The global personal care services market was valued at $222 billion in 2017. This is due to the expected increase in demand for personal services due to increasing urban population, strong economic growth and rising disposable income in emerging markets, increasing awareness about personal care, growing pet population and changing consumer preferences.
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The market can be easily split into beauty salons diet and weight reducing centers, spas & massage, other personal care services.
Asia Pacific was the largest geographic region accounting for one-third of the global market. China was the largest country accounting for more than one-fourth of the global personal care services market followed India and Japan.
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The top five competitors in the market made up nearly 1% of the total market share in 2017. Service Corporation International was the largest competitor with 0.3% of the market, followed by Sears Holdings, Best Buy, Regis Corporation, Weight Watchers International Inc. Service Corporation International is an American provider of funeral goods and services as well as cemetery property and services. It is headquartered in Neartown, Houston, Texas.
Other personal care services include pet care services, photofinishing services, one-hour photofinishing labs and parking lots and garages. Pet care service providers are increasingly using innovative technologies and devices to improve pet care and offer a wide range of services to customers. These devices use Wi-Fi and bluetooth technology to monitor pet motion, activity and food consumption.
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