Hair Removal Devices Market Size and Trends

Hair Removal Devices Market, by Product Type (Energy Based Devices, Laser Based Devices, and Intense Pulse Light (IPL) Devices ), by End-User (Dermatology Clinics, Beauty Clinics), by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jul 2022

Code : CMI1212

Pages :146

Formats :

Excel and PDF

Industry : Consumer Electronics

Hair Removal Devices MarketSize and Trends

Statistics:

North America held a dominant position in the global hair removal devices market in 2021, accounting for 36.0% share in terms of market share, followed by Europe and Asia pacific.

The number of people interested in grooming themselves at safe and affordable prices is increasing demand for Intense Pulse Light (IPL) devices. IPL devices are becoming popular among salons, clinics, and spas. The advantage of using IPL devices for hair removal is that it removes all types of hair such as coarse and thick hair without damaging the skin surrounding it. IPL devices for hair removal are cheaper than laser devices and hence the demand for IPL devices is expected to increase during the forecast period.

Figure 2: Global Hair Removal Devices Market (US$ Mn) Analysis and Forecast, 2017 - 2030

The global hair removal devices market was valued at US$ 1,200 Mn in 2021 and is expected to reach US$ 2,754.6 Mn by 2030, growing at a CAGR of 9.9% between 2022 and 2030.