Laser
Hair Removal Market Outlook
Laser Hair Removal market size was valued at USD 1.3 billion in 2023 and is estimated to reach a value of USD 6.4 billion by 2035 with a CAGR of 14.5% during the forecast period 2024-2035.
Laser hair
removal market forecast is influenced by several factors, including increasing
consumer demand for non-invasive cosmetic procedures, technological
advancements enhancing treatment efficacy and safety, rising disposable
incomes, and growing awareness about aesthetic treatments. Additionally,
demographic trends such as aging populations and changing beauty standards
contribute to market growth. Moreover, expanding adoption of laser hair removal
in both professional settings and home-use applications, coupled with favorable
regulatory environments and advancements in laser technology, are expected to
drive market expansion. Furthermore, the rise of medical tourism and the
availability of cost-effective treatment options in emerging markets are
anticipated to fuel global market growth.
The laser hair removal market presents a significant opportunity driven by various factors. Rising consumer demand for long-lasting and efficient hair removal solutions, coupled with advancements in laser technology improving treatment outcomes and safety, create a favorable environment for market growth. Additionally, expanding awareness about personal grooming and aesthetic treatments, alongside increasing disposable incomes, contribute to market expansion. Moreover, the growing popularity of non-invasive cosmetic procedures among both genders and across diverse age groups further enhances the market's potential. Furthermore, the adoption of laser hair removal in emerging markets and the availability of innovative home-use devices offer additional avenues for market penetration and growth.Â
Key Insights
Based on
product, laser hair removal market share is dominated by Diode Laser Systems
with a key stake of 45.74% in 2023. In the laser hair removal market, key
trends surrounding Diode Laser Systems include advancements in technology
leading to increased efficiency and safety, making treatments more accessible
and appealing to consumers. Moreover, there is a growing demand for portable
and home-use diode laser devices, offering convenience and cost-effectiveness.
Additionally, customization options such as adjustable wavelengths and pulse
durations cater to individual skin types and treatment preferences, enhancing
overall patient satisfaction. Furthermore, the integration of diode laser systems
with innovative cooling technologies reduces discomfort during treatments,
improving the overall patient experience and driving adoption in both clinical
and aesthetic settings.
In terms of
regional analysis, Asia Pacific is estimated to grow at a CAGR of 15.4% during
the forecast period. In the Asia-Pacific (APAC) laser hair removal market, key
trends include the increasing adoption of advanced laser technologies, such as
Diode and Alexandrite systems, driven by rising disposable incomes and a
growing emphasis on personal grooming. Moreover, there is a surge in demand for
non-invasive cosmetic procedures, particularly in countries like China, Japan,
and South Korea, where beauty standards play a significant role. Additionally,
the expansion of medical tourism in the region, coupled with the availability
of cost-effective treatment options, is driving market growth. Furthermore,
advancements in home-use laser devices and the rising popularity of aesthetic
clinics contribute to market expansion in APAC.
Laser Hair Removal Market Data and Dashboard
Our marketing
platform comes with an all-inclusive dashboard, giving clients valuable
insights into market trends spanning several years. You can take a look at a
sample image of our dashboard below, and we'll provide specific PDF logins to
give you access to this insightful tool.
Market Dynamics
Increasing demand for non-invasive cosmetic procedures
The increasing
demand for non-invasive cosmetic procedures stands out as a key driver in the
laser hair removal market, reshaping the landscape of aesthetic treatments
worldwide. This trend is fueled by several factors, including a growing
emphasis on self-care and personal grooming, driven by societal norms and
evolving beauty standards. Consumers are increasingly seeking safe, effective,
and convenient solutions to enhance their appearance without undergoing
invasive surgical procedures.
Laser hair
removal offers an attractive alternative to traditional hair removal methods
like waxing, shaving, and plucking, providing long-lasting results with minimal
discomfort and downtime. As a result, individuals are increasingly turning to
laser technology to achieve smooth, hair-free skin, not just for aesthetic
reasons but also for practicality and convenience.
