By the End of 2032, the Salon Chair Market is Expected to Surpass US$ 15.4 Billion | FMI

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.