Hair Removal Devices Market Research Report – Forecast till 2027

Hair Removal Devices Market Research Report: by Product (Energy-based Devices, Laser Devices (Diode Laser, Nd: YAG Laser, Alexandrite Laser), Intense Pulse Light (IPL) Devices, Others), End-user (Beauty Clinics, Others) - Forecast Till 2027

ID: MRFR/HC/5854-HCR | February 2021 | Region: Global | 130 pages

Hair Removal Devices Market Overview


Hair Removal Devices Market is expected to grow significantly over the forecast period. The market held a market value of USD 915.2 million in 2017 and is projected to grow at a CAGR of 8.80% over the forecast period 2017-2023.


Hair Removal or epilation is a cycle where the hairs on a person's body are taken out intentionally. Body hairs are taken out for design, social practices, sports, military, clinical reasons, among others. Developing significance about appearance, quickly changing magnificence principles among people, and popularity for laser Hair Removal treatment are driving components for developing the Hair Removal Devices Market. Also, the simple accessibility of cutting-edge Hair Removal Devices through online business and retail locations and expanding utilization of such gadgets at home are expected to fuel the development of the worldwide Market. Nonetheless, the significant expense of Hair Removal Devices and the necessities of different medicines might limit the market development over the estimated time frame. 


As of late, influential organizations are working in the Hair Removal Devices market. The noticeable parts in the market are occupied with vital coordinated efforts and new item dispatches to fortify their Hair Removal Devices Industry position. 


The Global Hair Removal Devices Market report gives a comprehensive market assessment for the figure time frame. The report includes different portions just as an investigation of the patterns and factors assuming a considerable part on the lookout. These components of the Hair Removal Devices Industry elements include the drivers, limitations, openings, and difficulties through which the effect of these elements in the market is illustrated. The drivers and restrictions are inherent variables though opportunities and difficulties are extraneous components of the market. 


Covid-19 analysis 


The excellence and individual consideration industry has seen the destruction in the wake of this pandemic. Nonetheless, the effect of Covid-19 on this Hair Removal Devices Market may not be pretty much as more regrettable as the effects on other markets. Customers have picked to have their consideration apparatuses which incorporate Hair Removal Devices because of the conclusion of salons and excellent facilities. The accessibility of hair expulsion apparatuses on E-Commerce channels has prompted deals of these items in any event during the pandemic. Thus the effect of Covid-19 has been moderate on the worldwide Hair Removal Devices Industry.


Market Dynamics



  • Major Drivers of the Market


Rising interest for benefiting a body with no hairs among the young is the great development factor for the worldwide Hair Removal Devices market. The development is likewise forcefully impacted by the rising interest in hair expulsion items and administrations for women's developing magnificence cognizance. 


The worldwide Hair Removal Devices market's development is also affected by the rising use of serious beat light or IPL gadgets. The rising interest for these gadgets has climbed attributable to the exactness and proficiency they offer to the purchasers in eliminating the hair. Likewise, the raised extra cash of individuals affects the development of the worldwide Hair Removal Devices Industry.



  • Significant Opportunities For The Market


The expanded interests in the innovative work for different advancements in Hair Removal Devices have made possibilities for business development for central members in the worldwide Hair Removal Devices Industry. The endeavors to contact the clients and give them simple to utilize apparatuses have expanded requests for Hair Removal Devices. The central participants can catch the best enduring entryways for advancement by guaranteeing monetary adaptability and enhancements in activities.



  • Market Restraints


Alongside such countless variables to advance the development of the worldwide Hair Removal Devices market, factors, for example, significant expense of super durable hair evacuation systems, can hamper the development of the market dependent to some degree. The developing interest for Hair Removal Devices like razors, epilators, IPLs, and wax strips will help the worldwide market to keep up with its development all through the future period.



  • Cumulative challenges


The major challenges in the Hair Removal Devices market are the side effects due to the removal process. Limitations to the Hair Removal Devices Industry incorporate extreme incidental effects with hair expulsion gadgets that could be significant for people with hypersensitive skin. Some of the normal side effects are redness, eye injury, skin disease, and bothering, crusting, change of shading tone, and so on.



  • Significant market growth


Development in magnificence awareness, especially among ladies, has helped the Hair Removal Devices market. The male populace is additionally pursuing this direction because of the ascent in mindfulness about preparing. This factor is projected to additional fuel the interest. The accessibility of mechanically progressed items has additionally played a significant Segmentation job in emphatically affecting the development of the Hair Removal Devices Industry. New laser gadgets discharge longer frequencies of light, empowering them to zero in just on the melanin present in hair follicles. This kills the danger of skin consumption. These components are relied upon to drive the development of the Hair Removal Devices Industry throughout the years.


