[187 Pages Report] The Spas & Beauty Salons Market size was estimated at USD 169.55 billion in 2023 and expected to reach USD 178.88 billion in 2024, at a CAGR 5.97% to reach USD 254.53 billion by 2030.
Spas & beauty salons include various services such as massage, facial treatments, waxing, tanning, pedicures, manicures, hair styling and coloring, and body treatments, among others. Some spas & beauty salons may offer more specialized and personalized beauty treatments, such as skin peels or makeup applications. Spas are known for providing luxurious treatments, such as massages and spa packages focusing on relaxation, while beauty salons generally focus more on aesthetics. The United States citizens spend more on grooming and personal care services due to the increasing focus on physical appearance and easy access to a wide range of services. The rising awareness regarding the benefits of spas & inclination towards aromatherapies are encouraging the millennial population to vail the spa & beauty salon services. However, the high cost associated with the services may refrain consumers from visiting the spas & beauty salons. Moreover, the rising trend of personalized at-home beauty services and celebrity endorsements are expected to influence the United States population to avail of spa & beauty salon services.
The spa & beauty salon market across the United States represents a highly competitive landscape and innovative landscape owing to the presence of well-established spa & beauty salon facilities and the growing trend of grooming and beauty treatments among the women and youth population in the region. The presence of top-tier spas & salons in the states including Los California, Florida, Illinois, New York, and Texas, among others offering various services ranging from massage therapy to hair styling and manicures and pedicures are encouraging individuals to visit and avail these services in the spas & beauty salons in the region. In addition, spas have become a popular attraction for tourists visiting the state's well-known resorts and beach destinations along its coastline. The growing smartphone penetration and ease of booking spas & beauty salon appointments through apps and websites are accelerating the growth of the spas & beauty salon market in the United States. Besides, the spas & beauty salons in the region focus on providing high-quality services by employing innovative technologies to expand the consumer base, which is anticipated to encourage the growth of the spas & salons market in the United States.
The FPNV Positioning Matrix is pivotal in evaluating the Spas & Beauty Salons Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Spas & Beauty Salons Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
MK Professional USA & Savio John Pereira brand of salons announce partnership
Savio John Pereira has recently announced a strategic partnership between his salon SJP and MK Professional USA. This partnership aims to promote MK’s new product called BONT-X, developed for peptide hair care. Through this partnership, SJP launched MK Bontx, the next-gen hair botox with an exotic & innovative mix of plant-based ingredients and peptide fillers that give volume to hair and transform highly damaged and frizzy hair leaving it soft, smooth & shiny. [Published On: 2023-04-27]
Seneca Niagara Resort & Casino partners with Il Mulino to provide salon & medical spa services
Seneca Niagara Resort & Casino has collaborated with Il Mulino, a local provider of salon and aesthetics services and treatments, to offer salon and medical spa services within The Spa at Seneca. This partnership aims for guests to experience a wider range of luxury services and to elevate personal care in the community to the next level. [Published On: 2023-03-14]
Dallas-Based Mattison Avenue Salon Suites & Spa Adds Location in Las Colinas
Mattison Avenue Salon Suites & Spa is expanding to the Las Colinas area of Irving, Texas, by acquiring the former Hightower Salons. Through this expansion, Mattison Avenue Las Colinas will have over 60 suites available for beauty and personal care professionals looking to grow their brand. [Published On: 2023-02-08]
The report delves into recent significant developments in the Spas & Beauty Salons Market, highlighting leading vendors and their innovative profiles. These include AIRE ANCIENT BATHS, S.L., Bradley and Diegel Salon, Butterfly Studio Salon, Ceron Hair Studio, Classical Concepts Salon and Spa, Cynergy Spa, DHS We Care Inc., Hand & Stone Massage and Facial Spa, Hyatt Hotels Corporation, Jean-Claude Biguine, John Barrett, Lake Austin Spa Resort, Lakme Cosmetics, Massage Envy Franchising, LLC, Mattison Avenue Salon Suites & SPA, Metropolis Salon, MK Professional, Muse Salon and Spa, New Enchantment LLC, Paris Parker Salon & Spa, Paul Labrecque Salon & Skincare Spa, Privai, Roose Beauty, LLC, Rossano Ferretti, SALON U, SalonDJ Chicago, Shou Sugi Ban LLC, Sisley-Paris, The Cherry Blossom Salon, The Ranch Malibu, Toni&Guy, Toto Hair, Tribeca MedSpa, Truefitt and Hill, Ulta Beauty, Inc., and Warren Tricomi.
