MINOXIDIL MARKET ANALYSIS

Regional Analysis

Global Minoxidil Market - Regional Analysis

Among regions, North America is estimated to hold a dominant position in the global minoxidil market over the forecast period. North America is estimated to hold 33.5% of the market share in 2023. The global minoxidil market is expected to witness significant growth in the coming years owing to increasing inorganic growth strategies, such as collaborations, by key market players to expand their product portfolios. For instance, in January 2022, Hims & Hers Health, Inc., the multi-specialty telehealth platform focused on providing modern personalized health and wellness experiences to consumers, announced a collaboration with walmart.com, an online platform to distribute its high quality hair care solutions at select Walmart retail locations and on walmart.com. Hims & Hers hair care offerings include the Hers minoxidil 5% topical foam and Hers minoxidil 2% topical solution, Hers Triple Threat shampoo, Hims minoxidil 5% topical foam and Hims minoxidil 5% topical solution, and others.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa