Market Overview:
The global laser hair removal products market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laser hair removal products due to their efficacy and safety. In addition, the growing awareness about laser hair removal among consumers is also contributing to the growth of this market. The global laser hair removal products market can be segmented on the basis of type and application. On the basis of type, it can be divided into multiple standard wavelengths and specific standard wavelengths segments. The multiple standard wavelength segment is further sub-segmented into Nd:YAG, diode, Alexandrite, and others segments. The specific standard wavelength segment is further sub-segmented into ruby, carbon dioxide (CO2), Erbium:YAG (Er:YAG), and others segments.
Product Definition:
Laser hair removal products are used to remove hair from the body using lasers. The importance of laser hair removal products is that they can provide a more permanent solution to removing unwanted hair than other methods, such as shaving or waxing.
Multiple Standard Wavelengths:
Multiple standard wavelengths are the set of light sources that can be used to irradiate a target with laser energy. The term “standard” is used here in its technical sense, i.e., as an internationally recognized system for the measurement of light intensity or power. Standardized systems include the A-line (red), B-line ( infrared), and C-line ( ultraviolet) established by international standards organizations such as IEC and ISO respectively.
Specific Standard Wavelength:
The specific standard wavelength is the designation for a certain band of light with a particular wavelength. The laser hair removal devices work on the basis of absorption and fluorescence, wherein the UVB wavelengths are used for skin tanning removal and Ly Longwave ultraviolet radiation for hair growth reduction.
There are different cycles or phases involved in human hair growth which varies from person to person.
Application Insights:
The others segment held the largest market share in 2017 and is anticipated to expand at a steady CAGR over the forecast period. The beauty spa application segment is expected to register the fastest CAGR of XX% from 2018 to 2030 owing to increasing demand for laser hair removal treatments among individuals seeking aesthetic benefits.
Individuals desiring smooth skin and less hair are opting for these treatments, which has led beauty spas across various regions of the world including North America, Europe, Asia Pacific and Middle East & Africa to introduce new products catering specificallyto this application segment. For instance, in April 2016 Laser Hair Removal Centers Inc., a U.S.
Regional Analysis:
North America dominated the global laser hair removal products market in 2017. This is due to presence of large number of aestheticians and dermatologists, increasing awareness about aesthetic procedures, availability of technologically advanced devices and rising demand for permanent solutions for skin problems. Moreover, growing preference for laser treatments over other methods due to safety & efficacy factor is driving the market growth in this region.
Asia Pacific regional market captured a significant share owing to high prevalence of hair-folliculitis related issues in countries such as India and China along with growing beauty consciousness among people leading to increased spending on personal care products including lasers & equipment used for hair removal treatments. Furthermore, increasing disposable income especially in developing countries such as India will boost the industry growth over the forecast period.
Growth Factors:
- Increasing awareness about the benefits of laser hair removal over other hair removal methods.
- Rising disposable income of consumers, especially in developing countries, which is helping to boost demand for premium beauty products and services such as laser hair removal.
- Growing popularity of minimally invasive cosmetic procedures such as laser hair removal among millennials due to their busy lifestyles and preference for quick and easy treatments with minimal downtime.
- Proliferation of affordable home-use lasers that are making laser hair removal more accessible to a wider audience, especially in developing countries where the cost of professional treatments can be prohibitively high.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Hair Removal Products Market Research Report
By Type
Multiple Standard Wavelengths, Specific Standard Wavelength
By Application
Beauty Spa, Hospital, Others
By Companies
Hologic, Inc(Cynosure), Apax Partners(Syneron Candela), Fosun Pharma (Sisram), XIO Group (Lumenis), Elen s.p.a, Cutera, Lutronic, Venus Concept, Miracle Laser Systems, Inc, Valeant Pharmaceuticals (Solta Medical, Inc), Viora, Fotona, Sciton, Inc, Lynton Lasers Group, Sharplight Technologies Ltd
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Laser Hair Removal Products Market Report Segments:
The global Laser Hair Removal Products market is segmented on the basis of:
Types
Multiple Standard Wavelengths, Specific Standard Wavelength
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
Beauty Spa, Hospital, Others
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:
- Hologic, Inc(Cynosure)
- Apax Partners(Syneron Candela)
- Fosun Pharma (Sisram)
- XIO Group (Lumenis)
- Elen s.p.a
- Cutera
- Lutronic
- Venus Concept
- Miracle Laser Systems, Inc
- Valeant Pharmaceuticals (Solta Medical, Inc)
- Viora
- Fotona
- Sciton, Inc
- Lynton Lasers Group
- Sharplight Technologies Ltd
Highlights of The Laser Hair Removal Products 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:
- Multiple Standard Wavelengths
- Specific Standard Wavelength
- By Application:
- Beauty Spa
- Hospital
- Others
- 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 Laser Hair Removal Products 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?
