$5.8bn
$XXX.Xm
140k
84,674
$X.Xbn
The hair loss treatment and removal services market is evolving rapidly, driven by booming demand for temporary hair removal services. Temporary solutions like waxing, threading and plucking have gained immense popularity due to their affordability and effectiveness. As a result, more permanent options like laser hair removal and electrology dip in market share. The increasing reliance on skilled labor, coupled with high advertising expenditures as companies aim to reach a broader audience, has also significantly added to operational costs. However, the industry continues to grow, propelled by consumers' heightened awareness and acceptance of cosmetic services. Revenue has grown at an estimated CAGR of 9.8% over the five years to 2024 to reach $5.8 billion in 2024, including a 1.0% gain that year alone.
Industry revenue has grown at a CAGR of 9.8 % over the past five years, to reach an estimated $5.8bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Ideal Image Development Inc. | 132.9 | -1.4 | -1.1 | |
Ulta Beauty, Inc. | 74.5 | 3.2 | 4.3 |
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Industry revenue is measured across several distinct product and services lines, including Temporary hair removal, Permanent hair removal and Hair replacement and restoration. Temporary hair removal is the largest segment of the Hair Loss Treatment & Removal in the US.
Temporary hair removal services gain traction among cost-conscious consumers
This industry comprises establishments that primarily engage in nonsurgical treatments for hair loss and replacement, as well as hair removal and scalp treatment services. This includes waxing, laser hair removal, electrolysis, threading, depilatory creams and associated skincare treatments to enhance results and ensure skin health.
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NAICS 812199 - Hair Loss Treatment & Removal in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Temporary hair removal services are fueling industry growth. With waxing, threading and plucking becoming more popular, these affordable and repeatable treatments are keeping...
Learn about an industry's products and services, markets and trends in international trade.
Temporary hair removal services are gaining popularity due to their cost efficiency. Options like waxing and threading provide longer-lasting results than shaving without the...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
High population density attracts businesses and boosts performance. Service providers near big cities enjoy a large consumer base, improving their chances of success.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
DIY treatments can save consumers money but may not match professional results. While at-home kits like epilators and waxing sets offer cost savings, they often can't deliver...
Learn about the performance of the top companies in the industry.
Ideal Image Development is a private company with an estimated 800 employees. In the US, the company has the largest market share in the Hair Loss Treatment and Removal indus...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Hair loss treatment and removal services are subject to light regulation, which can vary state by state. Regulations ensure that services are safe, effective and provided by ...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Advanced tech is pushing up purchase costs for hair removal operators. With the rise of laser treatments and their improved efficacy, businesses need to invest in pricey equi...
Including values and annual change:
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The market size of the Hair Loss Treatment & Removal in the US industry in United States is $5.8bn in 2024.
There are 84,674 businesses in the Hair Loss Treatment & Removal in the US industry in United States, which has grown at a CAGR of 8.4 % between 2019 and 2024.
The market size of the Hair Loss Treatment & Removal in the US industry in United States has been growing at a CAGR of 9.8 % between 2019 and 2024.
Over the next five years, the Hair Loss Treatment & Removal in the US industry in United States is expected to grow.
The biggest companies operating in the Hair Loss Treatment & Removal market in United States are Ideal Image Development Inc. and Ulta Beauty, Inc.
Operating depilatory (i.e. hair removal) salons and Operating electrolysis (i.e. hair removal) salons are part of the Hair Loss Treatment & Removal in the US industry.
The company holding the most market share in United States is Ideal Image Development Inc..
The level of competition is high and increasing in the Hair Loss Treatment & Removal in the US industry in United States.