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Global Laser Hair Removal Market Size, Share & Trends Analysis Report by Laser Type (Nd:YAG, Diode, Alexandrite), by End-use (Beauty Clinics, Home Use), by Region, and Segment Forecasts, 2021-2028

  • ID: 5415422
  • Report
  • February 2021
  • Region: Global
  • 100 pages
  • Grand View Research

FEATURED COMPANIES

  • Alma Lasers Ltd
  • Cutera Inc
  • Cynosure Inc.
  • LUMENIS
  • Lutronic
  • Solta Medical Inc.
The global laser hair removal market size is expected to reach USD 2.8 billion by 2028 registering a CAGR of 20.6% over the forecast period. 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

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Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Alma Lasers Ltd
  • Cutera Inc
  • Cynosure Inc.
  • LUMENIS
  • Lutronic
  • Solta Medical Inc.
Chapter 1. Methodology and Scope
1.1. Market segmentation & scope
1.2. Information procurement
1.2.1. Purchased database
1.2.2. 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, 2016 - 2028 (USD Million)
4.1. Type market share analysis, 2018 & 2028
4.2. Global Laser Hair Removal Market, By Laser Type, 2016 to 2028
4.3. Market Size & Forecasts and Trend Analyses, 2016 to 2028 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, 2016 - 2028 (USD Million)
5.1. End-use market share analysis, 2018 & 2028
5.2. Global Laser Hair Removal Market, By End Use, 2016 to 2028
5.3. Market Size & Forecasts and Trend Analyses, 2016 to 2028 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, 2016 - 2028 (USD Million)
6.1. Regional market share analysis, 2018 & 2028
6.2. Market Size, & Forecasts, and Trend Analysis, 2019 to 2028:
6.3. North America
6.3.1. Market estimates and forecast, by country, 2016 - 2028 (USD Million)
6.3.2. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.3.3. The U.S.
6.3.3.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.3.4. Canada
6.3.4.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.4. Europe
6.4.1. Market estimates and forecast, by country, 2016 - 2028 (USD Million)
6.4.2. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.4.3. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.4.4. Germany
6.4.4.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.4.4.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.4.5. The U.K.
6.4.5.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.4.5.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.4.6. France
6.4.6.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.4.6.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.4.7. Italy
6.4.7.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.4.7.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.4.8. Spain
6.4.8.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.4.8.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.5. Asia Pacific
6.5.1. Market estimates and forecast, by country, 2016 - 2028 (USD Million)
6.5.2. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.5.3. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.5.4. China
6.5.4.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.5.4.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.5.5. Japan
6.5.5.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.5.5.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.5.6. India
6.5.6.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.5.6.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.5.7. Singapore
6.5.7.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.5.7.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.5.8. South Korea
6.5.8.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.5.8.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.6. Latin America
6.6.1. Market estimates and forecast, by country, 2016 - 2028 (USD Million)
6.6.2. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.6.3. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.6.4. Brazil
6.6.4.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.6.4.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.6.5. Mexico
6.6.5.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.6.5.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.6.6. Argentina
6.6.6.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.6.6.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.6.7. Colombia
6.6.7.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.6.7.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.6.8. Chile
6.6.8.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.6.8.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.7. Middle East and Africa
6.7.1. Market estimates and forecast, by country, 2016 - 2028 (USD Million)
6.7.2. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.7.3. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.7.4. South Africa
6.7.4.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.7.4.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.7.5. Saudi Arabia
6.7.5.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.7.5.2. Market estimates and forecast, by end-use, 2016 - 2028 (USD Million)
6.7.6. UAE
6.7.6.1. Market estimates and forecast, by type, 2016 - 2028 (USD Million)
6.7.6.2. Market estimates and forecast, by end-use, 2016 - 2028 (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

