Market Overview:
The global light hair removal device and equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 201-400 USD, 100-200 USD, 400USD segments. The 201-400USD segment is expected to dominate the global light hair removal device and equipment market during the forecast period owing to its low cost as compared to other types of devices available in the market. On the basis of application, salon and clinics are expected to hold a major share in terms of revenue in 2018 followed by at-home use applications.
Product Definition:
Light hair removal devices are medical devices that use light energy to remove hair. The light energy is absorbed by the melanin in the hair follicle, which damages the follicle and inhibits future hair growth.
201-400 USD:
The global Light Hair Removal Device and Equipment market size was valued at USD 1.6 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2019 to 2025. Growing consciousness regarding personal grooming among men, women, and children has led to an increase in the demand for hair removal devices over the years.
100-200 USD:
The 100-200 USD range is considered to be the affordable hair removal devices and equipment. It includes various types of devices such as epilators, waxing kits, laser hair removal machines, and trimmers. The cost of these products varies depending upon their features and popularity among consumers.
Application Insights:
The at-home use application segment dominated the global light hair removal device and equipment market in 2017. This can be attributed to the growing preference for home beauty treatments, especially among women. Moreover, men are also increasingly opting for these devices and equipment in their homes as they believe it is more convenient than traveling to a salon or spa frequently. The at-home use application segment is expected to continue its dominance over the forecast period owing to increasing demand among consumers globally who prefer self-administration of medication.
Regional Analysis:
North America dominated the market in 2017 owing to high consumer awareness and availability of skilled professionals. Asia Pacific is expected to be the fastest-growing regional market over the forecast period due to rising disposable income, increasing beauty consciousness, and growing salons offering various light hair removal treatments at an affordable cost. Moreover, increasing number of manufacturers focusing on developing technologically advanced products will drive growth further.
Europe is also anticipated to witness significant growth over the forecast period owing to growing demand for aesthetic devices from countries such as Germany and France. The presence of a large number of manufacturers in these countries coupled with strong distribution network will continue driving this segment during the forecast years.
Growth Factors:
- Increasing demand for hair removal devices and equipment due to the rise in the number of people who are conscious about their appearance and want to get rid of unwanted hair.
- The increasing popularity of laser hair removal devices and equipment as they provide long-term results with minimal pain or discomfort.
- The growing awareness about the benefits of using light hair removal devices and equipment, such as less skin irritation, no ingrown hairs, etc.
- Advances in technology that have led to the development of more efficient and effective light hair removal devices and equipment. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Hair Removal Device and Equipment Market Research Report
By Type
201-400 USD, 100-200 USD, <100 USD, >400 USD
By Application
At-Home Use, Salon and Clinics
By Companies
Philips, Panasonic, Braun, Silk’n, CosBeauty, Ya-Man, Iluminage Beauty, SmoothSkin (Cyden), Remington, 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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Light Hair Removal Device and Equipment Market Report Segments:
The global Light Hair Removal Device and Equipment market is segmented on the basis of:
Types
201-400 USD, 100-200 USD, <100 USD, >400 USD
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
At-Home Use, Salon and Clinics
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
- Panasonic
- Braun
- Silk’n
- CosBeauty
- Ya-Man
- Iluminage Beauty
- SmoothSkin (Cyden)
- Remington
- Philips
Highlights of The Light Hair Removal Device and Equipment 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:
- 201-400 USD
- 100-200 USD
- <100 USD
- >400 USD
- By Application:
- At-Home Use
- Salon and Clinics
- 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 Light Hair Removal Device and Equipment 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?
A light hair removal device is a small, hand-held device that uses light to remove unwanted hair. It is often used on the face and upper body.
Some of the major players in the light hair removal device and equipment market are Philips, Panasonic, Braun, Silk’n, CosBeauty, Ya-Man, Iluminage Beauty, SmoothSkin (Cyden), Remington, Philips.
The light hair removal device and equipment market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Light Hair Removal Device and Equipment 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 Light Hair Removal Device and Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Light Hair Removal Device and Equipment 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 Light Hair Removal Device and Equipment 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 Light Hair Removal Device and Equipment Market Size & Forecast, 2018-2028
4.5.1 Light Hair Removal Device and Equipment Market Size and Y-o-Y Growth
4.5.2 Light Hair Removal Device and Equipment Market Absolute $ Opportunity
Chapter 5 Global Light Hair Removal Device and Equipment 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 Light Hair Removal Device and Equipment Market Size Forecast by Type
5.2.1 201-400 USD
5.2.2 100-200 USD
5.2.3 <100 USD
5.2.4 >400 USD
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Light Hair Removal Device and Equipment 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 Light Hair Removal Device and Equipment Market Size Forecast by Applications
6.2.1 At-Home Use
6.2.2 Salon and Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Light Hair Removal Device and Equipment 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 Light Hair Removal Device and Equipment 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 Light Hair Removal Device and Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Light Hair Removal Device and Equipment 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 Light Hair Removal Device and Equipment Market Size Forecast by Type
9.6.1 201-400 USD
9.6.2 100-200 USD
9.6.3 <100 USD
9.6.4 >400 USD
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 Light Hair Removal Device and Equipment Market Size Forecast by Applications
9.10.1 At-Home Use
9.10.2 Salon and Clinics
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 Light Hair Removal Device and Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Light Hair Removal Device and Equipment 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 Light Hair Removal Device and Equipment Market Size Forecast by Type
10.6.1 201-400 USD
10.6.2 100-200 USD
10.6.3 <100 USD
10.6.4 >400 USD
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 Light Hair Removal Device and Equipment Market Size Forecast by Applications
10.10.1 At-Home Use
10.10.2 Salon and Clinics
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 Light Hair Removal Device and Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Light Hair Removal Device and Equipment 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 Light Hair Removal Device and Equipment Market Size Forecast by Type
11.6.1 201-400 USD
11.6.2 100-200 USD
11.6.3 <100 USD
11.6.4 >400 USD
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 Light Hair Removal Device and Equipment Market Size Forecast by Applications
11.10.1 At-Home Use
11.10.2 Salon and Clinics
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 Light Hair Removal Device and Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Light Hair Removal Device and Equipment 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 Light Hair Removal Device and Equipment Market Size Forecast by Type
12.6.1 201-400 USD
12.6.2 100-200 USD
12.6.3 <100 USD
12.6.4 >400 USD
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 Light Hair Removal Device and Equipment Market Size Forecast by Applications
12.10.1 At-Home Use
12.10.2 Salon and Clinics
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) Light Hair Removal Device and Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Light Hair Removal Device and Equipment 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) Light Hair Removal Device and Equipment Market Size Forecast by Type
13.6.1 201-400 USD
13.6.2 100-200 USD
13.6.3 <100 USD
13.6.4 >400 USD
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) Light Hair Removal Device and Equipment Market Size Forecast by Applications
13.10.1 At-Home Use
13.10.2 Salon and Clinics
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 Light Hair Removal Device and Equipment Market: Competitive Dashboard
14.2 Global Light Hair Removal Device and Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 Panasonic
14.3.3 Braun
14.3.4 Silk’n
14.3.5 CosBeauty
14.3.6 Ya-Man
14.3.7 Iluminage Beauty
14.3.8 SmoothSkin (Cyden)
14.3.9 Remington
14.3.10 Philips
