Laser Hair Removal Market Report: Trends, Forecast and Competitive Analysis to 2030

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.

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 region's 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 region's 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?