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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 2013

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
$569m
Annual Growth 08-13
1.5%
Annual Growth 13-18
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Profit
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Employment
5,788
Businesses
4,000
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 incomes, 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 - Starting a New Business Chapter

The Hair Loss Treatment and Removal industry has low barriers to entry. Although industry revenue is relatively concentrated among three major chains, the overall industry is highly fragmented with many small firms, making it easy for new entrants to enter the market. Despite high competition, demand is growing sufficiently strong for new firms to attract customers.

Additionally, while technological change has increased over the past five years, it is still relatively moderate compared with other industries. Most technological developments are upgrades one existing laser and electrolysis equipment. Furthermore, industry operators primarily provide a service and only require an initial capital investment... 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
Hair replacementHair restorationDepilatory hair removalEpilation
 
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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