Global Personal Care Services Market Overview And Prospects
Learn about the global personal care services market through The Business Research Company, which provides information on personal care services market size, personal care services market drivers and restraints, personal care services market players, the COVID-19 impact on the personal care services market, and more.
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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.
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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.
Global Personal Care Services Market Segments Include:
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 Centres, Slimming Centres, 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 Parlours, Hair Replacement Services, Other Services
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global personal care services market, accounting for 34% of the market in 2019.
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 colours, dyes and other hair styling products.
TBRC’s personal care services market report covers:
Major Market Players: Services Corporation International, Sears Holdings, Best Buy, Regis Corporation, Weight Watchers International Inc
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Personal Care Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides personal care services market overviews, analyses and forecasts market size, share, personal care services market players, personal care services market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s personal care services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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