Anticipated to maintain a steady growth trajectory, the Salon Chairs Market is expected to sustain a moderate Compound Annual Growth Rate (CAGR) of 5.3% throughout the forecast period. Projections suggest that the global market is poised to witness substantial expansion, with an estimated revenue of USD 9.2 billion in 2022, projected to surpass USD 15.4 billion by the conclusion of 2032. These forecasts highlight the robust demand for salon chairs worldwide, driven by factors such as the burgeoning salon industry, evolving consumer preferences, and innovations in salon furniture design and technology.
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.
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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.
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.
Growth Drivers:
- Beauty Industry Expansion: The continual growth of the beauty industry, including hair salons, spas, and barbershops, fuels the demand for salon chairs.
- Technological Advancements: Integration of advanced features such as massage capabilities, adjustable settings, and ergonomic designs enhances the appeal of salon chairs, driving consumer demand.
- Rising Disposable Income: Increasing disposable income levels worldwide enable consumers to spend more on grooming and personal care services, thereby boosting the demand for salon furniture like chairs.
- Changing Consumer Preferences: Growing preference for luxurious and comfortable salon experiences among consumers increases the demand for high-quality, aesthetically pleasing salon chairs.
- Urbanization and Population Growth: Rapid urbanization and population growth, particularly in emerging economies, lead to the establishment of more salons and spas, driving the demand for salon equipment including chairs.
- Health and Wellness Trends: The growing emphasis on health and wellness encourages salon owners to invest in ergonomic chairs that provide comfort and support during lengthy beauty treatments.
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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.
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.
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. `
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