Furthermore, the
rise of social media and digital platforms has contributed to the normalization
and acceptance of cosmetic procedures, driving awareness and interest among a
wider audience. Celebrities and influencers openly share their experiences with
laser hair removal, influencing consumer perceptions and preferences.
Overall, the
increasing demand for non-invasive cosmetic procedures, including laser hair
removal, reflects a broader societal shift towards self-care, empowerment, and
confidence enhancement. As consumer interest continues to grow, the laser hair
removal market is poised for sustained expansion, offering significant
opportunities for businesses and practitioners alike.
Rising prevalence of conditions like hirsutism and
polycystic ovary syndrome (PCOS), driving demand for hair removal solutions.
The rising
prevalence of conditions such as hirsutism and polycystic ovary syndrome (PCOS)
serves as a significant driver in the laser hair removal market, profoundly
influencing the demand for hair removal solutions. Hirsutism, characterized by
excessive hair growth in women, and PCOS, a hormonal disorder affecting
reproductive health, often manifest with unwanted facial and body hair growth,
leading to emotional distress and lowered self-esteem among affected
individuals.
As awareness
about these conditions increases, more individuals seek effective and
long-lasting solutions to manage their symptoms and improve their quality of
life. Laser hair removal emerges as a preferred treatment option due to its ability
to target and reduce unwanted hair growth safely and efficiently, offering a
permanent solution compared to temporary methods like shaving or waxing.
Furthermore, the
efficacy and convenience of laser hair removal make it particularly appealing
for individuals with hirsutism and PCOS, providing relief from the physical
discomfort and psychological burden associated with excessive hair growth. As a
result, healthcare providers and dermatologists increasingly recommend laser
hair removal as part of the comprehensive management approach for these
conditions, further driving demand in the market.
Overall, the
rising prevalence of hirsutism and PCOS underscores the importance of laser
hair removal as a therapeutic intervention, highlighting its role in enhancing
the quality of life for individuals affected by these conditions and driving
growth in the laser hair removal market.
Factors |
Value |
Category |
Healthcare |
Pages |
380 |
Table Count |
210 |
Chart Count |
160 |
Companies Count |
30 |
Countries Count |
50 |
Report Type |
Published |
Report Region |
Global |
Largest Market |
North America |
Fastest Growing Market |
APAC |
Base Year |
2023 |
Market Size in Base Year |
1.3 Billion |
CAGR (2024-2035) |
14.50% |
Forecast Year |
2024-2035 |
Historical Year |
2019-2022 |
Market Size in 2035 |
6,4 billion |
Countries Covered |
U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Turkey, Israel, China, Japan, India, South Korea, Australia, SEA, Brazil, Chile,Argentina, Saudi Arabia, UAE, Qatar, South Africa,Rest of World |
Region Covered |
North America, Europe, APAC, South America, Middle East and
Africa |
Key Drivers |
 Increasing demand for non-invasive cosmetic procedures  Rising prevalence of conditions like hirsutism and  polycystic ovary syndrome (PCOS), driving demand for hair
removal solutions. |
Segments Covered |
product, application, end user and sales channel |
Â
Market Analysis by Product
Based on product,
Laser Hair Removal market is segmented into Diode Laser Systems, Alexandrite
Laser Systems, Nd:YAG Laser Systems, Intense Pulsed Light (IPL) Devices. Diode
Laser Systems acquired a market value of USD 590 million in 2023 and is
estimated to grow at a CAGR of 12.1% during the forecast period.
In the laser hair removal market, Diode Laser Systems are experiencing several key trends that are reshaping the landscape of hair removal treatments. Firstly, there is a notable trend towards the development of more compact and portable diode laser devices, catering to the growing demand for at-home hair removal solutions. These portable devices offer convenience and flexibility for consumers seeking professional-quality results in the comfort of their own homes.
