Americas Spas and Beauty Salons Market Outlook, Trends, Analysis

Americas Spas and Beauty Salons Market (Type: Spa and Beauty Salon; and End-user: Men and Women) - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Americas Spas and Beauty Salons Market Outlook 2031

  • The Americas spas and beauty salons market was valued over US$ 116.31 Bn in 2020
  • It is estimated to expand at a CAGR of 7.01% from 2021 to 2031
  • The Americas spas and beauty salons market is expected to surpass the value of US$ 244.52 Bn by the end of 2031

Analysts’ Viewpoint on Americas Spas and Beauty Salons Market Scenario

Increasing consumer concerns about personal appearance and lifestyles is driving the Americas spas and beauty salon market during the forecast period. The growing awareness about the benefits of spa and beauty salon services is expected to boost the market in the upcoming years. However, high initial investment due to expensive machines and products is hampering market growth. Market players are overcoming the losses due to the COVID-19 pandemic, and creating growth opportunities in the market. The growing population of working women is one of the key factors driving the Americas spas and beauty salons market. Women are more likely to spend on grooming services, and this factor is expected to boost the expansion of the Americas spas and beauty salons market during the forecast period.

Impact of COVID-19 Pandemic on America Spas and Beauty Salon Market

The Americas spas and beauty salon market is harshly affected by the COVID-19 pandemic. All the non-essential services were halted due to rapid spread of coronavirus. Increasing disposable incomes and spending capacity of consumers led to the rising demand for spas and beauty treatments. Beauty treatments such as massage, skin lightning, waxing, facial, anti-aging, and tan removing treatments are becoming extremely popular in consumers in Americas. People in Americas, especially women taking efforts to improve their look and appearance. This factor is driving the demand for spas and beauty salon market in Americas, thereby creating profitable opportunities for service providers and beauticians. Manufacturers operating in the Americas spas and beauty salon market are focusing on innovations in services to gain competitive benefits in the market.

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Increase in Disposable Income and Spending Capacity of Consumers in Americas

There is an increasing demand for various therapeutic massage techniques to reduce stress in consumers in America. Spas and body massage help in relaxation to the body and mind. This is a major factor responsible for the growing popularity of spas and beauty salon market in Americas. Modernization and busy lifestyles are some of the reasons fuelling the development of the Americas spas and beauty salons market. Consumers in America are more aware about the spas and beauty salon services. They are more likely to spend on such services due to changing lifestyles, rising disposable incomes, and spending capacity on personal grooming.

The increasing popularity of spas and beauty salon services such as skin treatments, relaxation treatments, hair treatment, waxing, body massage, etc. is driving the Americas spas and beauty salon market during the forecast period.

Spas and beauty salons are organizing training programs to meet international standards in beauty treatments. The lucrative presence of small and medium-scale market players is driving the expansion of the market. There is an increasing popularity of such services due to rapidly developing beauty parlors, salons, and grooming centers in Americas. People are more likely to invest in spas and beauty treatment to improve their look and appearance.

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Innovation in Therapies and Adoption of New Techniques to Increase Revenue Streams

Market players in the Americas spas and beauty salons are adopting new techniques and therapies to fulfill the growing demand from consumer. These spas and beauty salons have adopted international standards to improve their training programs. Market contributors are focusing on improving their services to gain attraction from consumers. Changing living standards due to urbanization and modernization is a factor creating awareness about health and lifestyle.

The rising disposable income, along with the ability to spend on beauty treatments is contributing to the Americas spas and beauty salons market growth. Women are most likely to opt for such services to rejuvenate their skin and reduce stress, thereby boosting the market. The growing awareness of using organic products is anticipated to drive the spas and beauty salons market in Americas.

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North America to Dominate Americas Spas and Beauty Salons Market

North America is expected to witness tremendous growth opportunities in the spas and beauty salon market during the forecast period. Key players in the North America spas and beauty salons market are focusing on expanding their geographical reach to stay competitive in the market and cater to a large customer base. A lot of spas and beauty salon centers are adopting technologically advanced devices and organic products to gain large customer base. Market players in the region are following innovative strategies to increase their market presence to gain revenue streams.

In addition, Rising population of working women, changing lifestyles, and growing trend on investing on personal grooming are some of the factors fueling the demand for spas and beauty salons in Americas. The lucrative presence of market players is driving the Americas spas and beauty salons market during the forecast period.

