The cosmetology industry is an ever-growing field that is constantly evolving and adapting to the needs of the modern consumer. With the rise of social media, the beauty industry has become increasingly competitive, and it’s important to stay up-to-date with the latest trends and statistics. In this article, we’ll explore some of the most important cosmetology industry statistics, including the size of the industry, the average salary of a cosmetologist, and the most popular services offered.
We’ll also look at the impact of the pandemic on the industry and how it has affected the job market. Finally, we’ll discuss some of the most promising trends and opportunities for those looking to enter the field. So, if you’re interested in learning more about the cosmetology industry, keep reading.
Cosmetology Industry: Most Important Statistics
The median annual salary of cosmetologists in the US is $24,830, but the salary range varies greatly depending on location and specializations.
1 in 5 hairdressers are likely to experience an anxiety disorder, and 20%, 16%, and 27% of clients noticed their stylist seemed anxious, depressed, and stressed respectively.
Cosmetology Industry: Statistics Overview
Employment in the Cosmetology Industry is projected to grow 11% in the next 10 years, with an average of 93,800 job openings each year.
The Cosmetology Industry is growing and is expected to continue to grow in the future. This growth is expected to create more job opportunities for those interested in the field, which is beneficial for those looking to enter the industry.
Additionally, the statistic shows that many of the job openings are due to workers leaving the industry, which could be indicative of a need for more experienced professionals in the field.
The cosmetology industry is growing rapidly, with revenues of $44 billion, profits increasing from 1.9% to 5.7%, and job outlook increasing by 8% between 2018 and 2028.
This growth is driven by population growth and other factors, making it an important industry to watch.
The median hourly wage for barbers, hairstylists, and cosmetologists is $14.26, with the lowest 10 percent earning less than $10.03 and the highest 10 percent earning more than $28.40.
This data is important for understanding the financial realities of the cosmetology industry, as it shows the range of wages that individuals in the industry can expect to make. Additionally, the data highlights the importance of tips for many in the industry, as tips are included in the wage data.
The median annual salary of cosmetologists in the US is $24,830, but the salary range varies greatly depending on location and specializations.
This statistic is important to the Cosmetology Industry because it provides insight into the potential earning potential of cosmetologists and helps them make informed decisions about their career. It also provides employers with an understanding of the salary range they should expect to pay for cosmetology services.
Women earn 92¢ for every $1 earned by men in the Cosmetology Industry.
Which matters because it highlights the gender wage gap that exists in the Cosmetology Industry.
Over 90% of hairdressers, hairstylists and cosmetologists in the US are women and they earn an average of more than $35,000 annually.
This statistic matters because it demonstrates the prevalence of women in the cosmetology industry and the potential for a good salary. This is important because it shows the potential for women to have successful careers in this field.
Additionally, it highlights the importance of the cosmetology industry in providing economic opportunities for women.
Cosmetologists and hairdressers are at a higher risk of developing breast cancer due to exposure to hair dye.
The potential health risks associated with the profession are big. It is important for cosmetologists and hairdressers to be aware of the potential risks and take the necessary precautions to minimize their exposure to hair dye.
1 in 5 hairdressers are likely to experience an anxiety disorder, and 20%, 16%, and 27% of clients noticed their stylist seemed anxious, depressed, and stressed respectively.
This matters in the context of Cosmetology Industry Statistics because it shows the prevalence of mental health issues in the beauty community and the need for more support and resources for hairdressers.
The most common degree among Cosmetologists is an Associate degree, with 28% of Cosmetologists earning that degree, followed by High School Diploma with 23%, and a Bachelor’s degree with 17%.
This is important because the median annual income for Cosmetologists with an Associate degree is $33,280, compared to $32,415 for those with a High School Diploma and $35,990 for those with a Bachelor’s degree.
The cost of attending an accredited cosmetology school is significantly lower than the average costs of tuition and fees at public and private universities, making it an affordable option for those interested in the field.
This matters because it makes cosmetology a more accessible option for those who may not be able to afford the higher costs of a university education.
Conclusion
The cosmetology industry is an ever-growing and ever-evolving field. With the right education and training, the opportunities for success in this field are endless. The industry is expected to continue to grow and expand, with more people entering the field and more services being offered.
With the right knowledge and understanding of the industry, cosmetologists can make a successful career out of their passion. The industry is full of potential and the future looks bright for those who choose to pursue a career in cosmetology.
References
1 – https://www.bls.gov/ooh/personal-care-and-service/barbers-hairstylists-and-cosmetologists.htm#tab-6
2 – https://www.avenuefive.edu/cosmetology-industry-statistics/
3 – https://www.bls.gov/ooh/personal-care-and-service/barbers-hairstylists-and-cosmetologists.htm#tab-5
4 – https://www.theclassroom.com/average-cost-cosmetology-school-5503449.html
5 – https://www.zippia.com/cosmetologist-jobs/demographics/
6 – https://www.statista.com/statistics/1086926/share-hairdressers-hairstylists-cosmetologists-united-states-gender/
7 – https://www.hairstory.com/carryus/blog/hairdresser-health-risks-remedies/
8 – https://behindthechair.com/articles/hairdressers-mental-health-heres-why-it-matters/
9 – https://www.zippia.com/cosmetologist-jobs/demographics/
10 – https://research.com/degrees/cosmetology-degree
