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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 | Dec 2014

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

IBISWorld’s Hair Loss Treatment & Removal market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$590m
Annual Growth 09-14
3.2%
Annual Growth 14-19
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Profit
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Employment
5,894
Businesses
4,035
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 Analysis Chapter

The Hair Loss Treatment and Removal industry has fared well over the five years to 2014. IBISWorld estimates that industry revenue grew over this period at an average annual rate of 3.2% to total $590.1 million. This robust growth is largely attributable to healthy rebounds following volatile revenue performance throughout the recession. In 2009, the economic downturn convinced consumers to curtail spending on discretionary products, such as cosmetic care services, in the midst of rising unemployment and decreasing household disposable income. Fortunately, the industry quickly bounced back in 2010 and 2011, growing 5.0% and 7.0%, respectively. In 2014, revenue is estimated to increase a modest 1.1%... 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 replacementHair 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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