Spas & Beauty Salons Market by Type (Beauty Salon, Spa), End-User (Men, Women) - Global Forecast 2024-2030

Spas & Beauty Salons Market by Type (Beauty Salon, Spa), End-User (Men, Women) - Global Forecast 2024-2030

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.

Global Spas & Beauty Salons MarketSpas & 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.Regional InsightsThe 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.

FPNV Positioning Matrix

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).

Market Share Analysis

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.

Key Company Profiles

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.

Market Segmentation & Coverage



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
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

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. 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.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Spas & Beauty Salons Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Spas & Beauty Salons Market?
3. What are the technology trends and regulatory frameworks in the Spas & Beauty Salons Market?
4. What is the market share of the leading vendors in the Spas & Beauty Salons Market?
5. Which modes and strategic moves are suitable for entering the Spas & Beauty Salons Market?

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