Market Overview

In terms of value, Salon Management System market is anticipated to reach 474.60 US$ Mn by 2031 from 193.72 US$ Mn in 2022, registering the growth rate at 10.5 % during the forecast period.  

Surging demand for business automation among barber shops & beauty salons, message & spa centers, hospitality, etc. is anticipated to bolstering the growth of the market over the forecast period.

Salon management software are available in different forms. The software provide a wide range of features and services, such as assisting with payment processing, optimizing internet marketing suite, assisting with point of sale systems (POS), along with other crucial features.

This system allows users to manage their salon as well as arrange appointments for their customers online. In addition, users can also use this system to look up the top-rated salons in their locality.

Furthermore, some of the benefits of using a salon management system are that it increases salon efficiency and online reviews, improves profit through business insights, enhances productivity, and improves cash flow, among others, which in turn bolsters the market growth over the forecast period.

For instance, Salonist is one of the leading salon appointment scheduling and booking software, with a wide range of features for businesses of all sizes. This salon software has everything which is needed to increase revenue, reduce time, improve brand visibility, and making smart decisions in the salon industry.

Report Scope

Impact of COVID

The declaration of coronavirus as a global pandemic has given a huge blow to the Salon Management System market. All markets had come to a halt due to the closure of borders, suspension of public and private transportation, self-isolation, and quarantine administration in major cities.

The decision to self-isolate was shown to be effective in slowing the spread of the virus, giving optimism that humanity will be able to overcome this global calamity. Recovery of losses made by business owners and important players, on the other hand, may prove more difficult than anticipated. Lockdowns were imposed in cities, provinces, and countries. Businesses (including factories) were shuttered or operated at a reduced capacity.

The COVID-19 pandemic hit the salon industry exceptionally hard. Many small enterprises were forced to shut down. The success of a beauty business is determined by its customers.

Manufacturing supply chains were exceedingly effective prior to COVID-19, but they were concentrated. When the supply chain disruption started in China, numerous factories were shut down and restrictions on transportation were imposed.

Furthermore, with restrictions being lifted, the beauty industry slowly reopened for business. It was important to ensure that adequate safety measures were implemented at all levels to protect employees and clients alike.

Component Insights

System/Software segment is projected to create a total absolute $ opportunity of USD 265.9 Million between 2022 to 2031.

System/Software segment is expected to expand at CAGR of 10.7% during the forecast period. Services segment is projected to create a total absolute $ opportunity of USD 15.0 Million between 2022 to 2031. Services segment is expected to expand at CAGR of 7.9% during the forecast period.

Deployment Insights

Cloud segment is projected to create a total absolute $ opportunity of USD 196.2 Million between 2022 to 2031. Cloud segment is expected to expand at CAGR of 11.1% during the forecast period. On-premise segment is projected to create a total absolute $ opportunity of USD 84.6 Million between 2022 to 2031. On-premise segment is expected to expand at CAGR of 9.3% during the forecast period.

End User Insights

Barber Shops & Beauty Salons segment is projected to create a total absolute $ opportunity of USD 127.0 Million between 2022 to 2031. Barber Shops & Beauty Salons segment is expected to expand at CAGR 10.9% during the forecast period. Massage & Spa Centers segment is projected to create a total absolute $ opportunity of USD 109.7 Million between 2022 to 2031. Massage & Spa Centers segment is expected to expand at CAGR of 10.5% during the forecast period.

Hospitality segment is projected to create a total absolute $ opportunity of USD 18.9 Million between 2022 to 2031. Hospitality segment is expected to expand at CAGR of 9.8% during the forecast period. Fitness & Dance Facilities segment is projected to create a total absolute $ opportunity of USD 15.1 Million between 2022 to 2031. Fitness & Dance Facilities segment is expected to expand at CAGR of 10.0% during the forecast period.

Fitness & Dance Facilities segment is projected to create a total absolute $ opportunity of USD 15.1 Million between 2022 to 2031. Fitness & Dance Facilities segment is expected to expand at CAGR of 10.0% during the forecast period. Other (Clinic) segment is projected to create a total absolute $ opportunity of USD 10.3 Million between 2022 to 2031. Other (Clinic) segment is expected to expand at CAGR of 8.1% during the forecast period.

Regional Insights

North America segment is projected to create a total absolute $ opportunity of USD 114.2 Million between 2022 to 2031. North America segment is expected to expand at CAGR of 9.9% during the forecast period. Europe segment is projected to create a total absolute $ opportunity of USD 87.8 Million between 2022 to 2031. Europe segment is expected to expand at CAGR of 10.6% during the forecast period.

Asia Pacific segment is projected to create a total absolute $ opportunity of USD 64.1 Million between 2022 to 2031. Asia Pacific segment is expected to expand at CAGR of 12.3% during the forecast period. South America segment is projected to create a total absolute $ opportunity of USD 7.7 Million between 2022 to 2031. MEA segment is expected to expand at CAGR of 9.4% during the forecast period.

Competitive Analysis

Some of the major companies operating within the market are Rosy Salon Software , Millennium Systems International, MINDBODY, Inc., Phorest, EVERCOMMERCE, Kitomba, Insight Salon and Spa Software , Shrivra, Book4Time Inc., Hive Salon Software, DaySmart Software , Zenoti, Waffor Retail Solutions P Limited , Vagaro, Inc, Others.