The Global Home Laser Hair Removal Industry Market is projected to grow to a value of more than $1500 million by 2026, with a growing CAGR of over 20%.
Laser hair removal is the process of hair removal by means of exposure to pulses of laser light that destroy the hair follicle. Laser hair removal is widely practiced in clinics, and even in homes using devices designed and priced for consumer self-treatment.
Home Laser Hair Removal Industry: Introduction
Laser hair removal is the course of hair removal through medium of exposure to pulses of laser light that obliterate the hair follicle.
Laser hair removal is a successful strategy for eliminating undesirable hair from the leg, face, jawline, arm, back, armpits, bikini line, and many more. It is a non-surgical and painless strategy for hair removal. The requirement for a quick and painless hair removal strategy has prompted different light hotspots for hair removal. Lasers can remover technique has prompted different light hotspots for hair removal. Lasers can eliminate course dark hair without harming the encompassing skin. Lasers, in a small part of second, can handle various hairs simultaneously.
The worldwide laser hair removal market is relied upon to be driven by the development of mechanical advancements and progressions in the market, trailed by a superior scope of restorative laser-related items and administrations, expanded interest for cosmetic laser gadgets, laser hair removal packs at home, expanded degrees of removal pay groups and development of items in harmless hair removal administrations and systems.
Factors, for example, the progressively high expense of beauty gadgets, the significant expenses related with treatment strategies, and the vulnerable nature of the stock of materials for laser hair removal might influence the market. Moreover, the developing revenue in other elective hair removal gadgets like razors, epilators, and wax strips is assessed to hamper the development pace of the laser hair removal market all through the estimate time frame.
The market is driven by the presentation of customized treatment plans presented by the numerous customers at reasonable costs and the accessibility of laser gadgets that can be utilized at home without proficient assistance. Besides, the expanding purchaser spending on preparing and selfcare administrations is making an inspirational perspective for the laser hair removal market.
The Global Home Laser Hair Removal Industry Market size was $464 million in 2020 and $569.05 million in 2021, and is projected to grow to a value of more than $1500 million by 2026, with a growing compound annual growth rate (CAGR) of over 20%.
Based on the Home Laser Hair Removal market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
Market segmentation: Analysis
The Global Home Laser Hair Removal Industry Market is segmented by product type, application, and geographic region.
Key players in the global Home Laser Hair Removal market covered in:
Alma Lasers Ltd.
Syneron Medical Ltd.
Solta Medical Inc.
Venus Concept Canada Corp.
On the basis by laser type –
According to the laser type segment, Nd: YAG hold the largest amount of share.
On the basis by application –
According to the application segment, beauty clinics rules the maximum market share.
Considering the influence of COVID-19 on the global Home Laser Hair Removal Industry Market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.
On the basis by region – North America, Europe, APAC, middle east and Africa, and Latin America.
According to the regional segment, North America dominates the market with the highest market share.
Years considered for this report:
Historical Years: 2016-2020
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2021-2026