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Canada Salon Services Market Research Report: Information By Service Type (Hair Care, Nail Care, and Skin Care), By End-user (Women and Men) โ€“Market Forecast Till 2032.

ID: MRFR/CR/11027-HCR | 128 Pages | Author: Pradeep Nandi| July 2024

Salon Services Market Overview:

Canada Salon Services Market Size was valued at USD 24.3 Billion in 2022. The salon services market industry is projected to grow from USD 25.2 Billion in 2023 to USD 33.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.50% during the forecast period (2023 - 2032).

Salon Services Market

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Salon Services Market Trends

Rising focus of individuals on self-grooming is driving the market growth

The market CAGR for salon services has grown significantly in recent years because to the growing emphasis on personal grooming and appearance. People are seeking professional hair and skin care and styling services as a result of the increased emphasis on appearance in society these days. This is fueled by the understanding that improving one's appearance may greatly enhance one's confidence and ability to express oneself. People work hard to attain the appearances they want, frequently being affected by the media, the culture of celebrities, and conventional beauty standards. The need for salon services is also fueled by the desire to look well in social and professional contexts. Furthermore, More salons are opening up to meet the varied needs of their clientele as a result of the rising demand for expert care and grooming services. These places provide a broad range of services, such as spa treatments, skincare, cosmetics, coloring, styling, haircuts, and spa experiences. Customers have more options for service providers when there are multiple salons in the area. One of the main reasons that the market for salon services in Canada as a whole has grown is that this promotes competition and encourages innovation within the sector.

With the rise of social & mobile salons, industry participants' growing requirement to generate a consistent flow of clients is transforming the worldwide beauty salon market. A mobile salon is a business that offers beauty services to clients on-site or in close proximity to their home. The services offered by a physical salon can be included in this configuration. Mobile salons can operate off of a car, usually a van or a trailer, and provide services wherever their clients want. In addition, service providers may visit the customer's home or place of business to give services without use a car that has been transformed in these salons. Conversely, social salons are newer spaces that become hubs for social and leisure activities. Social salons are typically made to seem good, given their intended use. Thus, driving the salon services market revenue.

Salon Services Market Segment Insights:

Salon Services Service Type Insights

The Canada Salon Services market segmentation, based on service type includes hair care, nail care, and skin care. The hair care segment dominated the market mostly. This market sector includes a broad range of services that are in great demand by clients seeking out expert answers to their hair care needs, such as coloring, styling, haircuts, and treatments. The reasons behind the hair care segment's dominance include shifting fashion trends, rising consumer awareness of hair care, and the growing importance of personal hygiene. These factors all support the salon industry's ability to provide hair care services on a consistent basis.

Salon Services End-User Insights

The Canada Salon Services market segmentation, based on end-user, includes women and men. The women category generated the most income. The majority of people who use salon services, such as haircuts, styling, coloring, cosmetics, and other beauty procedures, are women. The female segment's dominance can be ascribed to various variables, including personal grooming practices, cultural preferences, and society conventions. The salon sector continues to offer a broad range of services, goods, and specialized treatments targeted at improving the appearance and well-being of women in order to meet their different demands and preferences.

Figure 1: Canada Salon Services Market, by End-User, 2022 & 2032 (USD Billion)

Canada Salon Services Market, by End-User, 2022 & 2032

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Salon Services Country Insights

Canada's mature beauty and fashion industries, along with shifting consumer tastes and strong disposable money, have contributed to a notable increase in the country's salon service demand. Serving a wide range of clientele, the area is home to several well-known salon chains, beauty brands, and aesthetic specialists. In addition, the market for salon services in Canada is thriving and is made up of a combination of conventional barbershops, unisex salons, and specialty beauty salons. Personal hygiene and appearance are highly valued in the area. The area is well-known for its hair culture and has a high demand for hair coloring, style, and treatments. A wide range of salons serve a variety of hair kinds and textures. Country-specific hair care customs and trends can have an impact on the industry.

Salon Services Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the salon services market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, salon services industry must offer cost-effective items.

Key Companies in the salon services market include

  • Great Clips, Inc. (U.S.)

  • Regis Corporation (U.S.)

  • Dessange International (France)

  • Ulta Beauty, Inc. (U.S.)

  • The Lounge Hair Salon (Thailand)

  • Seva Beauty (U.S.)

  • Drybar (U.S.)

  • Skin Rich (U.K.)

  • The Leading Salons of the World, LLC. (U.S.)

  • Snip-its (U.S.)

Salon Services Market Segmentation:

Salon Services Power Rating Outlook

  • Hair Care

  • Nail Care

  • Skin Care

Salon Services Cooling Type Outlook

  • Women

  • Men

Salon Services Report Scope
Report Attribute/Metric Details
Market Size 2022 USD 24.3 Billion
Market Size 2023 USD 25.2 Billion
Market Size 2032 USD 33.1 Billion
Compound Annual Growth Rate (CAGR) 3.50% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Service Type, End-User, and Region
Countries Covered Canada
Key Companies Profiled Great Clips, Inc. (U.S.), Regis Corporation (U.S.), Dessange International (France), Ulta Beauty, Inc. (U.S.), The Lounge Hair Salon (Thailand), Seva Beauty (U.S.), Drybar (U.S.), Skin Rich (U.K.), The Leading Salons of the World, LLC. (U.S.), Snip-its (U.S.)
Key Market Opportunities Modern technology can be used to improve salon operations and customer experiences Broader clientele can be drawn by expanding the range of services provided beyond basic hair and skincare.
Key Market Dynamics Growing consciousness of personal hygiene and self-care Salons can create a distinctive value proposition for clients by providing unique experiences

Frequently Asked Questions (FAQ) :

The Canada Salon Services market size was valued at USD 24.3 Billion in 2022.

The market is projected to grow at a CAGR of 3.50% during the forecast period, 2023-2032.

The key players in the market are Great Clips, Inc. (U.S.), Regis Corporation (U.S.), Dessange International (France), Ulta Beauty, Inc. (U.S.), The Lounge Hair Salon (Thailand), Seva Beauty (U.S.), Drybar (U.S.), Skin Rich (U.K.), The Leading Salons of the World, LLC. (U.S.), Snip-its (U.S.).

The hair care category dominated the market in 2022.

The women category had the largest share in the market.

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