Cosmetology and Barber Schools - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in offering training in barbering, hair styling, or the cosmetic arts, such as makeup or skin care. These schools provide job-specific certification.Source: U.S. Census Bureau
Cosmetology and Barber Schools Market Size
This report includes historical and forecasted market sizes and industry trends for Cosmetology and Barber Schools. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Cosmetology and Barber Schools industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Cosmetology and Barber Schools industry.
Geographic Breakdown by U.S. State
Cosmetology and Barber Schools market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Cosmetology and Barber Schools companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Cosmetology and Barber Schools |
|---|---|---|
| Small Business (< 5 Employees) | Included |
|
| Small Business (5 - 20) | ||
| Midsized Business (20 - 100) | ||
| Large Business (100 - 500) | ||
| Enterprise (> 500) | ||
Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" Cosmetology and Barber Schools company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
|
| Operating Revenue | ||
| Cost of Goods Sold (COGS) | ||
| Gross Profit | ||
| Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| Earnings Before Interest and Taxes (EBIT) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.| Financial Ratio | Industry Average |
|---|---|
| Profitability Ratios | Included |
| Profit Margin | |
| ROE | |
| ROA | |
| Liquidity Ratios | |
| Current Ratio | |
| Quick Ratio | |
| Activity Ratios | |
| Average Collection Period | |
| Asset Turnover Ratio | |
| Receivables Turnover Ratio | |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Cosmetology and Barber Schools industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|---|---|---|
| Industry total | Included |
|
| Occupational, tech, & trade; prof dev; & mngmt training prog | ||
| Training programs & courses - education | ||
| Other occupational, tech, & trade; prof dev; & mngmt training prog | ||
| Training prog/courses - all other pers, protective, & trans services | ||
| Personal care services, include fees for hair, nail, skin care | ||
| Training prog/courses - prof dev & mngmt training prog/courses | ||
| All other operating receipts | ||
| Resale of merchandise | ||
| Basic education & personal improvement programs & courses | ||
Compensation and Salary Surveys
Salary information for employees working in the Cosmetology and Barber Schools industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 9% |
Included |
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| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Business and Financial Operations Occupations | 6% | |||
| Education, Training, and Library Occupations | 47% | |||
| Postsecondary Teachers | 38% | |||
| Miscellaneous Postsecondary Teachers | 33% | |||
| Vocational Education Teachers, Postsecondary | 32% | |||
| Other Teachers and Instructors | 6% | |||
| Office and Administrative Support Occupations | 17% | |||
| Information and Record Clerks | 5% | |||
| Other Office and Administrative Support Workers | 5% | |||
Government Contracts
The federal government spent an annual total of $278,905 on the Cosmetology and Barber Schools industry. It has awarded 12 contracts to 4 companies, with an average value of $69,726 per company.Top Companies in Cosmetology and Barber Schools and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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