Press release
Professional Beauty Services Market to Reach $384.5 Billion by 2032, Growing at 4.7% CAGR
As the population ages, there is a growing inclination among individuals aged 35 and above to invest more in beauty products and services. This demographic trend is expected to sustain robust demand in the beauty services sector in the coming years. Furthermore, technological integration has revolutionized the industry, enhancing service offerings and providing personalized solutions to consumers. The adoption of technology by market players has not only improved efficiency but also enriched customer experiences, thereby further fueling market growth in the professional beauty services segment.
Get Free Sample Copy of This Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=7768
Key Takeaways from Market Study
The global professional beauty services market is on track to achieve substantial growth, projected to expand at a CAGR of 4.7% to reach US$ 384.5 billion by the end of 2032. Between 2017 and 2021, the market demonstrated a steady 3.8% CAGR, reflecting sustained demand and investment in beauty services worldwide. Hair cutting services lead the market, valued at US$ 95.8 billion in 2022, highlighting their significant contribution to the industry's overall revenue.
Regionally, East Asia emerged as the frontrunner in 2021, commanding a 27% market share, driven by robust economic growth and a burgeoning consumer base. Looking ahead, Europe and South Asia & Oceania are expected to witness notable growth rates of 4.8% and 5.6% CAGR, respectively, underscoring expanding opportunities in these regions fueled by rising disposable incomes and evolving beauty trends. These trends collectively indicate a dynamic and evolving landscape for professional beauty services globally.
List of Key Companies Profiled in The Report
Amazing Lash Studio
Amazing Lash Studio
Cookie Cutters
Drybar
Fantastic Sams
Floyd's Barbershop
Great Clips, Inc.
Lakme Salon
L'Oréal Professionnel
Regis Corporation
Seva Beauty
Others
Recent Industry News
Recent industry news in the Professional Beauty Services market highlights the rapid pace of innovation, strategic collaborations, and emerging trends driving the industry forward. From partnerships between beauty brands and influencers to the launch of sustainable beauty initiatives, notable developments underscore the market's dynamism and potential for growth. Stay updated with the latest advancements and industry trends to remain competitive and capitalize on emerging opportunities in the dynamic landscape of Professional Beauty Services.
Notable developments in the Professional Beauty Services market showcase the industry's commitment to innovation, sustainability, and addressing contemporary beauty standards. From the introduction of eco-friendly beauty products to the rise of inclusive beauty campaigns, these developments underscore the market's potential to drive transformative change. Stay informed about the latest developments and innovations shaping the Professional Beauty Services market to stay ahead of the curve and capitalize on emerging opportunities.
Want Full Report? Enquire Here- https://www.factmr.com/report/professional-beauty-services-market
Competitive Landscape
The international professional beauty services market exhibits a high level of competition, characterized by low entry barriers and comparable service offerings at competitive price points. Market players are actively incorporating technology into their service portfolios to gain a larger market share.
In May 2022, wellness and beauty company HatchBeauty made a strategic move by acquiring Trendalytics, a consumer analytics platform. Utilizing Trendalytics, which aggregates and analyzes millions of searches across various social media platforms, brands can enhance their product and service offerings based on consumer insights. Adding to the competitive dynamics, Function of Beauty, a prominent beauty products leader, took a significant step in August 2022 by acquiring Atolla, a personalized skincare company. This strategic move allows Function of Beauty to expand its capabilities and offer more personalized skincare solutions to its clientele.
The Professional Beauty Services market is a dynamic realm where artistry meets technology, and self-expression meets wellness. By understanding the market overview, insights, dynamics, future outlook, opportunities, recent industry news, and notable developments, stakeholders can navigate the complexities of the Professional Beauty Services landscape. With a focus on creativity, inclusivity, and holistic well-being, the Professional Beauty Services market is positioned to play a central role in defining and redefining beauty standards in the years to come.