Secondly,
advancements in diode laser technology have led to the introduction of devices
with improved safety features, such as built-in skin cooling mechanisms and
adjustable energy settings, minimizing the risk of adverse effects and
enhancing patient comfort during treatments.
Additionally,
there is a growing trend towards the customization of diode laser treatments to
accommodate diverse skin types and hair colors. Manufacturers are incorporating
adjustable wavelengths and pulse durations into their devices, allowing
practitioners to tailor treatments to individual patient needs, resulting in
more precise and effective hair removal outcomes.
Overall, these
trends highlight the ongoing innovation and evolution of Diode Laser Systems in
the laser hair removal market, driving increased accessibility, safety, and
efficacy for consumers seeking long-term solutions to unwanted hair.
Segments |
Values |
By Sales
Channel |
·       Â
Direct Sales ·       Â
Distributors/Wholesalers ·       Â
Online Retailers ·       Â
Offline Retailers |
By Application |
·       Â
Permanent Hair Reduction ·       Â
Hair Removal ·       Â
Others (Skin Rejuvenation,
Acne Treatment, etc.) |
By End User |
·       Â
Dermatology Clinics ·       Â
Beauty Clinics ·       Â
Home-Use Devices |
Â
Market Analysis by Region
Laser Hair
Removal market analysis includes the statistics of major geographies such as
North America, Europe, Asia Pacific, South America and MEA.
In terms of Laser Hair Removal market statistics, North America acquired a market value of USD 460 million in 2023 and is estimated to reach a value of USD 2.3 billion by 2035 with a CAGR of 14.7% during the forecast period.
In North
America, several key trends are shaping the laser hair removal market. Firstly,
there is a growing demand for advanced laser technologies, such as Diode and
Alexandrite systems, driven by consumer preferences for effective and efficient
hair removal solutions. These advanced technologies offer superior results
compared to traditional methods and are increasingly favored by both consumers
and practitioners.
Secondly, there
is a rising trend towards the adoption of home-use laser devices, fueled by the
convenience and cost-effectiveness they offer. Consumers are increasingly
seeking professional-quality hair removal treatments in the comfort of their
own homes, leading to the proliferation of portable and user-friendly laser
devices in the market.
Additionally,
there is a growing emphasis on safety and efficacy in laser hair removal
treatments, with practitioners prioritizing patient comfort and satisfaction.
This has led to the development of innovative cooling technologies and
customizable treatment protocols, ensuring optimal outcomes for patients of all
skin types and hair colors.
Furthermore,
there is a trend towards the integration of laser hair removal services into
medical spas and aesthetic clinics, reflecting the increasing demand for
comprehensive beauty and wellness solutions. These clinics offer a range of
cosmetic procedures, including laser hair removal, under the supervision of
trained professionals, providing consumers with access to high-quality
treatments in a clinical setting.
Overall, these trends underscore the dynamic and evolving nature of the laser hair removal market in North America, driven by advancements in technology, changing consumer preferences, and an increasing focus on safety and efficacy.
In the
Asia-Pacific (APAC) region, several key trends are driving the laser hair
removal market. Firstly, there is a growing adoption of laser technology for
aesthetic treatments, including hair removal, fueled by rising disposable
incomes, urbanization, and a growing focus on personal grooming.
Secondly, there
is an increasing demand for advanced laser systems, such as Diode and Alexandrite
lasers, which offer superior results and safety profiles compared to
traditional methods. These advanced technologies are becoming increasingly
accessible to consumers across the region, driving market growth.
Additionally,
there is a trend towards the development of innovative home-use laser devices,
catering to consumers seeking convenient and cost-effective hair removal
solutions. These portable devices offer flexibility and privacy, appealing to
busy urban populations.
Moreover, there
is a rising trend towards medical tourism, with consumers traveling to APAC
countries known for their high-quality and affordable cosmetic procedures,
including laser hair removal. This trend is supported by the presence of
well-established aesthetic clinics and skilled practitioners in the region.
