited

Omwah

Jean-Modern's

Market Segmentation (by Type)

Electric

Hydraulic

Others

Market Segmentation (by Application)

Glass Vials

Disposable Syringes

Prefilled Syringes

Filling

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Salon Furniture Market

Overview of the regional outlook of the Salon Furniture Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Salon Furniture Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report. Show more