Market Overview:
The global hair removal machines market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laser hair removal machines and other types of hair removal machines, owing to their benefits such as ease of use and high efficiency. In addition, the growing awareness about various methods of hair removal is also propelling the growth of this market. Based on type, the global hair removal machines market can be segmented into laser hair removal machines and other types of hair removal machines. Laser hair Removal Machines are further sub-segmented into diode lasers, Nd:YAG lasers and Alexandrite lasers while Other Types are further sub-segmented into electrolysis devices, tweezers epilators and razors & blades. Among these segments, laser Hair Removal Machines held a dominant share in 2017 and is projected to maintain its dominance during the forecast period as well due its high efficiency in removing hairs from different parts on body including bikini line & underarms etc.
Product Definition:
Hair removal machines are electronic devices that use various forms of energy to remove hair from the skin. They are used to remove hair from the face, underarms, legs, and other areas of the body.
Laser Hair Removal Machines:
Laser hair removal machines are the latest technological development in laser technology. They use light to destroy the pigment cells that are present in the hair follicles and prevent new ones from growing. This process is called depigmentation or laser hair removal. The FDA approved this device for its usage as a medical device, which paves its way for commercial usage as a beauty treatment across various regions globally.
Other:
Other is the other ingredient that is used in hair removal machines. It includes ingredients such as electrolysis water, glycolic acid, lactic acid and others. The main function of these products is to reduce the growth of unwanted body hair by tightening pores hence reducing hair density. Other also has anti-inflammatory properties that reduces swelling and redness caused due to shaving or cutting which makes it a better choice for people who have been injured from waxing or cutting their pubic hairs recently.
Application Insights:
The commercial segment held the largest share of more than 70.0% in 2017. The growth can be attributed to the increasing number of hair removal treatments at spa and beauty parlors across various regions including North America, Europe, Asia Pacific and Middle East & Africa. Furthermore, rising demand for professional hair removal services at hotels is expected to drive the segment over the forecast period.
Homehold application is projected to expand at a CAGR of XX% from 2018 to 2030 owing to growing awareness about home care appliances among consumers worldwide coupled with increasing disposable income levels in key economies such as U.S.
Regional Analysis:
North America dominated the global hair removal machines market in 2017. This is attributed to growing awareness regarding aesthetic appeal, increasing demand for laser hair removal machines and other technologically advanced devices, high spending power of consumers, and presence of well-established healthcare facilities in this region. Moreover, availability of skilled professionals and quick adoption of innovative techniques are also driving the regional market growth.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising disposable income levels coupled with growing population especially in India & China regions due to increased migration from developed countries such as Australia & New Zealand among others which will boost product demand further. Furthermore, increasing number spa centers along with rising awareness about various treatments available particularly for skin beautification will drive regional market growth over the forecast period 8% CAGR from 2018 To 2030 (USD X Million).
Growth Factors:
- Increasing demand for hair removal machines owing to the rise in the number of people who are conscious about their appearance and want to get rid of unwanted hair.
- Growing popularity of laser hair removal machines as they are considered as one of the most effective methods for removing hair permanently.
- Rising awareness about different types of hair removal machines and their benefits among consumers is propelling the growth of this market.
- Technological advancements in laser technology that have made these devices more efficient and user-friendly is aiding in the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hair Removal Machines Market Research Report
By Type
Laser Hair Removal Machines, Other
By Application
Homehold, Commercial
By Companies
Philips, Tria Beauty, Panasonic, Braun, Flyco, POVOS, SID, Riwa, Paiter, Trueman, Philips
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Hair Removal Machines Market Report Segments:
The global Hair Removal Machines market is segmented on the basis of:
Types
Laser Hair Removal Machines, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Homehold, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips
- Tria Beauty
- Panasonic
- Braun
- Flyco
- POVOS
- SID
- Riwa
- Paiter
- Trueman
- Philips
Highlights of The Hair Removal Machines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laser Hair Removal Machines
- Other
- By Application:
- Homehold
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hair Removal Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hair removal machines are devices that use heat, suction, or a combination of both to remove hair from the skin.
Some of the major companies in the hair removal machines market are Philips, Tria Beauty, Panasonic, Braun, Flyco, POVOS, SID, Riwa, Paiter, Trueman, Philips.
The hair removal machines market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hair Removal Machines Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hair Removal Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hair Removal Machines Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hair Removal Machines Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hair Removal Machines Market Size & Forecast, 2018-2028
4.5.1 Hair Removal Machines Market Size and Y-o-Y Growth
4.5.2 Hair Removal Machines Market Absolute $ Opportunity
Chapter 5 Global Hair Removal Machines Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hair Removal Machines Market Size Forecast by Type
5.2.1 Laser Hair Removal Machines
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hair Removal Machines Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hair Removal Machines Market Size Forecast by Applications
6.2.1 Homehold
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hair Removal Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hair Removal Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hair Removal Machines Analysis and Forecast
9.1 Introduction
9.2 North America Hair Removal Machines Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hair Removal Machines Market Size Forecast by Type
9.6.1 Laser Hair Removal Machines
9.6.2 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hair Removal Machines Market Size Forecast by Applications
9.10.1 Homehold
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hair Removal Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Hair Removal Machines Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hair Removal Machines Market Size Forecast by Type
10.6.1 Laser Hair Removal Machines
10.6.2 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hair Removal Machines Market Size Forecast by Applications
10.10.1 Homehold
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hair Removal Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hair Removal Machines Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hair Removal Machines Market Size Forecast by Type
11.6.1 Laser Hair Removal Machines
11.6.2 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hair Removal Machines Market Size Forecast by Applications
11.10.1 Homehold
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hair Removal Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Hair Removal Machines Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hair Removal Machines Market Size Forecast by Type
12.6.1 Laser Hair Removal Machines
12.6.2 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hair Removal Machines Market Size Forecast by Applications
12.10.1 Homehold
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hair Removal Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hair Removal Machines Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hair Removal Machines Market Size Forecast by Type
13.6.1 Laser Hair Removal Machines
13.6.2 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hair Removal Machines Market Size Forecast by Applications
13.10.1 Homehold
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hair Removal Machines Market: Competitive Dashboard
14.2 Global Hair Removal Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 Tria Beauty
14.3.3 Panasonic
14.3.4 Braun
14.3.5 Flyco
14.3.6 POVOS
14.3.7 SID
14.3.8 Riwa
14.3.9 Paiter
14.3.10 Trueman
14.3.11 Philips
