According to gender, the male segment is expected to grow with CAGR of 5.1% in the professional beauty services market analysis from 2022 to 2031.
The professional beauty services market was valued at $211.5 billion in 2021, and is estimated to reach $348.4 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.โ
WILMINGTON, DE, UNITED STATES, February 4, 2025 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled โProfessional Beauty Services Market," The professional beauty services market was valued at $211.5 billion in 2021, and is estimated to reach $348.4 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.โ Allied Market Research
In the professional beauty services market, consumers shifting attitudes toward personal care, combined with a constant desire to boost overall well-being, are benefiting the professional beauty service market. The demand for wellness solutions has increased as consumersโ desire to enhance their personal image and well-being has risen. Professional beauty services are continually working to develop their offerings by concentrating on changing customer tastes to satisfy the rising demand for the professional beauty services industry.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ :- https://www.alliedmarketresearch.com/request-sample/32284
In the professional beauty services industry, a wide range of professional beauty products are available for deeply nourishing skin such as lotions, creams, and essential oils. In addition, rise in consciousness about personal well-being and appearance has increased among men, which drives the professional beauty service market. Moreover, owing to a hectic lifestyle and varying climatic conditions, men are also adopting skin care, sun care, and hair care services. Thus, professional beauty services help in treating damaged skin and provide prevention from dry & dull skin, which boosts their demand globally.
According to U.S. Bureau of Labor Statistics, increasing demand for hair, skin, nail, and massage services from a growing customer population will drive the professional beauty service market. In addition, an expanded customer base to include more men and increased offerings of services will also contribute to faster employment in the industry and occupations providing these services, such as barbers, hairdressers, hairstylists and cosmetologists, manicurists and pedicurists, skin care specialists, and massage therapists. Numerous new personal care services have been popularized in recent years. In addition to basic manicures and pedicures, nail services include manicure styles, extensions, and a growing trend in artificial nails with various design offerings and adornments which surge the demand for the professional beauty services market.
As per service, the professional beauty services market size is segmented into hair service (hair cutting, hair coloring, and others), skin service (skin care, injectables, makeup, and others), nail service (manicure and pedicure, nail extension, and others), and merchandise sales. Nail care has emerged as one of the most growing segments in the beauty industry, just like the skin, hair, or makeup industry. The trend of frequent change in nail color, gel manicures, or extensions became a hit with celebrities and influencers and soon entered salons like a wave providing a significant opportunity to the professionals working their best for longer stability in the industry.
By gender, the market is further segmented into male and female. The female segment held the major share of the market in 2021 and is projected to maintain its dominance during the forecast period. In recent years, men have increasingly enjoyed treatments, including hairstyling, nail care, and facials, as they are also becoming more mindful of their appearance and well-being, which results in the professional beauty services market growing.
๐๐ฎ๐ฒ ๐๐จ๐ฐ :- https://www.alliedmarketresearch.com/checkout-final/db711ee8065b6c8b5fc910d628a3d805
According to age group, the market is segmented into 18 to 25 years, 26 to 45 years, and 46 years and above. 18 to 25 years segment is expected to grow with the highest CAGR of 5.2% during the forecast period. At this age group, the skin structure is heading toward adulthood and there are many hormonal changes of puberty that can affect the skin drastically, results in professional beauty services market trends.
In 2021, Asia-Pacific accounted for more than 35.45% of the global professional beauty service market and is expected to maintain its dominance during the forecast period. Moreover, LAMEA is expected to possess the highest CAGRs. LAMEAโs exploding population, fast-growing middle-class individuals, improved business regulations, and rise in urbanization are the major factors that drive the growth of the professional beauty service market in this region.
The prominent players analyzed in this report include
*Tommy Gun's Original Barbershop
*Lakme Salon
*Drybar
*Floyds 99 Holdings, LLC
*Regis Corporation
*Toni&Guy
*Seva Beauty
*Deka Lash
*Kao Corporation
*Bariks Luxe Salon
*Beauty Connection Spa
*John Barrett
*Maison de Joelle
*L'Orรฉal Professionnel
*Fantastic Sams Franchise Corporation
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ :- https://www.alliedmarketresearch.com/purchase-enquiry/A31834
Key findings of the study
:- Based on service, the hair service segment is dominating the market with a CAGR of 4.7%, in terms of revenue, during the professional beauty services market forecast period.
:- According to gender, the male segment is expected to grow with CAGR of 5.1% in the professional beauty services market analysis from 2022 to 2031.
:- As per age group, the 26 to 45 years segment is likely to dominate the market from 2022 to 2031.
:- Depending on country, the U.S. was the largest market for professional beauty service market in 2021, in terms of revenue generation in North America.
On the basis of region, LAMEA is anticipated to witness highest growth rate, registering a CAGR of 7.4% from 2022 to 2031 in the professional beauty services market.
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐จ๐จ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐ข๐ ๐๐จ๐ ๐ ๐๐๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/automatic-dog-feeder-market-A13738
๐๐๐ญ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/pet-supplement-market-A06522
๐๐จ๐ฆ๐ ๐๐๐๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/home-decor-furnishing-market
David Correa
Allied Market Research
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