Beauty industry offers a plethora of franchise opportunities ranging from beauty parlours to specialized spas.
The beauty sector is an ever-growing industry and is often referred to as a recession-proof industry. The increasing influence of western trends and international beauty pageants has brought the beauty industry into the limelight in the country over the last couple of decades.
The beauty industry is being propelled by growth in organized retail, increase in the number of working women, changing lifestyles, rising disposable income and increasing affordability of luxury and lifestyle-oriented products. There are many franchise business options in the beauty sector for entrepreneurs to choose from. Depending on the choice of preference and budget, beauty industry offers a plethora of franchise opportunities ranging from beauty parlours to specialized spas. Here is the list of top 5 franchise opportunity in the beauty industry.
Owning a salon business is a dream come true for any beauty industry professional. Having your own beauty salon gives you the freedom to experiment with various interiors, to offer unique services and most importantly the ability to work for yourself and succeed. Beauty salons offer various services like hairstyling, facial care, makeup etc.
Salons are in always in vogue, given the need of people to be well-groomed. There are numerous salon franchises available in India, for instance, Jawed Habib, Shahnaz Hussain, Lakme Salon, Marie Claire etc.
Investment: 20-30 lakhs
The spa industry is well-established and popular. A lot of people are seeking an escape from the stresses of urban living and need somewhere to relax and pamper them from time to time. You can set up a spa with state-of-the-art facilities, sufficient relaxation space. The popularity of spas has not only been limited to metropolitan cities but has also penetrated into tier II and III markets. Some of the spa Franchises available in India are, Evoke Spa, Aroma Thai etc.
Investment: 10-20 lakhs
The nail care industry has emerged as one of the most growing segments in the beauty industry, as it has become an integral part of women’s fashion. The nail extensions have “revolutionized the nail industry,” with the technique rising in popularity. According to reports, the demand of customers grew rapidly at a pace of 30% in Nails. Cashing on the burgeoning demand, many nail salons are expanding their business via franchising. Nail extension services deal with small equipment and technology, thus it can be started even with as less as 100sq ft, area. Franchise nail salons in India are Rhapsody, Zoeish, Fingertips etc.
Investment: 10-25 lakhs
Cosmetics & Beauty Products
The cosmetics market in India is expected to exhibit strong growth in the coming years. The huge and growing youth population is among the major factors boosting growth in this category. With the influx of growing e-commerce sites, an increasing number of beauty blogs, influencers and exposure to social media are fuelling the growth of the cosmetics & beauty products in India. There are a plethora of franchise options available in Cosmetics & Beauty Products, such as MAC, Forest Essential, Body Shop, Kama Ayurveda etc.
Investment: 30-50 lakhs
Lush and long eyelashes have always been in vogue. Lashes have become much more than a fad; it has become a lifestyle. Eyelash extension is disrupting the beauty industry and has now become a mainstream part of beauty regimens for women around the world. Once, almost a non-existent industry has now become a 62 billion dollar industry. Experts believe that the lash extension can be the next big thing in the beauty industry. So, if you are looking to invest in a trending business idea, lash extension can be your thing. Few franchises available in lash extension segment are Novalash, Lash Lounge, Zoeish.
Investment: 20-25 lakhs