Salon Chairs Market Focusing on Product Innovation and Advanced Features
Posted by Arslan on June 14th, 2019
In order to dissert the market scenario prevailing across the salon chairs market sector, FactMR has evenly presented a comprehensive salon chairs market size analysis to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the salon chairs market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.
A recent FactMR study foretells the salon chair market to record an expansion at 5.7% CAGR over the forecast period (2018-2028). Salon chair continues to witness increased traction in franchised salon chain and non-franchised salon chain end-use sectors. However, growth in independent salon end-use sector is also expected to be impressive.Salon chair continues to witness lucrative opportunities across countries like Brazil, China and the U.S. on the backdrop of an increasing number of independent salon chains worldwide. Moreover, growth in the prevalence of electric reclining salon chairs has influenced the demand for salon chair.
This has encouraged manufacturers to come up with innovative products in the market. The trending convergence of all-purpose salon chairs, which have more adoption rate, is further anticipated to create remunerative growth opportunities for the salon chair market. Increasing popularity of beauty and wellness sector and the tourism associated with them has impacted the salon chair manufacturing sectors, creating demand for electric and hydraulic salon chair. Increasing demand for modern barber chairs segment is creating an opportunity for salon chair market. A growing demand for salon chairs market by different mechanisms, especially in the hydraulic salon chairs segment, is offered by companies to both employees and customers are expected to boost the salon chair market. Salons are anticipated to use different types of salon chairs for different purposes as shampoo, dryer, manicure and pedicure that should benefit the global salon chair market
Salon Chair Analysis, by Product type
All-purpose salon chair segment is expected to be valued at US$ 449.3 Mn by 2028 and is projected to register a CAGR of 6.1% over the forecast period. Furthermore, the segment is also the leading contributor to the overall salon chair market. This segment accounts for 34.1% market share in the overall salon chair market in terms of product type and will continue to maintain its significant market share in the forecast years.
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On the basis of region, Asia Pacific except Japan (APEJ) region is projected to remain dominant throughout the forecast period. All-purpose salon chair segment is estimated to account for the highest market share of 36.9% in the APEJ market by 2018-end.
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About the AuthorArslan
Joined: December 18th, 2017
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