Personal Care Services Global Market to Reach $654.51 Billion by 2026 at a CAGR of 12.4% – QNT Press Release


DUBLIN, Aug. 19, 2022 /PRNewswire/ — The “Personal Care Services Global Market Report 2022 by Type, Category, Distribution Channel” report has been added to ResearchAndMarkets.com’s offering.

The global personal care services market is expected to grow from $341.21 billion in 2021 to $409.38 billion in 2022 at a compound annual growth rate (CAGR) of 20.0%. The market is expected to reach $654.51 billion in 2026 at a CAGR of 12.4%.

The main types of personal care services are beauty salons, diet and weight reducing centers, spas & massage and other personal care services. A beauty salon, sometimes known as a beauty parlour, is a place where men and women can have aesthetic treatments. The different categories include mass, premium and is distributed through various channels such as specialist retail stores, supermarkets/hypermarkets, convenience stores, pharmacies/drug stores, online retail channels, others.

Population aging will be a driver of the personal care services market going forward. During 2018-2022, the number of people over 65 is expected to increase from approximately 550 to 650 million globally, an increase of 18% according to the Population Reference Bureau. The increasing size of geriatric population coupled with an increasing focus on healthy lifestyles among the geriatric population will increase the demand for personal care services such spa and massage services, driving the market

Beauty salons are using organic products to cater to…

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