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Professional Beauty Services Market Size

  • Report ID: GMI5588
  • Published Date: Sep 2023
  • Report Format: PDF

Professional Beauty Services Market Size

Professional Beauty Services Market size was valued at USD 213.9 billion in 2022 and is projected to register a CAGR of over 5% between 2023 and 2032. The rising awareness of beauty, coupled with a growing desire for self-care & grooming, has been a significant factor driving the market growth.


Consumers are placing a premium on personal appearance and overall well-being, thereby fueling the demand for expert services such as spa treatments, skincare, haircare, and makeup application. This trend is fostering innovations & growth in the beauty industry as individuals seek professional expertise to enhance their physical & emotional well-being.


The growing consumer concern about aging and damaged skin is the key factor driving the market progress. As individuals seek effective solutions to address skin issues and maintain a youthful appearance, they increasingly turn to professionals for treatments such as facials, chemical peels, and non-invasive cosmetic procedures. This trend is bolstering the demand for expert skincare services and promoting innovations in the beauty industry as consumers prioritize skin health and rejuvenation.


Rising operating costs pose a significant pitfall for businesses in the European market. Operating costs, encompassing a wide range of expenditures including rent, utilities, product procurement, and wages, can exert substantial pressure on the financial sustainability of beauty service providers. The primary challenge associated with escalating operating costs is the potential reduction in profit margins. As these costs increase, businesses will find it challenging to maintain profitability, especially if they are unable to pass on the added expenses to customers through higher prices.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The professional beauty services industry value was USD 213.9 billion in 2022 and is projected to register over 5% CAGR between 2023 and 2032.

The skin care segment held around 35% market share in 2022 and will grow by 2032 owing to the introduction of new skincare products and consumer focus on maintaining skin health.

North America professional beauty services market accounted for a major share of over 32% in 2022 and is expected to grow by 2032 owing to the large consumer base and robust economic stance of the populace.

Drybar, Fantastic Sams, Gina Conway Salons & Spa, Lakme Salon, L'Oréal Professional, Regis Corporation, Seva Beauty, Sport Clips, The Lash Lounge, Toni & Guy, Trevor Sorbie.

Professional Beauty Services Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 180
  • Countries covered: 19
  • Pages: 210
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