There is good news for the spa industry. According to the new 2011 Professional Salon Industry Haircare Study from Professional Consultants & Resources, total revenues for all spa industry services (hair, skin, and nails) and salon retail grew at a 4.2 percent in 2011 to $72.41 billion. The total U.S. salon haircare market segment (services and retail) measured $61.32 billion and grew at about 3.5 percent. Today, there are nearly 280,000 salons and barbershops in the U.S. “The state of our industry is strong,” says Cyrus Bulsara, president of Professional Consultants & Resources. “Economic recovery, looser credit, and higher disposable incomes all combined to increase salon visits and frequencies for services.” To view the entire study, visit www.proconsultants.us.
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