Hair Removal Spray Market Report 2024

The hair removal spray market size has grown steadily in recent years. It will grow from $4.19 billion in 2023 to $4.39 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth during the historic period can be attributed to greater awareness of personal grooming and hygiene, an increase in disposable income, the expansion of e-commerce platforms, a growing urban population, and an increased availability of unisex products.

The hair removal spray market size is expected to see strong growth in the next few years. It will grow to $5.35 billion in 2028 at a compound annual growth rate (CAGR) of 5%. The anticipated growth during the forecast period can be attributed to the increasing popularity of beauty products, rising costs of beauty salons, a growing number of working women, higher demand for dermatologically approved products, and the expanding appeal of subscription-based models. Major trends for this period include technological advancements, natural and organic formulations, unisex products, eco-friendly packaging, and pain-free hair removal solutions.

The growing consumer expenditure on personal care products is expected to drive the expansion of the hair removal spray market in the future. Personal care products encompass a wide range of items intended for hygiene, grooming, and beautification, serving various health-related purposes. The increase in personal care product consumption is driven by factors such as a focus on health and well-being, the influence of social media and celebrities, ongoing innovations in product formulations, and heightened awareness. Hair removal sprays are a part of personal care products, offering a quick and painless method for eliminating unwanted body hair. For example, in December 2023, according to Statistics Canada, a Canada-based government agency, Canadian households spent an average of $689 on personal care products in 2021. Additionally, the International Trade Administration stated in May 2022 that Canada's cosmetics industry, which generated about $1.24 billion in revenue in 2021, is projected to grow at an annual rate of 1.45%, reaching $1.8 billion by 2024. Thus, increased consumer spending on personal care products is driving the growth of the hair removal spray market.

The growing demand for e-commerce is also expected to boost the growth of the hair removal spray market. E-commerce, or electronic commerce, involves the buying and selling of goods and services online. The rise in e-commerce is fueled by factors such as mobile technology, digital marketing, advancements in logistics and supply chain management, improved buying experiences, and buy-now-pay-later services. Hair removal sprays are marketed and sold through e-commerce platforms, allowing consumers to conveniently purchase these products online for home use. For instance, in September 2022, according to the International Trade Administration, a US-based government agency, consumer e-commerce now makes up 30% of the UK's total retail sector, up from 20% in 2020, generating over $120 billion in annual revenue, with 82% of UK residents engaging in online transactions in 2021. Hence, the growing demand for e-commerce is propelling the hair removal spray market's growth.

Leading companies in the hair removal spray market are focusing on developing innovative products, such as foam-based hair removal sprays, to meet consumer demand for more effective and convenient hair removal solutions. Foam-based hair removal sprays are depilatory products that offer a unique application experience compared to traditional creams or gels. For instance, UrbanYog, an India-based beauty and personal care company, introduced a foam-based hair removal spray for women in December 2022. This product promises a painless hair removal experience in under 10 minutes and is designed for easy application and even coverage, making it suitable for quick, at-home use. Formulated with skin-friendly ingredients, the spray effectively removes unwanted hair while leaving the skin smooth and moisturized. It is suitable for various body areas, including legs, arms, and underarms, and contains soothing agents such as aloe vera and chamomile to reduce irritation and enhance the comfort of the hair removal process.

Major companies operating in the hair removal spray market are L'Oréal S.A., Reckitt Benckiser Group plc, Church and Dwight Co. Inc., Avon Products Inc., Edgewell Personal Care Company, Revlon Inc., St Ives Group, Sirona Hygiene Pvt. Ltd., Helios Lifestyle Pvt. Ltd., Nair, Beardo, HCP Wellness Pvt. Ltd., Bioelements, Veet, Vi-John Group, Parissa Laboratories Inc., Bombay Shaving Company, Bold Care Technologies Pvt. Ltd., Mancode, Sally Hansen, Neomen, Sanfe, Mountainor, Spruce Shave Club Pvt. Ltd., Prolixr Beauty Pvt. Ltd., i-feel Pvt. Ltd., New Moon Cosmetics Pvt. Ltd., Saffron Biotech Pvt. Ltd., Jolen, Wilson Cosmetics Co. Ltd.

Asia-Pacific was the largest region in the Hair Removal Spray market in 2023. The regions covered in the hair removal spray market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the hair removal spray market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Hair removal spray is a cosmetic product designed to remove unwanted body hair quickly and painlessly. These sprays typically contain active ingredients that break down the protein structure of the hair, allowing it to be wiped or washed away from the skin's surface.

The main types of hair removal sprays include aloe, glycerin, and sunflower oil. Aloe, commonly known as Aloe Vera extract, is often included in hair removal sprays for its soothing and moisturizing properties. It helps calm the skin and reduce irritation from hair removal, making the process more comfortable. The applications of these sprays include use by men, women, and others, and they are employed in various industry sectors such as cosmetics and more.

The hair removal spray market research report is one of a series of new reports that provides hair removal spray market statistics, including hair removal spray industry global market size, regional shares, competitors with a hair removal spray market share, detailed hair removal spray market segments, market trends, and opportunities, and any further data you may need to thrive in the hair removal spray industry. This hair removal spray research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The hair removal spray market consists of sales of aerosol sprays, pump sprays, roll-on sprays, and fragrance-free sprays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.