The Professional Beauty Association (PBA) released the results of its semi-annual Market Shipment Study of the professional hair product category. The 2010 year-end study reports that overall, the hair care market experienced positive year-over-year growth of 2.35 percent from 2009 to 2010. This growth is based on total hair care product shipments of $1.9 billion.
PBA’s Market Shipment Study is based on an anonymous survey tabulated by an independent firm and includes the results from some of the largest professional hair care manufacturers in the world. Not only are the results from the year-end 2010 PBA Market Shipment Study a positive for the beauty industry, they are further proof of an economic rebound and a return of consumer confidence.
Highlights from the year-end 2010 PBA Market Shipment Study include:
*Total hair color shipments increased by 6.3 percent from 2009 to 2010 *Total hair care shipments increased by 3.2 percent in the same period *Smoothing/straightening category increased shipments by 3.0 percent
PBA’s semi-annual Market Shipment Study tracks overall market shipments of professional hair care products in the hair color, hair care, styling, texturizing, and other product categories and sub-categories. The survey is produced twice a year and provided complimentary to firms that participate in the study, $500 for non-participating manufacturers, and $1,500 for other members of PBA. The survey is not made available to non-PBA members. The importance of the annual PBA Market Shipment Study, and access to it, is one of the key reasons hair care manufactures, in particular, invest in PBA membership. To access the most recent PBA Market Shipment Study, as well as the array of research and reports PBA produces, visit www.probeauty.org/research.
It seems many salon and spa owners were more than ready to kick 2017 to the curb. Some of our Salon Today 200 honorees talk about why 2017 was such a tough year, and how that makes capturing an honor in 2018 so very sweet.
On the 12th Day of the 12 Days of the Salon Today 200, we wrap it all up with the second half of the 2018 honorees in Growth. These salons and spas worked hard to realize gross sales growth of 10.41% and above between 2015 and 2016. Meet these great salons!
On the 11th Day of the Salon Today 200, we celebrate the first half of the 2018 honorees in Growth. These salons and spas have learned to master a number of best business practices to continually grow their service and retail dollars.
On the 10th day of the 12 Days of the Salon Today 200, we celebrate the salons and spas that know a new client is silver, while a retained one is gold. These salons diligently developed programs to drive prebooking rates, referrals and retention.
On the 8th day of the 12 Days of the Salon Today 200, we celebrate the salons and spas who rally around retail, creating beautiful displays and enticing promotions, as well as answering clients' needs with education and recommendations.
On the 7th day of the 12 Days of the Salon Today 200, we celebrate the salons and spas who know inventory management is the supreme balancing act. Keep too much stock and their cash is tied up in the stockroom, keep too little and they miss valuable sales. Meet the 2018 honorees in Inventory Management.
On the 6th day of the Salon Today 200, we celebrate the salons and spas who lead with the heart, searching their communities for causes where their talent, time and money make the most positive change. Meet the ST200 honorees in the category of Philanthropy.
Meet the 2018 Salon Today 200 honorees in Employee Education. These salons constantly develop systems to strengthen the skills and confidence of their new team members, while encouraging and supporting their seasoned staff to continually stretch creatively.
On Day 4 of the 12 Days of the Salon Today 200, we introduce you to the savvy honorees in the Technology category. They've learned to leverage a variety of evolving technologies to reach their full potential and keep all salon systems running strong.
It's day 3 of the 12 Days of the Salon Today 200 and time to meet the superstars in customer service. These salons have mastered the art of elevating the salon and spa experience, which solidifies client loyalty and propels growth.