Americas Spas and Beauty Salons Market: Overview

  • According to Transparency Market Research’s latest research report on the Americas spas and beauty salons market for the historical period 2017, 2018, and 2019, and the forecast period 2021–2031, rising concern about personal appearance and growing demand for standard and healthy lifestyles are expected to accelerate the spas and beauty salons market
  • Spas and beauty salons provide various services to customers such as massage, skin treatments, relaxation treatments, hair treatment, and waxing. Spas and beauty salons also organize training programs that meet international standards for beauticians to improve their services.
  • Increasing consumer demand for various therapeutic massage techniques, which reduce stress and provide instant relaxation to the body and mind, is a crucial factor responsible for the growing popularity of this market. Modernization and busy lifestyles are primary reasons fuelling the development of the Americas spas and beauty salons market.

Spas and Beauty Salons Focusing on New Techniques and Therapies to Improve Market Overall Share

  • Spas and beauty salons in the Americas are adopting new techniques and therapies to satisfy growing consumer needs. Currently, some spas and beauty salons have adopted international standards to improve their training programs. Furthermore, training is provided to the workforce to increase the standard of the industry and to enhance the quality of the services, which is expected to drive the overall growth of the spas and beauty salons market during the forecast period.
  • High standard of living and growing disposable income in this region help consumers opt for such services to rejuvenate their skin and reduce stress, thereby boosting the market. Furthermore, rising demand for natural or herbal products to keep the body healthy is estimated to expand this market further.
  • However, the initial investment and setup cost is high which includes expensive products, machines, and interiors. This could affect small and medium businesses. All non-essential businesses were closed due to the COVID-19 pandemic due to government restrictions, which hampered the growth of the spas and beauty salons market.
  • Nevertheless, growing inclination of people toward personal appearance and natural or herbal products to keep the body healthy, and availability of new spa technologies is anticipated to bolster the expansion of the spas and beauty salons market

North America Dominates Spas and Beauty Salons Market in Americas

  • North America is expected to lead the Americas spas and beauty salons market followed by South America. The U.S. is dominating the market for spas and beauty salons across the Rest of North America.
  • The spas and beauty salons industry has been witnessing significant growth due to rising consumer concerns about personal appearance and lifestyles. Consumer awareness about the benefits associated with spas and beauty salons service is also propelling the growth of the Americas spas and beauty salons market.

Americas Spas and Beauty Salons Market: Competition Landscape

  • Detailed profiles of providers of spas and beauty salons have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • The spas and beauty salons market is fragmented due to the presence of several players. Competition is expected to intensify in the coming years due to the entry of several local players.
  • Key players operating in the Americas spas and beauty salons market are
    • Muse Salon & Spa LLC
    • Paul Labrecque
    • The Roose Parlour and Spa
    • Metropolis Salon
    • Robert James Salon and Spa
    • Butterfly Studio Salon & Spa
    • Chris Chase Salon
    • John Barrett Salon
    • Metodo Rossano Ferretti Salon
    • Madeline Wade
    • Bradley & Diegel Salon, etc.

Americas Spas and Beauty Salons Market: Key Developments

  • Key players in the spas and beauty salons market such as John Barrett Salon and Rossano Ferretti are focusing on service development. Spas and beauty salons are concentrating on expanding their geographical reach to stay competitive in the market and to cater to a large customer base.
  • Furthermore, many spas and beauty salon centers are adopting newer techniques and using more organic and chemical free products to gain a competitive share of the Americas spas and beauty salons market. These are the key strategies followed by spas and beauty salons to increase their market share in terms of revenue.
    • On April 29, 2019, John Barrett Salon featured in Vogue for its new 57th street salon. This strategy is expected to help the salon expand its market base and share.
    • Rossano Ferretti is focusing on expanding its business by serving customers globally with major focus on the U.K., Italy, European Union, the U.S, and Canada. The company also sells various skin and hair care products. The company aims to target maximum customers with this expansion.

Americas Spas and Beauty Salons Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 116.31 Bn

Market Forecast Value in 2031

US$ 244.52 Bn

Growth Rate (CAGR)

7.01%

Forecast Period

2021-2031

Quantitative Units

US$ Bn for Value

Market Analysis

Americas qualitative analysis includes drivers, restraints, opportunities, key trends, upcoming key trends, Porter’s Five Forces analysis, value chain analysis, SWOT analysis, etc. Furthermore, at the regional level, qualitative analysis includes key trends, price trends, and consumer buying behavior analysis.

