2019 Cosmetology and Barber Schools Market Research Report
Over the past 3 years, the Cosmetology and Barber Schools industry in the U.S. has averaged annual growth of 1.8% to reach $2.3 billion in revenue. The 2019 Cosmetology and Barber Schools Market Research Report is an in-depth evaluation of the industry in the United States.
The Cosmetology and Barber Schools industry includes companies primarily engaged in offering training in barbering, hair styling, or the cosmetic arts, such as makeup or skin care. These schools provide job-specific certification.
The report is based on extensive and comprehensive business surveys and is utilized for a range of strategic purposes, including benchmarking, due diligence, cost-cutting, planning, evaluating opportunities, forecasting, streamlining, and gap analysis. The report includes over 100 insightful data sets, such historical and forecasted industry sales, operating expense details, product line breakdown, financial ratios, benchmarks, wages, profitability, organizational analysis, revenue per employee, state statistics, price inflation, consolidation analysis, firm dynamics, pay ranges for different roles, firm size data, employment, and much more.
Below are select highlights from the report:
INDUSTRY SIZE
In 2018, industry sales were $2.3 billion
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INDUSTRY GROWTH
Over the past 3 years, the industry has grown at an annual rate of 1.8%
The report has historical, annual and forecasted growth rates
COMPANY GROWTH
There are 1,356 companies in the industry
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SALES PER COMPANY
In 2018, the average sales per company were $1.7 million
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INFLATION & PRICING
2019 forecasted inflation is 3.1%
The report has historicals, 4 years of monthly figures, and the 5-year forecast
PROFITABILITY
For unprofitable companies, the average net loss is -9%
The report has more on market and profitability dynamics
RIGHTSIZING ANALYSIS
Employee productivity is $104,961
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EXPENSE BENCHMARKING
2.6% of expenses are spent on health insurance
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OPERATING EXPENSES
In 2018, industry operating expenses grew 0.7%
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PAYROLL
In 2018, payroll per employee was $33,384
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PAYROLL BY STATE
California averages $33,711 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
8.9% of employees in the industry are in management positions
Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $18.48
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
The above highlights represent a small fraction of what you will find in this report.
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