Micro-businesses fuel beauty sector growth as people’s health and wellbeing takes centre stage

by | Mar 2, 2022

The British beauty industry has grown over the past two years despite being one of the most heavily impacted by the strict coronavirus measures.

Commissioned by the British Beauty Council, according to new official figures from the Local Data Company (LDC) analysing the openings and closures of retail and leisure outlets, the beauty sector grew by 1.1% between January 2020 and December 2021, compared to the overall retail and leisure sector, which declined by 3.3% over the same period.

The beauty sector’s resilience was underpinned by growing numbers of micro-businesses in specific categories. According to the LDC, the number of nail salons increased by 9.1% between January 2020 and December 2021. Barbershops were up 8.9%, and general beauty salons were up by 7.7%.

 

Read the report .

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