The global hair loss product market in the APAC region is witnessing high demand for hair products where sales of hair care products are likely to cross USD 38 billion by 2025.
According to the latest Arizton's market research report, the global hair loss products market size to cross USD 4 billion by 2025, growing at a CAGR of 6% during the forecast period.
Global Hair Loss Products Market Growth
The increasing number of customers demanding hair loss products to meet the functional purposes is driving the global hair loss products market over the last few years. The significant opportunities for growth in the anti-hair loss shampoo and conditioners segment due to their convenience of use is encouraging players to invest in research and development to offer enhanced products to customers. The number of people facing hair loss problems at some level is increasing the demand for hair loss products globally. The rising advocacy among consumers of all segments to wear their natural hair is leading to the high adoption of hair loss products to avoid harsh products, false hair products, as well as drugs and surgical treatments.
Rising Traction of Organic & Vegan Products
The emergence and rising adoption of organic, vegan, and halal products is offering lucrative opportunities for vendors to offer their cosmetic and topical products in the global hair loss products market. The entry of new players and growth in online channels are also aiding the growth of organic products. New market players are providing vegan products to cater to the rising consumer demand in the hair care market. Consumers are now actively looking for product labels with more natural ingredients as they appreciate and understand what such ingredients bring to beauty and general wellbeing.
- Market Size & Forecast by Revenue | 2019−2025
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Segmentation – A detailed analysis by product, gender, distribution channels, and geography
- Competitive Landscape – 5 Key Company Profiles and 38 Other Prominent Vendors
Global Hair Loss Products Market – Geographic Analysis
The global hair loss product market in the APAC region is witnessing high demand for hair products where sales of hair care products are likely to cross USD 38 billion by 2025. Which in turn, is influencing the manufacturers to set up production facilities across Asian countries. The inexpensive hair loss products are creating high demand among customers those are exploring cost effective alternatives to surgical hair replacement procedures. The US is the major revenue generator in North America and one of the leading countries in the global hair loss products market. With the rising awareness of the side effects associated with hair loss drugs and surgical procedures, North American retailers are witnessing a high demand for non-pharmaceutical hair loss products.
The global hair loss products market is characterized by the presence of multi-segmented international and regional vendors. It is estimated that international players will increase their footprint in the global hair loss products market. The market players are focusing on the acquisition of domestic brands to strengthen their product portfolio. Vendors are using the online medium to increase sales, where they are relying on social media to influence and attract consumers. Arizton’s market research report states that international players will grow inorganically by acquiring regional or local players in the coming years. Players are gaining market share by acquiring or joining hands with existing smaller domestic market players in the global hair loss products market.
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