Valuation Resources

Tanning Salons and Products

SIC 7299  |  NAICS 812199

The following guide to industry research and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.

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, Trends, Statistics, and Forecasts

Tanning Salons  (view report)
Hair & Nail Salons  (view report)
Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:

IST Magazine
http://www.istmagazine.com/

Monthly business publication features news and information for the indoor tanning professionals, with topics covered in each issue including industry news and events, business management, marketing, technology, company profiles, salon spotlights, new products, and trade association updates. Digital editions are available online, with complimentary one-year subscription available to qualifying parties.


Mintel Group Ltd.
Sun Protection and Sunless Tanners - US
https://store.mintel.com/

Consumer research report provides in-depth analysis of the U.S. market for this product sector, with topics covered in the report including market size and forecast, growth drivers, sales performance by product segment (e.g., sunscreen, suntan lotion and oil, and sunless tanners), retail channels, brand share by product line, marketing strategies, product usage, and consumer attitudes and behaviors.


Euromonitor International
Research reports available from this organization include:

Sun Care in the US
https://www.euromonitor.com/
Comprehensive report provides a statistical overview of the U.S. market for sun care products, with topics addressed in the report including market trends, competitive environment, industry prospects, historical and forecast sales by product category (e.g., after-sun, self-tanning, and sun protection products), premium versus mass market analysis, and company and brand name market shares.

Evolution and Prospects in Global Sun Care: Key Solar Hot Spots
https://www.euromonitor.com/
Global briefing report analyzes key trends and developments in the sun care products market, with topics addressed in the report including product overview, category analysis (e.g., sun protection, after sun, and self-tanning products), regional analysis (e.g., Spain, Russia, North America, Brazil, South Korea, China, and Australia), issues and trends, and recommendations and opportunities.


GIA Research
Research reports available from this organization include:

Sun Care Products
https://www.strategyr.com/
Comprehensive research study provides a detailed analysis of the sun care products market in the U.S. and other countries, with topics addressed in the study including market overview and trends,  factors driving growth, competitive environment, distribution channels, and historical and forecast sales in U.S. dollars by product segment (e.g., sun protection, self-tanning, and after-sun products).

Sunless Tanners
https://www.strategyr.com/
Research report analyzes market demand for sunless tanners on a worldwide basis, with topics covered in the report including industry and product overview, market analysis and demand, and historical and forecast sales in the U.S. and other selected countries, and global players profiled including Estée Lauder, L'Oréal, Hawaiian Tropic, Neutrogena, Procter & Gamble, and Unilever.


Technavio
Global Sun Care Products
https://www.technavio.com/

Comprehensive study provides in-depth analysis of the global market for sun care products, with topics covered in the report including market overview, products offerings, and market size and forecast by product segment (e.g., sun protection, after-sun care, and self-tan products), and vendors profiled including Beiersdorf AG, L'Oréal SA, Johnson & Johnson, and Merck Co. Inc.


BizMiner
Market Analysis Report
https://www.bizminer.com

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.



Financial Statements and Financial Ratios

BizMiner
Industry Financial Ratios
Tanning Salons
https://www.bizminer.com  Search for "812199"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level including:

IBISWorld
Tanning Salons
(see links for individual reports)

Financial benchmarking information section of this report provides an analysis of industry costs and profits as a percentage of gross sales by income and expense category for firms that provide indoor tanning services using ultraviolet (UV) light lamp beds and sunless spray-on tan booths and airbrush systems and also sell merchandise such as suntan lotions, cosmetics, and other skin care products.



Compensation and Salary Surveys

PayScale, Inc.
Tanning Salons
https://www.payscale.com/

Free online service provides median salary and hourly wage rate data for selected job positions in this service sector such as district manager, salon manager, retail store manager, front desk receptionist, sales associate, and customer service associate, with employers for which salary or hourly wage rate data is provided including Sun City Tan, LLC, L.A. Tan Enterprises, Inc., and Palm Beach Tan, Inc.



Business Valuation Resources

BVMarketData
www.bvresources.com
Private company sales transaction data for over 800 industries.



Related Industries:
Hair Salons, Beauty Salons, and Barber Shops
Health Clubs and Fitness Centers
Spa Resorts and Day Spas
Weight Loss Centers and Diet Clinics

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