The global pediculosis treatment market is projected to witness significant growth from 2021 to 2031 (forecast period). A rise in the incidence of pediculosis, a growth in pediculosis awareness, and the increased use of human lice in forensic research are some of the major aspects expected to drive the global pediculosis treatment market. Moreover, increased pediculosis treatment usage in developing countries such as India, China, and others are anticipated to provide significant growth opportunities for the global pediculosis treatment market during the forecast period.
Key players active in the global pediculosis treatment market are Clearwater Paper Corporation, Amcor Limited, DS Smith PLC, Packaging Corp. of America, and Cascades Inc.
In order to expand and improve their global reach, key market players are aggressively pursuing inorganic marketing tactics such as collaborations, technological developments, investments, acquisitions, and R&D activities.
The incidence of pediculosis is steadily increasing worldwide, which is expected to drive the global pediculosis treatment market. In several parts of the United States, pediculosis infection to the head has risen exponentially among schoolchildren. As per a United Nations survey conducted in 2019, the number of children under the age of 14 is projected to surpass 2.02 billion by 2050 and reach 2.06 billion by 2050. Due to a large number of people susceptible to lice infestation, the global pediculosis treatment market is likely to witness significant growth.
As per 2018 research reported in the Iran Journal of Public Health by Jalil NEJATI, 2,995 students out of 28,410 participants, or 10.5%, were afflicted with head lice. The frequency of pediculosis differed significantly between male and female students. In comparison to urban and rural regions, the frequency of infestation was also much higher in students residing in nomad tribes. Thus, increased pediculosis prevalence, combined with a lack of understanding about personal cleanliness, are some of the major factors projected to boost the global pediculosis treatment market during the forecast period. Moreover, the rising use of human lice in forensic investigations is anticipated to support the global pediculosis treatment market growth.
Furthermore, the global pediculosis treatment market is likely to experience considerable growth as a result of new product introductions, increased awareness, and the easy availability of lice treatment products. In addition, pharmaceutical companies' extensive research and development operations to develop effective compounds that can efficiently eliminate these parasites are projected to generate massive growth prospects for the global pediculosis treatment market.
The pediculosis treatment market in North America and Europe is projected to experience significant growth during the forecast period. The market growth in these regions is expected to be driven by factors such as highly developed healthcare infrastructure, reimbursement coverage, increased healthcare expenditure, and government backing. Moreover,
The pediculosis treatment market in Asia Pacific is anticipated to expand during the forecast period. Factors such as quickly developing healthcare infrastructure as a result of the increasing medical tourism industry, heightened awareness of pediculosis and related therapies, and rising literacy rates are projected to boost the expansion of the pediculosis treatment market in Asia Pacific. Moreover, China and India have the world's largest population bases. As a result, China and India are expected to make significant contributions to the pediculosis treatment market in Asia Pacific during the forecast period.
In addition to China and India, Japan is anticipated to witness considerable growth in the regional market during the forecast period due to the Japanese government's increased emphasis on upgrading healthcare facilities.