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Professional Beauty Services Market Trends

Report ID: GMI5588
Published Date: Sep 2023
Report Format: PDF

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Professional Beauty Services Market Trends

The introduction of fully autonomous robots for manicure services is estimated to propel the market demand. For instance, in March 2023, XWELL, Inc., a leading provider of health & wellness solutions for individuals with active lifestyles, entered a collaborative initiative with Clockwork, a company specializing in beauty industry robotics, to launch the latter’s state-of-the-art, fully autonomous, and AI-driven express manicure service at the XpresSpa outlet situated within the John F. Kennedy International Hair Careport in New York City. As such innovations become more widespread, they will attract new clientele and rejuvenate the interest in professional beauty services, ultimately driving market growth.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The professional beauty services industry value was USD 213.9 billion in 2022 and is projected to register over 5% CAGR between 2023 and 2032.

The skin care segment held around 35% market share in 2022 and will grow by 2032 owing to the introduction of new skincare products and consumer focus on maintaining skin health.

North America professional beauty services market accounted for a major share of over 32% in 2022 and is expected to grow by 2032 owing to the large consumer base and robust economic stance of the populace.

Drybar, Fantastic Sams, Gina Conway Salons & Spa, Lakme Salon, L'Or