Barbershop Franchises : Get your cut of the high paying industryNathan Bissitt
We regularly like to keep our style in check that’s why barbershop franchises are becoming a very popular option in the health & beauty sector for anyone looking to enter the franchising world. In this short article we will list a few statistics collected in the previous years to give you an idea around the barbershop industry and where its going.
Barbershop industry statistics
Below we will list some statistics which were collected in the UK in previous years to give you an idea around the barbershop industries customer base. And the growth the health & beauty sector has seen that is ever expanding year on year.
Did you know?
- Its a service that people need regularly. Did you know the average male gets a new haircut every 5.8 weeks after their old one. This shows that its a service you will not just get customers they will keep coming on going every time they need a new style or trim.
- The industry is on an all time high. Did you know over 10,000 beauty salons / barbershops opened in the UK between 2016 and 2017 which is on an all time high.
- The industry is growing. Did you know the hair salon / beauty industry reached up to a whopping 404.6 million British pounds in 2019.
- Its provides good opportunities for young people. Did you know the barbershop industry in the UK hired approximately 62 thousand people back in 2018.
What do these statistics show for the barbershop industry?
Overall these statistics show that the barbershop industry is huge in the UK. Also these statistics show most importantly the industry is growing and has a very bright future ahead of it. We hope these statistics have helped you get a better understanding around the barbershop industry in the UK. Since upon purchasing a franchise opportunity its always best to do market research before any business decision you make in life.
We hope the statistics have helped you understand the bright future the barbershop industry is seeing. Also if you are not convinced around buying a barbershop franchise. But are looking to run a business in the health & beauty sector. I highly recommend you have a good look through our health & beauty franchises category. To find the right opportunity for you at Franchiseek.
Sources : Franchiseek