Market Overview:
The global hair growth treatment product market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into herb, medicine and nutrition tonic. The herb segment dominates the global hair growth treatment product market with a share of more than 50%. This can be attributed to its easy availability and low cost as compared to other types of products available in the market. On the basis of application, male-pattern hair loss accounts for majority share in terms of revenue followed by female-pattern hair loss.
Product Definition:
A hair growth treatment product is a type of cosmetic product that is designed to improve the appearance and health of hair. These products may contain ingredients such as vitamins, minerals, proteins, and herbal extracts that are purported to promote hair growth. Some products are marketed specifically for men or women, while others are designed for all hair types.
Herb:
According to the National Center for Biotechnology Information, herb is a plant material used in medicines or as a food flavoring agent. The medicinal properties of herbs can be attributed to their ability to act as an adaptogen, anti-inflammatory, antimicrobial and antifungal. They are also useful in treating digestive disorders and respiratory problems among others. Growing consumer awareness regarding natural products coupled with increasing demand for herbal supplements may drive market growth over the forecast period.
Medicine:
Medicine is a substance or combination of substances which are used in the treatment of diseases. It can be used by itself or in combination with other medicines. The medicine which is used for hair growth treatment contains minoxidil, Finasteride and dutasteride among others. These medicines act as anti-androgenic agents that inhibit the production of Dihydrotestosterone (DHT) by the scalp skin cells and promote the production of Testosterone (T).
Application Insights:
Male-pattern hair loss held the largest share of over 60.0% in 2017. The segment is expected to witness significant growth during the forecast period owing to rising awareness about hair fall and increasing cases of male pattern baldness. In addition, product innovations such as new delivery forms and brand expansions are anticipated to boost industry growth during the forecast period. For instance, in April 2018, Procter & Gamble launched a new shampoo under its Head & Shoulders brand for men that claims to stop thinning Hair by restoring thicker texture and stronger density at the crown area of scalp.
Female-pattern hair loss is estimated to be one of the fastest growing segments due largely on increasing awareness about female hereditary Hair Loss condition known as Androgenetic Alopecia (HA). Various treatment options such as medication pills, injections along with surgical procedures are available for this condition which indicates rising demand for female-pattern hair loss treatment products globally over the projected period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness about hair loss and other associated disorders, rising disposable income, availability of effective treatment options, and high demand for natural products among consumers.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving economic conditions in emerging countries such as India and China. Growing population, rapid urbanization along with increased spending on personal care products are some of the factors driving regional growth. Moreover, an increase in research & development activities by key companies will boost product penetration further driving revenue generation opportunities for manufacturers during this period (2018 - 2030).
Key players operating in Asia Pacific include BK Medical Corporation; Lanzhou Institute of Biological Products Co., Ltd.; Soh-cha Pharmaceutical Co., Ltd.; Zhejiang Huayuan Bio-Tech Co., Ltd.
Growth Factors:
- Increasing awareness about the benefits of hair growth treatment products.
- Rising demand for natural and organic hair growth treatment products.
- Growing popularity of home remedies for hair growth treatment.
- increasing number of people suffering from hair loss or baldness .
Scope Of The Report
Report Attributes
Report Details
Report Title
Hair Growth Treatment Product Market Research Report
By Type
Herb, Medicine, Nutrition Tonic
By Application
Male-pattern Hair Loss, Female-pattern Hair Loss
By Companies
Johnson & Johnson, Merck, Costco, Wild Growth, Nutrafol, Pureauty Natural, Grow Gorgeous, YANAGIYA HAIR TONIC, Aveda, POLA, Johnson & Johnson, Body Shop, Bawang Group, SHISEIDO, Cipla
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Hair Growth Treatment Product Market Report Segments:
The global Hair Growth Treatment Product market is segmented on the basis of:
Types
Herb, Medicine, Nutrition Tonic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Male-pattern Hair Loss, Female-pattern Hair Loss
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson & Johnson
- Merck
- Costco
- Wild Growth
- Nutrafol
- Pureauty Natural
- Grow Gorgeous
- YANAGIYA HAIR TONIC
- Aveda
- POLA
- Johnson & Johnson
- Body Shop
- Bawang Group
- SHISEIDO
- Cipla
Highlights of The Hair Growth Treatment Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Herb
- Medicine
- Nutrition Tonic
- By Application:
- Male-pattern Hair Loss
- Female-pattern Hair Loss
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hair Growth Treatment Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hair growth treatment products are a type of topical medication that help to promote hair growth. They can be used in conjunction with other hair growth treatments, such as minoxidil or finasteride, to help increase the effectiveness of those treatments.
