Industry Report, 2026

India Beauty & Salon Industry Report 2026

A concise reference to the size, growth and structure of India's beauty and salon industry, sourced from public research, MCA filings and TrimHub's own operating dataset.

Headlines
  • Market size 2026: ~$28 billion, growing at 12 to 14% CAGR
  • Organised share: 24% and expanding
  • Fastest sub-segment: Male grooming, 18% CAGR
  • Urban ticket size: ₹1,120 average, up 56% in four years
  • Tier-2/3 share of new openings: 60% in 2025

Market size trajectory

2022
$16 Bn
2024
$22 Bn
2026
$28 Bn
2028 (projected)
$37 Bn

Revenue by segment

Hair services44%
Skin & facial24%
Male grooming16%
Nails & extremities9%
Retail products in-salon7%

Five trends reshaping 2026

Trend 1

Organised sector share doubling

Organised salon chains held 12% share in 2020. By 2026 that has grown to 24%, driven by franchise expansion into tier-2 cities.

Trend 2

Male grooming is the fastest sub-segment

Men's grooming grew at 18% CAGR from 2022 to 2026, roughly 1.8x the overall salon market.

Trend 3

Premiumisation of ticket size

Average urban ticket size rose from ₹720 in 2022 to ₹1,120 in 2026, a 56% jump in four years.

Trend 4

Tier-2 and tier-3 breakout

60% of new franchise salons opened in 2025 were in tier-2 and tier-3 cities like Jaipur, Coimbatore, Vizag and Lucknow.

Trend 5

Skin & hair science expanding

Non-invasive treatments (keratin, botox, hydrafacial) contribute 18 to 22% of urban salon revenue, up from 9% in 2022.

Sources & methodology

Figures triangulated from FICCI-EY reports, KPMG India beauty & wellness studies, MCA-filed company data of listed salon brands and TrimHub's own operating panel of 40+ salons. Ranges reflect 20th to 80th percentile.

Cite as: The TrimHub Salons, "India Beauty & Salon Industry Report 2026". Free to reuse with attribution and link back to this page.

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