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Salon Service Market Trends

Report ID: GMI8280
Published Date: Feb 2024
Report Format: PDF

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Salon Service Market Trends

The salon service industry is embracing both technology and sustainability to enhance the customer experience and navigate a changing industry landscape. AI tools analyze client data and preferences to suggest ideal hairstyles, colors, services, and products. AR/VR technology allows clients to virtually experiment with different looks before committing, boosting confidence and satisfaction. Interactive mirrors analyze skin and hair, provide product recommendations, and offer tutorials, such, are some examples of technological trends in the salon services market. The use of digital platforms for online booking and scheduling appointments, making it convenient for clients to secure salon services.

An increased focus on sustainable and eco-friendly products, with salons adopting green practices and offering organic and environmentally friendly beauty products. Salons expanding their services to include wellness offerings such as spa treatments, massages, and mindfulness sessions to cater to holistic well-being. Incorporating mindfulness and relaxation techniques within salon services to provide a more holistic and stress-relieving experience.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market valuation of the salon service was reached USD 116 billion in 2023 and is anticipated to register over 5.5% CAGR between 2024 and 2032, driven by the desire to stay updated with fashion and beauty standards.

Hair care salon service segment was worth over USD 72 billion in 2023 and will record a notable demand through 2032, owing to the changes in hairstyles, colors, and treatments.

North America salon service market accounted for 25% revenue share in 2023 and will continue to show impressive growth trends through 2032, attributed to the growing emphasis on personal well-being and self-care.

Aveda Corporation, Estée Lauder Companies Inc., L'Oréal Group, Ratner Companies, Regis Corporation, Revlon, Inc., Sally Beauty Holdings, Inc., Schwarzkopf Professional, Sebastian Professional, Toni & Guy, Ulta Beauty, Inc., Wella Professionals, John Paul Mitchell Systems, Kao Corporation and Moroccanoil.