Tools commonly used in the Hair Goods & Supplies (Retail) industry for day-to-day tasks and operations.

• Hair straighteners
• Curling irons
• Hair dryers
• Hair brushes
• Combs
• Hair clips
• Hair ties
• Headbands
• Hair extensions
• Hair scissors
• Hair razors
• Hair clippers
• Hair trimmers
• Hair rollers
• Hair curlers
• Hair crimpers
• Hair volumizers
• Hair diffusers
• Hair styling wands

Common products and services typical of NAICS Code 458110-69, illustrating the main business activities and contributions to the market.

• Hair dye
• Shampoo
• Conditioner
• Hair spray
• Hair gel
• Hair mousse
• Hair straightener
• Curling iron
• Hair dryer
• Hair brush
• Hair clip
• Hair tie
• Headband
• Hair extension
• Hair scissors
• Hair razor
• Hair clipper
• Hair trimmer
• Hair roller
• Hair curler

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Hazardous Materials Endorsement (HME): A certification required by the Transportation Security Administration (TSA) for drivers who transport hazardous materials. The certification ensures that drivers are aware of the risks associated with transporting hazardous materials and are trained to handle them safely.
• Cosmetology License: A license required by the state for individuals who provide hair care services, including cutting, coloring, and styling. The license ensures that individuals have received the necessary training and education to provide safe and effective services.
• Sales Tax Permit: A permit required by the state for businesses that sell goods or services. The permit allows businesses to collect and remit sales tax to the state.
• Occupational Safety and Health Administration (OSHA) Certification: A certification required by OSHA for individuals who work in industries with potential safety hazards, including the retail industry. The certification ensures that individuals are aware of the risks associated with their work and are trained to handle them safely.
• Environmental Protection Agency (EPA) Certification: A certification required by the EPA for individuals who handle refrigerants, including those used in air conditioning and refrigeration systems. The certification ensures that individuals are aware of the risks associated with handling refrigerants and are trained to handle them safely.

A concise historical narrative of NAICS Code 458110-69 covering global milestones and recent developments within the United States.

• The Hair Goods & Supplies (Retail) industry has a long history dating back to ancient times when wigs and hairpieces were used to denote social status. In the 18th century, the industry saw a significant boost with the introduction of the first synthetic hairpiece. The 20th century saw the rise of hair care products, including shampoos, conditioners, and styling products, which became increasingly popular. In recent years, the industry has seen a surge in demand for natural hair care products, as consumers become more conscious of the ingredients in their hair care products. In the United States, the industry has seen a steady growth rate over the past decade, with an increasing number of consumers purchasing hair care products online.

The anticipated future trajectory of the NAICS 458110-69 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The hair goods and supplies retail industry in the USA is expected to experience steady growth in the coming years. The industry is expected to benefit from the increasing demand for hair care products, particularly among the aging population. Additionally, the rise of e-commerce is expected to drive growth in the industry as more consumers turn to online shopping for their hair care needs. However, the industry is also expected to face challenges such as increasing competition from other retailers and the threat of counterfeit products. Overall, the industry is expected to continue to grow in the coming years, albeit at a slower pace than in previous years.

Recent groundbreaking advancements and milestones in the Hair Goods & Supplies (Retail) industry, reflecting notable innovations that have reshaped its landscape.

• The Rise Of Natural and Organic Hair Care Products: Consumers are increasingly looking for natural and organic hair care products that are free from harmful chemicals. This trend has led to the development of a range of new products that are made from natural ingredients and are marketed as being better for the environment and for consumers' health.
• The Growth Of E-Commerce: The rise of e-commerce has had a significant impact on the hair goods and supplies retail industry. Many consumers now prefer to shop online for their hair care products, which has led to the development of a range of new online retailers and marketplaces.
• The Increasing Popularity Of Hair Extensions: Hair extensions have become increasingly popular in recent years, particularly among younger consumers. This trend has led to the development of a range of new products and services, including clip-in extensions, tape-in extensions, and micro-ring extensions.
• The Rise Of Men's Grooming Products: Men's grooming products have become increasingly popular in recent years, which has led to the development of a range of new products and services aimed at men. This trend has also led to the development of new retail spaces and marketing campaigns aimed at male consumers.
• The Increasing Use Of Social Media Influencers: Social media influencers have become an important part of the hair goods and supplies retail industry in recent years. Many companies now work with influencers to promote their products and reach new audiences.