Overall, these
trends highlight the dynamic and evolving nature of the laser hair removal
market in the Asia-Pacific region, driven by technological advancements,
changing consumer preferences, and increasing demand for aesthetic treatments.
Competitive Landscape
Key companies operating within the Laser Hair Removal
market are: Alma Lasers Ltd, Cutera, Inc, Cynosure
Inc, LUMENIS, Lutronic, Sciton Inc, Solta Medical Inc, Syneron Medical Ltd.,
Venus Concept Canada Corp, Viora
Recent Development:
In October 2022,
Ulike unveiled its Sapphire Ice-cooling hair removal device, Air3, expanding
its reach to a wider consumer base and introducing advanced beauty technology
to women in Southeast Asia. The Air3 sapphire hair removal device boasts
increased energy efficiency, with total energy utilization boosted to 21J. This
state-of-the-art device features enhanced cooling capabilities and innovative
technology, ensuring users a comfortable and effective hair removal experience.
In March 2022, Lumenis launched its cutting-edge Splendor X device in the United Kingdom market. This groundbreaking device received CE clearance for various treatments, including hair removal, vascular treatments, pigmented lesions, and wrinkle treatment. With its versatile capabilities, the Splendor X device provides a comprehensive solution for diverse aesthetic concerns, empowering practitioners to deliver personalized and effective treatments to their patients. This launch strengthens Lumenis' presence in the UK market and equips healthcare professionals with advanced tools to address the varying needs of their clientele.
1.    Â
Global
Laser Hair Removal Market Introduction and Market Overview
1.1.   Objectives of the Study
1.2.   Global Laser Hair Removal Market
Scope and Market Estimation
1.2.1. Global Laser Hair Removal Overall
Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2024 - 2035)
1.2.2. Global Laser Hair Removal Market
Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2035
1.3.   Market Segmentation
1.3.1. By Product
1.3.2. By Application
1.3.3. By End User
1.3.4. By Sales Channel
2.    Â
Executive Summary
2.1.   Market Dynamics
2.1.1. Drivers
2.1.2. Limitations
2.1.3. Opportunities
2.1.4. Impact Analysis of Drivers and
Restraints
2.2.   Pricing Trends Analysis &
Average Selling Prices (ASPs)
2.3.   Key Mergers & Acquisitions,
Expansions, JVs, Funding / VCs, etc.
2.4.   Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitutes
2.4.4. Threat of New Entrants
2.4.5. Competitive Rivalry
2.5.   Value Chain / Ecosystem Analysis
2.6.   Patent Analysis
2.7.   Case Study Analysis
2.8.   Economic Downturn Analysis
2.9.     Market Investment Opportunity
Analysis (Top Investment Pockets), By Segments & By Region
3.    Â
Global Laser Hair Removal Market Estimates & Historical Trend Analysis (2019 -
2022)
4.    Â
Global Laser Hair Removal Market Estimates & Forecast Trend Analysis, by
Product
4.1.   Global Laser Hair Removal Market
Revenue (US$ Mn) Estimates and Forecasts, by Product, 2019 to 2035
4.1.1. Diode Laser Systems
4.1.2. Alexandrite Laser Systems
4.1.3. Nd: YAG Laser Systems
4.1.4. Intense Pulsed Light (IPL)
Devices
5.    Â
Global Laser Hair Removal Market Estimates & Forecast Trend Analysis, by
Application
5.1.   Global Laser Hair Removal Market
Revenue (US$ Mn) Estimates and Forecasts, by Application, 2019 to 2035
5.1.1. Permanent Hair Reduction
5.1.2. Hair Removal
5.1.3. Others (Skin Rejuvenation, Acne
Treatment, etc.)
