Mobile Barber Shop Market Size to Grow by USD 1.11 Bn, 45% of Market Growth to Originate from APAC - Technavio

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Oct 24, 2022, 11:45 ET

NEW YORK, Oct. 24, 2022 /PRNewswire/ -- The mobile barber shop market size is expected to grow by USD 1.11 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 11.06% during the forecast period, according to Technavio. The market has been segmented by service (haircut and styling service and others) and geography (APAC, North America, Europe, South America, and the Middle East and Africa).

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Technavio has announced its latest market research report titled Global Mobile Barber Shop Market 2022-2026

Mobile Barber Shop Market: Segmentation Analysis

By geography, APAC is expected to lead the mobile barber shop market during the forecast period and will account for 45% of the market's growth. This growth is attributed to factors such as growing fashion consciousness, rising awareness about the benefits of premium and organic personal care products, growing urbanization, and expanding millennial population base in the region. Moreover, market growth in this region will be faster than the growth of the market in other regions. China and Japan are the key countries for the mobile barber shop market in APAC.

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By service, the haircut and styling segment will be a significant contributor to market growth during the forecast period. The high demand for hair styling is attributed to factors such as the increasing use of organic hair styling products, the rising number of grooming and styling trends, and the introduction of several new types of hair colorants and styling products. Such factors will contribute to the growth of the segment during the forecast period.

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Mobile Barber Shop Market: Driver and Trend

The growing adoption of home salon services is driving the mobile barber shop market growth. Personalized home barber services are gaining popularity in regions such as North America, Europe, and APAC. The number of app-based barber service providers, which provide at-home grooming services, has increased over the last few years. Several service providers offer hair grooming packages, such as monthly grooming packages, to increase the frequency of services. Therefore, such services are expected to propel the growth of the market during the forecast period.

The rising trend of hair coloring is a trend in the market. Organic and synthetic hair colors are becoming popular in the market. The use of organic elements in hair coloring products has several advantages, which is attracting many customers. There is a high demand for hair colors made from vegan and organic materials. The rising popularity of various hairstyles and hair colors has also increased the demand for hair styling and hair coloring. Hence, the trend of hair coloring is expected to support the growth of the market during the forecast period.

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Mobile Barber Shop Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 11.06%
Market growth 2022-2026	USD 1.11 billion
Market structure	Concentrated
YoY growth (%)	10.36
Regional analysis	APAC, North America, Europe, South America, and the Middle East and Africa
Performing market contribution	APAC at 45%
Key consumer countries	US, China, Japan, Germany, and Brazil
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Key companies profiled	Decarate LLC, Dribbble Holdings Ltd., Groupon Inc., Mks Milagro Salon, Nextdoor Holding Inc., Trim IT services Ltd., and Yelp Inc.
Market dynamics	Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Consumer Discretionary Market Reports

Table of Contents

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Service

5.1 Market segments

Exhibit 24: Chart on Service - Market share 2021-2026 (%)
Exhibit 25: Data Table on Service - Market share 2021-2026 (%)

5.2 Comparison by Service

Exhibit 26: Chart on Comparison by Service
Exhibit 27: Data Table on Comparison by Service

5.3 Haircut and styling service - Market size and forecast 2021-2026

Exhibit 28: Chart on Haircut and styling service - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Haircut and styling service - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Haircut and styling service - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Haircut and styling service - Year-over-year growth 2021-2026 (%)

5.4 Others - Market size and forecast 2021-2026

Exhibit 32: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Service

Exhibit 36: Market opportunity by Service ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026

Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026

Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 Europe - Market size and forecast 2021-2026

Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 Japan - Market size and forecast 2021-2026

Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.11 Germany - Market size and forecast 2021-2026

Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.12 Brazil - Market size and forecast 2021-2026

Exhibit 78: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Brazil - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Brazil - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 83: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 85: Overview on factors of disruption

9.4 Industry risks

Exhibit 86: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 87: Vendors covered

10.2 Market positioning of vendors

Exhibit 88: Matrix on vendor position and classification

10.3 deCARate LLC

Exhibit 89: deCARate LLC - Overview
Exhibit 90: deCARate LLC - Product / Service
Exhibit 91: deCARate LLC - Key offerings

10.4 Dribbble Holdings Ltd.

Exhibit 92: Dribbble Holdings Ltd. - Overview
Exhibit 93: Dribbble Holdings Ltd. - Product / Service
Exhibit 94: Dribbble Holdings Ltd. - Key offerings

10.5 Groupon Inc.

Exhibit 95: Groupon Inc. - Overview
Exhibit 96: Groupon Inc. - Business segments
Exhibit 97: Groupon Inc. - Key offerings
Exhibit 98: Groupon Inc. - Segment focus

10.6 Mks Milagro Salon

Exhibit 99: Mks Milagro Salon - Overview
Exhibit 100: Mks Milagro Salon - Product / Service
Exhibit 101: Mks Milagro Salon - Key offerings

10.7 Nextdoor Holding Inc.

Exhibit 102: Nextdoor Holding Inc. - Overview
Exhibit 103: Nextdoor Holding Inc. - Product / Service
Exhibit 104: Nextdoor Holding Inc. - Key offerings

10.8 Trim IT services Ltd.

Exhibit 105: Trim IT services Ltd. - Overview
Exhibit 106: Trim IT services Ltd. - Product / Service
Exhibit 107: Trim IT services Ltd. - Key offerings

10.9 Yelp Inc.

Exhibit 108: Yelp Inc. - Overview
Exhibit 109: Yelp Inc. - Product / Service
Exhibit 110: Yelp Inc. - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 111: Inclusions checklist
Exhibit 112: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 113: Currency conversion rates for US$

11.4 Research methodology

Exhibit 114: Research methodology
Exhibit 115: Validation techniques employed for market sizing
Exhibit 116: Information sources

11.5 List of abbreviations

Exhibit 117: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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