This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Hair Goods & Supplies (Retail) industry. It highlights the primary inputs that Hair Goods & Supplies (Retail) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Combs: Essential tools for styling and parting hair, available in various sizes and shapes to suit different hair types.

Conditioners: Products that moisturize and detangle hair after shampooing, helping to improve hair texture and manageability.

Hair Brushes: Tools used for detangling and styling hair, available in various types to cater to different hair textures and styles.

Hair Clips: Accessories used to hold hair in place during styling or to create various hairstyles, essential for both functionality and aesthetics.

Hair Dyes: Coloring agents used to change the natural color of hair, allowing customers to express their individuality and style.

Hair Extensions: Products used to add length or volume to natural hair, allowing for diverse styling options and transformations.

Hair Gels: Styling products that offer strong hold and definition for hairstyles, commonly used for creating sleek and structured looks.

Hair Mousses: Foam styling products that add volume and body to hair, often used for creating bouncy and full hairstyles.

Hair Sprays: Styling products that provide hold and control for various hairstyles, crucial for maintaining a desired look throughout the day.

Hair Ties: Elastic bands used to secure hair in ponytails or other styles, crucial for everyday hair management.

Headbands: Accessories worn around the head to keep hair away from the face, often used for both practical and fashion purposes.

Shampoos: Cleansing products designed to remove dirt, oil, and product buildup from hair, essential for maintaining healthy hair and scalp.

Equipment

Curling Irons: Heating tools used to create curls and waves in hair, allowing for versatile styling options and enhancing overall appearance.

Hair Dryers: Electrical devices used to blow hot air onto hair, facilitating quick drying and styling, essential for both professional and personal use.

Hair Straighteners: Devices that use heat to straighten hair, providing a sleek and polished look that many customers desire.

Explore a detailed compilation of the unique products and services offered by the Hair Goods & Supplies (Retail) industry. This section provides precise examples of how each item is utilized, showcasing the diverse capabilities and contributions of the Hair Goods & Supplies (Retail) to its clients and markets. This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Hair Goods & Supplies (Retail) industry. It highlights the primary inputs that Hair Goods & Supplies (Retail) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Combs: Combs are used for detangling and styling hair. They come in various designs, including wide-toothed for wet hair and fine-toothed for precise styling, making them versatile tools for hair care.

Conditioners: Conditioners are designed to moisturize and detangle hair after shampooing. They help restore moisture, improve manageability, and enhance shine, making them essential for maintaining healthy hair.

Hair Brushes: Hair brushes are essential tools for detangling and styling hair. They come in various shapes and sizes, designed for different hair types and styles, helping to distribute natural oils and reduce frizz.

Hair Clips: These accessories are used to hold hair in place while styling or during daily activities. They come in various sizes and designs, suitable for different hair types and styles.

Hair Dyes: These products are used to change the color of hair, allowing individuals to express their style or cover gray hair. They come in various formulations, including permanent, semi-permanent, and temporary options, catering to diverse preferences.

Hair Extensions: These products are used to add length or volume to natural hair. They come in various forms, including clip-ins, tape-ins, and sew-ins, allowing individuals to enhance their hairstyles temporarily or permanently.

Hair Gels: These styling products offer a strong hold for sleek hairstyles and are often used to create defined curls or spikes. They provide a wet look and can be used on all hair types for versatile styling.

Hair Mousses: Mousses are lightweight styling foams that add volume and body to hair. They are ideal for creating bouncy curls or adding texture, making them popular among individuals looking to enhance their hairstyle.

Hair Sprays: Hair sprays are styling products that provide hold and control for various hairstyles. They help maintain the desired look throughout the day, offering different levels of hold and finishes, from natural to extra firm.

Hair Ties: Hair ties are elastic bands used to secure hair in ponytails or buns. They are available in various materials and sizes, catering to different hair thicknesses and styles.

