May 7, 2020   SOURCE: PR NewsWire

The Personal Care Services Industry & COVID-19 - Set to Experience a Low CAGR of 1% During 2019-2020, and Recover to a Moderate 8% During 2021-2023

DUBLIN, May 7, 2020 /PRNewswire/ -- The "Personal Care Services Market Report 2020-2030: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.

https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

The global personal care services market is expected to grow from $344.4 billion in 2019 to $347.5 billion in 2020 at a compound annual growth rate (CAGR) of 1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $430.6 billion in 2023.

North America was the largest region in the global personal care services market, accounting for 34% of the market in 2019. Asia-Pacific was the second largest region accounting for 33% of the global personal care services market. Africa was the smallest region in the global personal care services market.

Beauty salons are using organic products to cater to the need of customers demanding the use of safer personal care products. Organic products are prepared using natural and organic ingredients without the use of harmful chemicals. Using locally-sourced raw materials makes organic products more accessible and affordable. Some of the organic products being utilized by hair salons include organic hair oil, hair spray, shampoos, hair gels, hair colors, dyes and other hair styling products.

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider personal care services market, and compares it with other markets.

Key Topics Covered

1. Executive Summary

2. Report Structure

3. Personal Care Services Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Personal Care Services Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Personal Care Services Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Personal Care Services Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Personal Care Services Market Trends And Strategies

8. Personal Care Services Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market

9. Personal Care Services Market Regional Analysis
9.1. Global Personal Care Services Market, 2019, By Region, Value ($ Billion)
9.2. Global Personal Care Services Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
9.3. Global Personal Care Services Market, Growth And Market Share Comparison, By Region

10. Personal Care Services Market Segmentation
10.1. Global Personal Care Services Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    --  Beauty Salons
    --  Diet And Weight Reducing Centers
    --  Spas & Massage
    --  Other Personal Care Services

11. Personal Care Services Market Segments
11.1. Global Beauty Salons Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion) - Hair Salons; Body Beauty Salons; Nail Salons
11.2. Global Diet And Weight Reducing Centers Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion) - Fitness Centers; Slimming Centers; Consulting Services; Online Weight Loss Programs; Others
11.3. Global Spas & Massage Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion) - Salon Spa; Hotel Spa; Destination Spa; Medical Spa; Mineral/ Thermal Spa; Others(Airport Spa And Cruise Spa)
11.4. Global Other Personal Care Services Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion) - Tattoo Parlors; Hair Replacement Services; Other Services

12. Personal Care Services Market Metrics
12.1. Personal Care Services Market Size, Percentage Of GDP, 2015-2023, Global
12.2. Per Capita Average Personal Care Services Market Expenditure, 2015-2023, Global

Companies Mentioned 

    --  Services Corporation International
    --  Sears Holdings
    --  Best Buy
    --  Regis Corporation
    --  Weight Watchers International Inc.

For more information about this report visit https://www.researchandmarkets.com/r/9pjkdo

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/the-personal-care-services-industry--covid-19---set-to-experience-a-low-cagr-of-1-during-2019-2020-and-recover-to-a-moderate-8-during-2021-2023-301054937.html

SOURCE Research and Markets