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WHY SALON FRANCHISING?
Franchising allows people with no background in the Industry to learn and be business owners.
- India’s growing middle class segment with its increasing propensity/ ability to spend and the growing desire “to look stylish and feel good” is driving growth for beauty and wellness services.
- Organized salon industry in India is estimated to be at INR 2,500 crs. This is expected to grow at a CAGR of 30% p.a. The salon industry is highly fragmented with unorganized players capturing 75% of the market share.
- As the industry is growing, more organized players (both domestic and international) are likely to enter the market. The share of organized players is expected to rise from current 25% to 30% in the near future.
- Today, there is an increasing interest in appearances and a surge in spending power. 61% men and 54% women visit salons on a monthly basis, spending between Rs 1,000-2,000. General services and specialized treatments have grown exponentially as well. The bridal segment including pre-bridal packages is alone worth Rs 3,200 crores, growing at a 30%+ rate annually.
Monsoon Salon as a company is constantly evolving. We are a tech enabled salon chain and work at 30% lower operational costs and performs 20% higher. We have our own ecosystem which operates through combination of ONLINE & OFFLINE infrastructure adding to our competitive edge. Monsoon Salon is the Fastest Growing Salon and Best Salon Franchise in India with 60+ Salon Franchise and 1000+ Beauty and Makeup Experts All Over India. Monsoon Salon is Also Listed in Top Salon Franchise in India.