Americas Spas and Beauty Salons Market to Exceed Valuation of US$ 244.52 Bn by 2031: Transparency Market Research

Americas Spas and Beauty Salons Market: Introduction

Transparency Market Research delivers key insights on the Americas spas and beauty salons market. In terms of revenue, the Americas spas and beauty salons market is estimated to expand at a CAGR of 7.01% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the Americas spas and beauty salons market.

Spas and beauty salons are investing in R&D for the betterment of their services and expanding their service lines to meet the increasing demand for spas and beauty salons. Moreover, changing lifestyles and growing interest in personal pampering is fueling the demand for spas and beauty salons and is expected to boost the market during the forecast period.

 

Americas Spas and Beauty Salons Market: Key Segments

In terms of type, the Americas spas and beauty salons market has been segmented into spa and beauty salon. Spa holds major share in the Americas spas and beauty salons market and also holds prominent position in terms of growth rate. The initiation of smart technology in appliances establishes an Internet-enabled ecosystem that aids the lifestyle of households. This factor is anticipated to boost the demand for spas and beauty salons in the Americas market during the forecast years.

In terms of end-user, the Americas spas and beauty salons market has been segmented into men and women. Women segment holds dominant position both in terms of share and market growth. The growing population of working women is creating demand for spas and beauty salons. The average monthly income of households has increased. Spending capacity and high standard of living of women in the Americas are leading to rising spend on personal grooming services, which is expected to boost the growth of the Americas spas and beauty salons market during the forecast period.

Americas Spas and Beauty Salons Market: Prominent Region

North America is anticipated to dominate the Americas spas and beauty salons market. The spas and beauty salons industry has been witnessing significant growth over the past few years, due to rising consumer concerns about personal appearance and lifestyles. Consumer awareness about the benefits associated with spas and beauty salon services is also propelling the growth of the Americas spas and beauty salons market.

Americas Spas and Beauty Salons Market: Key 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: Segmentation

Americas Spas and Beauty Salons Market, by Type

  • Spa
  • Beauty Salon

Americas Spas and Beauty Salons Market, by End-user

  • Men
  • Women

Americas Spas and Beauty Salons Market, by Region

  • Americas
    • North America
    • Central America
    • South America

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