Wednesday, December 15, 2004

Cash crop

The hair removal market (excluding shaving) represented an estimated $8.3 billion global market in 2001, with $3.8 billion in the United States. The world market is expected to grow to an estimated $11.1 billion by 2005, with commensurate increases in the U.S.
That quote's from a press release by a company that thinks it's found a better way to remove hair permanently. Human trials on its product (which targets a certain gene to "permanently disrupt hair follicle integrity") won't likely be starting until 2006, so it's too soon to talk seriously about it.

I'm just amazed that there's that much money to be made by removing hair.

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