Product Code: RP-ID-10151788 |
Published Date: 21 Oct 2022 |
Region: Global |
Category: Healthcare & Pharmaceuticals |
Report ID: 10151788
Market Overview:
Global Management of Hair Loss Industry Market Research 2022-2030
During the forecast period, the global hair loss treatment product market is expected to grow at a compound annual growth rate of 4% between 2022-2030: the main market driver is lifestyle changes and busy schedules will increase stress levels, which can lead to frequent hair loss. Young people's hair loss Earlier, disposable income increased, and the emphasis on external appearance increased. The existence of alternative treatments for hair loss, such as hair transplant surgery, laser, and light therapy, and high drug costs, will limit the market during the forecast period.
Report Scope:
The global hair loss treatment product market is divided by distribution methods, such as supermarkets and hypermarkets, convenience stores, specialty stores, pharmacies, online retailers, etc.; main market trend: increasing attention to female hair loss Hair loss is faced by men and women all over the world A key question. Due to androgenetic alopecia or common male pattern baldness (MPB), men suffer from hair loss for a long time.
However, recently, female hair loss is increasing due to external factors such as environmental pollution and chemical substances. According to data from the American Academy of Dermatology, 40% of women experience significant hair loss at the age of 40. In most cases, female hair loss affects their self-image and emotional health. Therefore, the American Hair Loss Association recognizes that female hair loss is a serious, life-changing condition that can no longer be ignored. Hormonal imbalances and diseases are the main causes of hair loss. In this case, hair loss usually reverses naturally because the subject will experience unpredictable patterns of growth and hair loss.
Asia-Pacific region dominates the market:
North America has a huge hair loss drug market, which will dominate the market during the forecast period, followed by Europe. According to the American Hair Loss Association, more than 80 million men and women suffer from hair loss in the United States alone. Organizations such as NAAF and the American Hair Loss Association have taken many positive initiatives. According to Eurostat data, by 2060, the EU population aged 15 to 60 is expected to decline, while the population over 60 is expected to increase from 18% to 30%. Similarly, in the United States, the aging population is expected to double to 98 million by 2060. The increase in hair loss caused by aging has strongly affected the growth of the market.
Competitive landscape
The hair loss treatment market is highly competitive, with a large number of international and regional companies competing for funds. Beauty and pharmaceutical companies are developing new formulations and product launches to keep up with the technological advances in new product launches.
Major Players
The Procter & Gamble Company
L'Oréal S.A.
Unilever
Taisho Pharmaceutical Co., Ltd.
Merck & Co., Inc
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