Some of the major companies in the hair growth treatment product market are Johnson & Johnson, Merck, Costco, Wild Growth, Nutrafol, Pureauty Natural, Grow Gorgeous, YANAGIYA HAIR TONIC, Aveda, POLA, Johnson & Johnson, Body Shop, Bawang Group, SHISEIDO, Cipla.
The hair growth treatment product market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hair Growth Treatment Product Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hair Growth Treatment Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hair Growth Treatment Product Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hair Growth Treatment Product Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hair Growth Treatment Product Market Size & Forecast, 2018-2028
4.5.1 Hair Growth Treatment Product Market Size and Y-o-Y Growth
4.5.2 Hair Growth Treatment Product Market Absolute $ Opportunity
Chapter 5 Global Hair Growth Treatment Product Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hair Growth Treatment Product Market Size Forecast by Type
5.2.1 Herb
5.2.2 Medicine
5.2.3 Nutrition Tonic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hair Growth Treatment Product Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hair Growth Treatment Product Market Size Forecast by Applications
6.2.1 Male-pattern Hair Loss
6.2.2 Female-pattern Hair Loss
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hair Growth Treatment Product Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hair Growth Treatment Product Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hair Growth Treatment Product Analysis and Forecast
9.1 Introduction
9.2 North America Hair Growth Treatment Product Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hair Growth Treatment Product Market Size Forecast by Type
9.6.1 Herb
9.6.2 Medicine
9.6.3 Nutrition Tonic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hair Growth Treatment Product Market Size Forecast by Applications
9.10.1 Male-pattern Hair Loss
9.10.2 Female-pattern Hair Loss
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hair Growth Treatment Product Analysis and Forecast
10.1 Introduction
10.2 Europe Hair Growth Treatment Product Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hair Growth Treatment Product Market Size Forecast by Type
10.6.1 Herb
10.6.2 Medicine
10.6.3 Nutrition Tonic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hair Growth Treatment Product Market Size Forecast by Applications
10.10.1 Male-pattern Hair Loss
10.10.2 Female-pattern Hair Loss
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hair Growth Treatment Product Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hair Growth Treatment Product Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hair Growth Treatment Product Market Size Forecast by Type
11.6.1 Herb
11.6.2 Medicine
11.6.3 Nutrition Tonic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hair Growth Treatment Product Market Size Forecast by Applications
11.10.1 Male-pattern Hair Loss
11.10.2 Female-pattern Hair Loss
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hair Growth Treatment Product Analysis and Forecast
12.1 Introduction
12.2 Latin America Hair Growth Treatment Product Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hair Growth Treatment Product Market Size Forecast by Type
12.6.1 Herb
12.6.2 Medicine
12.6.3 Nutrition Tonic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hair Growth Treatment Product Market Size Forecast by Applications
12.10.1 Male-pattern Hair Loss
12.10.2 Female-pattern Hair Loss
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hair Growth Treatment Product Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hair Growth Treatment Product Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hair Growth Treatment Product Market Size Forecast by Type
13.6.1 Herb
13.6.2 Medicine
13.6.3 Nutrition Tonic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hair Growth Treatment Product Market Size Forecast by Applications
13.10.1 Male-pattern Hair Loss
13.10.2 Female-pattern Hair Loss
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hair Growth Treatment Product Market: Competitive Dashboard
14.2 Global Hair Growth Treatment Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson & Johnson
14.3.2 Merck
14.3.3 Costco
14.3.4 Wild Growth
14.3.5 Nutrafol
14.3.6 Pureauty Natural
14.3.7 Grow Gorgeous
14.3.8 YANAGIYA HAIR TONIC
14.3.9 Aveda
14.3.10 POLA
14.3.11 Johnson & Johnson
14.3.12 Body Shop
14.3.13 Bawang Group
14.3.14 SHISEIDO
14.3.15 Cipla
