Market revenue in 2023 | USD 124.4 million |
Market revenue in 2030 | USD 195.6 million |
Growth rate | 6.7% (CAGR from 2023 to 2030) |
Largest segment | Pharmaceuticals |
Fastest growing segment | Supplements |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Supplements, Pharmaceuticals, Devices |
Key market players worldwide | Unilever PLC, Church & Dwight Co Inc, Amway Malaysia Holdings, Procter & Gamble Co, Johnson & Johnson, Merck & Co Inc, Curallux, Alma Lasers Ltd, Cipla Ltd DR, Harbin Pharmaceutical Group, Wontech Co., InVite Health, iRestore India, ExoCoBio |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hair growth supplement and treatment market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 88.42% in 2023. Horizon Databook has segmented the Canada hair growth supplement and treatment market based on supplements, pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing initiatives undertaken by local players and growing penetration of key players in the Canadian market to fulfill the rising demand for hair growth supplements and treatments are major factors propelling the market.
This, in turn, is expected to positively impact market growth. For instance, in 2018, Nature’s Way entered into an agreement with Natural Products Canada to coinvest in novel natural health product opportunities in the country.
In addition, supportive government legislation is another factor propelling the market in the country. For instance, in June 2021, Biova announced that its BiovaBIO supplement received approval from Health Canada. BiovaBIO supplement can effectively reduce the signs of hair thinning and aging.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada hair growth supplement and treatment market , including forecasts for subscribers. This country databook contains high-level insights into Canada hair growth supplement and treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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