The Global Laser Hair Removal Market Size accounted for USD 1.09 Billion in 2023 and is estimated to achieve a market size of USD 4.89 Billion by 2032 growing at a CAGR of 18.4% from 2024 to 2032.
The global laser hair removal market has seen substantial growth over the past decade, driven by increasing consumer demand for long-term hair removal solutions and advancements in laser technology. Laser hair removal is a popular cosmetic treatment that uses concentrated light beams to target and destroy hair follicles, preventing hair regrowth. This non-invasive procedure offers a more permanent alternative to traditional hair removal methods, such as shaving, waxing, and depilatory creams, making it increasingly popular among both men and women across various age groups. With rising awareness about its benefits, along with technological innovations, the laser hair removal market is set to continue expanding in the coming years.
The market for laser hair removal is primarily driven by growing demand for cosmetic and aesthetic treatments, as well as an increasing desire for convenience and effectiveness in personal grooming. As individuals seek long-term solutions to body hair removal, many are opting for laser treatments due to their precision, efficiency, and safety compared to older methods. Laser hair removal offers benefits such as minimal discomfort, fewer side effects, and reduced need for frequent treatments, making it an attractive option for consumers. In addition, the increasing number of beauty clinics, spas, and dermatology centers offering these services is further accelerating market growth.
Laser Hair Removal Market Segmentation
The worldwide market for laser hair removal is split based on laser type, gender, end-use, and geography.
Laser Hair Removal Laser Type
Diode
Alexandrite
Nd: YAG
Laser Hair Removal Gender
Female
Male
Laser Hair Removal End-use
Dermatology Clinics
Beauty Clinics
Home Use
Others
Laser Hair Removal Market Regional Outlook
North America
U.S.
Canada
Europe
U.K.
Germany
France
Spain
Rest of Europe
Asia-Pacific
India
Japan
China
Australia
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
The Middle East & Africa
South Africa
GCC Countries
Rest of the Middle East & Africa (ME&A)
Laser Hair Removal Market Players
Some of the top laser hair removal companies offered in our report include Cynosure, Venus Concept, Solta Medical, Inc., Lumenis Be Ltd, Viora, Candela Corporation, Cutera, Alma Lasers, Shanghai Fosun Pharmaceutical Group Co., Ltd., Elen SPA Studija, and Syneron Medical Ltd.
How Acumen Research and Consulting Reserch Study of helps clients in their decision making:
Creating strategies for new product development
Supporting & Adjust Investment/business decisions
Benchmark and judge own competitiveness
Aiding in the business planning process
Serving as a credible, independent check on company internal forecasts
Supporting acquisition strategies
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook