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Hair Removal Devices Market

Published Jul 17, 2025
Length 146 Pages
SKU # CMI20302762

Description

The Global Hair Removal Devices Market is estimated to be valued at USD 1.51 Bn in 2025 and is expected to reach USD 2.73 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.80% from 2025 to 2032. The market has been witnessing significant growth in the recent years. With rising preference for aesthetic grooming and increasing disposable incomes, people are willing to spend more on products and services that provide convenience and enhance appearance. Various factors such as growing population, urbanization, increasing number of beauty salons and parlors along with shifting cultural trends have been fueling the demand for advanced hair removal techniques. Consumers are opting for long lasting solutions that save time and are less painful compared to traditional methods. Hair removal devices allow smoother skin and reduce irritation, influencing sales positively. Manufacturers are launching innovative products integrated with advanced technologies to meet dynamic consumer requirements.

Market Dynamics

The global hair removal devices market is driven by the growing consciousness about physical appearance and aesthetics. Rising disposable incomes along with changing lifestyles have increased consumer spending on luxury and personal care products. In addition, increasing demand for low cost and long lasting solutions is prompting manufacturers to develop more effective hair removal devices. However, high costs associated with laser based devices limit their adoption, especially in developing regions. Moreover, side effects associated with the use of chemical based hair removal products act as a restraint. Nonetheless, ongoing technological advancements in the field of lasers and increasing awareness about the benefits of laser hair removal through social media are expected to present lucrative opportunities for market players.

Key Features of the Study
  • This report provides in depth analysis of the global hair removal devices market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global hair removal devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Philips Electronics, Braun (Procter & Gamble), Remington (Spectrum Brands, Inc.), Lumenis Ltd., Syneron Candela, Alma Lasers, Cutera, Inc., Panasonic Corporation, HomeSkinovations Ltd., TriBeCa Labs, Inc., Quanta System S.p.A., Lutronic, Strata Skin Sciences, Inc., Fotona d.o.o., and Venus Concept.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up gradation, market expansion, and marketing tactics.
  • The global hair removal devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global hair removal devices market.
Market Segmentation
  • Product Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Laser Hair Removal Devices
  • IPL (Intense Pulsed Light) Hair Removal Devices
  • Electrolysis Hair Removal Devices
  • Others
  • Application Insights (Revenue, USD Bn, 2020 - 2032)
  • Commercial
  • Home Use
  • End User Insights (Revenue, USD Bn, 2020 - 2032)
  • Women
  • Men
  • Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Philips Electronics
  • Braun (Procter & Gamble)
  • Remington (Spectrum Brands, Inc.)
  • Lumenis Ltd.
  • Syneron Candela
  • Alma Lasers
  • Cutera, Inc.
  • Panasonic Corporation
  • HomeSkinovations Ltd.
  • TriBeCa Labs, Inc.
  • Quanta System S.p.A.
  • Lutronic
  • Strata Skin Sciences, Inc.
  • Fotona d.o.o.
  • Venus Concept

Table of Contents

146 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Hair Removal Devices Market, By Product Type
Global Hair Removal Devices Market, By Application
Global Hair Removal Devices Market, By End User
Global Hair Removal Devices Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Hair Removal Devices Market, By Product Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Laser Hair Removal Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
IPL (Intense Pulsed Light) Hair Removal Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Electrolysis Hair Removal Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Global Hair Removal Devices Market, By Application, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Commercial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Home Use
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Hair Removal Devices Market, By End User, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Women
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Men
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
7. Global Hair Removal Devices Market, By Region, 2020 - 2032, Value (USD Bn)
Introduction
Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
Regional Trends
North America
Introduction
Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
South Africa
North Africa
Central Africa
8. Competitive Landscape
Philips Electronics
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Braun (Procter & Gamble)
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Remington (Spectrum Brands, Inc.)
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Lumenis Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Syneron Candela
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Alma Lasers
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Cutera, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Panasonic Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
HomeSkinovations Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
TriBeCa Labs, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Quanta System S.p.A.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Lutronic
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Strata Skin Sciences, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Fotona d.o.o.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Venus Concept
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. References and Research Methodology
References
Research Methodology
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