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
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 Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
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
Our hair has its own little routinegrowing, taking a break, shedding, and then starting all over again. But when that routine gets messed up, or the little hair-making machines (follicles) get damaged, we can see hair loss – basically, losing hair faster than it grows back. You might notice a receding hairline, clumps of hair coming out, or just an overall thinning. There are actually a bunch of different Products of hair loss, like Telogen Effluvium, Anagen Effluvium, and . Areata, Tinea Capitis, Cicatricial Alopecia, Hair Shaft Abnormalities, and even Hypotrichosis. And because more and more people are dealing with ongoing conditions like alopecia areata, the market for products is really taking off worldwide.
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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.
We're seeing more and more people looking for ways to deal with hair loss, which is why the market for hair loss treatment products is booming! Plus, there are just so many options out there now. But, it's not all smooth sailing. Strict rules and a general lack of trust and understanding among consumers are holding things back. And, with so many other options like surgeries and hair transplants, not to mention laser therapy and scalp reduction, it's going to be a challenge to keep up. Still, things are looking up! We expect the market to keep growing as companies come up with new and exciting products. Just look at all the new stuff in the works – companies are really pushing the boundaries with research into new chemicals and treatments.
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-
When we look at the market based on product type, we see it's basically split into three main categoriesVitamins and Supplements, Shampoos and Conditioners, and then everything else falls into "Others." Guess what? Vitamins and Supplements were the big winner in 2020, grabbing the biggest piece of the pie. And get this, they're expected to keep growing at a rate of around 3.49% each year! You know, hair loss is a super common problem, and thankfully, vitamins and minerals can often make a real difference. Vitamins are seriously key for your cells to grow and work right, and if you're short on them, well, that can lead to hair loss. Since supplements are usually pretty affordable and easy to get your hands on, it's a good idea to chat with someone about which vitamins and minerals might be best for tackling your hair loss. All this is likely to boost the demand for hair loss treatment products moving forward.
Hair Loss Treatment Products Market, By End-User
Dermatology Clinics
Homecare Settings
Salons
To Get Summarized Market Report By End-Users-
When we look at who's using hair loss treatments, we can break it down into a few key groupsDermatology Clinics, Homecare Settings, and Salons. In 2020, more people were getting treatment at Dermatology Clinics than anywhere else. But get this – we expect Homecare Settings to really take off, growing at a rate of 3.62% each year! Let's face it, losing your hair can be tough, and it's often linked to feeling down or even depressed. Whether it's a quick thing or sticks around, hair loss is a big worry for many. That's why more and more folks are heading to dermatology clinics, and we think this trend will continue. If you are concerned about hair loss, it's always a good idea to consult a medical professional for tailored advice.
Hair Loss Treatment Products Market, By Gender
Men
Women
Children
When we look at who's buying hair loss treatments, it breaks down by gender into , , and . Back in 2020, the men's segment was the biggest part of the market, and we're expecting it to keep growing at a rate of 3.51% each year. You know, male pattern baldness, or what doctors call androgenetic alopecia, runs in the family. It hits over half of all guys over 50. The American Hair Loss Association says that almost two out of three men will see some hair loss by 35, and a whopping 85% will by the time they hit 50! So, with androgenetic alopecia, it's usually a mix of your genes and those male hormones causing the problem. This will probably keep the demand strong for hair loss treatments geared toward the segment for years to come.
Hair Loss Treatment Products Market, By Geography
North America
Europe
Asia Pacific
Rest of the world
So, when we look at different regions, the Global Hair Loss Treatment Products Market breaks down into North America, Europe, Asia Pacific, and the Rest of the world. Back in 2019, North America led the way, holding the biggest chunk of the market, with Europe coming in second. What's fueling this market? Well, we're seeing more older folks, people are getting more worried about losing their hair, skin problems are becoming more common, and folks are leaning towards organic or chemical-free options. Plus, people in the U.S. are spending more on personal care items, which is boosting the whole beauty industry – and that's creating even more demand for hair growth products.
Key Players
Hey, looking for the lowdown on the "Global Hair Loss Treatment Products Market"? This study's got you covered! It's packed with insights, focusing on the global scene and spotlighting the big names like 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. We've even got a whole section just for these major players, where our analysts dig into their financial statements, benchmark their products, and run a SWOT analysis. Plus, we break down the competitive landscape, including key strategies, market share, and even rank these players on a global scale!
Report Scope
REPORT ATTRIBUTES
DETAILS
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
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
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