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Hair Loss Treatment and Removal in the US Industry Market Research Report from IBISWorld Has Been Updated
Date:1/4/2014

New York, NY (PRWEB) January 04, 2014

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 2013, revenue is expected to grow an average 1.5% annually to $568.6 million, including a 1.4% increase in 2013 alone after a slight dip during the recession. Hair treatment centers can attribute this growth to the rising emphasis consumers have placed on physical appearance. This focus has transitioned industry services from purely cosmetic, discretionary treatments to procedures necessary for general personal upkeep. Aging males seeking hair loss treatment and females seeking hair removal services dominate industry demand. These markets, along with modifications to the way hair care centers operate their businesses, helped keep the Hair Loss Treatment and Removal industry afloat during the recession.

According to IBISWorld Industry Analyst David Yang, “Over the past five years, hair care centers have adapted to the widening availability of more effective forms of treatment.” For example, hair loss treatment companies have been championing nonsurgical hair replacement techniques that provide consumers with real human hair weaved in between their existing follicles. Hair removal centers have also benefited from significant technological advancements. Many removal clinics now advocate laser removal methods and other forms of electrolysis as the most effective treatment. “Profit margins slightly declined, however, as competition intensified and firms lowered prices to attract customers during the recession,” says Yang.

Revenue for the Hair Loss Treatment and Removal industry is projected to grow over the next five years. The widening ac
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