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Laser Hair Removal Market Size, Share & Trends Analysis Report By Laser Type (Diode Laser, Nd:YAG Laser, Alexandrite Laser), By End Use (Beauty Clinics, Dermatology Clinics, Home Use), By Region, And Segment Forecasts, 2022 - 2030

June 2022 | 110 pages | ID: LBBB9087688FEN
Grand View Research, Inc.

US$ 5,950.00

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Laser Hair Removal Market Growth & Trends

The global laser hair removal market size is expected to reach USD 3.6 billion by 2030 registering a CAGR of 18.4% over the forecast period, according to a new report by Grand View Research, Inc. 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 the 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 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 the market growth.

Laser Hair Removal Market Report Highlights
  • The Nd:YAG laser type segment is expected to register the fastest CAGR from 2021 to 2028 owing to the high efficiency of these products on all skin types, including tanned skin, and faster repetition rates
  • The beauty clinics 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 aesthetics devices for hair removal
  • The dermatology clinics segment is projected to account for a significant market share by 2028 due to the availability of skilled professionals and efficient treatments with extreme safety and comfort
  • North America was the dominant regional market in 2020 and is expected to expand further at a steady CAGR from 2021 to 2028 owing to a huge market of dermatology clinics and the adoption of innovative devices
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market segmentation & scope
1.2. Information procurement
  1.2.1. Purchased database
  1.2.2. GVR’s internal database
  1.2.3. Secondary sources & third-party perspectives
  1.2.4. Primary research
1.3. Information analysis
  1.3.1. Data analysis models
1.4. Market formulation & data visualization
1.5. Data validation & publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

CHAPTER 3. LASER HAIR REMOVAL MARKET VARIABLES, TRENDS & SCOPE

3.1. Penetration & Growth Prospect Mapping
3.2. Market Dynamics
  3.2.1. Market Driver Analysis
    3.2.1.1. Increasing inclination towards aesthetic beauty
    3.2.1.2. Technological advancement in aesthetic lasers
  3.2.2. Market Restraint Analysis
    3.2.2.1. High type price of laser type
  3.2.3. Industry Challenges
3.3. Laser Hair Removal: Market Analysis Tools
  3.3.1. Industry Analysis - Porter’s
    3.3.1.1. Supplier Power
    3.3.1.2. Buyer Power
    3.3.1.3. Substitution Threat
    3.3.1.4. Threat from new entrant
    3.3.1.5. Competitive rivalry
  3.3.2. PESTEL Analysis
    3.3.2.1. Political Landscape
    3.3.2.2. Environmental Landscape
    3.3.2.3. Social Landscape
    3.3.2.4. Technology Landscape
    3.3.2.5. Legal Landscape

CHAPTER 4. LASER HAIR REMOVAL MARKET: SEGMENT ANALYSIS, BY LASER TYPE, 2018 - 2030 (USD MILLION)

4.1. Type market share analysis, 2022 & 2026
4.2. Global Laser Hair Removal Market, By Laser Type, 2018 - 2030
4.3. Market Size & Forecasts and Trend Analyses, 2018 - 2030 for the following
  4.3.1. Diode Laser
  4.3.2. Nd:YAG
  4.3.3. Alexandrite Laser

CHAPTER 5. LASER HAIR REMOVAL MARKET: SEGMENT ANALYSIS, BY END USE, 2018 - 2030 (USD MILLION)

5.1. End-use market share analysis, 2022 & 2026
5.2. Global Laser Hair Removal Market, By End Use, 2018 - 2030
5.3. Market Size & Forecasts and Trend Analyses, 2018 - 2030 for the following
  5.3.1. Beauty Clinics
  5.3.2. Dermatology Clinics
  5.3.3. Home Use

CHAPTER 6. LASER HAIR REMOVAL MARKET: REGIONAL MARKET ANALYSIS, BY REGION, 2018 - 2030 (USD MILLION)