Competition Landscape

  • Market Player – Competition Dashboard and Revenue Share Analysis 2020
  • Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, COVID-19 Response, Strategy & Business Overview)

Market Segmentation

  • Type
    • Spa
    • Beauty Salon
  • End-user
    • Men
    • Women

Regions Covered

  • Americas

Regions Covered

  • North America
  • Central America
  • South America

Companies Profiled

  • Muse Salon & Spa LLC
  • The Roose Parlour and Spa
  • Metropolis Salon
  • Robert James Salon and Spa
  • Butterfly Studio Salon & Spa
  • Chris Chase Salon
  • John Barrett Salon
  • Metodo Rossano Ferretti Salon
  • Madeline Wade
  • Bradley & Diegel Salon

Customization Scope

Available upon Request

Pricing

Available upon Request

Spas and Beauty Salons Market – Segmentation

TMR’s study on the Americas spas and beauty salons market includes information categorized into three sections ― type, end-user, and region. Changing industry trends and other crucial market dynamics associated with these sections of the spas and beauty salons market are discussed in detail.

Type
  • Spa
  • Beauty Salon
End-user
  • Men
  • Women
Region
  • Americas
    • North America
    • Central America
    • South America

Frequently Asked Questions

How much is the Spas and Beauty Salons market worth?

The worldwide Spas and Beauty Salons market was estimated USD 138.2 billion by the end of 2020.

What is the CAGR for Spas and Beauty Salons market ?

The Spas and Beauty Salons market was estimated with CAGR of 7.20% during 2014–2020.

What factors will drive Spas and Beauty Salons market growth?

Rising Awareness of Benefits of Spa Treatments on Aesthetics and Personal Care bolsters drive the global Spas and Beauty Salons market.

Which are leading players in the Spas and Beauty Salons landscape?

Major companies across the market are Muse Salon & Spa LLC, Salon U, The Roose Parlour and Spa, Metropolis Salon & Dry Bar, Robert James Salon and Spa, Butterfly Studio Salon & Spa, Chris Chase Salon, John Barrett Salon, Metodo Rossano Ferretti Salon, Madeline Wade, Bradley & Diegel Salon, Maxine Salon, Marcos Proenca Cabeleireiros, Paul Labrecque Salon & Spa, Takamichi Hair, and Vasken Demirjian Salon.

Which region provide more business opportunities for Spas and Beauty Salons in future?

North America held the largest market share in the Americas spas and beauty salons market followed by South America. With rising consumer concerns over personal appearance and lifestyle, the spas and beauty salons industry has been witnessing significant growth over the past few years.