Headbands: Headbands are worn to keep hair away from the face and can also serve as a fashion accessory. They come in various styles, from simple elastic bands to decorative options with embellishments.

Shampoos: These cleansing products are formulated to remove dirt, oil, and product buildup from hair. They come in various types to cater to different hair types, such as dry, oily, or color-treated hair, ensuring effective cleansing and care.

Equipment

Curling Irons: Curling irons are tools used to create curls or waves in hair. They come in different barrel sizes and heat settings, enabling users to achieve a variety of styles, from tight curls to loose waves.

Hair Dryers: These electrical devices are used to dry hair quickly after washing. They come with various heat and speed settings, allowing users to style their hair efficiently while minimizing heat damage.

Hair Straighteners: These devices are used to straighten hair by applying heat. They are essential for achieving sleek, smooth hairstyles and come with various plate materials and sizes to suit different hair types.

A thorough examination of the Hair Goods & Supplies (Retail) industry’s external dynamics, focusing on the political, economic, social, technological, legal, and environmental factors that shape its operations and strategic direction.

Political Factors

Economic Factors

Social Factors

Technological Factors

Legal Factors

Economical Factors

An in-depth look at the Hair Goods & Supplies (Retail) industry's value chain, highlighting its role, key activities, and efficiency strategies, along with its unique value drivers and competitive strengths.

Value Chain Position

Category: Retailer
Value Stage: Final
Description: The retail sector for hair goods and supplies operates at the final stage of the value chain, focusing on the direct sale of hair care products, styling tools, and accessories to consumers. This industry engages in merchandising, customer service, and marketing to enhance consumer access to hair care solutions.

Upstream Industries

Downstream Industries

Primary Activities

Inbound Logistics: Receiving and handling processes involve the careful selection and inspection of hair care products and tools upon delivery. Retailers typically manage inventory through organized storage systems that ensure easy access and quick replenishment of popular items. Quality control measures include checking for product integrity and compliance with safety standards, while challenges may arise from supply chain disruptions that require agile response strategies.

Operations: Core processes include merchandising, product display, and customer service. Retailers implement quality management practices by training staff to provide knowledgeable assistance and maintain a clean, inviting shopping environment. Industry-standard procedures often involve regular inventory audits and promotional events to drive sales and enhance customer engagement.

Outbound Logistics: Distribution methods primarily involve the direct sale of products to consumers in-store and online. Retailers focus on preserving product quality during delivery by using appropriate packaging and temperature controls for sensitive items. Common practices include efficient order fulfillment systems that ensure timely delivery to customers, especially for online orders.

Marketing & Sales: Marketing approaches in this industry often include social media campaigns, influencer partnerships, and in-store promotions to attract customers. Retailers build customer relationships through loyalty programs and personalized marketing strategies that communicate the value of their products. Sales processes typically involve engaging customers through knowledgeable staff who can provide tailored recommendations based on individual needs.

Support Activities

Infrastructure: Management systems in hair goods retail include point-of-sale systems that track sales and inventory in real-time. Organizational structures often consist of a mix of corporate and franchise operations, allowing for flexibility and responsiveness to market trends. Planning systems are crucial for managing seasonal inventory fluctuations and promotional strategies effectively.

Human Resource Management: Workforce requirements include knowledgeable staff who can assist customers with product selection and provide styling advice. Training and development approaches focus on product knowledge and customer service skills, ensuring employees can meet diverse customer needs effectively. Industry-specific skills include understanding hair types and the latest trends in hair care and styling.

Technology Development: Key technologies used in this industry include e-commerce platforms for online sales and customer relationship management (CRM) systems for tracking customer interactions. Innovation practices may involve adopting new retail technologies such as augmented reality for virtual try-ons. Industry-standard systems often include inventory management software that integrates with sales data to optimize stock levels.

Procurement: Sourcing strategies involve establishing strong relationships with reputable suppliers to ensure product quality and reliability. Supplier relationship management is critical for negotiating favorable terms and maintaining a consistent supply of popular products. Purchasing practices often emphasize sustainability and ethical sourcing, reflecting consumer preferences for responsible brands.

