Market Size of Medicated Shampoo Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.80 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Medicated Shampoos Market Analysis
The medicated shampoo market is expected to witness a CAGR of 3.8% during the forecast period (2020-2025).
- Consumers' exposure to excessive sunlight, unhygienic environment, and other harmful chemicals in day-to-day life leads to their growing concerns about various hair-related problems caused by harmful exposure. As a result, over the past couple of years, the world has witnessed a rise in demand for various hair care products, which triggered the demand for medicated shampoos as well.
- Medicated shampoo is designed to treat various fungal infections affecting the scalp, like dandruff and psoriasis. Medicated shampoo is also used to control flaky and itchy scalp, which the consumers encounter in day-to-day life.
- Rising concerns over hair-related issues, increasing consumer inclination toward hair maintenance, and newly formulated product launches on a global level are projected to remain prominent market trends.