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2015 Market Research Report on Nail Salons Industry

Date:2015-10-07

Current Research on the Nail Salons Industry

This section provides answers to the fundamental and commonly-asked questions about the industry:

1.     What is the total market size ($ millions)?

2.     Has the market grown or declined?

3.     What is the market growth rate?

4.     Are long term forecasts positive or negative?

5.     What is the industry size and average company size?

6.     How many companies are in the industry?

 

Market Size Statistics

The total U.S. market size for the Nail Salons industry: statistics cover all companies, both public and private. In addition to total revenue, the industry research provides details on employees, companies, and average firm size in the sector. Use this market information to research and analyze growth rates and the Nail Salons industry trends and market outlook based on quantitative research and economic data. 
 

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations. 
 

Statistics

2009        2010        2011        2012        2013        2014

Market Size
(Total Sales/Revenue)

 



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Total Firms

 

Total Employees

 

Average Revenue Per Firm

 

Average Employees Per Firm

 

Statistics Source: AnythingResearch Analysis of US Census and government market data


 

Market Forecast - Nail Salons[PREMIUM]

Market forecasts show the long term industry outlook & Nail Salons future growth trends. The following five-year forecast utilizes advanced econometric techniques that project both short-term and long-term market growth outlook. The industry outlook can be used to set a strategy applicable to economic realities. 

 
 

Forecast / Industry Outlook

2014

2015

2016

2017

2018

2019

Market Forecast ($ millions)

   

Source: AnythingResearch Economic Analysis 

 

Product & Services Breakdown

Research products and services in the Nail Salons industry generating sales. Note that products are broken into categories with different levels of classification. 
 

Product Description

Number of Companies

Sales ($ millions)

Percent of Total Sales

Industry Total

 

Nail Care Services

 

Nail Care Services - Manicure Services

 

Nail Care Services - Pedicure Services

 

Other Nail Care Services

 



 

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower market share than average.

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of an "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies. 
 

 

Industry Average

Percent of Sales

Total Revenue



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Operating Revenue

Cost of Goods Sold

 

Gross Profit

 


Operating Expenses

 

Pension, profit sharing plans, stock, annuity

 

Repairs

 

Rent paid on business property

 

Charitable Contributions

 

Depletion

 

Domestic production activities deduction

 

Advertising

 

Compensation of officers

 

Salaries and wages

 

Employee benefit programs

 

Taxes and Licenses

 

Bad Debts

 

Depreciation

 

Amortization

 

Other Operating Expenses

 

Total Operating Expenses

 

Operating Income

 

Non-Operating Income

 

EBIT (Earnings Before Interest and Taxes)

 

Interest Expense

 

Earnings Before Taxes

 

Income Tax

 

Net Profit

 

 

 

Source: AnythingResearch Analysis of U.S. federal statistics



 

Financial Ratio Analysis - Nail Salons

Financial ratio information can be used to compare how a company in the industry is performing relative to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation Ratios - Nail Salons

Industry Average

Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Nail Salons industry is performing.

Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.

 

Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).

 

Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Nail Salons measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

 

 

Liquidity Ratios - Nail Salons

Industry Average

Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.

Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.

 

Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

 

 

Efficiency Ratios - Key Performance Indicators

Industry Average

Measure how quickly products and services sell, and effectively collections policies are implemented.

Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.

 

Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover

 

Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.

 

Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

 



 

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages. 
 

Title

Percent of Workforce

Bottom Quartile

Average (Median) Salary

Upper Quartile

Management Occupations

1%



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Chief Executives

0%

General and Operations Managers

1%

Healthcare Support Occupations

6%

Personal Care and Service Occupations

74%

Hairdressers, Hairstylists, and Cosmetologists

52%

Manicurists and Pedicurists

9%

Sales and Related Occupations

6%

Office and Administrative Support Occupations

11%

Receptionists and Information Clerks

8%

Source: Bureau of Labor Statistics 

 

Companies in Nail Salons and Similar Industries[PREMIUM]

Nail Salons market research identifies top companies with the largest estimated market share. Information includes corporate earnings and public company ticker symbols where available. 
 

Company

Address

Revenue Estimate

[Included]

[Included] [Included]


 

Public Nail Salons Company News

Web scan for recent news about public companies. Nail Salons market research on key company news, and Nail Salons statistics. The market size analysis identifies the overall sales data within the industry.Statistics break down facts about companies within the market. 


 

Government Contracts Related to Nail Salons

In 2014, the federal government spent a total of $13,200 on Nail Salons. It has awarded 1 contracts to 1 companies, with an average value of $13,200 per company.    

Top government vendors:

Company

Federal Contracts

Total Award Amount

[Included] [Included] [Included]

 

Growth Opportunities / Competitive Threats

Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Nail Salons to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry. 

The following industries are competing channels for sales of similar products/services. 

Nail Care Services

Competing Industry

Sales Relative to Nail Salons

Opportunity/Threat

Hair, Nail & Skin Care Services

   

Beauty Salons

 

Competing industry


Sales from other industries of Nail Care Services are less than those from Nail Salons. This may mean that other channels are a competitive risk of increasing their Nail Care Services sales, taking market share from this industry.
Nail Care Services Product Sales Report




Nail Care Services - Manicure Services

Competing Industry

Sales Relative to Nail Salons

Opportunity/Threat

Hair, Nail & Skin Care Services

   

Beauty Salons

 

Competing industry


Sales from other industries of Nail Care Services - Manicure Services are less than those from Nail Salons. This may mean that other channels are a competitive risk of increasing their Nail Care Services - Manicure Services sales, taking market share from this industry.

                                                                                                                                            ( Abstracted from the http://www.anythingresearch.com )

TypeInfo: Industry news

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