Laser hair removal products are a type of medical device that use lasers to remove hair from the skin.
Some of the major players in the laser hair removal products market are Hologic, Inc(Cynosure), Apax Partners(Syneron Candela), Fosun Pharma (Sisram), XIO Group (Lumenis), Elen s.p.a, Cutera, Lutronic, Venus Concept, Miracle Laser Systems, Inc, Valeant Pharmaceuticals (Solta Medical, Inc), Viora, Fotona, Sciton, Inc, Lynton Lasers Group, Sharplight Technologies Ltd.
The laser hair removal products market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Hair Removal Products 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 Laser Hair Removal Products Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Laser Hair Removal Products 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 Laser Hair Removal Products 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 Laser Hair Removal Products Market Size & Forecast, 2018-2028 4.5.1 Laser Hair Removal Products Market Size and Y-o-Y Growth 4.5.2 Laser Hair Removal Products Market Absolute $ Opportunity
Chapter 5 Global Laser Hair Removal Products 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 Laser Hair Removal Products Market Size Forecast by Type
5.2.1 Multiple Standard Wavelengths
5.2.2 Specific Standard Wavelength
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Hair Removal Products 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 Laser Hair Removal Products Market Size Forecast by Applications
6.2.1 Beauty Spa
6.2.2 Hospital
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Hair Removal Products 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 Laser Hair Removal Products 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 Laser Hair Removal Products Analysis and Forecast
9.1 Introduction
9.2 North America Laser Hair Removal Products 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 Laser Hair Removal Products Market Size Forecast by Type
9.6.1 Multiple Standard Wavelengths
9.6.2 Specific Standard Wavelength
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 Laser Hair Removal Products Market Size Forecast by Applications
9.10.1 Beauty Spa
9.10.2 Hospital
9.10.3 Others
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 Laser Hair Removal Products Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Hair Removal Products 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 Laser Hair Removal Products Market Size Forecast by Type
10.6.1 Multiple Standard Wavelengths
10.6.2 Specific Standard Wavelength
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 Laser Hair Removal Products Market Size Forecast by Applications
10.10.1 Beauty Spa
10.10.2 Hospital
10.10.3 Others
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 Laser Hair Removal Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Hair Removal Products 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 Laser Hair Removal Products Market Size Forecast by Type
11.6.1 Multiple Standard Wavelengths
11.6.2 Specific Standard Wavelength
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 Laser Hair Removal Products Market Size Forecast by Applications
11.10.1 Beauty Spa
11.10.2 Hospital
11.10.3 Others
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 Laser Hair Removal Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Hair Removal Products 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 Laser Hair Removal Products Market Size Forecast by Type
12.6.1 Multiple Standard Wavelengths
12.6.2 Specific Standard Wavelength
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 Laser Hair Removal Products Market Size Forecast by Applications
12.10.1 Beauty Spa
12.10.2 Hospital
12.10.3 Others
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) Laser Hair Removal Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Hair Removal Products 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) Laser Hair Removal Products Market Size Forecast by Type
13.6.1 Multiple Standard Wavelengths
13.6.2 Specific Standard Wavelength
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) Laser Hair Removal Products Market Size Forecast by Applications
13.10.1 Beauty Spa
13.10.2 Hospital
13.10.3 Others
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 Laser Hair Removal Products Market: Competitive Dashboard
14.2 Global Laser Hair Removal Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hologic, Inc(Cynosure)
14.3.2 Apax Partners(Syneron Candela)
14.3.3 Fosun Pharma (Sisram)
14.3.4 XIO Group (Lumenis)
14.3.5 Elen s.p.a
14.3.6 Cutera
14.3.7 Lutronic
14.3.8 Venus Concept
14.3.9 Miracle Laser Systems, Inc
14.3.10 Valeant Pharmaceuticals (Solta Medical, Inc)
14.3.11 Viora
14.3.12 Fotona
14.3.13 Sciton, Inc
14.3.14 Lynton Lasers Group
14.3.15 Sharplight Technologies Ltd