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Hair Removal Products - Global Market Trajectory & Analytics

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    Report

  • 437 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5141327

Global Hair Removal Products Market to Reach $1.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Hair Removal Products estimated at US$881.1 Million in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at a CAGR of 7.3% over the period 2020-2027. Laser-based Devices, one of the segments analyzed in the report, is projected to record a 7.9% CAGR and reach US$681.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Intense Pulsed Light (IPL) Devices segment is readjusted to a revised 7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $239.7 Million, While China is Forecast to Grow at 8.7% CAGR

The Hair Removal Products market in the U.S. is estimated at US$239.7 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$212 Million by the year 2027 trailing a CAGR of 8.7% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 6.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$178.4 Million by the year 2027.

Energy-based Devices Segment to Record 6.5% CAGR

In the global Energy-based Devices segment, USA, Canada, Japan, China and Europe will drive the 6.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$138 Million in the year 2020 will reach a projected size of US$211.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 7.1% CAGR through the analysis period.

Select Competitors (Total 105 Featured)

  • Alma Lasers International
  • Candela Corporation
  • CosBeauty
  • Cutera, Inc
  • Cynosure, LLC.
  • Elos Me
  • Fotona d.o.o.
  • LumaRx
  • Lutronic
  • Lynton Lasers Ltd
  • MLAY
  • Philips
  • Reckitt Benckiser Group plc
  • Sciton, Inc
  • Sharplight Technologies Ltd
  • SmoothSkin
  • Solta Medical, Inc
  • The Procter & Gamble Company
  • Tria Beauty
  • Venus Concept
  • Viora

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to a digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Hair Removal Products

What is the estimated value of the Global Market for Hair Removal Products?

The Global Market for Hair Removal Products was estimated to be valued at $881.1 Million in 2020.

What is the growth rate of the Global Market for Hair Removal Products?

The growth rate of the Global Market for Hair Removal Products is 6.8%, with an estimated value of $1400 Million by 2027.

What is the forecasted size of the Global Market for Hair Removal Products?

The Global Market for Hair Removal Products is estimated to be worth $1400 Million by 2027.

Who are the key companies in the Global Market for Hair Removal Products?

Key companies in the Global Market for Hair Removal Products include Alma Lasers International, Candela Corporation, CosBeauty, Cutera, Inc, Cynosure, LLC., Elos Me, Fotona d.o.o., LumaRx and Lynton Lasers Ltd.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Beauty and Personal Care Industry Comes Under Tremendous Stress Due to Pandemic
  • Aesthetic Clinics to Follow Infection-Prevention Measures to Mitigate Risk of COVID-19 Infection Transmission
  • Hair Removal Technologies: Achieving New Frontiers for Perfect & Hair-Free Skin
  • An Introduction to Hair Removal Devices
  • Global Hair Removal Devices Market: Prospects & Outlook
  • Laser Hair Removal Devices Lead Global Market
  • Beauty Clinics: The Largest End-Use Segment
  • Developed Regions Lead, Developing Economies to Spearhead Future Growth
  • Competition
  • Recent Market Activity
  • Hair Removal Products - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Popularity of Non-Invasive Personal Grooming Techniques Bodes Well for the Hair Removal Devices Market
  • Non-Surgical Cosmetic Procedures Worldwide: Percentage Breakdown of Procedure Volumes for 2018
  • Painful Process and Side Effects of Hair Removal Products Such as Waxes and Razors Drive Shift Towards for Devices
  • Rising Beauty Consciousness among Men Presents Lucrative Opportunity for Hair Removal Products Market
  • Global Male Grooming Products Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Women Continue to be Major User Base for Hair Removal Products
  • Different Hair Removal Techniques Categorized in Terms of Cost, Pain, and Effectiveness
  • Various Hair Removal Options for Women: Comparison of Hair Removal Method, Procedure & Products, Suggested Body Areas, Advantages and Disadvantages
  • Women as % of Total Labor Force in Select Countries: 2019
  • At-Home Laser Hair Removal Devices Gain Popularity
  • Advent of Next Generation IPL Devices Offering Multiple Features Drives Market
  • Select IPL Devices: A Review
  • Hair Removal Devices Find Use for Medical Purposes
  • Expanding Swimwear Market: An Opportunity for Hair Removal Market
  • Global Swimwear Market Size (in $ Billion) for the Years 2018, 2021 and 2024
  • Technology Advancements Spur Growth in the Market
  • Advanced Technology and At-Home Use to Benefit Hair Removal Devices
  • Fiber-Coupled Diode Laser Opens New Paradigm for Hair Removal
  • Demographic Trends Influence Market Prospects
  • World Urban Population in Thousands: 1950-2050P
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Expanding Middle Class Population
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Hair Removal Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Hair Removal Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Hair Removal Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for Laser-based Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Laser-based Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for Laser-based Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Intense Pulsed Light (IPL) Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Intense Pulsed Light (IPL) Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Intense Pulsed Light (IPL) Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for Energy-based Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Energy-based Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Energy-based Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Beauty Clinics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Beauty Clinics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Beauty Clinics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 16: World Recent Past, Current & Future Analysis for Dermatology Clinics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Dermatology Clinics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Dermatology Clinics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 19: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 20: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 21: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Market Overview
  • COVID-19 Outbreak Leads to a Decline in Sales of Beauty and Personal Care Products
CANADA
JAPAN
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
CHINA
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
EUROPE
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Hair Removal Devices Enjoy Commanding Position in European Beauty Devices Market
FRANCE
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
GERMANY
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
  • Impact of COVID-19 Pandemic on UK Beauty Market
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
  • Beauty Devices Market to Witness Healthy Long Term Growth
AUSTRALIA
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)
INDIA
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
  • Hair Removal Loses its Taboo Status, Driving Growth in Hair Removal Devices Market
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Hair Removal Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)
IV. COMPETITION
  • Total Companies Profiled: 105

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Alma Lasers International
  • Candela Corporation
  • CosBeauty
  • Cutera, Inc
  • Cynosure, LLC.
  • Elos Me
  • Fotona d.o.o.
  • LumaRx
  • Lutronic
  • Lynton Lasers Ltd
  • MLAY
  • Philips
  • Reckitt Benckiser Group plc
  • Sciton, Inc
  • Sharplight Technologies Ltd
  • SmoothSkin
  • Solta Medical, Inc
  • The Procter & Gamble Company
  • Tria Beauty
  • Venus Concept
  • Viora