Hair Care Today…$41B Tomorrow: The Growth of a Category
Hair care is a rapidly-growing category for multi-location brands. As part of our future-forward series, we’ll cover categories that are on the upswing in the MULO (multi-location) ecosystem, along with trends that will impact individual brands’ survival and growth. Intellectual capital has value, but what’s ON our heads can be as lucrative as what’s in […]
BOOM: Hair Care for Men…Beyond Shaves and Haircuts
Hair care post-pandemic is a rapidly-growing multi-location (MULO) category. As we reported recently, the industry was up 17 percent in 2022 and is expected to hit $41B by 2026. Women still spend more on hair care than men. They invest an average of $228 yearly on haircuts and $24 per month on hair products versus […]