6.    Â
Global Laser Hair Removal Market Estimates & Forecast Trend Analysis, by
End User
6.1.   Global Laser Hair Removal Market
Revenue (US$ Mn) Estimates and Forecasts, by End User, 2019 to 2035
6.1.1. Dermatology Clinics
6.1.2. Beauty Clinics
6.1.3. Home-Use Devices
7.    Â
Global Laser Hair Removal Market Estimates & Forecast Trend Analysis, by
Sales Channel
7.1.   Global Laser Hair Removal Market
Revenue (US$ Mn) Estimates and Forecasts, by Sales Channel, 2019 to 2035
7.1.1. Direct Sales
7.1.2. Distributors/Wholesalers
7.1.3. Online Retailers
7.1.4. Offline Retailers
8.    Â
Global Laser Hair Removal Market Estimates & Forecast Trend Analysis,
by Region
8.1.  Â
Global
Laser Hair Removal Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019
to 2035
8.1.1. North America
8.1.2. Europe
8.1.3. Asia Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9.    Â
North
America Laser Hair Removal Market: Estimates & Forecast Trend Analysis
9.1.  Â
North
America Laser Hair Removal Market Assessments & Key Findings
9.1.1. North America Laser Hair Removal
Market Introduction
9.1.2. North America Laser Hair Removal
Market Size Estimates and Forecast (US$ Million) (2019 - 2035)
9.1.2.1.  By Product
9.1.2.2.  By Application
9.1.2.3.  By End User
9.1.2.4.  By Sales Channel
9.1.2.5.  By Country
9.1.2.5.1.    The U.S.
9.1.2.5.1.1.     Â
By Product
9.1.2.5.1.2.     Â
By Application
9.1.2.5.1.3.     Â
By End User
9.1.2.5.1.4.     Â
By Sales Channel
9.1.2.5.2.    Canada
9.1.2.5.2.1.     Â
By Product
9.1.2.5.2.2.     Â
By Application
9.1.2.5.2.3.     Â
By End User
9.1.2.5.2.4.     Â
By Sales Channel
9.1.2.5.3.    Mexico
9.1.2.5.3.1.     Â
By Product
9.1.2.5.3.2.     Â
By Application
9.1.2.5.3.3.     Â
By End User
9.1.2.5.3.4.     Â
By Sales Channel
10. Europe Laser
Hair Removal Market: Estimates &
Forecast Trend Analysis
10.1. Europe Laser Hair Removal Market
Assessments & Key Findings
10.1.1.  Europe Laser Hair Removal Market
Introduction
10.1.2.  Europe Laser Hair Removal Market
Size Estimates and Forecast (US$ Million) (2019 - 2035)
10.1.2.1.   By Product
10.1.2.2.   By Application
10.1.2.3.   By End User
10.1.2.4.   By Sales Channel
10.1.2.5.   By Country
10.1.2.5.1. Germany
10.1.2.5.1.1.By
Product
10.1.2.5.1.2.By
Application
10.1.2.5.1.3.By
End User
10.1.2.5.1.4.By
Sales Channel
10.1.2.5.2. U.K.
10.1.2.5.2.1.By
Product
10.1.2.5.2.2.By
Application
10.1.2.5.2.3.By
End User
10.1.2.5.2.4.By
Sales Channel
