The hair removal products market size is expected to see strong growth in the next few years. It will grow to $5.9 billion in 2030 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to rising demand for advanced hair removal devices, increasing adoption of home grooming kits, growing preference for long lasting solutions, expanding premium grooming portfolios, increasing consumer spending on personal care. Major trends in the forecast period include growing demand for convenient personal grooming products, increasing adoption of pain free hair removal solutions, rising popularity of at home hair removal devices and kits, expansion of gender specific hair removal product lines, rising preference for quick and long lasting hair removal methods.
The hair removal products market is poised for growth driven by the increasing number of grooming businesses. Grooming businesses encompass industries and services providing grooming and personal care for individuals. Hair removal products are in demand due to cultural norms, personal grooming preferences, and aesthetic trends, with individuals seeking smooth skin and hair-free areas for reasons such as hygiene, comfort, and self-confidence. Grooming businesses utilize hair removal products to offer comprehensive services catering to clients' aesthetic preferences and hygiene needs, thereby enhancing the overall grooming experience. For instance, according to a report published by the International SPA Association (ISPA) in April 2024, the US spa business witnessed a notable increase in overall revenue from $18.1 billion in 2021 to $20.1 billion in 2023, reflecting a rise of over 11%. This surge indicates that the growing number of grooming businesses is fueling growth in the hair removal product market.
Leading companies in the hair removal product market are developing innovative solutions like Advanced IPL Hair Removal Technology to offer safe, convenient, and professional-quality hair removal for home use. Advanced IPL Hair Removal Technology utilizes intense pulsed light (IPL) systems that emit broad-spectrum light to target and heat hair follicles, effectively preventing regrowth with repeated treatments. For example, in April 2024, Ulike, a China-based beauty-tech company, introduced the Ulike Air 10, a cutting-edge IPL hair removal device designed for at-home use. The Air 10 features Super Hair Removal (SHR) Mode and Sapphire Ice Cooling Technology, enhancing both treatment effectiveness and skin safety. This launch underscores Ulike's commitment to providing professional-grade beauty technology for home use, offering users an effective, safe, and convenient alternative to salon hair removal.
In January 2024, Cynosure and Hahn & Company, a South Korea-based private equity investment firm, merged with Lutronic Corporation to create a global leader in medical aesthetic systems. This merger aims to offer a diversified product portfolio and broader distribution, enhancing customer service and innovation. Lutronic Corporation, based in South Korea, specializes in hair removal products among other medical aesthetic systems.
Major companies operating in the hair removal products market report are Reckitt Benckiser Group plc, Braun GmbH, Church & Dwight Co. Inc., Rica Group, Lumenis Be Ltd., Cynosure, American International Industries, Cutera Inc., Alma Lasers, Solta Medical, Fotona D.o.o, Sciton Medical & Aesthetic Laser Technologies, Silkn beauty Ltd., Tria Beauty Inc., Nair, Flamingo, Lynton Lasers, SoftSheen Carson Inc., Sue Ismiel and Daughters, Italwax, Parissa Laboratories Inc., The Darent Wax Company Ltd., Le Club Perron Rigot, Sally Hansen Inc., Starpil Wax Co.
North America was the largest region in the hair removal products market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hair removal products market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hair removal products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The hair removal products market consists of sales of laser hair removal devices, hair removal sprays, laser hair removal devices, hair inhibitor creams, sugaring kits, and epilators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Hair Removal Products Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses hair removal products market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for hair removal products? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The hair removal products market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Product: Waxing; Creams; Electronic Device; Razor2) By Gender: Men; Women
3) By Distribution Channel: Beauty Clinics; Dermatology Clinics; Other Distribution Channels
4) By Application: Face; Body; Ear; Nose; Other Applications
Subsegments:
1) By Waxing: Hard Wax; Soft Wax; Wax Strips; Roll-on Wax; Sugar Waxing2) By Creams: Depilatory Creams; Hair Removal Lotions; Sensitive Skin Hair Removal Creams; Gel-Based Hair Removal Creams
3) By Electronic Device: Electric Shavers; Laser Hair Removal Devices; IPL (Intense Pulsed Light) Hair Removal Devices; Epilators; Hair Removal Trimmers
4) By Razor: Manual Razors; Electric Razors; Safety Razors; Disposable Razors; Multi-Blade Razors
Companies Mentioned: Reckitt Benckiser Group plc; Braun GmbH; Church & Dwight Co. Inc.; Rica Group; Lumenis Be Ltd.; Cynosure; American International Industries; Cutera Inc.; Alma Lasers; Solta Medical; Fotona D.o.o; Sciton Medical & Aesthetic Laser Technologies; Silkn beauty Ltd.; Tria Beauty Inc.; Nair; Flamingo; Lynton Lasers; SoftSheen Carson Inc.; Sue Ismiel and Daughters; Italwax; Parissa Laboratories Inc.; the Darent Wax Company Ltd.; Le Club Perron Rigot; Sally Hansen Inc.; Starpil Wax Co.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Hair Removal Products market report include:- Reckitt Benckiser Group plc
- Braun GmbH
- Church & Dwight Co. Inc.
- Rica Group
- Lumenis Be Ltd.
- Cynosure
- American International Industries
- Cutera Inc.
- Alma Lasers
- Solta Medical
- Fotona D.o.o
- Sciton Medical & Aesthetic Laser Technologies
- Silkn beauty Ltd.
- Tria Beauty Inc.
- Nair
- Flamingo
- Lynton Lasers
- SoftSheen Carson Inc.
- Sue Ismiel and Daughters
- Italwax
- Parissa Laboratories Inc.
- The Darent Wax Company Ltd.
- Le Club Perron Rigot
- Sally Hansen Inc.
- Starpil Wax Co.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 4.84 Billion |
| Forecasted Market Value ( USD | $ 5.9 Billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |


