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Global hair loss products Market InsightJanuary 4, 2022 Comments
The hair loss products are forecast to steady growth the next four years. According to the World Knowledge Information (WKI) “Global hair loss products Professional Survey Report 2021, Forecast to 2026″, Due to increased life pressure, unhealthy lifestyles (such as excessive drinking and smoking), increased disposable income, and increased emphasis on appearance, the development of the hair loss product industry market has been promoted. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 4.78% base on WKI regression analysis model.
” Although the efficacy of hair loss products is important, the issue of ingredient safety should not be underestimated.“said Amy, Senior analyst, Consumer Goods Market Research Center in WKI.” Due to severe postpartum hair loss and the constant pursuit of beauty, it is predicted that female consumers will still occupy a major market share in the future. Hair transplants, lasers and light therapy, which have an immediate effect on hair loss treatments, may in the future replace consumer demand for hair loss products in the market. However, since these methods are still relatively expensive, they are not expected to have a major impact in the short term.”
Due to the increasing environmental pollution and excessive intake of chemical substances, the problem of hormone imbalance has become the norm, causing serious hair loss problems. In the United States alone, 80 million men and women are suffering from hair loss. According to the American Hair Loss Association, more than 95% of male hair loss is caused by androgenetic alopecia. By the age of 35, it is estimated that more than 66% of men will experience hair loss. Consumers are actively seeking safe, natural and healthy hair loss treatment products. During the COVID-19 period, due to rising unemployment, increased life pressure, and decreased sleep quality, the problem of hair loss has become more serious. The growing problem of hair loss has made consumers increasingly aware of hair loss treatments, starting from March 2020 as of May 2020, searches for “hair loss” on Sephora’s website have increased by 409% year-on-year.
This WKI market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hair loss products companies that include L’Oreal, Shiseido, Johnson＆Johnson, Nutrafol and others.
Segmentation of Hair Loss Products Market:
Due to social media promotion, more and more consumers pay attention to the safety of product ingredients, and more than 80% of women are worried about the ingredients in basic care-related products. Therefore, hair loss products with organic and natural ingredients that are harmless to the human body have become the first choice of consumers. Shampoos and conditioners are daily necessities and are easy to use. Therefore, shampoos and conditioners with the effect of treating hair loss occupy a major market share, and are especially favored by male consumers. Due to the impact of COVID-19 and the speed of online shopping, most consumers choose to buy hair loss products online.
Hair Loss Products Market: Regional Analysis
In terms of geographic location, the global hair loss product market has been subdivided into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. North America occupies a major share of the global hair loss products market. This is due to the aging of the area. Due to the serious hair loss problem and the accelerated aging rate, the United States will occupy the main market in the region. The European region occupies the second largest market. It is expected that during the forecast period, the Asia-Pacific region will grow at the fastest compound annual growth rate. The huge population is a key factor driving regional growth. The economic improvement and per capita health care expenditure in developing countries such as India, China and Singapore will create powerful business opportunities.
Largest share area：North America
Largest share country：the United States