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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