The Global Hair Loss Products Market to Reach Revenues of Over $4 Billion During the Period 2020 −2025 - Market Research by Arizton

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May 12, 2020, 09:00 ET

CHICAGO, May 12, 2020 /PRNewswire/ -- According to Arizton's recent research report, Hair Loss Products Market - Global Outlook and Forecast 2020-2025 is expected to grow at a CAGR of around 6% during the period 2019−2025.

Key Highlights Offered in the Report:

Hair loss products market will witness a revenue addition of $1.22 billion to the global market by 2025
Shampoo and conditioners for women will account for an incremental revenue of $375 million but the men's segment will grow at a higher CAGR of around 7% during the forecast period.
Skinification of hair is the latest market trend that is underpinning revenue growth worldwide.
APAC is estimated to be the fastest growing region in the global hair loss products market with a CAGR of approximately 7% during the forecast period.
Rising availability of products with onion and argan oil can significantly impact the market growth and should be backed with appropriate marketing efforts.
Hair oils have traditionally been accepted as nourishing applicants for hair in countries like India and with emergence of onion-based hair oils for hair growth, the segment is expected to witness revenue addition and account for around 20% revenue share in 2025.
More than 80% of the women are apprehensive about the ingredients in the products related to hair. Most women are not only demanding organic products, but a detailed list of the constituents as well.

Key Offerings:

Market Size & Forecast by Revenue | 2019−2025
Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
Market Segmentation – A detailed analysis by products, end-users, format, distribution, and geography
Competitive Landscape – Profile of 5 key vendors and 38 other vendors

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Hair Loss Products Market – Segmentation

The rapid growth of the hair loss shampoos & conditioners segment is due to the new demand from secondary markets like India, Malaysia, Brazil, Turkey, and Argentina. With the rising awareness and overall hair care trends, shampoos & conditioners are the most frequently bought hair care product in the global market.
The women segment dominated the global hair loss products market in terms of market share as well as revenue in 2019. The women segment is expected to maintain its dominance throughout the forecast period due to the increasing fashion awareness and collective popularity of hair care products amongst women.
The purpose of multi-channel is to diminish the gap between different distribution channels and provide a common path for engagement with consumers. One such example of multi-channel sales is the launch of pop-up stores. Pop-up stores provide engagement and consumer interaction to online as well as offline consumers.

Market Segmentation by Product

Shampoos & Conditioners

Women
Men

Hair Oil

Women
Men

Serum

Women
Men

Others

Women
Men

Market Segmentation by Genders

Shampoos & Conditioners
Hair Oil
Serum
Others

Women

Shampoos & Conditioners
Hair Oil
Serum
Others

Market Segmentation by Distribution Channels

Offline
Online

Hair Loss Products Market – Dynamics

The grooming industry has formulated unique and innovative solutions for males owing to the rising preference for beauty care products among male consumers. With hair fall control shampoos and conditioners available for decades, the new product category of cleaning, conditioning, and moisturizing the hair has grown in recent years and is expected to witness rapid growth during the forecast period. This trend is a major growth enhancer for hair loss products like serums, masks, creams, and other topical leave-in products designed to reduce hair fall and promote hair growth. The trend has enabled most of the beauty care players to either widen their product offerings that are ideal for hair strengthening or introduce a new product category specialized in hair care solutions.

Key Drivers and Trends fueling Market Growth:

Rising Traction of Organic & Vegan Products
Skinification of Hair
Rising Awareness & Adoption of Topical Hair Loss Products
Alarming Side-effects of Hair Loss Pharmaceuticals & Surgical Procedures

Hair Loss Products Market – Geography

The global hair care industry and premium cosmetics are witnessing high penetration in the Western countries of Europe and North America. However, the market is in a rapid growth phase in APAC, Latin America, and MEA regions. The growth in these regions is also propelled by the pre-existing awareness and rising trend in the grooming industry as well as the rising adoption of multi-step hair care routines. Further, the adoption rate in developed economies can be significant and spread among the age group of 15−64 years, whereas in other growing economies, the millennials continue to be the major drivers of market momentum. However, the presence of hair care salons and growing internet penetration can lead to wider adoption that will eventually pave the way for new entrants. The rising adoption of topical hair loss products is also fueled by high disposable income among consumers over the next five years.

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Market Segmentation by Geography

Europe

Spain
Germany
Italy
France
UK

North America

US
Canada

APAC

South Korea
China
Japan
Australia
India

Latin America

Brazil
Mexico

MEA

Turkey
Saudi Arabia
South Africa
UAE

Major Vendors

Henke
Loreal
Unilever
P&G
Henkel
Coty

Other vendors include – Revlon, Estée Lauder, Kao Corporation, Shiseido, Hoyu, Developlus, Embelleze, Natulique, Kevin Murphy, AmorePacific, Maria Nila, Godrej, Davines, Johnson & Johnson, Honasa, Cellmid, Pureology, Aveda, Lipogaine, DS Healthcare, Hims, Keeps, Harklinikken, Beardo, Natura & Co, Forrest Essentials, The Man Company, Shahnaz Husain Group, Dr. Batra's, Himalaya Herbals, Brillare, Isdin, Wow Science, Khadi Natural, Kama Ayurveda, Sebapharma, Biotique, and Veta.

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About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

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SOURCE Arizton Advisory & Intelligence