Segment Overview



  • By Item Type 


Laser-Based Devices fragment overwhelmed the Hair Removal Devices as far as income in 2020. It is the most well-known utilized sort of Hair Removal Devices. It works with the assistance of high-heat lasers or extraordinary beat lights that break up hair and briefly debilitate hair follicles, so it will not have the option to deliver new hairs for as long as half a month. It radiates exceptionally moved light into hair follicles which helps in eliminating the hairs from the body. This treatment is less excruciating and helps in the sustenance of the skin. 



  • By Application 


The facial Hair Removal portion ruled the Hair Removal Devices market as far as income. It is estimated to develop at a CAGR of 7.66% during the period viable in 2020. It is by and large utilized inferable from its reshaping nature to a face by the facial dressers. It incorporates types like upper lips, brow, eyebrows, and others. The gadget is utilized in salons by beauticians, which has prompted the development of the Hair Removal Devices Industry. 



  • By End Users 


Beauty Clinic fragment ruled the Hair Removal Devices market as far as income in 2020. It gives each kind of innovation usually utilized by the clients like beard growth evacuation, wax, laser medicines, and others that finish up to the development of the Hair Removal Devices Industry. The premium for customers' non-careful and non-intrusive hair evacuation methods has brought about the Hair Removal Devices Industry development. 



  • By Region


North America area held 27.8% of the Hair Removal Devices market as far as income in 2020. New advancements in hair removal techniques in this region will help develop the market. These elements add to the expanded inclination of the customers towards actual preparation and the accessibility of the high-level items. Recently utilized advances were more excruciating when contrasted with the fresher methods in the Hair Removal Devices industry.


Regional Analysis


According to the regional analysis, the Americas is expected to overwhelm the worldwide Hair Removal Devices Industry inferable from the presence of all around created medical services framework and the expanding number of Hair Removal Devices methodology in the US. Europe is expected to hold the second biggest portion of the overall industry in the worldwide Hair Removal Devices market. The market development in this locale is credited to the expanding ubiquity of Hair Removal medicines and the accessibility of gifted experts in the area. Also, the Asia-Pacific district is relied upon to be the quickest developing business sector for hair Removal Devices because of the developing discretionary cash flow and interest for practical Hair Removal Devices.


Competitive Landscape


The major key players of the Hair Removal Devices Market are:-



  • Sciton, Inc

  • Alma Lasers, Ltd.

  • Cynosure, Inc.

  • Strata Skin Sciences, Inc

  • Syneron Medical Ltd.

  • Venus Concept Canada Corp

  • Cutera Inc.

  • Lumenis Ltd

  • Lutronic Corporation

  • Lynton Lasers Ltd

  • Solta Medical Inc.


Recent Developments



  • In October 2018, Lumenis Ltd., the biggest energy-based clinical gadget organization, has declared the dispatch and accessibility of SPLENDOR X, a laser framework furnished with BLEND X innovation for quick hair removal.


Report Overview


The Market of Hair Removal Devices Outlook or overviews are as follows:



  • Market Overview

  • COVID 19 impact on Global Market Analysis

  • Market dynamics

  • Market Value chain analysis 

  • Market Share Overview

  • Regional Analysis as per the Market Forecast

  • Market Competitive Landscape

  • Market Trends Developments



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2017: 915.2 million
  • 2027: Significant Value
  •   CAGR   2023: 8.80%
      Base Year   2019
      Forecast Period   2027
      Historical Data   2018
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Item Type, Application, End Users And Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Sciton, Inc, Alma Lasers, Ltd., Cynosure, Inc., Strata Skin Sciences, Inc, Syneron Medical Ltd., Venus Concept Canada Corp, Cutera Inc., Lumenis Ltd, Lutronic Corporation, Lynton Lasers Ltd, Solta Medical Inc
      Key Market Opportunities   Innovative work for different advancements in Hair Removal Devices
      Key Market Drivers

  • Developing Significance About Appearance
  • Quickly Changing Magnificence Principles Among People
  • Popularity For Laser Hair Removal Treatment


  • Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :


    In 2017, the Hair Removal Devices Market was valued at USD 915.2 million.

    The projected the Hair Removal Devices Market CAGR is 8.80% for the duration of a forecast period covering 2018 to 2023.

    The laser devices segment to head the Hair Removal Devices Market.

    The beauty clinics segment would influence the Hair Removal Devices Market the most.

    The Americas would head the Hair Removal Devices Market.

