Hairdressing and Beauty Services in New Zealand - Industry Market Research Report

Hairdressing and Beauty Services in New Zealand - Industry Market Research Report

Hairdressing and Beauty Services in New Zealand

The Hairdressing and Beauty Services industry is facing a volatile trading environment. Robust growth in household discretionary incomes underpinned revenue growth over the three years through 2019-20. Weak consumer sentiment and temporary industry closures due to public health restrictions implemented to curb COVID-19 reduced demand and revenue for hairdressing ad beauty services in 2020-21. The consumer confidence index is expected to continue plunging over the two years through 2022-23 in the face of high inflation and fears of a global recession. Revenue for hairdressing and beauty services operators is expected to contract at an annualised 1.8% over the five years through 2022-23, to $1.1 billion. This trend includes a revenue drop of 4.6% in 2022-23 amid gloomy domestic and global economic outlooks as consumers cut back on their non-essential spending.

Industry operators mainly provide hairdressing services or beauty services, such as nail care services, facials or make-up application.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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