This research report categorizes the Spas & Beauty Salons Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Type
- Beauty Salon
- Facials & Skin Care Salon
- Full-Service Salon
- Hair Salon
- Nail Salon
- Salon Retail Sales
- Tanning Salon
- Waxing Salon
- Spa
- Club Spas
- Day Spas
- Destination Spas
- Medical Spas
- Mineral Springs Spas
- Resort & Hotel Spas
- Spa Retail Sales
- Beauty Salon
- End-User
- Men
- Women
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Spas & Beauty Salons Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Spas & Beauty Salons Market?
- What are the technology trends and regulatory frameworks in the Spas & Beauty Salons Market?
- What is the market share of the leading vendors in the Spas & Beauty Salons Market?
- Which modes and strategic moves are suitable for entering the Spas & Beauty Salons Market?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Spas & Beauty Salons Market, by Type
- Spas & Beauty Salons Market, by End-User
- Americas Spas & Beauty Salons Market
- Asia-Pacific Spas & Beauty Salons Market
- Europe, Middle East & Africa Spas & Beauty Salons Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 20]
- List of Tables [Total: 388]
- List of Companies Mentioned [Total: 36]
Beauty salons are primarily concerned with improving a person's physical attributes through services such as hair styling, facial skin care, body massage, manicures, and pedicures. On the other hand, spas primarily tend to focus on multifarious treatments to revitalize and improve general health. Regardless of their differences, both spas and beauty salons have provided a breath of fresh air to individuals seeking to elevate their emotional health.
In recent years, the expansion of beauty salons and spas near famous tourist locations or in airports and resorts has gained popularity. In August 2023, Be Relax announced the opening of its first spa in Malaysia at Kuala Lumpur International Airport (KLIA). After all, who wouldn't want to experience the joys of a relaxing massage before or after a tedious flight journey?
Every industry has experienced the unique capabilities of AI/ML, robotics, and data analytics, and spas and beauty salons are no exception. In October 2023, Aetheria Beauty shook the beauty landscape by launching a salon service in Pune, India, that uses AI-based equipment to design beauty services for customers based on their skin and hair type. With advanced technologies, the capabilities of skin analysis, virtual consultations, and personalized hair care have become commonplace.
As more and more consumers rush to reap the emotional and aesthetic benefits of spas and beauty salons, their incredible impact in improving daily lives will surely gain more recognition.
Personalized Spa and Salon Services:
Customers no longer want a one-size-fits-all approach when it comes to beauty and wellness services. They want tailor-made treatments that cater to their specific needs. Spa and beauty salons are now offering customized services based on the customer's skin type, body type, and preferences. For instance, some spas offer a one-on-one consultation with a therapist who will design a personalized treatment program based on the customer's needs. This gives customers a more personalized experience that delivers the desired results.
At-Home Spa and Salon Services:
In the era of social distancing and with people leading busy lives, scheduling appointments at a spa or salon can be a hassle. This is where at-home spa and salon services come into play. Many spas now offer services in the comfort of the customer's home. From massages to facials, customers can now enjoy spa treatments without leaving their homes. This not only saves them time but also provides them with the luxury of enjoying the services in a familiar environment.
Accessibility:
The traditional spa and salon experience can be intimidating for some. Customers may feel uncomfortable in a new environment or may feel reluctant to disrobe in front of therapists. At-home spa services address these concerns and make spa services accessible to a wider range of customers. Moreover, personalized and at-home services also cater to those who have physical disabilities or mobility issues, making it easier for them to enjoy the benefits of spa and beauty services.
Convenience:
With the rise of personalized and at-home services, spas and salons are becoming more flexible with their schedules. They now offer services outside of traditional business hours, making it easier for customers to schedule appointments that fit their schedule. Moreover, with the added benefit of at-home services, customers no longer have to worry about parking, traffic, or commuting to a spa or salon.
Brand Loyalty:
Personalized and at-home spa and salon services help build brand loyalty. When customers receive high-quality, personalized services in the comfort of their own home, they are more likely to stay loyal to that brand. This is because they feel valued and appreciated by the spa or salon. Furthermore, personalized services offer a more targeted approach and deliver consistent results, which builds trust and loyalty among customers.
The spa and beauty industry is continuing to transform itself to cater the changing needs of its customers. Personalized and at-home spa and salon services are just one example of how the industry is evolving. The pandemic has also contributed to the increase in demand for at-home services as people prioritize their safety and convenience. By offering more customized and convenient services, spas and salons are not only meeting their customers' expectations but also building long-term brand loyalty.
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