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Laser Hair Removal Market Size, Share & Trends Analysis Report by Laser Type (Diode, Nd:YAG, Alexandrite), End-use (Beauty Clinics, Dermatology Clinics, Home Use), Region, and Segment Forecasts, 2023-2030

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    Report

  • 110 Pages
  • November 2023
  • Region: Global
  • Grand View Research
  • ID: 5415422
The global laser hair removal market size is expected to reach USD 4.13 billion by 2030, expanding at a CAGR of 19.4% from 2023 to 2030, according to the report. Increasing demand for non-invasive hair removal procedures is expected to drive the market growth. Technological advancements, such as the introduction of ultra-technology, are also projected to boost market growth.

The ultra-technology is more secure than earlier techniques and the prevalence of side effects, such as burning sensations and temporary rashes on the skin, can be easily healed with topical applications. Asia Pacific is anticipated to register the fastest CAGR during the forecast period owing to the high prevalence of skin disorders in the emerging economies and the rise in disposable income of consumers. Moreover, growing e-commerce penetration is driving the market due to the easy availability of advanced products.

The Covid-19 pandemic has created several challenges for the aesthetics industry. Initially, most of the clinics had halted their services with only emergency procedures to be performed. This has impacted the market growth. However, recently, due to ease of lockdown restrictions, services have resumed in a staggered manner with strict measures to be followed. This will boost market growth.

Laser Hair Removal Market Report Highlights

  • Nd: YAG laser segment is expected to grow at a CAGR of 20.1% over the forecast period owing to the high efficiency of these products on all skin types, including tanned skin, and faster repetition rates
  • The beauty clinic end-use segment is expected to lead the global market, in terms of revenue share as well as growth rate, during the forecast period owing to an increase in demand for advanced aesthetic devices for hair removal
  • North America was the dominant regional market in 2022 and is expected to expand further at a steady CAGR, owing to a huge market of dermatology clinics and the adoption of innovative devices

