Hair Loss Treatment Products Market: Trends Forecast Till 2030


Posted November 23, 2023 by delvens123

One of the main advantages of the study report that offers both qualitative and quantitative aspects of the Hair Loss Treatment Products Market is its high-quality content.

 
The characteristics that have fuelled and restrained the market's expansion are also covered in this market analysis and research survey. The primary industry's trend and the estimated volume of the global market, derived from provincial estimations, are also included in the research outline. Additionally, it provides information on a subset of the entire industry, recent developments, the impact of domestic and limited market players, and an analysis of opportunities related to emerging income pockets, shifts in market tactics, product confirmations, pivotal decisions, product launches, landscape expansions, and technological advancements and market holdings.
Hair Loss Treatment Products Market Overview
The global Hair Loss Treatment Products Market size is projected to reach a CAGR of 3.56% from 2023-2030.
Hair goes through a cycle of growing, resting, falling out, and regenerating. Hair loss is defined by the disruption of this cycle, or the damage to the hair follicles, 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 Alopecia. 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 hair loss treatment products market around the world.
The growth of the market is due to 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. One of the major factors in the extensive growth of the hair loss product market is the increase in demand for topical solutions. Topical treatment is one of the safest and yet the most effective method for the treatment of hair loss developed by the industries. The introduction of various topical products based on the pattern of baldness makes it easier for the population to put their hands on the market.
On the other hand, the presence of various alternative treatment options for hair loss, including laser hair therapy, hair transplant surgery, and light-based therapies is anticipated to restrain the global hair loss treatment products market during the forecast period.
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The COVID-19 pandemic positively influenced consumers’ spending habits and purchase decisions. However, there were restrictions on import and export in most countries, which reduced the supply of medicines for hair loss, such as Carospir, Aldactone, minoxidil, and finasteride. Despite this, several companies witnessed huge growth in selling hair loss treatment products online. Zalando, Europe’s fashion and lifestyle e-commerce company, witnessed a Y-O-Y increase of 300% in sales of skin, nail, and hair care products, including hair loss treatment products, in 2020. Although the COVID-19 pandemic propelled direct-to-consumer e-commerce through brands’ websites, shippable social-media platforms, and marketplaces, it also increased the volume of counterfeit products targeting less savvy and elderly shoppers new to e-commerce.
Delvens Industry Expert's Standpoint
The growth of the global Hair Loss Treatment Products Market is anticipated to be positively propelled by various analysis factors. One of the prominent reasons behind the extensive growth of the hair loss product market is the surge in demand for topical solutions. Among the various treatment methods for hair loss developed by the industries, topical treatment is considered to be one of the safest and yet the most effective. This has contributed significantly to the growth of the hair loss treatment products market globally.
Key Findings
• The product segment is further segmented into Vitamins and Supplements, Shampoos and Conditioners, and Others. The vitamins and Supplements segment accounted for the largest market share during 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 they can cause hair loss when they are deficient. Supplementation is moderately affordable and easily accessible; it is important to take an opinion regarding which vitamins and minerals should be considered in treating hair loss. It will likely drive the demand for the Hair Loss Treatment Products segment across the forecast timeline.

• The end-user segment is further segmented into Dermatology Clinics, Homecare Settings, and Salons. The dermatology segment is anticipated to reach the highest CAGR during the forecast period. Hair loss can be temporary or a long-lasting problem. Rising severe hair issues among the population are considered to be the prime driving factor towards the growth of the dermatology clinics segment in the hair loss treatment products market and this will grow constantly throughout the estimated period.
• Based on gender segment, the market is further segmented into Men, Women, and Children. The men’s segment is anticipated to reach the highest CAGR during the forecast period. Male pattern baldness which is also known as androgenetic alopecia is an inherited trait. In the case of male pattern baldness, or androgenetic alopecia, two elements are likely to cause the condition which include genetics and male sex hormones. It will likely drive the demand for the Hair Loss Treatment Gender segment across the forecast period.
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Hair Loss Treatment Products Market Regional Analysis
North America to Dominate the Market
• North America is projected to account for a leading share of the global hair loss treatment products market during the forecast period, due to a rise in patient population, increasing changes in lifestyle, rise in hair loss, increasing aging population, increase in research & development activities, availability of well-established health care infrastructure, continuous technological advancements, rise in the number of well-equipped laboratories, and presence of key players in the region.
Hair Loss Treatment Products Market Competitive Landscape
• Cipla Limited
• Viviscal Professional
• Merck & Co. Inc.
• Dr. Reddy’s Laboratories Ltd.
• Ranbaxy Laboratories Ltd.
• Vitabiotics
• Ales Groupe
• Johnson and Johnson
• Nanogen
• Kirkland Signature.
Hair Loss Treatment Products Market Recent Developments
• In 2021, skincare brand Vichy Cosmetics, owned by L`Oreal SA, inaugurated hair loss treatment commodities consisting of five functional ingredients for men and women in Malta. The brand stated that the products could recreate and rebalance a healthier scalp for hair regrowth.
• In 2020, H&M’s Afound introduced its wide range of beauty and hair care products range to expand its online presence around the regions of the Netherlands, Germany, and Austria. The company seeks to attract existing consumers by giving fashion an upper edge and also offering sustainable shopping options.
Reasons to Acquire in the Hair Loss Treatment Products Market
• Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
• Gain authentic and granular data access for Hair Loss Treatment Products Market to understand the trends and the factors involved in changing market situations.
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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Frequently Asked Questions
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Issued By Delvens
Country Malaysia
Categories Business , Consumer
Last Updated November 23, 2023