Hair, Nail & Beauty Salons – Industry Analysis, Statistics, Trends, and Forecasts
See the following sections listed below to view available resources by category:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
Bobit Business Media
Monthly trade journal provides news and information for salon owners and managers with a primary focus on business and technology topics, and features a team of industry experts that offer advice on a variety of business-related topics including salon design, leadership, marketing, social media, compensation, and personnel development. Digital editions of the magazine are available online.
Questex Media Group
American Salon Magazine
Monthly trade publication features news and information for salon owners and managers, with topics covered in the business section of its website including career, management, marketing, retail, and decor/design and regular magazine features including the "Better Business" section that provides readers with tips on how to improve salon sales and profitability and profiles successful operators.
Resources available from this organization include:
Monthly trade journal features news and information for nail care professionals, with topics covered in its business section including business management, marketing and promotions, customer service, retail, money matters, and operator profiles, and with special features including the "The Big Book" supplement published in November that provides an in-depth statistical look at the nail care business.
The Big Book
Annual study provides an in-depth statistical look at the nail care business, with topics covered in the study including nail technician demographics, types of services offered, average service prices, best selling retail products, client demographics, number of clients served per week, and average income per week. Statistical sections from current and archived editions of the study are available free online.
Professional Beauty Association
Resources available from this trade association include:
National Salon/Spa Industry Profile
National profile provides an overview of the industry based on statistical data from the U.S. Bureau of Labor Statistics and U.S. Census Bureau, with data provided in the profile including number of firms, sales volume, employment, and weekly hours. State and U.S. Congressional district profiles are also available by state or district for all 50 states, 435 Congressional districts, and the District of Columbia.
National Salon/Spa Tracking Survey
Quarterly survey of salon/spa owners and managers provides detailed analysis of demographic and economic trends affecting the industry, with topics covered in the survey including service and retail sales, customer traffic flow, back bar costs, service pricing, employee staffing levels, hours worked, and capital spending, and with survey data broken out by sales volume and other selected criteria.
Salon/Spa Performance Index
Quarterly composite index based on responses to the national industry tracking survey discussed above measures the health of the industry in terms of both current conditions and expectations in relationship to a base level of 100, with an index value above 100 indicating a period of expansion for this sector and an index value below 100 representing a period of contraction for this sector.
Market analysis report provides industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
For more industry research reports and other resources, see the following resource guide.
Financial Statements and Financial Ratios
Hair and Nail Salons, Beauty Salons, and Barber Shops
https://www.bizminer.com Search for "81211"
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
Hair & Nail Care Salons
(see links for individual reports)
Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of revenue by major category (e.g., purchases, wages, depreciation, marketing, rent, utilities, other costs, and earnings before interest and taxes) for the most recent year and line graphs indicating trends for each category over the past five years. Sample report can be viewed free online.
Compensation and Salary Surveys
U.S. Bureau of Labor Statistics
Personal Care Services
Annual employment and wage survey provides hourly and annual wage data for persons employed in the personal care services sector that provide hair, nail, and skin care services, with data reported on a national, state, and metropolitan area basis for the following job categories: barbers; hairdressers, hairstylists, and cosmetologists; manicurists and pedicurists; shampooers; and skin care specialists.
Hair and Beauty Salons
Free online service provides median salary and hourly wage data for job positions in this personal care sector such as salon manager, hairstylist, hairdresser, and cosmetologist, with employers for which salary or hourly wage data is provided including Regis Corporation (d/b/a Regis, Supercuts, and SmartStyle), Fantastic Sams, Great Clips, Inc., Sports Clips, Inc., and Ratner Companies, LC.
Business Valuation Resources
Cosmetics, Beauty Supplies, and Perfume Stores
Spa Resorts and Day Spas
Tanning Salons and Products
Weight Loss Centers and Clinics
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