1. Global Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
2. Global Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
3. Global Laser Hair Removal Market, By End-use, 2016 - 2028 (USD Million)
4. North America Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
5. North America Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
6. North America Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
7. The U.S. Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
8. The U.S. Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
9. The U.S. Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
10. Canada Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
11. Canada Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
12. Canada Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
13. Europe Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
14. Europe Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
15. Europe Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
16. The U.K. Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
17. The U.K. Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
18. The U.K. Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
19. Germany Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
20. Germany Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
21. Germany Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
22. France Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
23. France Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
24. France Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
25. Italy Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
26. Italy Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
27. Italy Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
28. Spain Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
29. Spain Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
30. Spain Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
31. Asia Pacific Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
32. Asia Pacific Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
33. Asia Pacific Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
34. Japan Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
35. Japan Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
36. Japan Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
37. China Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
38. China Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
39. China Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
40. India Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
41. India Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
42. India Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
43. Singapore Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
44. Singapore Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
45. Singapore Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
46. South Korea Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
47. South Korea Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
48. South Korea Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
49. Latin America Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
50. Latin America Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
51. Latin America Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
52. Brazil Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
53. Brazil Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
54. Brazil Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
55. Mexico Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
56. Mexico Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
57. Mexico Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
58. Argentina Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
59. Argentina Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
60. Argentina Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
61. Middle East & Africa Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
62. Middle East & Africa Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
63. Middle East & Africa Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
64. South Africa Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
65. South Africa Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
66. South Africa Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
67. Saudi Arabia Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
68. Saudi Arabia Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
69. Saudi Arabia Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
70. UAE Laser Hair Removal Market, By Region, 2016 - 2028 (USD Million)
71. UAE Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)
72. UAE Laser Hair Removal Market, By Type, 2016 - 2028 (USD Million)

List of Figures
1. Market research process
2. Information procurement
3. Primary research pattern
4. Market research approaches
5. Value chain-based sizing & forecasting
6. QFD modelling for market share assessment
7. Market formulation & validation
8. Laser Hair Removal market segmentation
9. Market driver relevance analysis (Current & future impact)
10. Market restraint relevance analysis (Current & future impact)
11. Market challenge relevance analysis (Current & future impact)
12. Penetration & growth prospect mapping
13. SWOT analysis, by factor (political & legal, economic and technological)
14. Porter’s five forces analysis
15. Market penetration vs growth prospect mapping
16. Laser Hair Removal market type outlook: Key takeaways
17. Laser Hair Removal market: type movement analysis
18. Regional marketplace: Key takeaways
19. Regional outlook, 2020 & 2027
20. North America Laser Hair Removal market, 2016 - 2028 (USD Million)
21. The U.S. Laser Hair Removal market, 2016 - 2028 (USD Million)
22. Canada Laser Hair Removal market, 2016 - 2028 (USD Million)
23. Europe Laser Hair Removal market, 2016 - 2028 (USD Million)
24. The U.K. Laser Hair Removal market, 2016 - 2028 (USD Million)
25. Germany Laser Hair Removal market, 2016 - 2028 (USD Million)
26. Italy Laser Hair Removal market, 2016 - 2028 (USD Million)
27. Spain Laser Hair Removal market, 2016 - 2028 (USD Million)
28. France Laser Hair Removal market, 2016 - 2028 (USD Million)
29. Asia Pacific Laser Hair Removal market, 2016 - 2028 (USD Million)
30. Japan Laser Hair Removal market, 2016 - 2028 (USD Million)
31. China Laser Hair Removal market, 2016 - 2028 (USD Million)
32. India Laser Hair Removal market, 2016 - 2028 (USD Million)
33. Singapore Laser Hair Removal market, 2016 - 2028 (USD Million)
34. South Korea Laser Hair Removal market, 2016 - 2028 (USD Million)
35. Latin America Laser Hair Removal market, 2016 - 2028 (USD Million)
36. Brazil Laser Hair Removal market, 2016 - 2028 (USD Million)
37. Mexico Laser Hair Removal market, 2016 - 2028 (USD Million)
38. Argentina Laser Hair Removal market, 2016 - 2028 (USD Million)
39. Colombia Laser Hair Removal market, 2016 - 2028 (USD Million)
40. MEA Laser Hair Removal market, 2016 - 2028 (USD Million)
41. South Africa Laser Hair Removal market, 2016 - 2028 (USD Million)
42. Saudi Arabia Laser Hair Removal market, 2016 - 2028 (USD Million)
43. UAE Laser Hair Removal market, 2016 - 2028 (USD Million)
44. Strategy framework
Note: Product cover images may vary from those shown
  • Solta Medical Inc.
  • Cynosure Inc.
  • LUMENIS
  • Venus Concept
  • Syneron Medial Ltd
  • Alma Lasers Ltd
  • Lutronic
  • Cutera Inc
  • Viora
Note: Product cover images may vary from those shown

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