Market Size of North America Hair Loss Treatment Products Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.35 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Hair Loss Treatment Products Market Analysis
The North American Hair Loss Treatment Products market is expected to witness a CAGR of 4.35% during the forecast period.
- Increased hair loss due to changing lifestyles and exposure to the environment have primarily driven the hair loss treatment products market growth in North America. One of the key trends within hair care in the United States is the natural hair growth movement, which encourages women to spend more on hair treatment products such as shampoos, conditioners, hair oil, supplements, etc.
- The growing popularity of brands whose original purpose was maintaining natural hair growth and increasing inclination toward the origin-specific ingredients and free-from formulations commonly found in natural hair care products is expected to change the market dynamics in upcoming years.
- A legitimate subcategory of the hair-care market, skin care-inspired products for hair have emphasized the health of the hair and scalp over providing an aesthetic benefit. However, with the growing use of shine sprays and hair glosses, there are indications that the skinification of hair is evolving. Shiny hair is considered indicative of health and youthfulness, and it is considered one of the major trends in the hair care sector.
- Thus, emphasis from manufacturers toward product launches and increasing expenditure on the overall hair care industry is certainly boosting the hair loss treatment products demand as hair loss is a major concern among the younger population, and therefore, people spend a significant amount on hair care products annually.
