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2018 Market Analysis & Industry Outlook: Cosmetology & Barber Schools


Overview of the U.S. Cosmetology & Barber Schools Industry

This section provides answers to key questions about the industry:
  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Cosmetology & Barber Schools: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast[PREMIUM]

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Cosmetology & Barber Schools industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Basic Education & Personal Improvement Programs & Courses (Include Tuition For Literacy Programs, Ged, Second Language Programs,

Occupational, Technical, And Trade; Professional Development; And Management Training Programs And Courses

Training Programs - Education (Include Training In Instructional Techniques And Professional Development For Educators.)

Training Programs - Other Occupational, Technical And Trade; Professional Development; And Management Training Programs And Cour

Higher Academic, Career/Technical, And Advanced Research Qualification Programs And Credit Courses

Personal Care Services (Include Fees For Hair, Nail, Skin Care.)

Resale Of Merchandise



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 industry market share than average.

U.S. map of Cosmetology & Barber Schools by state

Income Statement (Average Financial Metrics)

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

Industry AveragePercent of Sales
(Industry Benchmark)
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

Financial ratio information can be used to benchmark how a Cosmetology & Barber Schools company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry 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 Cosmetology & Barber Schools 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 Cosmetology & Barber Schools measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry 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 IndicatorsIndustry 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.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 7%

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Chief Executives0%
General and Operations Managers1%
Education, Training, and Library Occupations 66%
Postsecondary Teachers 53%
Health Teachers, Postsecondary 7%
Nursing Instructors and Teachers, Postsecondary 5%
Miscellaneous Postsecondary Teachers 37%
Vocational Education Teachers, Postsecondary 33%
Other Teachers and Instructors 8%
Office and Administrative Support Occupations 11%
Source: Bureau of Labor Statistics


Cosmetology & Barber Schools Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate









Innovation News

  • Anaphora raises $3 million in funding. - 05/10/2012




  • Top Innovators

    CompanyInnovation Score
    Pure Aesthetics
    Transformed Barber & Cosmetology Academy

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Why men grow their facial hair on holidays - Barber Paul Bartolo says at this time of year ... His holiday beard is an annual tradition, he shaves just before school holidays kick off. He sports a beard year-round but makes a point of entering the holiday season with a fresh face before letting ... (01/10/2018)
    • Are Ohio’s licensing rules out of whack? - Private cosmetology school for one year can cost as much as $28,000 ... In the past, a government license for a barber or pest control service was like a stamp of approval that the individual was well trained and could be trusted to do a good job. (01/06/2018)
    • Local barber academy goes beyond the average barber school, giving back to the community. - At least five cosmetology schools offer training in the Tri-Cities. But a barber college? That’s a little harder to come by. There’s only one barber college within a 90-mile radius, and it sits just north of downtown Johnson City at 809 N. Roan St. The ... (01/06/2018)
    • Fort Lauderdale transgender woman overcomes obstacles to chase dream - Beauty is Lala Diior’s passion ... purple lipstick and made sure her hair was just right as she waited to catch a bus to go to school at the Florida Barber College. “I love doing makeup, I love doing hair,” she said. But it might be difficult ... (01/01/2018)
    • After a half-century, Portland barber ends ‘a wonderful run’ with a grateful clientele - He attended Hanson’s Barber School in Lewiston and took to it right away. A few years later, he studied cosmetology so he could cut women’s hair, too. It was a skill and a service that jibed with a knack for taking care of others. “I’ve always been ... (12/31/2017)
    • A Good Head for Business: New England School of Hair Design Has New Owners - where he relocated the school from Claremont in 1985.) “I had the key employee to whom I had passed along what I knew and she knows the business inside and out.” Trottier, a former board member of the New Hampshire Board of Barbering, Cosmetology, and ... (12/19/2017)
    • Baker cosmetology, barber school owner facing federal theft charges - The owner of a Baker beauty and barbering school stole more than $100,000 in financial aid funds by misrepresenting that some students were enrolled in Pell Grant-approved instructional programs when she knew the programs didn't qualify for the ... (09/08/2016)
    • Regulations for barbers? - Additionally, there is no continuing education or training required for barbers. However, cosmetologists, which is the second largest licensed profession in the state, are regulated by the Alabama Board of Cosmetology, which conducts regular inspection and ... (04/19/2012)


    Government Contracts

    In 2016, the federal government spent a total of $278,905 on Cosmetology & Barber Schools. It has awarded 12 contracts to 4 companies, with an average value of $69,726 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount



    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 Cosmetology & Barber Schools 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.

    Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog
    Competing IndustrySales Relative to Cosmetology & Barber SchoolsOpportunity/Threat
    Computer & IT Training & Certification
    Flight Training
    Professional & Management Development Training Competing industry
    Business & Secretarial Schools Competing industry
    Vocational Schools & Occupational Training Competing industry

    Sales from other industries of Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog are less than those from Cosmetology & Barber Schools. This may mean that other channels are a competitive risk of increasing their Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog sales, taking market share from this industry.
    Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog Product Sales Report



    Training Programs & Courses - Education
    Competing IndustrySales Relative to Cosmetology & Barber SchoolsOpportunity/Threat
    Computer & IT Training & Certification Competing industry
    Professional & Management Development Training Competing industry
    Apprenticeship Training Competing industry
    Flight Training Competing industry
    Business & Secretarial Schools Competing industry

    Sales from other industries of Training Programs & Courses - Education are less than those from Cosmetology & Barber Schools. This may mean that other channels are a competitive risk of increasing their Training Programs & Courses - Education sales, taking market share from this industry.
    Training Programs & Courses - Education Product Sales Report



    Training Prog/Courses - Prof Dev & Mngmt Training Prog/Courses
    Training Prog/Courses - Prof Dev & Mngmt Training Prog/Courses Product Sales Report



    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Beauty schools, Barber colleges, Schools, cosmetology, barber, Manicure and pedicure schools, Colleges, barber and beauty, Cosmetology schools, beauty, etc.



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