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
About Fact.MR:
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Professional Beauty Services Market to Reach $384.5 Billion by 2032, Growing at 4.7% CAGR here
News-ID: 3548964 • Views: …
More Releases from Fact.MR
Well Intervention Market is Predicted to Reach US$ 17.1 Billion by 2035, Expandi …
The global well intervention market is projected to increase from USD 8.7 billion in 2025 to USD 17.1 billion by 2035, with a compound annual growth rate (CAGR) of 7.0% during the forecast period. Growth is driven by the growing need for energy, along with aging oil and gas wells. Offshore rig operators are stepping up their game by investing in both light and heavy intervention services to enhance efficiency…
Assembly Robot Market Size Worth US$ 54,915.6 Million by 2035 at a CAGR Of 11.6% …
The global assembly robot market is projected to rise from USD 18,325.4 million in 2025 to USD 54,915.6 million by 2035, reflecting a robust compound annual growth rate (CAGR) of 11.6% during the forecast period. This growth is fueled by advancements in artificial intelligence, machine learning, and 5G technology, which enhance robots' precision, efficiency, and safety, particularly in collaborative operations alongside human workers.
These innovations allow assembly robots to execute complex…
Zonal Isolation Packers Market is Predicted to Reach US$ 4.6 Billion by 2035, Ex …
The global zonal isolation packers market is projected to increase from USD 2.8 billion by 2025 to USD 4.6 billion by 2035, with a CAGR of 5.1% during the forecast period. Growth is driven by rising focus on well integrity during drilling and production, which has accelerated the use of mechanical and swellable packers.
Operators are adopting zonal isolation systems to prevent cross-zone fluid migration and ensure long-term performance. The rise…
Lithium-Ion Battery Pack Market Size Expected to Reach US$ 92.8 Billion by 2035: …
The global lithium-ion (Li-ion) battery pack market is poised for significant growth, with projections indicating an increase from USD 66.4 billion in 2025 to USD 92.8 billion by 2035, reflecting a compound annual growth rate (CAGR) of 3.4% during the forecast period.
This expansion is largely driven by the rising adoption of electric vehicles (EVs), advances in renewable energy storage solutions, and ongoing innovations in battery technology.
For More Insights into the…
More Releases for Beauty
Logunova Beauty Salon Announces Health-Conscious Beauty Innovation at Los Angele …
Logunova Beauty Salon revolutionizes the Los Angeles beauty industry through health-conscious innovations, international expertise, and comprehensive luxury services that set new standards for client wellness and aesthetic excellence in Downtown Los Angeles.
Downtown Los Angeles experiences a significant wellness transformation with Logunova Beauty Salon's announcement of health-conscious beauty innovations that redefine industry standards throughout the California market. The premier beauty salon [https://www.google.com/maps?&q=beauty+salon&cid=6449958440430743645] continues to establish new benchmarks for luxury beauty services…
Beauty Subscription Boxes Market Size in 2023 To 2029 | Boxycharm, Ipsy Glam Bag …
This Beauty Subscription Boxes research report highlights on the main market players increasing in the market; it follows their business approaches, economic position, and future products. High growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for…
Beauty Tech on the Rise : Beauty Devices Market
The global Beauty Devices Market market is estimated to attain a valuation of US$ 48.8 Bn by the end of 2023, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6% during the forecast period, 2023-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders…
Beauty Devices Market: Growing Applications of Beauty Devices in Healthcare to D …
Beauty devices are made and sold for the purpose of enhancing the physical attractiveness of users. These devices come in handy and are very useful for the cosmetic usage area including skin related issues, such as acne, wrinkles and scars usage areas among others. The market for beauty device is expected to witness huge growth due to changing consumer psyche towards beauty and wellness and increasing prevalence of age-related skin…
Global Beauty Instrument Market Growth Will Escalate Rapidly till 2024 by Top Ve …
Global Beauty Instrument Market brings a systematic perspective of the market execution in worldwide and additionally the regional situation. In a detailed sections shrewd arrangement, the Beauty Instrument contemplate that make sense of different perspectives relating to the global market. To begin with, the Beauty Instrument market definition, applications, arrangement, and industry esteem chain structure are incorporated into the answer, to target gathering of people on restricting Beauty Instrument market…
Global Beauty Instrument Market 2018 Stryker, Medtronic, Johnson & Johnson, Beau …
Beauty Instrument Market Summary
Global Beauty Instrument Market Size, Share, Growth, Trends, Regional Outlook, and Forecasts, 2018 - 2025' to its vast database of research reports. This intelligence study focuses on the current market trends and development patterns, in order to assist the new entrants in discovering market opportunities and develop effective ways to expand their presence in the global market.
Get a Sample PDF Report : https://is.gd/tjJnMl
This research report provides…