Value Chain Efficiency

Process Efficiency: Operational effectiveness is measured through sales per square foot and inventory turnover rates. Common efficiency measures include analyzing customer purchasing patterns to optimize stock levels and reduce excess inventory. Industry benchmarks are established based on sales performance and customer satisfaction metrics.

Integration Efficiency: Coordination methods involve regular communication between suppliers and retailers to align on product availability and promotional activities. Communication systems often include digital platforms that facilitate real-time updates on inventory and sales trends, enhancing responsiveness to market demands.

Resource Utilization: Resource management practices focus on optimizing staff scheduling and minimizing waste in inventory management. Optimization approaches may involve using data analytics to forecast demand and adjust purchasing strategies accordingly, adhering to industry standards for efficient retail operations.

Value Chain Summary

Key Value Drivers: Primary sources of value creation include high-quality hair care products, effective customer service, and strong supplier relationships. Critical success factors involve staying current with trends and consumer preferences, as well as maintaining a diverse product range to meet varying customer needs.

Competitive Position: Sources of competitive advantage include the ability to offer a wide selection of products and personalized customer service. Industry positioning is influenced by brand reputation, product quality, and the effectiveness of marketing strategies, impacting overall market dynamics.

Challenges & Opportunities: Current industry challenges include intense competition from online retailers and changing consumer preferences towards natural and organic products. Future trends may involve increased demand for eco-friendly products and personalized shopping experiences, presenting opportunities for retailers to innovate and differentiate their offerings.

A focused SWOT analysis that examines the strengths, weaknesses, opportunities, and threats facing the Hair Goods & Supplies (Retail) industry within the US market. This section provides insights into current conditions, strategic interactions, and future growth potential.

Strengths

Industry Infrastructure and Resources: The retail sector for hair goods and supplies benefits from a well-established infrastructure, including numerous retail outlets, online platforms, and distribution networks. This strong infrastructure enables efficient operations and enhances accessibility for consumers, with many retailers investing in modern store layouts and e-commerce capabilities to improve customer experience.

Technological Capabilities: The industry has embraced technological advancements in retail, such as e-commerce platforms and inventory management systems, which provide significant advantages. Retailers are increasingly utilizing data analytics to understand consumer preferences and optimize stock levels, ensuring they remain competitive in a rapidly evolving market.

Market Position: The industry holds a strong position within the broader retail market, characterized by a diverse range of products catering to various consumer needs. Brand recognition and customer loyalty are significant strengths, although competition from both established brands and new entrants continues to intensify.

Financial Health: Financial performance across the industry is generally robust, with many retailers reporting steady revenue growth driven by consistent consumer demand for hair care products. The financial health is supported by a diverse product range, although fluctuations in raw material costs can impact profitability.

Supply Chain Advantages: The industry enjoys strong supply chain networks that facilitate efficient procurement of hair care products from manufacturers. Established relationships with suppliers and distributors enhance operational efficiency, allowing retailers to maintain a steady flow of products and respond quickly to consumer demand.

Workforce Expertise: The labor force in this industry is skilled and knowledgeable, with many employees having specialized training in hair care and customer service. This expertise contributes to high levels of customer satisfaction and operational efficiency, although ongoing training is essential to keep pace with product innovations.

Weaknesses

Structural Inefficiencies: Some retailers face structural inefficiencies due to outdated inventory management systems or inadequate store layouts, leading to increased operational costs. These inefficiencies can hinder competitiveness, particularly when compared to more agile competitors.

Cost Structures: The industry grapples with rising costs associated with sourcing products, labor, and compliance with health and safety regulations. These cost pressures can squeeze profit margins, necessitating careful management of pricing strategies and operational efficiencies.

Technology Gaps: While many retailers are technologically advanced, others lag in adopting new retail technologies, such as mobile payment systems and advanced customer relationship management tools. This gap can result in lower customer engagement and higher operational costs, impacting overall competitiveness.

Resource Limitations: The industry is vulnerable to fluctuations in the availability of key products, particularly due to supply chain disruptions. These resource limitations can disrupt inventory levels and impact product availability for consumers.

