Spas and Beauty Salons Market Latest Industry Research And Future Growth Outlook

Posted by Fred Williams on January 17th, 2022

A growing number of spas and beauty salons in the Americas spas and beauty salons market are expanding their assortments of techniques and therapies to get a better hold over the regional market, notes Transparency Market Research (TMR). Several top players are focusing on utilizing advanced methods and breakthroughs in skincare and facials in their services to meet the emerging needs of the customers, with an aim to stay ahead of others. They are also increasingly capitalizing on anti-aging products to consolidate their positions in the market.

Leading players operating in the Americas spas and beauty salons market include Bradley & Diegel Salon, Metodo Rossano Ferretti Salon, John Barrett Salon, Chris Chase Salon, Butterfly Studio Salon & Spa, Robert James Salon and Spa, Metropolis Salon & Dry Bar, the Roose Parlour and Spa, Salon U, and Muse Salon & Spa LLC.

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 The opportunities in the Americas spas and beauty salon market are projected to reach a worth of US8.2 Billion by the end of 2020, expanding at a CAGR of 7.20% during 2014–2020; the regional market stood at US.1 Billion in 2013.

The various geographical markets for spas and beauty salons are Central America, South America, and North America. Of these North America led the pack in 2013 and is trailed by South America. The growth in North America market will be majorly driven by the U.S. and Mexico whereas the major chunk of the revenue for South America is likely to come from Argentina and Colombia. The substantial demand for spas and beauty salons in these regions can be attributed to the rising proclivity of the populations for anti-aging skincare treatment services. The rising uptake of salon facial treatments for various skin types is a key factor accentuating these regional market.