6.1. Regional market share analysis, 2022 & 2030
6.2. Market Size, & Forecasts, and Trend Analysis, 2022 to 2030:
6.3. North America
  6.3.1. Market estimates and forecast, by country, 2018 - 2030 (USD Million)
  6.3.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
  6.3.3. The U.S.
    6.3.3.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
  6.3.4. Canada
    6.3.4.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
6.4. Europe
  6.4.1. Market estimates and forecast, by country, 2018 - 2030 (USD Million)
  6.4.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
  6.4.3. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.4.4. Germany
    6.4.4.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.4.4.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.4.5. The U.K.
    6.4.5.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.4.5.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.4.6. France
    6.4.6.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.4.6.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.4.7. Italy
    6.4.7.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.4.7.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.4.8. Spain
    6.4.8.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.4.8.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
6.5. Asia Pacific
  6.5.1. Market estimates and forecast, by country, 2018 - 2030 (USD Million)
  6.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
  6.5.3. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.5.4. China
    6.5.4.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.5.4.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.5.5. Japan
    6.5.5.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.5.5.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.5.6. India
    6.5.6.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.5.6.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.5.7. Singapore
    6.5.7.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.5.7.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.5.8. South Korea
    6.5.8.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.5.8.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
6.6. Latin America
  6.6.1. Market estimates and forecast, by country, 2018 - 2030 (USD Million)
  6.6.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
  6.6.3. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.6.4. Brazil
    6.6.4.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.6.4.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.6.5. Mexico
    6.6.5.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.6.5.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.6.6. Argentina
    6.6.6.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.6.6.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.6.7. Colombia
    6.6.7.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.6.7.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.6.8. Chile
    6.6.8.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.6.8.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
6.7. Middle East and Africa
  6.7.1. Market estimates and forecast, by country, 2018 - 2030 (USD Million)
  6.7.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
  6.7.3. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.7.4. South Africa
    6.7.4.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.7.4.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.7.5. Saudi Arabia
    6.7.5.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.7.5.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
  6.7.6. UAE
    6.7.6.1. Market estimates and forecast, by type, 2018 - 2030 (USD Million)
    6.7.6.2. Market estimates and forecast, by end-use, 2018 - 2030 (USD Million)

CHAPTER 7. LASER HAIR REMOVAL MARKET - COMPETITIVE ANALYSIS

7.1. Recent developments & impact analysis, by key market participants
7.2. Key companies profiled
  7.2.1. Solta Medical Inc.
    7.2.1.1. Company Overview
    7.2.1.2. Financial Performance
    7.2.1.3. Material Benchmarking
    7.2.1.4. Strategic Initiatives
  7.2.2. Cynosure Inc.
    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. LUMENIS
    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. Venus Concept
    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. Syneron Medial Ltd
    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. Alma Lasers Ltd
    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. Lutronic
    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. Cutera Inc
    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. Viora
    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 Global Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 2 Global Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 3 Global 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 North America Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 6 North America Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 7 U.S. Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 8 U.S. Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 9 U.S. Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 10 Canada Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 11 Canada Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 12 Canada Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 13 Europe Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 14 Europe Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 15 Europe Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 16 U.K. Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 17 U.K. Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 18 U.K. Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 19 Germany Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 20 Germany Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 21 Germany Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 22 France Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 23 France Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 24 France Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 25 Italy Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 26 Italy Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 28 Italy Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 29 Spain Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 30 Spain Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 31 Spain Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 32 Asia Pacific Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 33 Asia Pacific Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 34 Asia Pacific Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 35 Japan Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 36 Japan Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 37 Japan Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 38 China Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 39 China Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 40 China Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 41 India Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 42 India Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 43 India Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 44 Singapore Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 45 Singapore Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 46 Singapore Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 47 South Korea Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 48 South Korea Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 49 South Korea Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 50 Latin America Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 51 Latin America Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 52 Latin America Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 53 Brazil Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 54 Brazil Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 55 Brazil Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 56 Mexico Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 57 Mexico Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 58 Mexico Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 59 Argentina Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 60 Argentina Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 61 Argentina Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 62 Chile Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 63 Chile Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 64 Chile Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 65 Colombia Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 66 Colombia Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 67 Colombia Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 68 Middle East & Africa Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 69 Middle East & Africa Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 70 Middle East & Africa Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 71 South Africa Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 72 South Africa Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 73 South Africa Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 74 Saudi Arabia Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 75 Saudi Arabia Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 76 Saudi Arabia Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 77 UAE Laser Hair Removal Market, By Region, 2018 - 2030 (USD Million)
Table 78 UAE Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)
Table 79 UAE Laser Hair Removal Market, By Laser type, 2018 - 2030 (USD Million)

LIST OF FIGURES

Fig. 1 Market research process
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value chain-based sizing & forecasting
Fig. 6 QFD modelling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Laser Hair Removal market segmentation
Fig. 9 Market driver relevance analysis (Current & future impact)
Fig. 10 Market restraint relevance analysis (Current & future impact)
Fig. 11 Market challenge relevance analysis (Current & future impact)
Fig. 12 Penetration & growth prospect mapping
Fig. 13 SWOT analysis, by factor (political & legal, economic and technological)
Fig. 14 Porter’s five forces analysis
Fig. 15 Market penetration vs growth prospect mapping
Fig. 16 Laser Hair Removal market laser type outlook: Key takeaways
Fig. 17 Laser Hair Removal market: laser type movement analysis
Fig. 18 Regional marketplace: Key takeaways
Fig. 19 Regional outlook, 2022 & 2030
Fig. 20 North America Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 21 U.S. Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 22 Canada Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 23 Europe Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 24 U.K. Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 25 Germany Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 26 Italy Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 27 Spain Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 28 France Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 29 Asia Pacific Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 30 Japan Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 31 China Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 32 India Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 33 Singapore Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 34 South Korea Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 35 Latin America Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 36 Brazil Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 37 Mexico Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 38 Argentina Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 39 Colombia Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 40 Chile Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 41 MEA Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 42 South Africa Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 43 Saudi Arabia Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 44 UAE Laser Hair Removal market, 2018 - 2030 (USD Million)
Fig. 45 Strategy framework


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