Market Size of Europe Hair Loss Treatment Products Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 186.49 Million |
Market Size (2029) | USD 229.20 Million |
CAGR (2024 - 2029) | 4.21 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Hair Loss Treatment Products Market Analysis
The Europe Hair Loss Treatment Products Market size is estimated at USD 186.49 million in 2024, and is expected to reach USD 229.20 million by 2029, growing at a CAGR of 4.21% during the forecast period (2024-2029).
Throughout the pandemic, millions of Europeans suffered devastating emotional stress like watching a loved one die, losing a job, working in life-threatening conditions, and bearing the brunt of violent political unrest that resulted in extreme hair loss conditions. With the growing hair fall issues, there is a surge in demand for hair loss treatment products across the world. There is an increasing awareness that hair loss treatment can help prevent hair loss and regenerate hair growth. Hence the demand is rising for hair loss treatment products globally.
The changing lifestyle coupled with the hectic schedule of consumers is leading to high-stress levels, resulting in frequent hair loss at an earlier age among the young population. This, in turn, is boosting the demand for hair loss treatment products in the region. Moreover, growing disposable income increases purchasing power, and a high emphasis on appearances is also acting as the key driver for the growth of the market. However, the presence of alternative treatment options for hair loss, such as hair transplant surgery, laser, and light-based therapies, are a few restraints for the market.