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Type
1.1.2. End-use
1.1.3. Regional scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Type outlook
2.2.2. End-use outlook
2.2.3. Regional outlook
2.3. Competitive Insights
Chapter 3. Laser Hair Removal Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.4. Laser Hair Removal Market Analysis Tools
3.4.1. Industry Analysis - Porter’s
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic Landscape
Chapter 4. Laser Hair Removal: Type Estimates & Trend Analysis
4.1. Laser Hair Removal Market: Key Takeaways
4.2. Laser Hair Removal Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Diode Laser
4.3.1. Diode laser market estimates and forecasts, 2018 to 2030 (USD Million)
4.4. Nd: YAG Laser
4.4.1. Nd: YAG laser market estimates and forecasts, 2018 to 2030 (USD Million)
4.5. Alexandrite Laser
4.5.1. Alexandrite laser market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Laser Hair Removal: End Use Estimates & Trend Analysis
5.1. Laser Hair Removal Market: Key Takeaways
5.2. Laser Hair Removal Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Beauty Clinics
5.3.1. Beauty clinics market estimates and forecasts, 2018 to 2030 (USD Million)
5.4. Dermatology Clinics
5.4.1. Dermatology clinics market estimates and forecasts, 2018 to 2030 (USD Million)
5.5. Home Use
5.5.1. Home use market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Laser Hair Removal Market: Regional Estimates & Trend Analysis
6.1. Regional Outlook
6.2. Laser Hair Removal Market by Region: Key Takeaway
6.3. North America
6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.3.2. U.S.
6.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.3.3. Canada
6.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4. Europe
6.4.1. UK
6.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.2. Germany
6.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.3. France
6.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.4. Italy
6.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.5. Spain
6.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.6. Denmark
6.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.7. Sweden
6.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.8. Norway
6.4.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5. Asia Pacific
6.5.1. Japan
6.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.2. China
6.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.3. India
6.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.4. Australia
6.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.5. Thailand
6.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.6. South Korea
6.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.6. Latin America
6.6.1. Brazil
6.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.6.2. Mexico
6.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.6.3. Argentina
6.6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7. MEA
6.7.1. South Africa
6.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7.2. Saudi Arabia
6.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7.3. UAE
6.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7.4. Kuwait
6.7.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Participants
7.2. Company/Competition Categorization
7.2.1. Cynosure
7.2.1.1. Company overview
7.2.1.2. Financial performance
7.2.1.3. Product benchmarking
7.2.1.4. Strategic initiatives
7.2.2. Alma Lasers
7.2.2.1. Company overview
7.2.2.2. Financial performance
7.2.2.3. Product benchmarking
7.2.2.4. Strategic initiatives
7.2.3. Solta Medical, Inc.
7.2.3.1. Company overview
7.2.3.2. Financial performance
7.2.3.3. Product benchmarking
7.2.3.4. Strategic initiatives
7.2.4. Cutera
7.2.4.1. Company overview
7.2.4.2. Financial performance
7.2.4.3. Product benchmarking
7.2.4.4. Strategic initiatives
7.2.5. Candela Corporation
7.2.5.1. Company overview
7.2.5.2. Financial performance
7.2.5.3. Product benchmarking
7.2.5.4. Strategic initiatives
7.2.6. Viora
7.2.6.1. Company overview
7.2.6.2. Financial performance
7.2.6.3. Product benchmarking
7.2.6.4. Strategic initiatives
7.2.7. Lumenis Be Ltd
7.2.7.1. Company overview
7.2.7.2. Financial performance
7.2.7.3. Product benchmarking
7.2.7.4. Strategic initiatives
7.2.8. Syneron Medical Ltd.
7.2.8.1. Company overview
7.2.8.2. Financial performance
7.2.8.3. Product benchmarking
7.2.8.4. Strategic initiatives
7.2.9. Venus Concept
7.2.9.1. Company overview
7.2.9.2. Financial performance
7.2.9.3. Product benchmarking
7.2.9.4. Strategic initiatives
List of Tables
Table 1 List of Abbreviations
Table 2 North America laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 3 North America laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 4 North America laser hair removal market, by region, 2018 - 2030 (USD Million)
Table 5 U.S. laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 6 U.S. laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 7 Canada laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 8 Canada laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 9 Europe laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 10 Europe laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 11 Europe laser hair removal market, by region, 2018 - 2030 (USD Million)
Table 12 UK laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 13 UK laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 14 Germany laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 15 Germany laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 16 France laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 17 France laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 18 Italy laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 19 Italy laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 20 Spain laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 21 Spain laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 22 Denmark laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 23 Denmark laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 24 Sweden laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 25 Sweden laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 26 Norway laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 27 Norway laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 28 Asia Pacific laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 29 Asia Pacific laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 30 Asia Pacific laser hair removal market, by region, 2018 - 2030 (USD Million)
Table 31 Japan laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 32 Japan laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 33 China laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 34 China laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 35 India laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 36 India laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 37 Australia laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 38 Australia laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 39 Thailand laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 40 Thailand laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 41 South Korea laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 42 South Korea laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 43 Latin America laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 44 Latin America laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 45 Latin America laser hair removal market, by region, 2018 - 2030 (USD Million)
Table 46 Brazil laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 47 Brazil laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 48 Mexico laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 49 Mexico laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 50 Argentina laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 51 Argentina laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 52 Middle East and Africa laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 53 Middle East and Africa laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 54 Middle East and Africa laser hair removal market, by region, 2018 - 2030 (USD Million)
Table 55 South Africa laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 56 South Africa laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 57 Saudi Arabia laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 58 Saudi Arabia laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 59 UAE laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 60 UAE laser hair removal market, by end-use, 2018 - 2030 (USD Million)
Table 61 Kuwait laser hair removal market, by type, 2018 - 2030 (USD Million)
Table 62 Kuwait laser hair removal market, by end-use, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 QFD modeling for market share assessment
Fig. 6 Market formulation & validation
Fig. 7 Laser hair removal: market outlook
Fig. 8 Laser hair removal competitive insights
Fig. 9 Parent market outlook
Fig. 10 Related/ancillary market outlook
Fig. 11 Penetration and growth prospect mapping
Fig. 12 Laser hair removal market driver impact
Fig. 13 Laser hair removal market restraint impact
Fig. 14 Laser hair removal market strategic initiatives analysis
Fig. 15 Laser hair removal market: Type movement analysis
Fig. 16 Laser hair removal market: Type outlook and key takeaways
Fig. 17 Diode laser market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 18 Nd: YAG laser market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 19 Alexandrite laser market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 20 Laser hair removal market: End-use movement analysis
Fig. 21 Laser hair removal market: End-use outlook and key takeaways
Fig. 22 Beauty clinics market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 23 Dermatology clinics market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 24 Home use market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 25 Global laser hair removal market: Regional movement analysis
Fig. 26 Global laser hair removal market: Regional outlook and key takeaways
Fig. 27 North America market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 28 U.S. market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 29 Canada market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 30 Europe market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 31 UK market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 32 Germany market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 33 France market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 34 Italy market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 35 Spain market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 36 Denmark market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 37 Sweden market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 38 Norway market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 39 Asia Pacific market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 40 Japan market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 41 China market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 India market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 43 Australia market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 44 Thailand market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 45 South Korea market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 46 Latin America market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 Brazil market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 48 Mexico market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 49 Argentina market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 50 Middle East and Africa. market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 51 South Africa market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 52 Saudi Arabia market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 53 UAE market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 54 Kuwait market estimates and forecasts, 2018 - 2030 (USD Million)

Companies Profiled

  • Cynosure
  • Alma Lasers
  • Solta Medical, Inc.
  • Cutera
  • Candela Corporation
  • Viora
  • Lumenis Be Ltd
  • Syneron Medical Ltd.
  • Venus Concept

Methodology

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Table Information