The Salon Chairs Market is likely to hold the global market at a moderate CAGR of 5.3% during the forecast period. The global market holds a forecasted revenue of US$ 9.2 Billion in 2022 and is likely to cross US$ 15.4 Billion by the end of 2032.
The Salon Chairs market is anticipated to show promising growth prospects during the forecast period, expanding the global salon chairs market size.
Attribute | Details |
---|---|
The Salon Chairs Market Estimated Size (2021) | US$ 8.8 Billion |
The Salon Chairs Market Estimated Size (2022) | US$ 9.2 Billion |
The Salon Chairs Market Projected Size (2032) | US$ 15.4 Billion |
The Salon Chairs Market CAGR (2022 to 2032) | 5.3% |
The fashion industry had lots of influence and continuously evolved due to the entertainment industry. The new fashion was introduced and accepted by people because of the television and cinemas. These two industries also influenced grooming industries, as people copying hairstyles started spending more money on salons and hairdressers. These led to an increase in the salon chairs market.
Salon chairs are an important part of a hair salon or any hairdresser shop. There is an increase in multipurpose chairs and electrical chairs, due to their ease of operation. These salon chairs are also used in wellness centers, beauty parlors, and spas. The use of colored and themed chairs is increasing to give salons a unique look and enhance the customer experience.
The increasing popularity of salons and the grooming industry is expected to show significant growth in the salon chair market during the forecast period.
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Salons and hairdressers are common in developed cities, where people are ready to spend money on luxuries. The salons and hairdressing shops are established in these vicinities, as high-class and high-spending people visit these places often. Developing countries are also having supermarkets, hypermarkets, and malls nowadays, and people are also starting to explore new trends and spending money on leisure and self-care.
As there is development in infrastructure and luxury activities, salons and hairdressers are opening franchises and shop chains in cities. All these developments in the salon sector are having a positive impact on the salon chair market.
Luxurious salons are sporting electrical and multifunctional chairs. These chairs are comfortable and give flexibility and more freedom while working. There are special chairs for elder people and children, for their comfort and ease of operation. All these specifications are also helping to boost the salon chair market.
The population in developing countries is starting to have more disposable income. Increasing urbanization and trending fashion styles are having a positive impact on the market.
Small salons are having tough competition from modern salons. These salons are well equipped and provide multiple services, and hence charge more. These salons provide high-end services and can purchase electrical and multipurpose salon chairs. Due to high rates and high-income differences, small salon owners cannot purchase high-quality salon chairs, which are covering a big part of the salon and grooming market in developing countries.
COVID-19 led to the lockdown, and the closing of all businesses and people had to maintain their hair and beards on their own. The availability of trimmers and hair clippers made it easier for any average person to give themselves a haircut, with minor supervision. Also, tutorials available on YouTube also encouraged people to try grooming at home, making it a trend. Due to this ‘Do It Yourself’ trend, salons were ignored, indirectly affecting the salon chairs market.
There are also services that provide hair treatments and grooming at home. These services became popular among the self-conscious population, scared to go out due to COVID-19 and other potential hazards. These services also had a negative impact on the salon chairs market.
The largest market for hair grooming services is in America. The majority of Americans enjoy experimenting with their hair. To stay current with fashion trends and maintain the health of their hair, Americans constantly experiment with different colors, hairstyles, and hair treatments. High-end salons offer a variety of treatments and amenities. Salon owners use themed décor, including chairs, to make their spaces distinctive and aesthetically pleasing. The desire for contemporary and designer salon chairs is being observed in America.
India is showing rapid growth in the salon and spa markets. There is increasing awareness about hair thinning and hair loss, and the Indian population is going to hairdressers and salons to get treatments and maintain hair health. This increasing trend has provided a great opportunity for salons to start franchises or specialty hair salons in India. Not just big cities, but small and developing countries are also the main market for hairdressers and salons, with a high number of customers, seeking the latest and best available in the market.
Some key players in the Salon Chairs market are Lexus, LCL Beauty, Omwah, Icarus, Memphis, Delano, Takara Belmont, Marc Salon Furniture, Mae’s, K.O. Professional, Lexus, Dir Belgrano, and others. These are popular and well-known brands all over the world.
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Attribute | Details |
---|---|
Growth Rate | CAGR of 5.3% from 2022 to 2032 |
The base year for estimation | 2021 |
Historical Data Available for | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative units | Revenue in USD Billion, volume in Units, and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, pricing analysis |
Segments Covered | Chair Type, Functionality, Operation, User, Demographic, Price Range, Distribution Channel, Region |
Country scope | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Russia, India, Thailand, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates(UAE), South Africa |
Key Companies Profiled | Lexus; LCL Beauty; Omwah; Icarus; Memphis; Delano; Takara Belmont; Marc Salon Furniture; Mae’s; K.O. Professional; Lexus; Dir Belgrano; Others |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The Salon Chairs market is expected to reach a valuation of US$ 9.2 Billion in 2022.
Increasing awareness for hair health in developing countries, along with increasing income and urbanization, leading to the establishment of salons and hair care shops are helping the market. Salons trying to look modern and provide unique experiences to clients are using furniture and equipment, driving the salon chairs market.
Leading players operating in the Salon Chairs market are Lexus, LCL Beauty, Omwah, Icarus, Memphis, Delano, Takara Belmont, Marc Salon Furniture, Mae’s, K.O. Professional, Lexus, Dir Belgrano, and among others.
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