Press release
Beauty And Wellness Franchise Market Poised for Robust Growth, Projected to Hit $173.65 Billion by 2029
Beauty And Wellness Franchise
What Is the Projected Size of the Beauty And Wellness Franchise Market by 2025?
The global beauty and wellness franchise market has been expanding rapidly, projected to grow from $109.53 billion in 2024 to $120.41 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 9.9%. This growth trajectory over the recent period is driven by multiple factors, including rising consumer expenditure on personal care, increasing awareness of health-oriented offerings, urban demographic shifts, the expansion of spa and salon networks, and enhanced recognition of established brand names.
How Large Will the Beauty And Wellness Franchise Market Grow by 2029?
The beauty and wellness franchise sector is anticipated to continue its robust expansion, reaching an estimated $173.66 billion by 2029, supported by a CAGR of 9.6%. Key growth drivers in the forecast period include surging demand for personalized wellness services, adoption of online booking tools, growing preference for environmentally responsible products, expansion of multi-service franchise models, and societal emphasis on physical health and fitness. Notable developments expected during this period involve innovation in sustainable and eco-friendly offerings, investment in research for novel wellness treatments, technological advances in digital reservation platforms, personalized cosmetic procedures, and integration with holistic health and fitness programs.
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What Are the Key Drivers of Growth in the Beauty And Wellness Franchise Market?
The sector's growth is underpinned by increasing consumer awareness regarding personal care and holistic wellness. Franchises are meeting this demand by delivering consistent, high-quality services and products that enhance both physical and mental well-being. For example, U.S. Bureau of Labor Statistics data indicates that average household spending on personal care products and services rose to $950 in 2023 from $866 in 2022. This growing emphasis on self-care and wellness directly fuels the expansion of beauty and wellness franchises.
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Major Trends Shaping the Beauty And Wellness Franchise Market
Leading franchises are adopting advanced technologies, notably AI-driven wellness solutions, to provide personalized yet scalable wellness experiences. For instance, in September 2025, UAE-based Elegant Hoopoe launched an AI-based wellness franchise model targeting over 200 locations globally. Machine learning algorithms optimize treatment plans, improve client assessments, and enhance operational efficiency, thereby setting a new benchmark for franchise delivery in the wellness sector.
Market Segmentation
By Product Type: Skincare Products, Haircare Products, Body Care Products, Makeup Products, Health Supplements
By Franchise Type: Salon and Spa, Fitness Centers, Cosmetic Clinics, Wellness Centers, Other Franchise Types
By Wellness Focus: Mental Wellness, Physical Wellness, Personal Care, Holistic Wellness
By Distribution Channels: Retail Outlets, Online Sales, Direct Selling, Salon and Spa Partnerships
By End-User: Women, Men, Unisex
Leading Companies:
Elements Massage; Blo Blow Dry Bar Inc.; European Wax Center; Rush Hair & Beauty; The Joint Chiropractic; 100% Chiropractic; Skin Laundry Holdings LLC; Lakmé Salon; Jawed Habib Hair and Beauty; Planet Beach; Face Foundrie LLC; iCRYO; Lemon Tree Family Salons; MiniLuxe Inc.; Phenix Salon Suites; Spavia Day Spa; Zen Day Spa; Bodystreet GmbH; Guinot Institut; BeBalanced Hormone Weight Loss Centers
Key Geographic Markets:
North America is the largest market, while Asia-Pacific is projected to grow the fastest. Other regions include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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