GITNUX MARKETDATA REPORT 2024

Must-Know Salon Industry Statistics [Latest Report]

In this post, we will explore key statistics about the salon industry that shed light on its size, trends, and economic impact. From the sources of new clients to revenue figures and market segmentation, these statistics provide valuable insights into the dynamics of this thriving industry. Let’s dive into the numbers and uncover the fascinating facts behind the bustling world of salons.

Statistic 1

"54% of salon owners report that at least half of their revenue comes from repeat clients."

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Statistic 2

"Retail sales typically contribute 10-15% of a salon's total revenue."

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Statistic 3

"Nail services account for approximately 15-20% of a typical salon's revenue."

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Statistic 4

"Women who visit salons spend an average of $50 per month on salon services."

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Statistic 5

"The salon industry workforce comprises more than 1.3 million professionals in the U.S."

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Statistic 6

"Training and continuous education for stylists lead to a 15% increase in client retention."

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Statistic 7

"37% of salons offer online payment options to clients."

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Statistic 8

"The number of hair salons in the U.S. was approximately 82,000 as of 2021."

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Statistic 9

"The average annual revenue of beauty salons in the United States is $245,000."

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Statistic 10

"Color treatments account for about 30% of services offered by salons."

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Statistic 11

"The salon software market size is expected to reach $431 million by 2026."

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Statistic 12

"The haircare market within the salon industry is valued at over $90 billion globally."

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Statistic 13

"In 2020, the U.S. salon industry generated approximately $46.2 billion in revenue."

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Statistic 14

"By 2025, the global salon industry is expected to reach $190 billion."

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Statistic 15

"45% of salons use social media as their primary marketing tool."

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Statistic 16

"Staff turnover in the salon industry averages at around 20-30% annually."

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Statistic 17

"Online booking accounts for 20-30% of appointments in modern salons."

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Statistic 18

"78% of U.S. salons are independently owned."

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Statistic 19

"The average salon client visits the salon every 6-8 weeks."

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Statistic 20

"The average commission paid to salon stylists is approximately 45-50%."

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The salon industry in the U.S. is a thriving sector that relies heavily on word-of-mouth referrals, online booking, and independently owned businesses. With an average annual revenue of $245,000 per salon and over 1.2 million employed individuals, the sector contributes significantly to the economy. The industry’s future growth looks promising, particularly in men’s grooming, as well as organic and natural products. With a strong focus on customer service and innovative trends, the salon industry is projected to continue its upward trajectory, aligning with the global hair care market’s anticipated growth to reach $211.1 billion by 2025.

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