Know Your Numbers

By Web Editor | 08/19/2008 2:35:00 PM

 

The economy may be slumping, but consumers are still buying hair care products and coming in for services. Check out these charts below and share the information with your fellow stylists to boost business in your salon.

Hair Care - Projected Growth

5 Year Projection – 2007 - 2012 - Hair Care Category Growth

Category

($’s - millions)

2007 Sales

2012 Sales

% Growth

Avg. Growth

(Per Annum)

Shampoos

398

457

14.8

3.0

Conditioners

287

337

17.4

3.5

Hair Color

644

822

27.6

5.5

Ethnic Products

380

400

5.3

1.1

Perms

180

192

6.7

1.3

Hair Sprays

208

224

7.7

1.5

Hair Styling

215

285

32.6

6.5

Specialty Products

253

346

36.8

7.4

Totals

2565

3063

19.4

3.9

Source: Professional Consultants & Resources (www.ProConsultants.us) – 2007 Professional Salon Industry Study.

 

Salon Services

2007 Salon Industry Services & Retailing Revenues (At Salon Revenue $’s)

2007 Salon Services & Revenues – Dollars in Billions

Service Type

2006

2007

% Increase

Cutting & Styling

25.85

26.55

2.7

Hair Coloring

12.54

13.20

5.3

Perming & Relaxing

8.64

8.81

2.0

Total of Haircare Services

47.0

48.6

3.3

Nail Care

5.43

5.85

7.7

Retailing

6.15

6.35

3.3

Skin Care

2.16

2.32

7.4

Body Care

0.75

0.81

8.0

All Other*

1.35

1.37

1.5

Total

62.87

65.26

3.8

Notes:  * Includes cosmetic make-up, makeovers, permanent eye/lip liners, ear/nose piercing, etc.

Source: Professional Consultants & Resources (www.ProConsultants.us) – 2007 Professional Salon Industry Study.

 

Black Haircare - US - June 2007

Total U.S. retail sales of haircare products formulated for black hair, at current and constant prices, 2001-06

Year

Sales at current prices

 

 

Sales at constant 2006 prices*

 

 

 

$million

Index

% change

$million

Index

% change

 

 

 

 

 

 

 

2001

1,605

100

-

1,814

100

-

2002

1,662

104

3.6

1,849

102

1.9

2003

1,684

105

1.3

1,832

101

-0.9

2004

1,734

108

3.0

1,838

101

0.3

2005

1,780

111

2.7

1,825

101

-0.7

2006

1,821

113

2.3

1,821

100

-0.2

*Adjusted for inflation using the All Items CPI

Source: Mintel/based on Information Resources, Inc. InfoScan ® Reviews Information

 

The U.S. Market for Chemical Treatments and Salon Hair Care

Market Sizes - Retail Value RSP - US$ mn

Period Growth

Forecast

 

 

2002

2007

2002-07 %

2002-07 CAGR %

2002-07 Absolute

2012

 

USA

 

 

 

 

 

 

 

Perms and relaxants

205.9

188.8

-8.3

-1.7

-17

187.4

 

Colourants

1708.4

1649.9

-3.4

-0.7

-58.5

1618

 

Salon hair care

2827.2

2843.8

0.6

0.1

16.6

2748.8

 

 

 

 

 

 

 

 

 

 Source: ©2008 Euromonitor International

 

 

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