Press release
Personal Care Services Market 2021 Business Scenario - Services Corporation International, Sears Holdings, Best Buy, Regis Corporation
The Personal Care Services Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The global personal care services market is expected to grow from $348.16 billion in 2020 to $360.89 billion in 2021 at a compound annual growth rate (CAGR) of 3.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $488.9 billion in 2025 at a CAGR of 8%.
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Top Leading Companies of Personal Care Services Market are Services Corporation International, Sears Holdings, Best Buy, Regis Corporation, Weight Watchers International Inc and others.
Market Overview:
The personal care services market consists of sales of personal care services and related products by entities (organizations, sole traders and partnerships) that provide personal care services such as beauty salon services, diet control and weight loss treatment services, and spa and massage services. Establishments in the personal care services industry include barber shops or hair salons, body beauty salons, nail salons, diet and weight reducing centers, spas and massage parlors, tattoo parlors, and hair replacement services providers. The personal care services market is segmented into beauty salons; diet and weight reducing centers; spa and massage parlors; and other personal care services.
North America was the largest region in the global personal care services market, accounting for 33% of the market in 2020. Asia Pacific was the second largest region accounting for 33% of the global personal care services market. Africa was the smallest region in the global personal care services market.
Regional Outlook of Personal Care Services Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Personal Care Services Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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