South Africa Hair Growth Supplement And Treatment Market Size & Outlook
South Africa hair growth supplement and treatment market, 2018-2030 (US$M)
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South Africa hair growth supplement and treatment market highlights
- The South Africa hair growth supplement and treatment market generated a revenue of USD 34.2 million in 2023 and is expected to reach USD 41.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 2.8% from 2024 to 2030.
- In terms of segment, pharmaceuticals was the largest revenue generating type in 2023.
- Supplements is the most lucrative type segment registering the fastest growth during the forecast period.
Hair growth supplement and treatment market data book summary
| Market revenue in 2023 | USD 34.2 million |
| Market revenue in 2030 | USD 41.4 million |
| Growth rate | 2.8% (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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.4% of the global hair growth supplement and treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia hair growth supplement and treatment market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 28.8 million by 2030.
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Hair Growth Supplement And Treatment Market Scope
Hair Growth Supplement And Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa hair growth supplement and treatment market outlook
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 88.3% in 2023. Horizon Databook has segmented the South Africa hair growth supplement and treatment market based on supplements, pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
Growing geriatric population, increasing hair thinning conditions, and increasing awareness about skin & hair growth supplements & treatment are expected to boost market growth over the forecast period.
Growing adoption of sedentary lifestyle, rising intake of alcohol, and unhealthy diets led to an increasing percentage of population dealing with nutritional deficiencies that lead to weaker hair & skin health.
Hence, many people are adopting these supplements to improve their hair. Growing research activities and collaborations with various developing countries are anticipated to fuel market growth.
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Target buyers of South Africa hair growth supplement and treatment market databook
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Our clientele includes a mix of hair growth supplement and treatment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa hair growth supplement and treatment market , including forecasts for subscribers. This country databook contains high-level insights into South Africa hair growth supplement and treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa hair growth supplement and treatment market size, by type, 2018-2030 (US$M)
South Africa Hair Growth Supplement And Treatment Market Outlook Share, 2023 & 2030 (US$M)
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