Global Personal Care Services Market Trends And Strategies Of Major Players In The Personal Care Services Market 2021-2030
6 Jul, 2021
The personal care services market consists of the sales of personal care services and related goods by entities (organizations, sole traders and partnerships) that provide appearance care services to individual consumers, including barber shops, beauty salons, nail salons, diet and weight reducing centers and other personal care service providers.
Global Personal Care Services Market Size And Drivers:
The global personal care services market is expected to grow from $344.4 billion in 2019 to $347.5 billion in 2020 at a compound annual growth rate (CAGR) of 1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $430.6 billion in 2023. Higher demand by males for personal care products is the main driver of the market.
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Trends In The Global Personal Care Services Market
Beauty salons are using organic products to cater to the need of customers demanding the use of safer personal care products. Organic products are prepared using natural and organic ingredients without the use of harmful chemicals. Using locally-sourced raw materials makes organic products more accessible and affordable. Some of the organic products being utilized by hair salons include organic hair oil, hair spray, shampoos, hair gels, hair colors, dyes and other hair styling products.
Global Personal Care Services Market Segments:
The global personal care services market is further segmented based on type and geography.
1) By Type: Beauty Salons; Diet And Weight Reducing Centers; Spas & Massage; Other Personal Care Services
Sub segments Covered: Hair Salons; Body Beauty Salons; Nail Salons; Fitness Centers; Slimming Centers; Consulting Services; Online Weight Loss Programs; Others; Salon Spa; Hotel Spa; Destination Spa; Medical Spa; Mineral/ Thermal Spa; Others(Airport Spa And Cruise Spa); Tattoo Parlors; Hair Replacement Services; Other Services
By Geography: The global personal care services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest global personal care services market share.
Read More On The Report For The Global Personal Care Services Market At:https://www.thebusinessresearchcompany.com/report/personal-care-services-global-market-report
Personal Care Services Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides personal care services market overviews, analyzes and forecasts market size and growth for the global personal care services market, personal care services market share, personal care services market players, personal care services market segments and geographies, personal care services market’s leading competitors’ revenues, profiles and market shares. The personal care services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.