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What are the 4 important strategies of Uber for beauty that will successfully lead the business?

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William John
What are the 4 important strategies of Uber for beauty that will successfully lead the business?

The availability of global brands beyond the borders of geography and the growing awareness about the different practices of massage and beauty therapy has elevated the beauty industry into a different realm in terms of consumption and revenue.

There are a few interesting statistics to prove the industry’s worth and its growth in recent years.

On-demand services are expected to grow at a Cumulative Annual Growth Rate (CAGR) of 52% over the next five years.

A PricewaterhouseCoopers report states that the market for on-demand services on mobile applications and websites will reach a value of about $335 billion by 2025.

According to Harvard Business Review, among the users who embrace on-demand services, 40% are millennials and the rest are between the age of 35 and 54.

Zion Market Research states that the market for beauty salons is expected to be close to $200 billion by 2024 with a CAGR of 5.8%.

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