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Global Hair Loss Treatment Products Market Size By Product (Vitamins and Supplements, Shampoos and Conditioners, & Others), By Gender (Men, Women, and Children), By End-User (Dermatology Clinics, Homecare Settings, & Salons), By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Hair Loss Treatment Products Market Size By Product (Vitamins and Supplements, Shampoos and Conditioners, & Others), By Gender (Men, Women, and Children), By End-User (Dermatology Clinics, Homecare Settings, & Salons), By Geographic Scope And Forecast

Hair Loss Treatment Products Market Size And Forecast

Hair Loss Treatment Products Market size was valued at USD 23.425 Billion in 2024 and is projected to reach USD 63.431 Billion by 2031, growing at a CAGR of 13.26% during the forecast period 2024-2031.

The major drivers driving the market are changing lifestyle patterns, adoption of a hectic schedule that increases stress levels, which in turn results in frequent hair loss at an earlier stage among the young population, growing disposable income, and increased emphasis on appearances. These factors have positively anticipated propelling the growth of the global Hair Loss Treatment Products Market. The Global Hair Loss Treatment Products Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Hair Loss Treatment Products Market Definition

Hair goes through a cycle of growing, resting, falling out, and regenerating. A hair loss is defined by the disruption of this cycle, or the damage to hair follicle, resulting in quick loss of hairs, over the speed of the regenerations. Receding hairline, hair falling out in patches, or overall thinning are some of the visible symptoms. There are several Products of hair loss such as Telogen Effluvium, Anagen Effluvium, and . Areata, Tinea Capitis, Cicatricial Alopecia, Hair Shaft Abnormalities, Hypotrichosis. The increasing number of chronic disease cases such as alopecia areata in the world is the primary factor contributing to the growth of the products market around the world.

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Global Hair Loss Treatment Products Market Overview

The rising sedentary lifestyle, with a faster and growing presence of the global fast-food chains along with the growing per capita income is leading to the growing commonness of chronic health disorders and gut-threatening food habits. As per the Asia-Pacific Economic Cooperation (APEC), apart from the newer challenges presented by the infectious and re-emerging diseases, the prevalence of chronic diseases such as cancer, COPD, stroke is rising, with chronic disease-related deaths expected to reach over 52 million by 2030, mainly due to poor diet and mineral deficiency combine with total sedentary lifestyle.

The growing level of stress due to the ever-changing human lifestyle is one of the major factors contributing to hair loss, which increases the demand for hair loss treatment products across the globe. The economic progress in the high- and middle-income countries, has led to the growth of urbanization with over 4.2 billion people living in urban areas in 2018 as stated by the world economic forum.

The demand for hair loss treatment products is growing on account of the expanding hair loss cases along with the rising range of relevant treatment products in the industry. However, the market is limited by the existing strict regulations and lack of consumer trust and awareness. The demand for hair loss treatment products is estimated to be challenged owing to the growing popularity of alternate hair treatments, such as Surgeries, Hair Loss Transplant, Laser therapy, scalp reduction among others. The hair loss treatment products market is expected to grow in the forecast period as more innovative products are introduced in the market, driving the market growth. It can be indicated by the number of products under the pipeline or the research on the newer chemicals conducted by the companies for the near future.

Global Hair Loss Treatment Products Market Segmentation Analysis

The Global Hair Loss Treatment Products Market is segmented on the basis of Product, End User, Gender, and Geography.

Hair Loss Treatment Products Market, By Product

  • Vitamins and Supplements
  • Shampoos and Conditioners
  • Others

To Get Summarized Market Report By Product-

Based on Product, the market is bifurcated into Vitamins and Supplements, Shampoos and Conditioners, and Others. the Vitamins and Supplements segment accounted for the largest market share in 2020 and is projected to grow at a CAGR of 3.49% over the forecast period. Hair loss is a common or general problem that can be improved with the supplementation of vitamins and minerals. Vitamins are very crucial for normal cell growth and function and it can cause hair loss when they are deficient. Supplementation is moderately affordable and easily accessible, it is important to take opinion regarding which vitamins and minerals should be considered in treating hair loss. It will likely drive the demand for Hair Loss Treatment Products segment across the forecast timeline.

Hair Loss Treatment Products Market, By End-User

  • Dermatology Clinics
  • Homecare Settings
  • Salons

To Get Summarized Market Report By End-Users-

On the basis of End-Users, the Global Hair Loss Treatment Products Market has been segmented into Dermatology Clinics, Homecare Settings, and Salons. Dermatology Clinics segment accounted for the largest market share in 2020 and Homecare Settings segment is projected to grow at a CAGR of 3.62% during the forecast period. Hair loss is one of the most common and major complaints among individuals, and it is usually associated with psychological disturbances and symptoms of depression. Hair loss can be temporary or a long-lasting problem. Rising severe hair issues among population is considered to be the prime driving factor towards the growth of the dermatology clinics segment in hair loss treatment products market and this will grow constantly throughout the estimated period

Hair Loss Treatment Products Market, By Gender

  • Men
  • Women
  • Children

Based on Gender, the market is bifurcated into Men, Women, and Children. The men‘s segment accounted for the largest market share in 2020 and is projected to grow at a CAGR of 3.51% over the forecast period. Male pattern baldness which is also known as androgenetic alopecia is an inherited trait. It affects more than half of men above the age of 50. As per the American Hair Loss Association, nearly two-thirds of men experience some degree of hair loss by the time they are 35, and by the age of 50, 85% of men experience hair loss and thinning. In the case of male pattern baldness, or androgenetic alopecia, two elements are likely to cause the condition which includes genetics and male sex hormones. It will likely drive the demand for the Hair Loss Treatment Gender segment across the forecast period.

Hair Loss Treatment Products Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of regional analysis, the Global Hair Loss Treatment Products Market is classified into North America, Europe, Asia Pacific, and Rest of the world. North America accounted for the largest market share and Europe was the second-largest in 2019. Rise in the aging population, growing hair loss concerns among people, increasing prevalence of skin diseases, shifting consumers toward organic or chemical-free products, and growing personal care spending are prime driving factors towards the growth of the beauty and personal care products industry in the U.S., which in turn propels the demand of hair growth category in the beauty industry.

Key Players

The “Global Hair Loss Treatment Products Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Cipla Limited, Viviscal Professional, Merck & Co. Inc., Dr Reddy’s Laboratories Ltd., Ranbaxy Laboratories Ltd., Vitabiotics, Ales Groupe, Johnson and Johnson, Nanogen, Kirkland Signature, and Others. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Cipla Limited, Viviscal Professional, Merck & Co. Inc., Dr Reddy’s Laboratories Ltd., Ranbaxy Laboratories Ltd., Vitabiotics, Ales Groupe, Johnson and Johnson, Nanogen, Kirkland Signature, and Others.

SEGMENTS COVERED

By Product, By Gender, By End-User, By Geography

CUSTOMIZATION SCOPE

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Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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