10.1.2.5.3. France
10.1.2.5.3.1. Â
By Product
10.1.2.5.3.2. Â
By Application
10.1.2.5.3.3. Â
By End User
10.1.2.5.3.4. Â
By Sales Channel
10.1.2.5.4. Italy
10.1.2.5.4.1. Â
By Product
10.1.2.5.4.2. Â
By Application
10.1.2.5.4.3. Â
By End User
10.1.2.5.4.4. Â
By Sales Channel
10.1.2.5.5. Spain
10.1.2.5.5.1. Â
By Product
10.1.2.5.5.2. Â
By Application
10.1.2.5.5.3. Â
By End User
10.1.2.5.5.4. Â
By Sales Channel
10.1.2.5.6. Russia
10.1.2.5.6.1. Â
By Product
10.1.2.5.6.2. Â
By Application
10.1.2.5.6.3. Â
By End User
10.1.2.5.6.4. Â
By Sales Channel
10.1.2.5.7. Rest of Europe
10.1.2.5.7.1. Â
By Product
10.1.2.5.7.2. Â
By Application
10.1.2.5.7.3. Â
By End User
10.1.2.5.7.4. Â
By Sales Channel
11. Asia Pacific Laser
Hair Removal Market: Estimates &
Forecast Trend Analysis
11.1. Asia Pacific Market Assessments
& Key Findings
11.1.1.  Asia Pacific Laser Hair Removal
Market Introduction
11.1.2.  Asia Pacific Laser Hair Removal
Market Size Estimates and Forecast (US$ Million) (2019 - 2035)
11.1.2.1.   By Product
11.1.2.2.   By Application
11.1.2.3.   By End User
11.1.2.4.   By Sales Channel
11.1.2.5.   By Country
11.1.2.5.1. China
11.1.2.5.1.1. Â
By Product
11.1.2.5.1.2. Â
By Application
11.1.2.5.1.3. Â
By End User
11.1.2.5.1.4. Â
By Sales Channel
11.1.2.5.2. Japan
11.1.2.5.2.1. Â
By Product
11.1.2.5.2.2. Â
By Application
11.1.2.5.2.3. Â
By End User
11.1.2.5.2.4. Â
By Sales Channel
11.1.2.5.3. India
11.1.2.5.3.1. Â
By Product
11.1.2.5.3.2. Â
By Application
11.1.2.5.3.3. Â
By End User
11.1.2.5.3.4. Â
By Sales Channel
11.1.2.5.4. Australia
11.1.2.5.4.1. Â
By Product
11.1.2.5.4.2. Â
By Application
11.1.2.5.4.3. Â
By End User
11.1.2.5.4.4. Â
By Sales Channel
11.1.2.5.5. South Korea
11.1.2.5.5.1. Â
By Product
11.1.2.5.5.2. Â
By Application
11.1.2.5.5.3. Â
By End User
11.1.2.5.5.4. Â
By Sales Channel
11.1.2.5.5.5.  Â
11.1.2.5.6. ASEAN
11.1.2.5.6.1. Â
By Product
11.1.2.5.6.2. Â
By Application
11.1.2.5.6.3. Â
By End User
11.1.2.5.6.4. Â
By Sales Channel
11.1.2.5.7. Rest of Asia Pacific
11.1.2.5.7.1. Â
By Product
11.1.2.5.7.2. Â
By Application
11.1.2.5.7.3. Â
By End User
11.1.2.5.7.4. Â
By Sales Channel
12. Middle East & Africa Laser
Hair Removal Market: Estimates &
Forecast Trend Analysis
12.1. Middle East & Africa Market
Assessments & Key Findings
12.1.1.  Middle
East & Africa Laser
Hair Removal Market Introduction
12.1.2.  Middle
East & Africa Laser
Hair Removal Market Size Estimates and Forecast (US$ Million) (2019 - 2035)
