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The personal care services market has demonstrated robust growth, surging from $444.2 billion in 2023 to $487.29 billion in 2024, with a CAGR of 9.7%. The historic period’s growth can be attributed to rapid urbanization, economic expansion in emerging markets, and the rise in wellness tourism. Looking ahead, the market is poised for strong growth, projected to reach $697.41 billion in 2028 at a CAGR of 9.4%. Factors fueling this growth include the rising geriatric population, increasing internet penetration, and the burgeoning wellness tourism industry. Major trends in the forecast period encompass the shift towards organic salon services, the adoption of online personal care services, and the integration of artificial intelligence to meet customer demands.

Population aging will be a driver of the personal care services market going forward. During 2018-2022, the number of people over 65 is expected to increase from approximately 550 to 650 million globally, an increase of 18% according to the Population Reference Bureau. The increasing size of the geriatric population coupled with an increasing focus on healthy lifestyles among the geriatric population will increase the demand for personal care services such as spa and massage services, driving the market. The personal care services market is poised for growth, with estimations indicating a market size of $XX billion in 2023, $YY billion in 2024, and $ZZ billion by 2028.

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What Are The Key Trends That Influence Personal Care Services Market Share Analysis?

Major players in the personal care services market are rolling out innovative programs such as CenterWell Primary Care Anywhere to enhance customer care. CenterWell Primary Care Anywhere is a program offering primary care services to seniors in their homes. For instance, in August 2023, Humana, a U.S.-based provider of personal care services, launched the CenterWell Primary Care Anywhere program. This initiative is part of Humana’s integrated care model, which promotes a multi-disciplinary team approach to care. The program aims to improve care quality and accessibility for older adults who may struggle with traveling to a doctor’s office.

Which Market Players Are Driving Growth In The Personal Care Services Market?

Major companies operating in the market are Weight Watchers International, Inc., Regis Corporation, Great Clips, Inc., Sport Clips, Inc., Ratner Companies, L.C., Jenny Craig, Inc., L’Oréal S.A., Toni & Guy, Lakme Lever Private Limited, Bijin Salon & Spa, Naturals, Jawed Habibs Hair and Beauty Salon, Shahnaz Husain, VLCC, Affinity Salon, Catherine De France Hair & Beauty Salon, MetodoRossano Ferretti, Eric Paris Salon, Enoshima Island Spa, Elana Jade Beauty Spa, Aman Tokyo Spa, Trumps Spa, Chuan Spa, Bosley Inc, Tivity Health, Hair Cuttery, Bijin Salon Spa, BistroMD, Muse Salon & Spa, Salon U, Badano-Guzmán, Cerini, Spa Yaten, Termas Villa Elisa, Faena Spa, Spa Holistico Alex Lisboa, Namaste Terapias Corporais, Venus’ Spa, Retrô Hair, Le Due Salone, Sólo para Muñecas, Lanserhof, Ritz Carlton, Clarins, Fonteverde, Lefay Resort & Spa Lago di Garda, Chelsea Day Spa, Nirvana Spa, Four Seasons Spa, The Bvlgari Spa, Thermae Bath Spa, Terme di Saturnia, L’Oreal, The Massage Company, ChioChio, Alto Senso, Amoveo Spa, Karuna Spa, Expat Salon, Carolline Thai Spa, Oasis Beauty Day Spa, Isla Masaz & Spa, Beauty Partners, Re Salons Spas, Maria Dowling, JetSet, Belle Femme, Toni&Guy, Cambridge Weight Plan, The Armani/Spa, Timeless Spa, Moksha Spa, Mandara Spa, Capelli Salon and Beauty Parlour Ltd, Oloreo Beauty Company, Family Affair, BeautyAddict.

How Is The Global Personal Care Services Market Segmented?

The personal care services market covered in this report is segmented –

1) By Type: Beauty Salons, Diet And Weight Reducing Centers, Spas & Massage Parlors, Other Personal Care Services
2) By Gender: Male, Female
3) By Age Group: Below 15, 15-40, Above 40-65, Above 65
4) By Type of Premise: On-Premise, Off-Premise

Subsegments Covered: Hair Salons, Body Beauty Salons, Nail Salons, Tattoo Parlors, Hair Replacement Services, Other Services

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The Personal Care Services Global Market Report 2024 provides an overview of the personal care servicesmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The personal care services market forecast analyzes personal care services market size, personal care services market share, leading competitor and their market positions.

The Table Of Content For The Personal Care Services Market Include

1. Personal Care Services Market Executive Summary
2. Personal Care Services Market Segments
3. Personal Care Services Market Size And Template Market Growth Rate
4.  Key Personal Care Services Market Trends
5. Major Personal Care Services Market Drivers
……
25. Key Mergers And Acquisitions In The Personal Care Services Market
26. Top Personal Care Services Companies
27. Personal Care Services Market Opportunities And Strategies
28. Personal Care Services Market, Conclusions And Recommendations
29. Appendix

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