Partnership Expected to Drive Significant Growth for the Waxing Franchise
Excerpt from May 9, 2024 article in FranchiseWire.
Waxxpot®, an emerging franchisor that offers full-body waxing services to men and women, has joined the portfolio of the franchise sales organization Franchise FastLane. Waxxpot’s boutique-style salons feature two proprietary wax formulas that don’t require temperature extremes and are used for hair removal in soft and hard locations of the body.
Franchise FastLane is very excited about Waxxpot’s inclusivity – its tagline is “Waxxpot welcomes everybody and every body” – and exceptionally strong leadership team. Waxxpot’s business model offers competitive advantages in the booming personal care sector, which is expected to grow by 3% this year, according to the 2024 Franchise Economic Outlook report produced by the International Franchise Association and independent researcher FRANdata. Market research firm Fact.mr valued the global hair removal wax market at nearly $10.2 billion in 2023 and projected it would reach $18.4 billion by 2033.