    1. Preface

        1.1. Market Definitions and Overview

        1.2. Market Segmentation and Scope

        1.3. Key Research Objectives

        1.4. Research Highlights

    2. Assumptions

    3. Research Methodology

    4. Executive Summary

    5. Market Overview

        5.1. Introduction

        5.2. Market Dynamics

            5.2.1. Drivers

            5.2.2. Restraints

            5.2.3. Opportunities

        5.3. Key Trends Analysis

            5.3.1. Demand Side Analysis

            5.3.2. Supply Side Analysis

        5.4. Key Market Indicators

            5.4.1. Overall Beauty industry Market

        5.5. Porter’s Five Forces Analysis

        5.6. Industry SWOT Analysis

        5.7. Value Chain Analysis

        5.8. COVID-19 Impact Analysis

        5.9. Americas Spas and Beauty Salons Market Analysis and Forecast, 2017 - 2031

            5.9.1. Market Value Projections (US$ Bn)

    6. Americas Spas and Beauty Salons Market Analysis and Forecast, By Type

        6.1. Americas Spas and Beauty Salons Market (US$ Bn) Forecast, By Type, 2017 - 2031

            6.1.1. Spa

            6.1.2. Beauty Salon

        6.2. Incremental Opportunity, By Type

    7. Americas Spas and Beauty Salons Market Analysis and Forecast, By End-user

        7.1. Americas Spas and Beauty Salons Market (US$ Bn) Forecast, By End-user, 2017 - 2031

            7.1.1. Men

            7.1.2. Women

        7.2. Incremental Opportunity, By End-user

    8. Americas Spas and Beauty Salons Market Analysis and Forecast, By Region

        8.1. Americas Spas and Beauty Salons Market (US$ Bn) Forecast, By Region, 2017 - 2031

            8.1.1. North America

            8.1.2. Central America

            8.1.3. South America

        8.2. Incremental Opportunity, By Region

    9. North America Spas and Beauty Salons Market Analysis and Forecast

        9.1. Regional Snapshot

        9.2. Key Trends Analysis

            9.2.1. Demand Side Analysis

            9.2.2. Supply Side Analysis

        9.3. Consumer Buying Behavior Analysis

        9.4. Spas and Beauty Salons Market (US$ Bn) Forecast, By Type, 2017 - 2031

            9.4.1. Spa

            9.4.2. Beauty Salon

        9.5. Spas and Beauty Salons Market (US$ Bn) Forecast, By End-user, 2017 - 2031

            9.5.1. Men

            9.5.2. Women

        9.6. Spas and Beauty Salons Market (US$ Bn) Forecast, By Region, 2017 - 2031

            9.6.1. U.S.

            9.6.2. Rest of North America

        9.7. Incremental Opportunity Analysis

    10. Central America Spas and Beauty Salons Market Analysis and Forecast

        10.1. Regional Snapshot

        10.2. Key Trends Analysis

            10.2.1. Demand Side Analysis

            10.2.2. Supply Side Analysis

        10.3. Consumer Buying Behavior Analysis

        10.4. Spas and Beauty Salons Market (US$ Bn) Forecast, By Type, 2017 - 2031

            10.4.1. Spa

            10.4.2. Beauty Salon

        10.5. Spas and Beauty Salons Market (US$ Bn) Forecast, By End-user, 2017 - 2031

            10.5.1. Men

            10.5.2. Women

        10.6. Spas and Beauty Salons Market (US$ Bn) Forecast, By Region, 2017 - 2031

            10.6.1. Mexico

            10.6.2. Rest of Central America

        10.7. Incremental Opportunity Analysis

    11. South  America Spas and Beauty Salons Market Analysis and Forecast

        11.1. Regional Snapshot

        11.2. Key Trends Analysis

            11.2.1. Demand Side Analysis

            11.2.2. Supply Side Analysis

        11.3. Consumer Buying Behavior Analysis

        11.4. Spas and Beauty Salons Market (US$ Bn) Forecast, By Type, 2017 - 2031

            11.4.1. Spa

            11.4.2. Beauty Salon

        11.5. Spas and Beauty Salons Market (US$ Bn) Forecast, By End-user, 2017 - 2031

            11.5.1. Men

            11.5.2. Women

        11.6. Spas and Beauty Salons Market (US$ Bn) Forecast, By Region, 2017 - 2031

            11.6.1. Brazil

            11.6.2. Rest of South America

        11.7. Incremental Opportunity Analysis

    12. Competition Landscape

        12.1. Market Player – Competition Dashboard

        12.2. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)

