Round Table China cover image

Round Table China

Are haircuts getting too expensive?

Apr 29, 2024
24:46
Snipd AI
Heyang, Li Yi, and Brandon Yates discuss the evolution of hair services, rising costs of haircuts in China, preferences in hair care services, trends in hair care products and hair loss among young consumers, and the strategies employed by salons to boost revenue. The podcast explores the impact of stress on students' health, the importance of transparency in products, and the shift towards quicker services in the industry.
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Podcast summary created with Snipd AI

Quick takeaways

  • Rising hairdressing prices are driven by elaborate services like dying and perming, reflecting changing consumer preferences.
  • Salons are expanding beyond traditional haircuts to offer specialized services like scalp treatments, catering to evolving grooming needs.

Deep dives

The Rising Costs of Haircuts

Haircut prices have soared in Chinese cities like Beijing, Shanghai, Guangzhou, and Shenzhen, with averages ranging from 33 yuan to 1520 yuan, showing a significant increase over the years. In 2021, medium-sized cities saw average customer spending at beauty and hair salons reach 263 yuan per person, emphasizing the growing expenses associated with haircare. The trend of rising hairdressing prices is fueled by various factors, including more elaborate services such as dying, perming, and hair extensions.

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