Regulatory Compliance Issues: Navigating the complex landscape of health and safety regulations poses challenges for many retailers. Compliance costs can be significant, and failure to meet regulatory standards can lead to penalties and reputational damage.

Market Access Barriers: Entering new markets can be challenging due to established competition and regulatory hurdles. Retailers may face difficulties in gaining distribution agreements or meeting local regulatory requirements, limiting growth opportunities.

Opportunities

Market Growth Potential: There is significant potential for market growth driven by increasing consumer demand for hair care products, particularly those that are organic or cruelty-free. The trend towards personalized hair care solutions presents opportunities for retailers to expand their offerings and capture new market segments.

Emerging Technologies: Advancements in e-commerce technologies, such as augmented reality for virtual try-ons and AI-driven personalized recommendations, offer opportunities for enhancing customer engagement and improving sales. These technologies can lead to increased efficiency and customer satisfaction.

Economic Trends: Favorable economic conditions, including rising disposable incomes and increased consumer spending on personal care, support growth in the hair goods and supplies market. As consumers prioritize self-care and grooming, demand for hair care products is expected to rise.

Regulatory Changes: Potential regulatory changes aimed at promoting sustainable and ethical sourcing could benefit the industry. Retailers that adapt to these changes by offering eco-friendly products may gain a competitive edge and enhance brand loyalty.

Consumer Behavior Shifts: Shifts in consumer preferences towards natural and organic hair care products create opportunities for growth. Retailers that align their product offerings with these trends can attract a broader customer base and enhance brand loyalty.

Threats

Competitive Pressures: Intense competition from both established brands and new entrants poses a significant threat to market share. Retailers must continuously innovate and differentiate their product offerings to maintain a competitive edge in a crowded marketplace.

Economic Uncertainties: Economic fluctuations, including inflation and changes in consumer spending habits, can impact demand for hair care products. Retailers must remain agile to adapt to these uncertainties and mitigate potential impacts on sales.

Regulatory Challenges: The potential for stricter regulations regarding product safety and labeling can pose challenges for the industry. Retailers must invest in compliance measures to avoid penalties and ensure product safety.

Technological Disruption: Emerging technologies in alternative beauty products and services could disrupt the market for traditional hair care products. Retailers need to monitor these trends closely and innovate to stay relevant.

Environmental Concerns: Increasing scrutiny on environmental sustainability practices poses challenges for the industry. Retailers must adopt sustainable practices to meet consumer expectations and regulatory requirements.

SWOT Summary

Strategic Position: The industry currently enjoys a strong market position, bolstered by robust consumer demand for hair care products. However, challenges such as rising costs and competitive pressures necessitate strategic innovation and adaptation to maintain growth. The future trajectory appears promising, with opportunities for expansion into new markets and product lines, provided that retailers can navigate the complexities of regulatory compliance and supply chain management.

Key Interactions

Growth Potential: The growth prospects for the industry are robust, driven by increasing consumer demand for hair care products, particularly those that are organic or cruelty-free. Key growth drivers include the rising popularity of personalized hair care solutions, advancements in e-commerce technologies, and favorable economic conditions. Market expansion opportunities exist in both domestic and international markets, particularly as consumers seek out innovative and effective hair care products. However, challenges such as resource limitations and regulatory compliance must be addressed to fully realize this potential. The timeline for growth realization is projected over the next five to ten years, contingent on successful adaptation to market trends and consumer preferences.

Risk Assessment: The overall risk level for the industry is moderate, with key risk factors including economic uncertainties, competitive pressures, and supply chain vulnerabilities. Industry players must be vigilant in monitoring external threats, such as changes in consumer behavior and regulatory landscapes. Effective risk management strategies, including diversification of suppliers and investment in technology, can mitigate potential impacts. Long-term risk management approaches should focus on sustainability and adaptability to changing market conditions. The timeline for risk evolution is ongoing, necessitating proactive measures to safeguard against emerging threats.

Strategic Recommendations

An exploration of how geographic and site-specific factors impact the operations of the Hair Goods & Supplies (Retail) industry in the US, focusing on location, topography, climate, vegetation, zoning, infrastructure, and cultural context.

