1. In 2012, the beauty industry was worth 7 billion dollars.It is expected to grow almost double in revenue to 13.5 billion dollars by 2017. So if you were an early investor in this industry you would probably be a billionaire by now.
2. The estimated workforce in this industry will exceed 3 million workers in India by 2017.And surprisingly this is only 2% of the global beauty industry.
3. The average time a person spends to get ready on a Monday is ridiculously high at 76 minutes, which drops down to 19 minutes by the time they reach Friday.
4. According to a study, women are obsessed with a regular skin routine. Whereas only 25% men actually take care of their skin.
5. 90% of employees in this industry are not trained which result in customers having bad salon experiences.
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