How Big is the Hair Regrowth Market | Growth, Size & Analysis 2031

Code: MTA7417 Publication Date: Aug 2025

What is the size of Hair Regrowth Market?

According to 6Wresearch internal database and industry insights, the Global Hair Regrowth Market was estimated at USD 7.7 billion in 2024 and is projected to reach USD 11 billion by 2031, growing at a CAGR of 7.5% during the forecast period 2025–2031.

There are numbers of factors which are contributing in the expansion of the hair growth market which include the rising concerns over hair thinning and alopecia, along with growing aesthetic consciousness and product innovations, are fuelling market expansion.

Key Growth Drivers of the Hair Regrowth Industry

  • Growing incidence of androgenic alopecia and stress-related hair loss
  • Expansion of geriatric population prone to hair thinning
  • Increasing demand for non-invasive and topical regrowth solutions
  • Rising influence of beauty standards and social media on appearance enhancement
  • Innovation in biotech-based formulations and drug delivery systems

Hair Regrowth Market Trends

Hair regrowth market is expanding in the recent years with great hair solutions which are seeing demand surge via OTC topical treatments, laser therapy devices, and nutraceuticals. Now, minoxidil and finasteride are the top pharmaceutical choices among consumers, while demand is rising for plant-based alternatives. Other trends include combination regimens, such as serums plus microneedling, and AI-powered diagnosis apps for tailored treatment. Further, the subscription-based hair care brands and gender-specific solutions are further shaping the consumer landscape.

Emerging Developments in the Hair Regrowth Market

Hair regrowth market is seeing the use of stem cell therapy, platelet-rich plasma (PRP), and growth factor serums for advanced regrowth results. Also, the brands are exploring synthetic biology and CRISPR gene therapies to target follicle regeneration. The focus of companies is emphasizing on personalized DNA-based regimens, AI diagnostics, and hair-cloning research. Tele dermatology and e-pharmacies are enhancing the access to treatments globally. These developments are enhancing the presence of the market.

List of Leading Companies in the Hair Regrowth Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Rogaine (Johnson & Johnson)

Company NameRogaine (Johnson & Johnson)
Established Year1886
HeadquartersNew Jersey, United States
Official WebsiteClick Here

This is a leading topical minoxidil product approved by FDA, widely used to treat hair loss and promote regrowth.

2. Hims & Hers Health Inc.

Company NameHims & Hers Health Inc.
Established Year2017
HeadquartersSan Francisco, United States
Official WebsiteClick Here

This company offers telemedicine-based personalized hair loss treatments, including prescription drugs, serums, and gummies.

3. Keeps

Company NameKeeps
Established Year2018
HeadquartersNew York, United States
Official WebsiteClick Here

This is a D2C brand specializing in hair loss prevention and regrowth treatments for men through online consultations.

4. Nutrafol

Company NameNutrafol
Established Year2016
HeadquartersNew York, United States
Official WebsiteClick Here

This company delivers clinically tested hair growth nutraceuticals designed for both men and women using natural ingredients.

5. Kirkland Signature

Company NameKirkland Signature
Established Year1995
HeadquartersWashington, United States
Official WebsiteClick Here

This company markets affordable minoxidil-based hair regrowth products widely used for male and female pattern baldness.

6. Dr. Reddy’s Laboratories

Company NameDr. Reddy’s Laboratories
Established Year1984
HeadquartersHyderabad, India
Official WebsiteClick Here

This company provides pharmaceutical-grade hair regrowth solutions, including generic minoxidil and finasteride variants.

7. The Ordinary

Company NameThe Ordinary
Established Year2013
HeadquartersToronto, Canada
Official WebsiteClick Here

This company focus on topical hair serums using redensyl, caffeine, and peptide complexes to support scalp health and hair density.

8. Pilgrim

Company NamePilgrim
Established Year2019
HeadquartersMumbai, India
Official WebsiteClick Here

This company focuses on natural hair regrowth oils and serums incorporating ingredients like biotin, saw palmetto, and amla.

9. Grow Gorgeous

Company NameGrow Gorgeous
Established Year2013
HeadquartersLondon, United Kingdom
Official WebsiteClick Here

This company offers luxury hair serums and scalp detox products designed to encourage visibly thicker and fuller hair.

How Big is the Hair Regrowth Market : FAQs

The hair regrowth market was estimated at USD 7.7 billion in 2024 and is projected to reach USD 11 billion by 2031.
North America and Asia-Pacific dominate due to aging demographics and high consumer spending on personal care.
Key trends include biotech therapies, personalized treatments, plant-based solutions, and digital health platforms.
Top companies include Rogaine, Nutrafol, Hims, Keeps, and The Ordinary.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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