The Personal Waxing and Nails Salons industry is looking sharp. Revenue gains have been led by a variety of product introductions, including matte nails, colored gel nails and threading, which have generated high growth for the industry. Additionally, given the industry's discretionary nature, robustly rising disposable income over the past five years resulted in a greater number of consumers using industry services. In the coming years, declining unemployment and increased disposable income will be the primary drivers of the industry's growth, as a greater number of consumers will be able to afford nail care and waxing services.
This industry comprises salons that primarily offer nonsurgical hair removal through body waxing and nail care services. This industry does not include companies that primarily offer hairstyling or training in cosmetic arts, nor does it include electrolysis, permanent makeup or tanning services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.