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

The Hair Loss Treatment and Removal industry provides consumers with a variety of procedures and treatments that address many hair care needs. Over the five years to 2017, industry revenue is expected to grow. Industry operators can attribute recent growth to the rising emphasis consumers have placed on physical appearance. This focus has transitioned industry services from purely cosmetic, discretionary treatments to procedures deemed necessary for general personal upkeep. Over the past five years, hair care centers have adapted to the widening availability of more effective forms of treatment. Over the five years to 2022, revenue for the Hair Loss Treatment and Removal industry is projected to grow at a slightly more subdued annualized rate...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
12.9%
Forecast Growth 17-22
Profit
Employment
87,338
Businesses
63,158
Market Share of Companies

Industry Threats & Opportunities

  • Hair loss treatment companies have been championing nonsurgical hair replacement techniques
  • Hair replacement services has been the smallest yet most consistent industry service segment
  • Pharmaceutical companies will invest heavily in R&D of FDA-approved hair removal prescriptions
  • Industry Report - Industry Key Buyers Chapter

    The Hair Loss Treatment and Removal industry is highly fragmented, with only one company generating over 5.0% of industry revenue. Over the past five years, market share concentration has decreased due to the exit and consolidation of many permanent hair removal companies. In 2014, American Laser Skincare exited the industry after filing for bankruptcy in 2012. Prior to its departure, the company was estimated to account for about 5.0% of company revenue. Companies that offer permanent hair removal services typically have higher capital costs and often struggle to attain positive profit margins during times of slow demand. As these service providers represented a smaller portion of industry revenue over the past five years, market share concentration decreased...purchase to read more.

    Additional Insights for the Hair Loss Treatment & Removal Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hair Loss Treatment & Removal Industry are

  • Ability to provide goods/services in diverse locations
  • Receiving the benefit of word of mouth recommendations
  • Monitor and implement new research and technological developments
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Number of adults aged 50 and older in the Hair Loss Treatment & Removal industry impact industry performance..

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    What's in this report

    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 removal
  • Permanent hair removal
  • Hair replacement and restoration
  • Industry Activities
  • Operating depilatory (i.e. hair removal) salons
  • Operating electrolysis (i.e. hair removal) salons
  • Providing hair loss treatment
  • Providing hair weaving services
  • Providing scalp treatment services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Number of adults aged 50 and older
  • Consumer Confidence Index
  • External competition for the Hair Loss Treatment and Removal industry

  • Current Performance
  • Patchy growth
  • Profit and participation
  • Chart: Revenue Growth

  • Industry Outlook
  • Competitive environment
  • Profit and participation
  • Table: Hair Loss Treatment & Removal Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Hair Loss Treatment & Removal Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Advertising Agencies
  • Drug, Cosmetic & Toiletry Wholesaling
  • Electrical Equipment Manufacturing
  • Specialist Doctors

  • Products & Services
  • Temporary hair removal
  • Permanent hair removal
  • Hair replacement and restoration
  • Chart: Hair Loss Treatment & Removal Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged 45 to 64
  • Consumers aged 25 to 44
  • Consumers aged 65 and older
  • Consumers aged 24 and younger
  • Chart: Major Market Segmentation for the Hair Loss Treatment & Removal Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesRent, marketing and depreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Hair Loss Treatment & Removal

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Hair Loss Treatment & Removal Industry

  • Industry Globalization
    Ideal Image Development Inc.,
  • Table: Ideal Image Development Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Hair Loss Treatment & Removal Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Hair Loss Treatment & Removal Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of adults aged 50 and over (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Depilatory
  • Substance used to remove unwanted hair
  • Electrolysis
  • The removal of hair using electrically charged probes.
  • Epilation
  • The removal of hair by the roots
  • Hair Removal
  • Removal of unwanted body hair on a temporary or permanent basis.
  • Hair Restoration
  • Restoration of hair loss by surgical or nonsurgical methods.
  • Male Pattern Baldness
  • A common form of hair loss on males in a well-defined pattern that begins above both temples and thins at the crown of the head.
  • Sugaring
  • A hair removal practice that use an all natural paste or gel made from food-derived ingredients like sugar, water and lemon juice to remove the hair follicle from the root.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Hair Loss Treatment & Removal Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Hair Loss Treatment & Removal:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Hair Loss Treatment & Removal market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Hair Loss Treatment & Removal, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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