Consumer Goods

Salon Chairs Market is Projected to Reach USD 23.04 Billion by 2030

Jun 2024

Consumer Goods

As per the report published by Kings Research, the global Salon Chairs Market was valued at USD 13.78 billion in 2022 and is projected to reach USD 23.04 billion by 2030, growing at a CAGR of 6.78% from 2023 to 2030.

The salon chairs market is projected to experience significant shifts in the coming years, with a strong emphasis on innovation, sustainability, and technology integration. These trends indicate a growing demand for salon chair designs that combine functionality and aesthetic appeal to enhance the overall customer experience. The rise of smart salon chairs, equipped with touchscreens, wireless charging capabilities, and app-controlled settings, is expected to gain popularity in the near future, offering a more immersive salon experience.

Sustainability, a prevailing concern, is driving market trends, leading consumers to seek salon chairs made from eco-friendly materials and supporting brands that prioritize sustainability. In response, manufacturers are working on developing recyclable and energy-efficient salon chairs to meet this growing demand. Furthermore, there is a surge in demand for versatile salon chairs that can cater to various salon applications, ranging from hair styling and coloring to nail treatments and pedicures. This versatility aligns with the growing trend of salons diversifying their services to attract a wider customer base.

Key Insights

  • Based on chair type, the styling chair segment is anticipated to hold the highest CAGR of 7.93% over the forecast period
  • Based on mechanism, the hydraulic segment generated the highest revenue of USD 8.11 billion in 2022
  • Based on distribution channel, the offline segment held the largest market share of 73.89% in 2022
  • On the basis of region, Asia Pacific is expected to witness significant growth, depicting a CAGR of 8.33% over 2023-2030

Rising Demand for Premium Salon Experiences to Boost Market Growth

The increasing demand for premium salon experiences is a significant driver supporting the global salon chairs market expansion. As consumers increasingly demand more luxurious and personalized services, salons are responding by upgrading their equipment, including salon chairs, to meet these expectations. Premium salon chairs boast advanced features such as adjustable reclining positions, massage functionality, and high-quality materials, all of which contribute to enhanced customer comfort and satisfaction. This growing preference for premium services is prompting salons to make investments in modern and visually appealing salon chairs, consequently fueling market growth.

Smart salon chairs have gained significant importance in the salon industry due to their numerous benefits and features. These technologically advanced chairs offer enhanced comfort and convenience to clients, allowing them to have a more personalized and enjoyable salon experience. Smart salon chairs often come with adjustable settings, such as reclining positions and massage functionality, which can be customized to meet individual preferences.

High Initial Investment Costs to Hamper Market Growth

The high initial investment costs for salon owners are projected to hinder market growth. Businesses operating in the salon industry often face a significant hurdle when it comes to acquiring high-quality salon chairs that boast advanced features and ergonomic designs. This challenge is particularly pronounced for small and independent salon owners, who may find it difficult to afford the substantial upfront costs associated with these top-tier chairs. Consequently, this financial barrier serves as a deterrent for salon owners, preventing them from upgrading their current chairs or investing in premium models. As a result, the growth potential within certain segments of the market becomes limited. To overcome this challenge, manufacturers and suppliers must consider providing financing options or offering more affordable alternatives to cater to a broader range of salon owners' budgets.

Asia Pacific Emerges as the Fastest-Growing Region Due to Rapid Urbanization

Asia-Pacific boasts a burgeoning middle class and a rapidly expanding urban population, resulting in increased disposable incomes and a growing demand for beauty and wellness services. As individuals in countries such as China, India, South Korea, and Japan become increasingly beauty-conscious and influenced by global beauty trends, the demand for salon services, and, consequently, salon chairs, continues to surge.

Additionally, the adoption of advanced technologies in salons is on the rise in Asia-Pacific, with smart salon chairs and digitalized booking systems becoming increasingly popular. This technological integration enhances the salon experience and attracts tech-savvy customers. Furthermore, Asia-Pacific provides ample growth opportunities for salon chair manufacturers and suppliers.

Market Players Concentrate on Innovative Product Innovation to Drive Market Development

The global salon chairs market is fragmented with key players such as TAKARA BELMONT, Kaemark Inc., Belava, Marc Salon Furniture, Belvedere, REM UK LTD, Foshan Yoocell  Furniture Co., Ltd., PIBBS Industries, Veeco Salon Furniture + Design, and Collins. Companies employ a variety of strategic measures such as acquisitions, mergers, partnerships, product introductions, and collaborations to expand their business globally and enhance their competitive position.

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