South Korea Hair Growth Supplement And Treatment Market Size & Outlook
The hair growth supplement and treatment market in South Korea is expected to reach a projected revenue of US$ 1,086.5 million by 2030. A compound annual growth rate of 9.3% is expected of South Korea hair growth supplement and treatment market from 2025 to 2030.
South Korea hair growth supplement and treatment market highlights
The South Korea hair growth supplement and treatment market generated a revenue of USD 638.9 million in 2024 and is expected to reach USD 1,086.5 million by 2030.
The South Korea market is expected to grow at a CAGR of 9.3% from 2025 to 2030.
In terms of segment, pharmaceuticals was the largest revenue generating type in 2024.
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 2024
USD 638.9 million
Market revenue in 2030
USD 1,086.5 million
Growth rate
9.3% (CAGR from 2025 to 2030)
Largest segment
Pharmaceuticals
Fastest growing segment
Supplements
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Pharmaceuticals, Supplements, 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 Korea accounted for 7.9% of the global hair growth supplement and treatment market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China hair growth supplement and treatment market is projected to lead the regional market in terms of revenue in 2030.
South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,086.5 million by 2030.
In South Korea, the elderly population and adults are focusing on adopting supplements that are specifically tailored for maintaining a healthy life. Consumers have become aware of healthy aging and disease prevention with rise in hair thinning concerns.
Domestic manufacturers in South Korea, followed by direct-selling companies, hold leading positions in the dietary supplements market. Some key players operating in the dietary supplements market in the country are Chong Kun Dang Healthcare Corp. and Korea Ginseng Corp.
Moreover, in August 2021, Vitamin Shoppe expanded its e-commerce platform in South Korea to provide health and wellness products. South Korea is one of the important countries in APAC as it has a potential market for skin and hair care products.
South Korea 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 Outlook will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 89.26% in 2024.
Horizon Databook has segmented the South Korea hair growth supplement and treatment market based on pharmaceuticals, supplements, devices covering the revenue growth of each sub-segment from 2018 to 2030.
In South Korea, the elderly population and adults are focusing on adopting supplements that are specifically tailored for maintaining a healthy life. Consumers have become aware of healthy aging and disease prevention with rise in hair thinning concerns.
Domestic manufacturers in South Korea, followed by direct-selling companies, hold leading positions in the dietary supplements market. Some key players operating in the dietary supplements market in the country are Chong Kun Dang Healthcare Corp. and Korea Ginseng Corp.
Moreover, in August 2021, Vitamin Shoppe expanded its e-commerce platform in South Korea to provide health and wellness products. South Korea is one of the important countries in APAC as it has a potential market for skin and hair care products.
South Korea Hair Growth Supplement And Treatment Market Type Outlook (Revenue, USD Million , 2018-2030)
Supplements
Pharmaceuticals
Devices
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Hair Growth Supplement And Treatment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Hair Growth Supplement And Treatment Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Hair Growth Supplement And Treatment Market, 2018-2030 (US$M)