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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

ceptance of hair loss treatment procedures and laser removal technology will boost industry revenue. Profit will also improve as increasing disposable income spurs demand for higher-margin medications and treatment procedures. In addition, hair care centers will begin expanding their target markets in hopes of boosting sales. Gender lines will be blurred as more males use hair removal procedures and more women undergo hair loss treatments. Finally, demand from adults over the age of 50, the industry's most stable market, will also increase. The population will continue to age and the number of adults in this age group will eclipse 114 million people by 2018. All of these factors will contribute to steady growth for the industry over the next five years.

Overall, hair loss treatment and hair restoration is a very large business sector and mostly fragmented with small, private operators. However, most hair restoration operations are surgical procedures and accounted for in the healthcare sector (IBISWorld 62 series). The non-surgical Hair Loss Treatment and Removal industry is dominated by three large chains, resulting in a medium level of market share concentration. Over the past five years, the number of small businesses declined as major players stepped up acquisitions and expansion. This is reflected by the moderate growth in the number of employees per establishment since 2008. Nonetheless, most hair treatment centers, including franchises of hair treatment chains, only serve local markets, which contributes to overall fragmentation.

For more information, visit IBISWorld’s Hair Loss Treatment and Removal industry
in the US industry report page.

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