The salon chair market is likely to hold the global market at a moderate CAGR of ~5.3% during the forecast period. The global market holds a forecasted revenue of ~US$ 9.2 Billion in 2022 and is likely to cross ~US$ 15.4 Billion by the end of 2032.
The trending phenomenon of merging all-trading salon chairs with more acceptance rate is also expected to generate profitable growth opportunities for the global market of salon chairs. However, surging demand for wellness and beauty industry has positively affected the salon chairs manufacturing market which in turn drives electric as well as hydraulic chair use.
The development of the entertainment and fashion industry has promoted spending on personal grooming, contributing to an increase in independent salon chains across the globe. Therefore, salon chairs is expected to offer lucrative opportunities in the world market.
Furthermore, rising number of salons choosing electric reclining chairs is bringing new scope for the growth in the market. This factor is leading manufacturers toward product innovation and the addition of features to salon chairs like automatic water spray, automatic reclining etc.
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Additionally, old and antique salon chairs play also an important role. Premium salons are also sure, as they will use them to offer an exceptional experience for their customers. As such, international salon chairs market is likely to report remarkable growth in response of these factors over the forecast period.
Global Salon Chairs Market: Market Dynamics
Drivers for Salon Chairs Market
Increasing purchasing power in developing countries such as Thailand, Brazil, India, China and others allows the consumers to spend more on their grooming which in turn is increasing number of salons across the world. This factor drives the sales of salon chairs. Increasing number of salon in the developing countries due opening of new malls, and shopping complex is expected to drive growth of the salon chairs market. Increasing number franchises salons across the world is significantly boosting sales of salon chairs in terms of volume around the globe. Moreover, an increase in urbanization, disposable income and e-commerce penetration are expected to fuel growth of the salon chairs market in Latin America, South Asia and East Asia.
Trends for Salon Chairs market
Salons are increasing adoption of the electric reclining salon chairs for their ease in use. Furthermore, luxury salon are increasing adoption of the automated salon chairs to attract customers. Salon owners in the regions including North America and Europe are engaged using demographics specific salon chairs such as elderly salon chairs for old people, kid salon chairs for children and normal salon chairs for rest demographics.
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Opportunities for Salon Chairs Market
Increasing spending of the salon owners on advertisement and promotional activities associated with salon is expected to attract customers towards salon which in turn is expected to boost growth of the salon chairs market during the forecast period.
Challenges for Salon Chairs market
High price associated with the salon chairs is challenging use of modern and all-purpose salon chairs at small salons. Increasing number of companies such as UrbanClap which provides salon services at home is restraining growth of the salon chairs market. Moreover, increase in the purchasing of ‘do it yourself’ grooming products like trimmers, razers, facemasks and other products is hindering growth of the salon chairs market.
Salon Chairs Market: Regional Outlook
East Asia and South Asia together are expected to hold a prominent share in the global salon chairs market due to presence of large population going for salon on a weekly basis. North America and Europe are expected to have a significant share of automated and all-purpose salon chairs in the global salon chairs market.
Moreover, increasing urbanization in Latin America and Middle East & Africa is expected to support growth of the salons chairs market in these regions.
Global Salon Chairs Market: Key Players
Some of the key players operating in the global salon chairs market are Marc Salon Furniture, Mae’s, K.O. Professional, Dir Belgrano, Icarus, Memphis, Delano, Takara Belmont, Walcut, Lexus, LCL Beauty, Omwah and others. These players are expected to positively influence growth of the Salon chairs market during the forecast period. `
Global Salon Chairs Market: Market Segmentation
On the basis of product type the global salon chairs market has been segmented as
- Conventional salon chairs
- Antique/ Vintage salon chairs
- All-purpose salon chairs
- Modern salon chairs
- Others
On the basis of functionality the global salon chairs market has been segmented as
- Heavy Duty
- Electric
- Reclining
- Hydraulic
- Others
On the basis of mode of operation type, the global sdalon chairs market has been segmented as
- Automatic/ Semi-automatic
- Manual
On the basis of applications, the global salon chairs market has been segmented as
- Barber Shops
- Beauty Centers
- Others
On the basis of price range, the global Salon chairs market has been segmented as
- Premium
- Mass
On the basis of demographics, the global Salon chairs market has been segmented as
- Kids Salon Chair
- Regular Salon Chairs
- Elderly Salon Chairs
On the basis of distribution channel, the global salon chairs market has been segmented as
- Direct
- Indirect
- Wholesalers/Distributors
- Specialty Stores
- Independent Small Stores
- Online Sales Channel
- Others
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