Esthetician Business Plan Template [Updated 2023]

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III. Industry Analysis

You can download our Business Plan Template (including a full, customizable financial model) to your computer here.

Good skin care services are always in great demand as everyone wants skin that is youthful, refreshed, and free of stress. Hardships, chronic stress, and other daily challenges greatly affect our skin, so everyone needs some help restoring and healing it. The best way to restore one’s skin is to hire the services of a skilled esthetician. Unsurprisingly, people are doing just that, and the skin care and esthetician industries are seeing a huge boom as a result.

According to research, the current aesthetic medicine market is valued at $99 billion and is expected to grow 14.5% over the next 10 years. Furthermore, according to the Bureau of Labor, the job outlook for estheticians will grow 17% in that same time period. These statistics show that good skin care and esthetician services are in great demand, and the market is stronger than ever.

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