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Laser Hair Removal Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global laser hair removal market exhibited strong growth during 2015-2020. Laser hair removal is a quick, non-invasive medical procedure that eliminates unwanted hair safely and effectively without damaging the surrounding skin. In this process, a concentrated beam of light is converted into heat, which assists in destroying the skin's tube-shaped sacs and delaying future hair growth. Compared to conventional procedures like waxing and threading, laser hair removal is considered less painful for sensitive areas like the legs, chin, armpits, upper lip, sideburns, and mustache. As a result, it is gaining widespread adoption for saving time, maintaining hygiene, improving physical appearance, and boosting self-esteem among individuals.

Inflating disposable incomes and improving standards of living are increasing the focus of people on personal grooming. This, coupled with the rising popularity of targeted treatments, represents one of the key factors bolstering the market growth. Moreover, rapid urbanization, in confluence with the growing awareness about dermatology treatments, is also contributing to the market growth. Additionally, the rising influence of social media platforms and celebrity endorsements are positively influencing the demand for laser hair removal procedures worldwide. Furthermore, numerous clinics are offering personalized treatment plans to maximize the effectiveness of laser hair removal methods, which is strengthening the market growth. Apart from this, several manufacturers are introducing laser devices that can be used at home for hair removal. The growing participation of individuals in different sports, along with the easy availability of these devices, is anticipated to expand the adoption of laser hair removal methods and facilitate routine practice. Looking forward, IMARC Group expects the global laser hair removal market to grow at a CAGR of around 18% during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global laser hair removal market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, laser type and end use.

Breakup by Laser Type:

  • Diode
  • Alexandrite
  • Nd:YAG
  • Others
     

Breakup by End Use:

  • Beauty Clinics
  • Dermatology Clinics
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alma Lasers Ltd. (Sisram Medical Ltd), Cutera Inc., Cynosure LLC, Lumenis Ltd., LUTRONIC Corporation, Lynton Lasers Ltd., Sciton Inc., SharpLight Technologies Ltd., Solta Medical Inc. (Bausch Health Companies Inc.), Syneron Medical Ltd. and Venus Concept Ltd.

Key Questions Answered in This Report:

  • How has the global laser hair removal market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global laser hair removal market?
  • What are the key regional markets?
  • What is the breakup of the market based on the laser type?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global laser hair removal market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Laser Hair Removal Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Laser Type
    6.1    Diode
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Alexandrite
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Nd:YAG
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by End Use
    7.1    Beauty Clinics
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Dermatology Clinics
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Others
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Alma Lasers Ltd. (Sisram Medical Ltd.)
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
        13.3.2    Cutera Inc.
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
           13.3.2.3 Financials
        13.3.3    Cynosure LLC
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    Lumenis Ltd.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
           13.3.4.3 SWOT Analysis
        13.3.5    LUTRONIC Corporation
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
           13.3.5.3 Financials
        13.3.6    Lynton Lasers Ltd.
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
        13.3.7    Sciton Inc.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    SharpLight Technologies Ltd.
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
        13.3.9    Solta Medical Inc. (Bausch Health Companies Inc.)
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
        13.3.10    Syneron Medical Ltd.
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
        13.3.11    Venus Concept Ltd.
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Laser Hair Removal Market: Major Drivers and Challenges
Figure 2: Global: Laser Hair Removal Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Laser Hair Removal Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Laser Hair Removal Market: Breakup by Laser Type (in %), 2020
Figure 5: Global: Laser Hair Removal Market: Breakup by End Use (in %), 2020
Figure 6: Global: Laser Hair Removal Market: Breakup by Region (in %), 2020
Figure 7: Global: Laser Hair Removal (Diode) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Laser Hair Removal (Diode) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Laser Hair Removal (Alexandrite) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Laser Hair Removal (Alexandrite) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Laser Hair Removal (Nd:YAG) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Laser Hair Removal (Nd:YAG) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Laser Hair Removal (Other Laser Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Laser Hair Removal (Other Laser Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Laser Hair Removal (Beauty Clinics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Laser Hair Removal (Beauty Clinics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Laser Hair Removal (Dermatology Clinics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Laser Hair Removal (Dermatology Clinics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Laser Hair Removal (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Laser Hair Removal (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: North America: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: North America: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: United States: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: United States: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Canada: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Canada: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Asia-Pacific: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Asia-Pacific: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: China: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: China: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Japan: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Japan: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: India: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: India: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: South Korea: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: South Korea: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Australia: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Australia: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Indonesia: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Indonesia: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Others: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Others: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Europe: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Europe: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Germany: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Germany: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: France: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: France: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: United Kingdom: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: United Kingdom: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Italy: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Italy: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Spain: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Spain: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Russia: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Russia: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Others: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Others: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Latin America: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Latin America: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Brazil: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Brazil: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Mexico: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Mexico: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Others: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Others: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Middle East and Africa: Laser Hair Removal Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Middle East and Africa: Laser Hair Removal Market: Breakup by Country (in %), 2020
Figure 69: Middle East and Africa: Laser Hair Removal Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Global: Laser Hair Removal Industry: SWOT Analysis
Figure 71: Global: Laser Hair Removal Industry: Value Chain Analysis
Figure 72: Global: Laser Hair Removal Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Laser Hair Removal Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Laser Hair Removal Market Forecast: Breakup by Laser Type (in Million US$), 2021-2026
Table 3: Global: Laser Hair Removal Market Forecast: Breakup by End Use (in Million US$), 2021-2026
Table 4: Global: Laser Hair Removal Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Laser Hair Removal Market: Competitive Structure
Table 6: Global: Laser Hair Removal Market: Key Players

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