Growth of entertainment and fashion industry has encouraged people to spend more on grooming which in turn has led to increasing number of independent salon chains across the worldwide. Thus, salon chairs continues to witness lucrative opportunities across the globe.
Moreover, increasing number of salons opting for electric reclining salon chairs is proving new growth opportunity to the salon chairs market. This factors is encouraging manufacturers for product innovation and adding features in the salon chairs such as automatic water spray, automatic reclining and other features.
The trending convergence of all-purpose salon chairs, which have more adoption rate, is further anticipated to create remunerative growth opportunities for the salon chairs market. On the other hand, increasing popularity of wellness and beauty sector is positively impacting the salon chairs manufacturing sectors, creating demand for electric and hydraulic salon chair.
Furthermore, antique and vintage salon chairs have their own importance. Premium salons are in sure of using them for providing unique experience to their customers. On back of these factors global salon chairs market is expected to witness a significant growth during the forecast period.
Global Salon Chairs Market: Market Dynamics
Drivers for Salon Chairs Market
Increasing purchasing power in developing countries such as Thailand, Brazil, India, China and others allows the consumers to spend more on their grooming which in turn is increasing number of salons across the world. This factor drives the sales of salon chairs. Increasing number of salon in the developing countries due opening of new malls, and shopping complex is expected to drive growth of the salon chairs market. Increasing number franchises salons across the world is significantly boosting sales of salon chairs in terms of volume around the globe. Moreover, an increase in urbanization, disposable income and e-commerce penetration are expected to fuel growth of the salon chairs market in Latin America, South Asia and East Asia.
Trends for Salon Chairs market
Salons are increasing adoption of the electric reclining salon chairs for their ease in use. Furthermore, luxury salon are increasing adoption of the automated salon chairs to attract customers. Salon owners in the regions including North America and Europe are engaged using demographics specific salon chairs such as elderly salon chairs for old people, kid salon chairs for children and normal salon chairs for rest demographics.
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.
Global Salon Chairs Market: Market Segmentation
On the basis of product type the global salon chairs market has been segmented as