12.1.2.1.   By Product
12.1.2.2.   By Application
12.1.2.3.   By End User
12.1.2.4.   By Sales Channel
12.1.2.5.   By Country
12.1.2.5.1. U.A.E.
12.1.2.5.1.1. Â
By Product
12.1.2.5.1.2. Â
By Application
12.1.2.5.1.3. Â
By End User
12.1.2.5.1.4. Â
By Sales Channel
12.1.2.5.2. Saudi Arabia
12.1.2.5.2.1. Â
By Product
12.1.2.5.2.2. Â
By Application
12.1.2.5.2.3. Â
By End User
12.1.2.5.2.4. Â
By Sales Channel
12.1.2.5.3. Egypt
12.1.2.5.3.1. Â
By Product
12.1.2.5.3.2. Â
By Application
12.1.2.5.3.3. Â
By End User
12.1.2.5.3.4. Â
By Sales Channel
12.1.2.5.4. South Africa
12.1.2.5.4.1. Â
By Product
12.1.2.5.4.2. Â
By Application
12.1.2.5.4.3. Â
By End User
12.1.2.5.4.4. Â
By Sales Channel
12.1.2.5.5. Rest of Middle East & Africa
12.1.2.5.5.1. Â
By Product
12.1.2.5.5.2. Â
By Application
12.1.2.5.5.3. Â
By End User
12.1.2.5.5.4. Â
By Sales Channel
13. South America
Laser Hair Removal Market: Estimates
& Forecast Trend Analysis
13.1. South America Market Assessments
& Key Findings
13.1.1.  South America Laser Hair Removal
Market Introduction
13.1.2.  South America Laser Hair Removal
Market Size Estimates and Forecast (US$ Million) (2019 - 2035)
13.1.2.1.   By Product
13.1.2.2.   By Application
13.1.2.3.   By End User
13.1.2.4.   By Sales Channel
13.1.2.5.   By Country
13.1.2.5.1. Brazil
13.1.2.5.1.1. Â
By Product
13.1.2.5.1.2. Â
By Application
13.1.2.5.1.3. Â
By End User
13.1.2.5.1.4. Â
By Sales Channel
13.1.2.5.2. Argentina
13.1.2.5.2.1. Â
By Product
13.1.2.5.2.2. Â
By Application
13.1.2.5.2.3. Â
By End User
13.1.2.5.2.4. Â
By Sales Channel
13.1.2.5.3. Colombia
13.1.2.5.3.1. Â
By Product
13.1.2.5.3.2. Â
By Application
13.1.2.5.3.3. Â
By End User
13.1.2.5.3.4. Â
By Sales Channel
13.1.2.5.4. Rest of South America
13.1.2.5.4.1. Â
By Product
13.1.2.5.4.2. Â
By Application
13.1.2.5.4.3. Â
By End User
13.1.2.5.4.4. Â
By Sales Channel
14. Competition Landscape
14.1. Global Laser Hair Removal Market
Competition Matrix & Benchmarking, by Leading Players / Innovators /
Emerging Players / New Entrants
14.2. Global Laser Hair Removal Market
Competition White Space Analysis, By Application
14.3. Global Laser Hair Removal Market
Competition Heat Map Analysis, By End Use
14.4. Global Laser Hair Removal Market
Concentration & Company Market Shares (%) Analysis, 2023
15. Company Profiles
15.1.  Alma Lasers
Ltd
15.1.1.  Company Overview & Key Stats
15.1.2.  Financial Performance & KPIs
15.1.3.  Sales Channel Portfolio
15.1.4.  Business Strategy & Recent
Developments
15.1.5.  Technology and Pricing
15.1.6.  Key Suppliers
* Similar details would be provided
for all the players mentioned belowÂ
15.2.     Cutera, Inc
15.3.     Cynosure Inc
15.4.     LUMENIS
15.5.     Lutronic
15.6.     Sciton Inc
15.7.     Solta Medical
Inc
15.8.     Syneron Medical
Ltd.
15.9.     Venus Concept
Canada Corp
15.10. Viora
15.11. Others
16. Research
Methodology
16.1. External Transportations /
Databases
16.2. Internal Proprietary Database
16.3. Primary Research
16.4. Secondary Research
16.5. Assumptions
16.6. Limitations
16.7. Report FAQs
17. Research Findings & Conclusion
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Laser Hair Removal market size was valued at USD 1.3 billion in 2023 and is estimated to reach a value of USD 6.4 billion by 2035 with a CAGR of 14.5% during the forecast period 2024-2035.
On average, laser hair removal sessions can range from $200 to $500 per session.
Key companies operating within the Laser Hair Removal market are: Alma Lasers Ltd, Cutera, Inc, Cynosure Inc, LUMENIS, Lutronic, Sciton Inc, Solta Medical Inc, Syneron Medical Ltd., Venus Concept Canada Corp, Viora
Only Three Thousand Seven Hundred Fifty US dollar
Only Four Thousand Seven Hundred Fifty US dollar
Only Five Thousand Seven Hundred Fifty US dollar