    Table of Contents:


    Chapter 1. Report Prologue

    Chapter 2. Market Introduction

    2.1 Definition

    2.2 Scope of the Study

    2.2.1 Research Objective

    2.2.2 Assumptions

    2.2.3 Limitations

    Chapter 3. Research Methodology

    3.1 Introduction

    3.2 Primary Research

    3.3 Secondary Research

    3.4 Market Size Estimation

    Chapter 4. Market Dynamics

    4.1 Drivers

    4.2 Restraints

    4.3 Opportunities

    4.4 Challenges

    4.5 Macroeconomic Indicators

    4.6 Technology Trends & Assessment

    Chapter 5. Market Factor Analysis

    5.1 Porter’s Five Forces Analysis

    5.1.1 Bargaining Power of Suppliers

    5.1.2 Bargaining Power of Buyers

    5.1.3 Threat of New Entrants

    5.1.4 Threat of Substitutes

    5.1.5 Intensity of Rivalry

    5.2 Value Chain Analysis

    Chapter 6. Global Hair Removal Devices Market, by Product

    6.1 Overview

    6.2 Energy-based Devices

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.3 Laser Devices

    6.3.1 Diode Laser

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.3.2 Nd: YAG Laser

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.3.3 Alexandrite Laser

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.4 Intense Pulse Light

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.5 Others

    Chapter 7. Global Hair Removal Devices Market, By End-user

    7.1 Overview

    7.2 Beauty Clinics

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    7.3 Dermatology Clinics

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    7.4 Home Use

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    7.5 Others

    Chapter 8. Global Hair Removal Devices Market, by Region

    8.1 Overview

    8.2 Americas

    8.2.1 North America

    8.2.1.1 US

    8.2.1.2 Canada

    8.2.2 Latin America

    8.3 Europe

    8.3.1 Western Europe

    8.3.1.1 Germany

    8.3.1.2 France

    8.3.1.3 Italy

    8.3.1.4 Spain

    8.3.1.5 UK

    8.3.1.6 Rest of Western Europe

    8.3.2 Eastern Europe

    8.4 Asia-Pacific

    8.4.1 Japan

    8.4.2 China

    8.4.3 India

    8.4.4 Australia

    8.4.5 South Korea

    8.4.6 Rest of Asia-Pacific

    8.5 Middle East & Africa

    8.5.1 Middle East

    8.5.2 Africa

    Chapter 9. Company Landscape

    9.1 Overview

    9.2 Market Share Analysis

    9.3 Key Development & Strategies

    Chapter 10. Company Profiles

    10.1 Alma Lasers, Ltd.

    10.1.1 Company Overview

    10.1.2 Product Overview

    10.1.3 Financials Overview

    10.1.4 Key Developments

    10.1.5 SWOT Analysis

    10.2 Cynosure, Inc.

    10.2.1 Company Overview

    10.2.2 Product Overview

    10.2.3 Financial Overview

    10.2.4 Key Developments

    10.2.5 SWOT Analysis

    10.3 Cutera Inc.

    10.3.1 Company Overview

    10.3.2 Product Overview

    10.3.3 Financial Overview

    10.3.4 Key Development

    10.3.5 SWOT Analysis

    10.4 Lumenis Ltd

    10.4.1 Company Overview

    10.4.2 Product Overview

    10.4.3 Financial Overview

    10.4.4 Key Development

    10.4.5 SWOT Analysis

    10.5 Lutronic Corporation

    10.5.1 Company Overview

    10.5.2 Product Overview

    10.5.3 Financial overview

    10.5.4 Key Developments

    10.5.5 SWOT Analysis

    10.6 Lynton Lasers Ltd

    10.6.1 Company Overview

    10.6.2 Product Overview

    10.6.3 Financial Overview

    10.6.4 Key Developments

    10.6.5 SWOT Analysis

    10.7 Solta Medical Inc

    10.7.1 Overview

    10.7.2 Product Overview

    10.7.3 Financial Overview

    10.7.4 Key Developments

    10.7.5 SWOT Analysis

    10.8 Strata Skin Sciences, Inc.

    10.8.1 Overview

    10.8.2 Product Overview

    10.8.3 Financials

    10.8.4 Key Developments

    10.8.5 SWOT Analysis

    10.9 Syneron Medical Ltd.

    10.9.1 Overview

    10.9.2 Product Overview

    10.9.3 Financials

    10.9.4 Key Developments

    10.9.5 SWOT Analysis

    10.10 Sciton, Inc.

    10.10.1 Overview

    10.10.2 Product Overview

    10.10.3 Financials

    10.10.4 Key Developments

    10.10.5 SWOT Analysis

    10.11 Venus Concept Canada Corp

    10.11.1 Overview

    10.11.2 Product Overview

    10.11.3 Financials

    10.11.4 Key Developments

    10.11.5 SWOT Analysis

    10.12 Others

    Chapter 11 MRFR Conclusion

    11.1 Key Findings

    11.1.1 From CEO’s View point

    11.1.2 Unmet Needs of the Market

    11.2 Key Companies to Watch

    11.3 Predictions for the Hair Removal Devices Market

    Chapter 12. Appendix


    LIST OF TABLES

    Table 1 Global Hair Removal Devices Market Synopsis, 2020-2027

    Table 2 Global Hair Removal Devices Market Estimates and Forecast, 2020-2027 (USD Million)

