Press release
Professional Beauty Services Market is projected to witness substantial growth with a CAGR of 5.2% from 2023 to 2029, reaching a total market value of USD 342.23 billion
Professional Beauty Services Market
The Professional Beauty Services Market is a dynamic segment within the beauty and wellness industry, encompassing a wide range of services provided by trained professionals. These services include hair care, skincare, nail care, makeup application, spa and relaxation treatments, and other specialized beauty services.
Maximize Market Research Pvt. Ltd. conducted a rigorous research process, utilizing both primary and secondary data sources to gather relevant information. The study examined all factors affecting the market in-depth and validated its findings through primary research. Various data triangulation methodologies were employed to estimate the market size and forecast. The research also considered factors such as inflation, economic fluctuations, and regulatory changes to provide valuable conclusions.
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Professional Beauty Services Market Dynamics:
Drivers:
The Professional Beauty Services Market has experienced significant growth due to several key drivers. Increasing emphasis on personal grooming and appearance across age groups, rising disposable incomes, changing lifestyle preferences, and a growing awareness of skincare, wellness, and self-care practices have contributed to the higher demand for professional beauty services. Social media, beauty influencers, and celebrities have played a pivotal role in popularizing these services, inspiring consumers to explore new beauty treatments and experiences.
Restraints:
Challenges facing the Professional Beauty Services Market include increasing competition, rising operational costs, and regulatory compliance requirements. The COVID-19 pandemic also had a profound impact on the industry, with lockdowns and reduced consumer spending affecting service providers.
Professional Beauty Services Market Regional Insights:
The Professional Beauty Services Market is distributed across various regions, with North America, Europe, and Asia Pacific being the key markets. North America leads due to its established beauty and wellness industry, while Europe is renowned for its beauty traditions and luxury services. Asia Pacific is experiencing rapid growth, driven by urbanization and rising middle-class populations.
Prominent companies in the industry, including L'Oréal Group, Estée Lauder Companies Inc., Coty Inc., Shiseido Company Limited, and Revlon Inc., continue to innovate and offer cutting-edge services.
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Professional Beauty Services Market Segmentation:
by Service Type
Haircare Services
Skincare Services
Nailcare Services
Makeup Services
Spa And Wellness Services
Others
by Platform
Salons
Spas
Beauty Clinics
Freelancers And Independent Professionals
Others
by Distribution Channel
Offline
Online
by Gender
Female
Male
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Professional Beauty Services Market Key Players:
North America:
Estée Lauder Companies Inc. (United States)
Coty Inc. (United States)
Procter & Gamble Co. (United States)
Revlon, Inc. (United States)
Avon Products, Inc. (United Kingdom, with a strong presence in North America)
Europe:
L'Oréal (France)
Beiersdorf AG (Germany)
Oriflame Holding AG (Switzerland)
Sephora (France)
Clarins Group (France)
Asia Pacific:
Shiseido Company, Limited (Japan)
Amorepacific Corporation (South Korea)
Kao Corporation (Japan)
Dabur India Ltd. (India)
Shu Uemura (Japan)
Middle East and Africa:
Abdul Samad Al Qurashi (Saudi Arabia)
Obagi (United States, with a strong presence in the Middle East and Africa)
Africology (South Africa)
Sothys (France, with a strong presence in the Middle East and Africa)
Shiffa (United Arab Emirates)
South America:
Natura &Co Holding S.A. (Brazil)
O Boticário (Brazil)
Granado Pharmácias (Brazil)
Belcorp (Peru)
Agel (Brazil)
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Table of content for the Professional Beauty Services Market includes:
1. Global Professional Beauty Services Market: Research Methodology
2.
Global Professional Beauty Services Market: Executive Summary
•
Market Overview and Definitions
● Introduction to the Global Market
● Summary
● Key Findings
● Recommendations for Investors
● Recommendations for Market Leaders
● Recommendations for New Market Entry
3.Global Professional Beauty Services Market: Competitive Analysis
•
MMR Competition Matrix
● Market Structure by region
● Competitive Benchmarking of Key Players
● Consolidation in the Market
● M&A by region
● Key Developments by Companies
● Market Drivers
● Market Restraints
● Market Opportunities
● Market Challenges
● Market Dynamics
● PORTERS Five Forces Analysis
● PESTLE
● Regulatory Landscape by region
● North America
● Europe
● Asia Pacific
● Middle East and Africa
● South America
● COVID-19 Impact
4 . Company Profile: Key players
•
Company Overview
● Financial Overview
● Global Presence
● Capacity Portfolio
● Business Strategy
● Recent Developments
Key Offerings:
•
Past Market Size and Competitive Landscape (2022 to 2029)
● Past Pricing and price curve by region (2022 to 2029)
● Market Size, Share, Size and Forecast by different segment | 2022-2029
● Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
● Market Segmentation - A detailed analysis by growth and trend
● Competitive Landscape - Profiles of selected key players by region from a strategic perspective
● Competitive landscape - Market Leaders, Market Followers, Regional player
● Competitive benchmarking of key players by region
● PESTLE Analysis
● PORTER's analysis
● Value chain and supply chain analysis
● Legal Aspects of business by region
● Lucrative business opportunities with SWOT analysis
● Recommendations
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Contact Maximize Market Research:
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Pune Banglore Highway,Narhe
Pune, Maharashtra 411041, India
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https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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