You must be young or not know very many women. Nearly every woman eventually starts growing facial hair. Many remove it every day. And some women do lose their hair, though admittedly it's much less common.

Sure technically both genders grow facial hair. But still, men can grow much more hair on average than women, especially facial hair, no? South Asian females as an example sometimes can have more hair than average in many spots, but then you have many men with forest levels of hair around their body.