US Nail Industry Statistics
According to the most recent survey by the National Salon Association, there were nearly 190,000 nail salons in the US in 2016. If we assume that the number has grown by 5% per year since 2016, then there would be about 205,000 nail salons in the US by 2022.
The US nail industry market size is $42.8 billion. The revenue has significantly decreased compared to 2017. Vietnamese own 39% of the total nail industry. 80% of California nail manicurists are Vietnamese. There are 77,000 beauty salons in the United States with annual revenue of $20 billion.
Industry Trends and Market Growth
- The market size of the Hair Salons industry is $39.5 billion in 2021, with an expected growth rate of 28.7%.
- There are 338,452 Personal Waxing & Nail Salons businesses in the US as of 2021. New York City has around 11,000 salons.
Revenue Statistics and Business Insights
The nail salon industry showcased revenue of $23.1 billion in 2020. This figure accentuates the steady demand for services. It can aid stakeholders as they navigate strategic planning around this industry.
Strategies for Attracting Customers
Common methods to attract customers include advertising, discounts, loyalty programs, and word-of-mouth. Focus on generating leads, encouraging repeat customers, increasing the average sale value, and improving profit margins.
Nail Industry Overview
- There are between 126,300 and 212,519 nail salon workers in the US.
- California, New York, and Florida have the most Hair & Nail Salons businesses.
- The industry is labor-intensive, so wages are the highest cost.
Database Information and Consumer Advice
- This database has 43,115 nail salons in 14,806 US cities with addresses and phone numbers.
- Before visiting a salon, verify the technician’s license through your state cosmetology board.
- If you had issues at a listed salon, file a complaint through your state board.
Nail Industry Size and Global Market
- The nail salon market size was $10.1 billion in 2022 and is expected to grow at over 7.5% between 2023 and 2032, driven by demand for innovative skin care devices and professional beauty services.
- In 2021, the US had $8.4 billion in nail salon revenue, making it the top country globally. China had the second-largest market at $1.84 billion.
Demographics and Future Projections
- Approximately 40% of US nail technicians are Vietnamese women, with the highest density in California at 59-80%.
- The demand for nail technicians is expected to grow by 10% between 2016 and 2028.
Nail Tech Statistics and Industry Recovery
- There are over 439,000 nail techs in the US currently.
- The US nail salon industry reached $8 billion in revenue pre-pandemic.
- Although many salons closed temporarily, the sector is recovering as more people are vaccinated and shops reopen.
Beauty Salon Overview
According to the most recent survey, there were nearly 190,000 nail salons in the US in 2016. If this number has grown by 5% yearly since 2016, there would be around 205,000 nail salons in 2022. The industry is highly competitive, so you must stand out to succeed.
Nail Industry Comparisons and Future Trends
- The global artificial nails market is predicted to register a 4.5% growth rate from 2019 to 2024.
- Over the next 5 years in the US, key nail polish manufacturing industry trends will include competitive threats and opportunities, market size changes, and product and service developments.