Latest niche market research study on “Global Hair Loss Treatment Products Market-Growth, Trends, and Forecast (2018-2023)” published at OrbisResearch.com
The Global Hair Loss Treatment Products market is expected to reach USD 934 million by 2023, witnessing a healthy CAGR during the forecast period. Asia-Pacific holds the most significant share in global Hair Loss Treatment market. About 41 million units of Hair Loss Treatment Products consumed globally in 2017, is registering a stable growth during the forecast period. Increased hair loss due to changing lifestyle and exposure to the environment have primarily driven the hair loss treatment market growth. Increased technological advancement of laser hair treatment is affecting the market growth.
North America Holds the Largest Hair Loss Population
More than 80 million men and women are suffering from hair loss problems in the US alone which has primarily driven the market. Consumers are seeking products with active ingredients to treat hair loss problems. According to the American Hair Loss Association, more than 66% of men are expected to experience hair loss problems by the age of 35 years. Besides, about 85% of the men are projected to have thinner hair by 55 years old. More than 21 million women are suffering from severe hair loss problems with about 40% of them getting active treatments. Consumers are actively seeking hair loss treatment products which are safe, natural and healthy to use. North America hair loss treatment products volume sale is expected to witness a CAGR of 2.4% during the forecast period.
Aging Population Driving Sales in Hair Loss Treatment Products Market
Increased aging population in the developed region – Europe and North America have driven the hair loss treatment products market. Consumers especially women are looking for natural and safe products instead of going for laser hair treatment. According to the Eurostat, the population in European Union aged 15-64 year is expected to decline by 2060, while the population above 60 years is expected to grow from 18% to 30% during the same period. Similarly, in America, the aging population is forecasted to be doubled by 2060 to reach 98 million. Increased hair loss problems due to aging have strongly affected the market growth.
Key Developments
Nov 2017 – The premium skincare brand, Vichy Cosmetics launched hair loss treatment products containing five active ingredients for both men and women in Malta. The product claim that it can rebalance and recreate a healthier scalp for hair growth.
The global Hair Loss Treatment Products market is competitive with many regional and international brands occupying a significant share of the market. Medicinal, OTC drugs, and laser hair treatments are the major challenge for manufacturers.
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Major Players include – JOHNSON & JOHNSON SERVICES INC., KAO CORPORATION., MARICO LTD., HENKEL AG & CO KGAA, L`OREAL S.A. amongst others.
Reasons to Purchase Hair Loss Treatment Products Market Report
Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics scenario, along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Global, regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
Distribution Channel sales Analysis by Value
Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategy employed by the major market players
3-month analyst support, along with the Market Estimate sheet in excel.
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Few points from Table of Contents:
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Scope of the Market
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Design
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Market Overview
3.1 Market Trends
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Increased Hair loss Problems and Aging Population
3.2.1.2 Increased Demand for Naural Products
3.2.1.3 Rising Disposable Income
3.2.2 Restraints
3.2.2.1 Laser Hair Treatment and OTC Drugs
3.2.3 Opportunities
3.2.4 Porter’s Five Forces Analysis
3.2.4.1 Bargaining Power of Suppliers
3.2.4.2 Bargaining Power of Buyers
3.2.4.3 Threat of New Entrants
3.2.4.4 Threat of Substitute Products and Services
3.2.4.5 Degree of Competition
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