Personal Waxing & Nail Salons
The Personal Waxing and Nails Salons industry, which includes salons offering waxing and nail care services, has grown over the past five years. Given the industry's discretionary nature, robustly rising disposable income and falling unemployment rates over the past five years resulted in a greater number of consumers using industry services. Over the past five years, the number of nail and waxing salons steadily rose as more consumers, enticed by this popular mode of self-expression, began frequenting salons in greater numbers. Over the next five years, positive macroeconomic conditions will boost disposable incomes, increasing consumer spending and demand for price-premium personal care services. Nails-only salons will continue to diversify their service offerings to include services such as temporary hair removal, massages, facials and tanning.
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.
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