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Increasing Hair Loss Benefit On The Hair Growth Serum Market Driver: Leading Transformation in the Hair Growth Serum Market in 2025
Hair Growth Serum
The growing incidence of hair loss is predicted to fuel the growth of the hair growth serum market. Hair loss is linked to factors like hormonal changes, genetics, stress, and nutritional deficiencies. Hair growth serums help by nourishing the scalp and promoting healthier hair growth. For example, the Hair Society reported that hair loss affects 21 million women and 35 million men globally. This rising incidence is accelerating the growth of the hair growth serum market.
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How will the growth rate of the hair growth serum market shape industry trends by 2034?
The hair growth serum market has experienced solid growth in recent years. It will grow from $1.71 billion in 2024 to $1.85 billion in 2025, with a CAGR of 8.4%. The growth is driven by an increase in hair loss incidents, greater awareness of hair health, rising disposable income, the development of organic and herbal products, and the innovation of new hair care solutions.
The hair growth serum market is expected to grow to $2.52 billion by 2029 at a CAGR of 8.0%. This growth is driven by the popularity of hair styling, increased demand for rejuvenation products, and a focus on natural ingredients. Trends include innovative serum formulations, organic ingredients, and advancements in hair care devices.
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What trends are poised to drive the future success of the hair growth serum market?
Companies in the hair growth serum market are focusing on developing rejuvenating hair serums to promote hair growth and improve overall hair health. For example, in February 2022, WETHRIVV launched the REVIVV Hair Growth Serum, a drug-free, non-toxic formula designed to enhance hair thickness and fullness. The serum, recommended by dermatologists, is applied with a roller device for effective delivery and is available in various bundles for both men and women.
Which primary segments of the hair growth serum market are driving growth and industry transformations?
The hair growth serum market covered in this report is segmented -
1) By Type: Without Silicone, With Silicone
2) By Application: Online Store, Specialty Shop, Supermarket, Other Applications
3) By End Use: Men, Women
Subsegments
1) By Without Silicone: Organic Hair Growth Serums, Herbal Hair Growth Serums
2) By With Silicone: Serums with Dimethicone, Serums with Cyclopentasiloxane, Serums with Amino Silicones
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Which geographical regions are pioneering growth in the hair growth serum market?
North America was the largest region in the hair growth serum market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hair growth serum market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the hair growth serum market landscape?
Major companies operating in the hair growth serum market are L'Oréal S.A., Kao Corporation, Wella AG, Revlon Inc, Aveda Corporation, Hims & Hers Health Inc., Lanza, Strength of Nature LLC, Vegamour Inc., iRestore, Artnaturals Co., Nutraceutical Wellness Inc., Kerotin Inc., Eufora International, Keranique, DS Healthcare Group Inc., BosleyMD, DrFormulas LLC, Nulastin Inc., Ustra LLC, Finally Hair, Luseta Beauty Inc., Pura d'Or, Briogeo Hair, TreeActiv
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What Is Covered In The Hair Growth Serum Global Market Report?
•Market Size Forecast: Examine the hair growth serum market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the hair growth serum market for a structured understanding.
•Key Players Overview: Analyze major players in the hair growth serum market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the hair growth serum market.
•Segment Contributions: Evaluate how different segments drive overall growth in the hair growth serum market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the hair growth serum market.
•Industry Challenges: Identify potential risks and obstacles affecting the hair growth serum market.
•Competitive Landscape: Review strategic developments in the hair growth serum market, including expansions, agreements, and new product launches.
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