The
report " Indian Beauty Salon and Spa Industry: Trends &
Opportunities (2012-2017) ", has been prepared based on an
in-depth market analysis with inputs from industry experts.
The beauty services consumption
in India has been increasing exponentially since last couple of
years. Consumers are becoming more aspiration driven which has led to
evolution of concept of grooming and beauty for both male and female
segment in order to enhance their appearances. The spa segment which
is a new entrant to the beauty and wellness industry has well
integrated itself. Consumers are ready to pay a premium to pamper
themselves with the spa services.
Rising affluence of middleclass
segment has upgraded their consumption lifestyle and increased their
willingness to buy beauty products and services. Beauty and spa
service providers have started expanding to Tier II and Tier III
cities as these markets provide similar potential as their metro
counterparts. Operational costs for service providers are also lower
in these comparatively smaller towns. Service providers have also
started exploring new venues for rejuvenation like airports and
hotels. These spas offer 15 or 30-minute dry foot massage, shoulder
and back massage, etc. Burgeoning wellness tourism which is supported
by Ministry of Tourism has also boosted the industry.
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The beauty services and spa
industry of India has been witnessing increased number of
international players. The market which was earlier women centric has
started concentrating on male grooming and is coming up with large
numbers of unisex salons. Existing players in the market are adopting
franchisee route for expansion. The growth showcased by the industry
has also caught the interest of private-equity and venture-capital
investors who are funding expansion plans of businesses in the
segment.
The beauty salon and spa
industry like any other industry faces certain challenges. Some of
these challenges that are plaguing growth potential are lack of
skilled manpower, organized training institutes, increased
operational costs, etc. These challenges have been discussed in
detail in the report and analyst recommendations have also been
included.
The report gives an in-depth
analysis of the Indian beauty salon and spa industry. It also
assesses the key opportunities in the industry and analyzes the
external macroeconomic condition for effective working of business by
using PEST analysis. It discusses current and expected growth
drivers for the industry in the forecasted period (2012-17). Further,
key players of the industry have been profiled and growth of the
industry has been predicted taking into consideration the previous
growth patterns, the growth drivers and the current and future
trends.
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Table of Contents
1. Executive Summary
2. Indian Wellness Industry
2.1 Industry Structure
2.2. Market Size
2.3. Indian Wellness Products
Industry
2.4. Indian Wellness Services
Industry
3. Indian Hair and Beauty Salon
Industry
3.1. Market Size
3.2. Market Trends
3.2.1. Growth in Unisex Salons
3.2.2. Entry of International
Players
3.2.3. Preference of Franchisee
Model
3.2.4. Raising Private Equity
Funds for Expansion
3.2.5. Rise in Demand of
Store-in-Store Salons
4. Indian Spa Market
4.1. Market Size
4.2. Market Trends
4.2.1. Entry of International
Players
4.2.2. Rejuvenation Space at
Malls and Airports
4.2.3. Burgeoning Wellness
Tourism
4.2.4. Private Equity
Transactions
5. Drivers & Challenges
5.1. Drivers
5.2. Challenges
6. Indian Beauty Salon &
Spa Market: PEST Analysis
7. Competitive Landscape
7.1. Wellness Industry
7.2. Hair & Beauty Salon
Industry
7.2.1. Lakme Beauty Salons
7.2.2. Jawed Habib Hair &
Beauty
7.2.3. L’oreal Professionnel
Salons
7.3. Spa Industry
7.3.1. The Four Fountains Spa
7.3.2. Birla Pacific Medspa
Limited
7.3.3. Floriana Group (Chandan
Sparsh)
7.3.4. Ananda Spa
8. Recommendations
9. About Us
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