Beauty Care Market

The recession challenged the industry, with consumers cutting back on discretionary purchases like manicures and hair services. With the economy on the mend, salons will experience growth again, aided by a rise in disposable income and consumer sentiment. Hair and nail salons can benefit by taking advantage of growing interest in eco-friendly products and abiding by new regulations The Hair and Nail Salons industry has a low level of capital intensity. This is similar to other personal service industries, which are labor-intensive. In 2012, for every $1 spent on wages, operators will typically require an estimated $0.04 of capital investment. As a personal service industry, the industry relies heavily on labor, and there are not many opportunities for increased mechanization. Capital intensity declined over the past five years, when $0.05 of capital investment was required for every $1 spent on labor. The change has mainly occurred because companies decreased their capital expenditures during the recession to cut operating costs.

Beauty Care  Market

Beauty Care Market

Beauty Care Market

Beauty Care Market

Beauty Care Market

Beauty Care Market

Beauty Care Market

Beauty Care Market

Beauty Care Market

Beauty Care Market

Beauty Care Market

Beauty Care Market

Beauty Care Market

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