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Laser Hair Removal Trends and Forecast
The future of the global laser hair removal market looks promising with opportunities in the beauty clinics, dermatology clinics, and home use markets. The global laser hair removal market is expected to reach an estimated $2.5 billion by 2030 with a CAGR of 16.5% from 2024 to 2030. The major drivers for this market are the shifting trend toward retaining ideal aesthetic attractiveness, improving public knowledge of the safety of aesthetic lasers, and increasing demand for aesthetic procedures.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Laser Hair Removal by Segment
The study includes a forecast for the global laser hair removal by type, end use, and region.
Laser Hair Removal Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Diode
• Nd: YAG
• Alexandrite
Laser Hair Removal Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Beauty Clinics
• Dermatology Clinics
• Home Use
• Others
Laser Hair Removal Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Laser Hair Removal Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies laser hair removal companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the laser hair removal companies profiled in this report include-
• Cynosure
• Alma Lasers
• Solta Medical
• Cutera
• Candela
• Viora
• Syneron Medical
Laser Hair Removal Market Insights
Lucintel forecasts that diode will remain the largest segment over the forecast period because of appropriate amount of time needed to remove hair based on the volume and area of the body.
North America will remain the largest region over the forecast period due to rising demand for hair removal treatments, well-established dermatological clinics, and the regionÄX%$%Xs expanding number of competent specialists.
Features of the Global Laser Hair Removal Market
Market Size Estimates: Laser hair removal market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Laser hair removal market size by type, end use, and region in terms of value ($B).
Regional Analysis: Laser hair removal market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the laser hair removal market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the laser hair removal market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the laser hair removal market size?
Answer: The global laser hair removal market is expected to reach an estimated $2.5 billion by 2030.
Q2. What is the growth forecast for laser hair removal market?
Answer: The global laser hair removal market is expected to grow with a CAGR of 16.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the laser hair removal market?
Answer: The major drivers for this market are the shifting trend toward retaining ideal aesthetic attractiveness, improving public knowledge of the safety of aesthetic lasers, and increasing demand for aesthetic procedures.
Q4. What are the major segments for laser hair removal market?
Answer: The future of the global laser hair removal market looks promising with opportunities in the beauty clinics, dermatology clinics, and home use markets.
Q5. Who are the key laser hair removal market companies?
Answer: Some of the key laser hair removal companies are as follows:
• Cynosure
• Alma Lasers
• Solta Medical
• Cutera
• Candela
• Viora
• Syneron Medical
Q6. Which laser hair removal market segment will be the largest in future?
Answer: Lucintel forecasts that diode will remain the largest segment over the forecast period because of appropriate amount of time needed to remove hair based on the volume and area of the body.
Q7. In laser hair removal market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising demand for hair removal treatments, well-established dermatological clinics, and the regionÄX%$%Xs expanding number of competent specialists.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the laser hair removal market by type (diode, nd: yag, and alexandrite), end use (beauty clinics, dermatology clinics, home use, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Laser Hair Removal Market, Laser Hair Removal Market Size, Laser Hair Removal Market Growth, Laser Hair Removal Market Analysis, Laser Hair Removal Market Report, Laser Hair Removal Market Share, Laser Hair Removal Market Trends, Laser Hair Removal Market Forecast, Laser Hair Removal Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Laser Hair Removal Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Laser Hair Removal Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Laser Hair Removal Market by Type
3.3.1: Diode
3.3.2: Nd: YAG
3.3.3: Alexandrite
3.4: Global Laser Hair Removal Market by End Use
3.4.1: Beauty Clinics
3.4.2: Dermatology Clinics
3.4.3: Home Use
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Laser Hair Removal Market by Region
4.2: North American Laser Hair Removal Market
4.2.2: North American Laser Hair Removal Market by End Use: Beauty Clinics, Dermatology Clinics, Home Use, and Others
4.3: European Laser Hair Removal Market
4.3.1: European Laser Hair Removal Market by Type: Diode, Nd: YAG, and Alexandrite
4.3.2: European Laser Hair Removal Market by End Use: Beauty Clinics, Dermatology Clinics, Home Use, and Others
4.4: APAC Laser Hair Removal Market
4.4.1: APAC Laser Hair Removal Market by Type: Diode, Nd: YAG, and Alexandrite
4.4.2: APAC Laser Hair Removal Market by End Use: Beauty Clinics, Dermatology Clinics, Home Use, and Others
4.5: ROW Laser Hair Removal Market
4.5.1: ROW Laser Hair Removal Market by Type: Diode, Nd: YAG, and Alexandrite
4.5.2: ROW Laser Hair Removal Market by End Use: Beauty Clinics, Dermatology Clinics, Home Use, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Laser Hair Removal Market by Type
6.1.2: Growth Opportunities for the Global Laser Hair Removal Market by End Use
6.1.3: Growth Opportunities for the Global Laser Hair Removal Market by Region
6.2: Emerging Trends in the Global Laser Hair Removal Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Laser Hair Removal Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Laser Hair Removal Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Cynosure
7.2: Alma Lasers
7.3: Solta Medical
7.4: Cutera
7.5: Candela
7.6: Viora
7.7: Syneron Medical
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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