Asia Pacific Laser Hair Removal Market Forecast to 2030 - Regional Analysis - by Laser Type, Product Type, and End User

The Asia Pacific laser hair removal market is expected to grow from US$ 104.65 million in 2022 to US$ 331.94 million by 2030. It is estimated to grow at a CAGR of 15.5% from 2022 to 2030.

Rising Popularity of Laser-Based Hair Removal Among Men Drive Asia Pacific Laser Hair Removal Market

Laser hair removal is rapidly gaining traction in modern cosmetic dermatology. The standards of aesthetics and beauty are transforming every day for men and women alike. Men are willing to try out laser treatments for removing excessive hair, generally on the face, and neck, back, and chest parts. They especially appreciate the diode laser's ability to remove even the coarsest hair from relatively large body areas. Getting rid of unwanted hair with the traditional methods is often painful, time-consuming, and gives temporary results that last for a few days to a few weeks. Therefore, just like women, men are also opting for long-lasting body hair removal treatments. Laser hair removal treatments for men offer a remarkable solution for eradicating pesky hair from hard-to-reach areas such as the back, shoulders, and buttocks, ensuring smooth and appealing surfaces.

This treatment is also deemed perfect for urban men who desire a neat and hygienic appearance, and it also serves as an ideal alternative to traditional hair removal methods that are tedious, time-consuming, and messy. Mankini laser hair removal is the male equivalent to full Brazilian laser hair removal. Mankini laser treatments are part of the growing manscaping trends amongst men.

Asia Pacific Laser Hair Removal Market Overview

The Asia Pacific laser hair removal market is analyzed based on China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The growth in Asia Pacific is characterized by the rising incidence of skin rejuvenation, growing awareness of cosmetic procedures to improve aesthetic appeal, and the rise of its wealthy middle class. People have grown more aware of beauty issues, becoming well-informed about aesthetic treatments, and the increase in healthcare expenditure and availability of technological advancements in aesthetic products help boost the growth of the laser hair removal market in the region. Noninvasive cosmetic procedures such as lasers are gaining in popularity in the Chinese market due to their significant benefits and minimal downtime. China's economy continues to grow along with the rising disposable income and wealth of its citizens. This increase in spending power has led to a booming cosmetic surgery industry.

Many Chinese millennials place high importance on personal grooming and self-care. According to the "New Oxygen 2019 White Paper on Medical Aesthetics Industry" in 2018, the consumption of Chinese aesthetic treatment ranked first in the world, exceeding that of the US and South Korea. Thus, the factors mentioned above are likely to propel the demand for laser hair removal in the country.

Asia Pacific Laser Hair Removal Market Segmentation

The Asia Pacific laser hair removal market is segmented into laser type, product type, end user, and country.

Based on laser type, the Asia Pacific laser hair removal market is segmented into alexanderite laser, diode laser, Nd: YAG laser, and others. The diode laser segment held the largest share of the Asia Pacific laser hair removal market in 2022.

Based on product type, the Asia Pacific laser hair removal market is bifurcated into multiple standard wavelength and specific standard wavelength. The multiple standard wavelength segment held a larger share of the Asia Pacific laser hair removal market in 2022.

Based on end user, the Asia Pacific laser hair removal market is segmented into beauty clinics, dermatology clinics, hospitals, and home use. The beauty clinics segment held the largest share of the Asia Pacific laser hair removal market in 2022.

Based on country, the Asia Pacific laser hair removal market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific laser hair removal market in 2022.

Alma Lasers Ltd, Candela Corp, Cutera Inc, Lumenis Be Ltd, Lutronic Co Ltd, Sciton Inc, and Sinclair Pharma Ltd are some of the leading companies operating in the Asia Pacific laser hair removal market.