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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - 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
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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