Professional Beauty reveals analysts’ key industry trends for 2014

The UK’s beauty and spa treatments market grew 1% in the 12 months ending September 30 2013, with greater growth predicted for the coming year, according to research from Kantar Worldpanel, shared exclusively with Professional Beauty.

The market was valued at £1.897billion at the end of the Q3 2013, and Kantar experts predict that growth in nail and face treatments will drive an increase in market value over the coming year.

Tim Nancholas, Kantar’s strategic insight director, said, “I expect the market to go into slightly stronger growth in 2014 as consumer confidence is up and people have higher household spend.”

According to analyst NPD Group, the premium beauty retail market was also up in 2013, by some 5.7%, and is set to grow further in 2014 thanks to a predicted popularity in skin brighteners and targeted concentrates.

Advanced facial treatments saw some of the biggest growth in the market, with anti-wrinkle injections up 80%, and lifting or toning facials up 21%. The whole facial treatment sector grew 7%. And while results-driven treatments had clients spending, stress relieving therapies also proved popular in 2013.

For more market figures and information on the industry trends set to shape the market in 2014, be sure to check out the January issue of Professional Beauty magazine. Subscribe to print edition for £37.99 or sign up to the digital edition for just £4.99.