Pell ResearchPersonal and Laundry Services Sector > Personal Care Services Industry

Personal Care Services Industry: Statistics, Market Size, Forecast

Personal Care Services - Market Size and Industry Forecast

The 2021 Personal Care Services Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2016 to 2026 reflect industry trends and growth patterns. Revenues include both public and private companies in the personal care services industry.

HistoricalForecasted
20162017201820192020202120222023202420252026
Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Revenue Forecast
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Personal Care Services - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Personal Care Services companies in the United States.

Personal Care Services Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesPersonal Care Services
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Personal Care Services - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Personal Care Services - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Personal Care Services - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Hair care services
Hair care services - hair cut services
Hair care services - hair coloring & tinting
Resale of merchandise
Nail care services
Tattoo & body modification services
Tattoo & body modification services - tanning services
Hair care services - hair styling services
Weight loss services

Personal Care Services - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations1%

Chief Executives0%
General and Operations Managers1%
Healthcare Support Occupations8%
Other Healthcare Support Occupations8%
Massage Therapists7%
Massage Therapists7%
Personal Care and Service Occupations73%
Personal Appearance Workers68%
Barbers, Hairdressers, Hairstylists and Cosmetologists47%
Hairdressers, Hairstylists, and Cosmetologists45%
Miscellaneous Personal Appearance Workers20%
Manicurists and Pedicurists14%
Office and Administrative Support Occupations12%
Information and Record Clerks10%
Receptionists and Information Clerks9%
Receptionists and Information Clerks9%

Government Contracts

In the past, the federal government spent an annual total of $794,774 on the personal care services industry. It has awarded 60 contracts to 23 companies, with an average value of $34,555 per company.

Personal Care Services and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)





Personal Care Services Industry Report
GeographyUnited States  
Publication DateOctober 2021
Report FormatPDF Download  
Price

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