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.
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.
North America was the largest region in the global personal care services market, accounting for 34% of the market in 2019. Asia Pacific was the second largest region accounting for 33% of the global personal care services market. Africa was the smallest region 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.
The major players in the global personal care services market are Services Corporation International; Sears Holdings; Best Buy; Regis Corporation; Weight Watchers International Inc
The countries covered in the global personal care services market report are Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
1) By Type: Beauty Salons; Diet And Weight Reducing Centers; Spas & Massage; Other Personal Care Services Subsegments 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
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