Location: Retail operations thrive in urban areas with high population density, where consumer demand for hair care products is robust. Regions with diverse demographics, such as metropolitan cities, provide a larger customer base, allowing for specialized product offerings that cater to various hair types and styles. Proximity to beauty salons and hairdressers enhances foot traffic and visibility for retail stores, creating a symbiotic relationship that drives sales. Areas with a strong culture of personal grooming and beauty also support the growth of this industry, as consumers are more likely to invest in hair care products.

Topography: The industry benefits from flat, accessible retail spaces that facilitate easy customer access and product display. Urban environments with minimal elevation changes allow for straightforward logistics in transporting goods to and from stores. Retail locations situated in shopping centers or malls often have ample parking and foot traffic, which are advantageous for attracting customers. However, regions with challenging terrain may limit the establishment of retail outlets, as accessibility becomes a concern for both consumers and suppliers.

Climate: Climate influences consumer behavior and product demand, with warmer regions seeing higher sales of hair care products designed for sun protection and moisture retention. Seasonal changes can affect product offerings, as consumers may seek different products during summer versus winter months. Retailers must adapt their inventory to reflect these seasonal trends, ensuring they stock appropriate products for varying weather conditions. Additionally, stores in humid climates may need to focus on products that combat frizz and maintain hair health in moist conditions.

Vegetation: Local vegetation can impact the retail environment, particularly in terms of aesthetic appeal and customer experience. Retailers often incorporate landscaping that aligns with the beauty and grooming theme, enhancing the shopping atmosphere. Compliance with environmental regulations may require retailers to manage vegetation around their facilities, ensuring that landscaping does not interfere with accessibility or safety. Additionally, the presence of certain plants may influence consumer preferences for natural or organic hair care products, reflecting a growing trend towards eco-friendly options.

Zoning and Land Use: Retail operations are typically located in commercial zones that permit the sale of beauty and personal care products. Local zoning laws may dictate the types of signage and advertising allowed, which can affect visibility and customer attraction. Specific permits may be required for retail establishments that offer additional services, such as hair styling or consultations. Variations in zoning regulations across regions can influence where new stores are established, with some areas being more favorable for retail growth than others.

Infrastructure: Access to reliable transportation infrastructure is crucial for retail operations, as it facilitates the timely delivery of products from suppliers. Retailers require adequate utility services, including electricity and water, to support their operations, especially if they offer in-store services. Communication infrastructure, such as internet access, is essential for managing inventory and engaging with customers through online platforms. Retailers must also consider the layout of their stores to optimize customer flow and product visibility, which can be influenced by existing building structures and design.

Cultural and Historical: The acceptance of hair goods and supplies retail operations is often influenced by cultural attitudes towards beauty and grooming within the community. Areas with a rich history of beauty culture may see higher engagement and loyalty from consumers. Retailers often participate in community events and initiatives to build relationships and enhance their reputation. Historical trends in hair care and styling can also shape product offerings, as retailers adapt to changing consumer preferences and cultural influences over time.

A detailed overview of the Hair Goods & Supplies (Retail) industry’s market dynamics, competitive landscape, and operational conditions, highlighting the unique factors influencing its day-to-day activities.

Market Overview

Market Size: Medium

Description: This industry focuses on the retail sale of hair care products, styling tools, and accessories, catering to a diverse clientele with varying hair types and styles. Operations include stocking, displaying, and selling products such as shampoos, conditioners, hair dyes, and styling tools directly to consumers.

Market Stage: Growth. The industry is experiencing growth driven by increasing consumer interest in personal grooming and hair care, with a notable rise in demand for specialized products and tools that cater to diverse hair types.

Geographic Distribution: Regional. Retail locations are strategically situated in urban and suburban areas, often near beauty salons and spas, to attract a customer base that values convenience and accessibility to hair care products.

Characteristics

Market Structure

Market Concentration: Fragmented. The market is characterized by a large number of small to medium-sized retailers, with no single entity dominating the landscape, allowing for a variety of niche players to thrive.

Segments

Distribution Channels

Success Factors

Demand Analysis

Demand Drivers

Competitive Landscape

Entry Barriers

Business Models

Operating Environment