            12.2.1. Muse Salon & Spa LLC

                12.2.1.1. Company Overview

                12.2.1.2. Sales Area/Geographical Presence

                12.2.1.3. Revenue

                12.2.1.4. Strategy & Business Overview

            12.2.2. The Roose Parlour and Spa

                12.2.2.1. Company Overview

                12.2.2.2. Sales Area/Geographical Presence

                12.2.2.3. Revenue

                12.2.2.4. Strategy & Business Overview

            12.2.3. Metropolis Salon

                12.2.3.1. Company Overview

                12.2.3.2. Sales Area/Geographical Presence

                12.2.3.3. Revenue

                12.2.3.4. Strategy & Business Overview

            12.2.4. Robert James Salon and Spa

                12.2.4.1. Company Overview

                12.2.4.2. Sales Area/Geographical Presence

                12.2.4.3. Revenue

                12.2.4.4. Strategy & Business Overview

            12.2.5. Butterfly Studio Salon & Spa

                12.2.5.1. Company Overview

                12.2.5.2. Sales Area/Geographical Presence

                12.2.5.3. Revenue

                12.2.5.4. Strategy & Business Overview

            12.2.6. Chris Chase Salon

                12.2.6.1. Company Overview

                12.2.6.2. Sales Area/Geographical Presence

                12.2.6.3. Revenue

                12.2.6.4. Strategy & Business Overview

            12.2.7. John Barrett Salon

                12.2.7.1. Company Overview

                12.2.7.2. Sales Area/Geographical Presence

                12.2.7.3. Revenue

                12.2.7.4. Strategy & Business Overview

            12.2.8. Metodo Rossano Ferretti Salon

                12.2.8.1. Company Overview

                12.2.8.2. Sales Area/Geographical Presence

                12.2.8.3. Revenue

                12.2.8.4. Strategy & Business Overview

            12.2.9. Madeline Wade

                12.2.9.1. Company Overview

                12.2.9.2. Sales Area/Geographical Presence

                12.2.9.3. Revenue

                12.2.9.4. Strategy & Business Overview

            12.2.10. Bradley & Diegel Salon

                12.2.10.1. Company Overview

                12.2.10.2. Sales Area/Geographical Presence

                12.2.10.3. Revenue

                12.2.10.4. Strategy & Business Overview

    13. Key Takeaways

        13.1. Identification of Potential Market Spaces

            13.1.1. By Type

            13.1.2. By End-user

            13.1.3. By Region

        13.2. Understanding the Buying Process of the Customers

        13.3. Prevailing Market Risks

        13.4. Preferred Sales & Marketing Strategy

    List of Tables

    Table 1: Americas Spas and Beauty Salons Market by Type, US$ Bn 2017-2031

    Table 2: Americas Spas and Beauty Salons Market, by End-user, US$ Bn 2017-2031

    Table 3: Americas Spas and Beauty Salons Market, by Region, US$ Bn 2017-2031

    Table 4: North America Spas and Beauty Salons Market, by Type, US$ Bn 2017-2031

    Table 5: North America Spas and Beauty Salons Market, by End-user, US$ Bn 2017-2031

    Table 6: North America Spas and Beauty Salons Market, by Country, US$ Bn 2017-2031

    Table 7: Central America Spas and Beauty Salons Market, by Type, US$ Bn 2017-2031

    Table 8: Central America Spas and Beauty Salons Market, by End-user, US$ Bn 2017-2031

    Table 9: Central America Spas and Beauty Salons Market, by Country, US$ Bn 2017-2031

    Table 10: South America Spas and Beauty Salons Market, by Type, US$ Bn 2017-2031

    Table 11 South America Spas and Beauty Salons Market, by End-user, US$ Bn 2017-2031

    Table 12: South America Spas and Beauty Salons Market, by Country, US$ Bn 2017-2031

    List of Figures

    Figure 1: Americas Spas and Beauty Salons Market Projections, by Type, US$ Bn 2017-2031

    Figure 2: Americas Spas and Beauty Salons Market, Incremental Opportunity, by Type, US$ Bn 2021 -2031

    Figure 3: Americas Spas and Beauty Salons Market Projections, by End-user, US$ Bn 2017-2031

    Figure 4: Americas Spas and Beauty Salons Market, Incremental Opportunity, by End-user, US$ Bn 2021 -2031

    Figure 5: Americas Spas and Beauty Salons Market Projections, by Region, US$ Bn 2017-2031

    Figure 6: Americas Spas and Beauty Salons Market, Incremental Opportunity, by Region, US$ Bn 2021 -2031

    Figure 7: North America Spas and Beauty Salons Market Projections, by Type, US$ Bn 2017-2031

    Figure 8: North America Spas and Beauty Salons Market, Incremental Opportunity, by Type, US$ Bn 2021 -2031

    Figure 9: North America Spas and Beauty Salons Market Projections, by End-user, US$ Bn 2017-2031

    Figure 10: North America Spas and Beauty Salons Market, Incremental Opportunity, by End-user, US$ Bn 2021 -2031

    Figure 11: North America Spas and Beauty Salons Market Projections, by Country, US$ Bn 2017-2031

    Figure 12: North America Spas and Beauty Salons Market, Incremental Opportunity, by Country, US$ Bn 2021 -2031

    Figure 13: Central America Spas and Beauty Salons Market Projections, by Type, US$ Bn 2017-2031

    Figure 14: Central America Spas and Beauty Salons Market, Incremental Opportunity, by Type, US$ Bn 2021 -2031

    Figure 15: Central America Spas and Beauty Salons Market Projections, by End-user, US$ Bn 2017-2031

    Figure 16: Central America Spas and Beauty Salons Market, Incremental Opportunity, by End-user, US$ Bn 2021 -2031

    Figure 17: Central America Spas and Beauty Salons Market Projections, by Country, US$ Bn 2017-2031

    Figure 18: Central America Spas and Beauty Salons Market, Incremental Opportunity, by Country, US$ Bn 2021 -2031

    Figure 19: South America Spas and Beauty Salons Market Projections, by Type, US$ Bn 2017-2031

    Figure 20: South America Spas and Beauty Salons Market, Incremental Opportunity, by Type, US$ Bn 2021 -2031

    Figure 21: South America Spas and Beauty Salons Market Projections, by End-user, US$ Bn 2017-2031

    Figure 22: South America Spas and Beauty Salons Market, Incremental Opportunity, by End-user, US$ Bn 2021 -2031

    Figure 23: South America Spas and Beauty Salons Market Projections, by Country, US$ Bn 2017-2031

    Figure 24: South America Spas and Beauty Salons Market, Incremental Opportunity, by Country, US$ Bn 2021 -2031

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