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Hair Loss Treatment & Removal in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hair Loss Treatment & Removal Market Research Report | NAICS 81219b | Jan 2016

Renewed growth: The aging US population will drive demand for hair restoration services

IBISWorld’s Hair Loss Treatment & Removal market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
15.9%
Annual Growth 15-20
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Profit
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Employment
45,360
Businesses
17,827
Industry Analysis & Industry Trends

Although the recession led to reduced spending on industry services due to high unemployment and low disposable incomes, demand is forecast to pick up as the economy recovers. Industry growth will be driven by improving disposable income, an aging population and an increasing emphasis on outward appearance. Many major operators will seek to expand internationally and launch new brands, products and services. At the same time, they will continue to experience competition from substitutes, such as surgical procedures, pharmaceuticals, herbal remedies and lotions... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Hair Loss Treatment and Removal industry is in the growing stage of its life cycle. Industry value added (IVA), which measures an industry's overall contribution to the economy is anticipated to grow at an average 12.1% annually over the ten years to 2020. Meanwhile, GDP is expected to grow at an annualized 2.2% over the same period. IVA growth faster than the overall economy designates that an industry is growing. Additionally, rapid industry participation and sensitivity to technological innovations also indicate the industry's growth.

Over the ten years to 2020, the number of industry enterprises is expected to increase at an annualized 13.6%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hair Loss Treatment & Removal Industry?

This industry comprises establishments that primarily engage in nonsurgical treatments for hair loss and replacement, as well as hair removal and scalp treatment services. Hospitals and medical clinics that provide hair restoration surgeries are not included in this industry.

Industry Products
Temporary hair removalPermanent hair removal Hair replacement and restoration
 
Industry Activities
Operating depilatory (i.e. hair removal) salons Operating electrolysis (i.e. hair removal) salonsProviding hair loss treatment Providing hair weaving servicesProviding scalp treatment services


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