According to the Mayo Foundation for Medical Education and Research (MFMER), hereditary makeup that accelerates with aging; hormonal changes due to pregnancy, childbirth, menopause, and thyroid problems; side effects of certain medications & treatments; exposure to radiation during treatment or other conditions; stressful lifestyle causing the thinning of hair; and the use of chemical sprays during excessive hairstyling are the major causes of hair loss among people in the US. To overcome the hair loss issues, populations continuously seek effective hair care products, such as shampoos and conditioners, oils, and serums, to lower hair loss and restore hair growth.
Thus, the increased stress levels among the youth cause depression, anxiety, and other health-related problems, resulting in hair loss, thereby fueling the hair loss prevention products market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the hair loss prevention products market at a good CAGR during the forecast period.
North America Hair Loss Prevention Products Market Segmentation
The North America hair loss prevention products market is analyzed on the basis of product, type, category, end user, and distribution channel. Based on product type, the market is segmented into shampoos and conditioners, oils, serums, and others. Based on category, the market is segmented into conventional and natural and organic. Based on end user, the market is segmented into men, women, and unisex. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others.
Geographically, the North America hair loss prevention products market is segmented into the US, Mexico, and Canada.
North America Hair Loss Prevention Products Market - Companies Mentioned
Church & Dwight, Inc.; Forest Essentials; KAO Corporation ; L'Oréal S.A.; PIERRE FABRE GROUP; Procter & Gamble; Shiseido Co., Ltd.; TAISHO PHARMACEUTICAL HOLDINGS CO., LTD.; Unilever; and AVEDA CORP. are the leading companies in the regional market.