    Table 3 Global Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

    Table 4 Global Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

    Table 5 Global Hair Removal Devices Market, by Region, 2020-2027(USD Million)

    Table 6 North America: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

    Table 7 North America: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

    Table 8 North America: Hair Removal Devices Market, by Country, 2020-2027 (USD Million)

    Table 9 Latin America: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

    Table 10 Latin America: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

    Table 11 Europe: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

    Table 12 Europe: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

    Table 13 Europe: Hair Removal Devices Market, by Region, 2020-2027 (USD Million)

    Table 14 Western Europe: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

    Table 15 Western Europe: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

    Table 16 Western Europe: Hair Removal Devices Market, by Country, 2020-2027 (USD Million)

    Table 17 Eastern Europe: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

    Table 18 Eastern Europe: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

    Table 19 Asia-Pacific: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

    Table 20 Asia-Pacific: Hair Removal Devices Market, by End-user, 2020-2027 (USD Million)

    Table 21 Asia-Pacific: Hair Removal Devices Market, by Country, 2020-2027 (USD Million)

    Table 22 Middle East & Africa: Hair Removal Devices Market, by Product, 2020-2027 (USD Million)

    Table 23 Middle East & Africa: Hair Removal Devices Market, by End-user, 2020-2027 (USD

    Million)

    Table 24 Middle East & Africa: Hair Removal Devices Market, by Region, 2020-2027 (USD Million)


    LIST OF FIGURES

    Figure 1 Research Process

    Figure 2 Segmentation for global Hair Removal Devices Market

    Figure 3 Segmentation Market Dynamics for global Hair Removal Devices Market

    Figure 4 Global Hair Removal Devices Market Share, by Product, 2020 (%)

    Figure 5 Global Hair Removal Devices Market Share, by End-user, 2020 (%)

    Figure 6 Global Hair Removal Devices Market Share, by Region, 2020 (%)

    Figure 7 North America: Hair Removal Devices Market Share, by Country, 2020 (%)

    Figure 8 Europe: Hair Removal Devices Market Share, by Country, 2020 (%)

    Figure 9 Asia-Pacific: Hair Removal Devices Market Share, by Country, 2020 (%)

    Figure 10 Middle East & Africa: Hair Removal Devices Market Share, by Country, 2020 (%)

    Figure 11 Global Hair Removal Devices Market: Company Share Analysis, 2020 (%)

    Figure 12 Alma Lasers, Ltd.: Key Financials

    Figure 13 Alma Lasers, Ltd.: Segmental Revenue

    Figure 14 Alma Lasers, Ltd.: Geographical Revenue

    Figure 15 Cynosure, Inc.: Key Financials

    Figure 16 Cynosure, Inc.: Segmental Revenue

    Figure 17 Cynosure, Inc.: Geographical Revenue

    Figure 18 Cutera Inc.: Key Financials

    Figure 19 Cutera Inc.: Segmental Revenue

    Figure 20 Cutera Inc.: Geographical Revenue

    Figure 21 Lutronic Corporation: Key Financials

    Figure 22 Lutronic Corporation: Segmental Revenue

    Figure 23 Lutronic Corporation: Geographical Revenue

    Figure 24 Cutera Inc.: Key Financials

    Figure 25 Cutera Inc.: Segmental Revenue

    Figure 26 Cutera Inc.: Geographical Revenue

    Figure 27 Lynton Lasers Ltd: Key Financials

    Figure 28 Lynton Lasers Ltd: Segmental Revenue

    Figure 29 Lynton Lasers Ltd: Geographical Revenue

    Figure 30 Solta Medical Inc: Key Financials

    Figure 31 Solta Medical Inc.: Segmental Revenue

    Figure 32 Solta Medical Inc.: Geographical Revenue

    Figure 33 Strata Skin Sciences, Inc.: Key Financials

    Figure 34 Strata Skin Sciences, Inc.: Segmental Revenue

    Figure 35 Strata Skin Sciences, Inc.: Geographical Revenue

    Figure 36 Syneron Medical Ltd.: Key Financials

    Figure 37 Syneron Medical Ltd.: Segmental Revenue

    Figure 38 Syneron Medical Ltd.: Geographical Revenue

    Figure 39 Sciton, Inc: Key Financials

    Figure 40 Sciton, Inc.: Segmental Revenue

    Figure 41 Sciton, Inc.: Geographical Revenue

    Figure 42 Venus Concept Canada Corp.: Key Financials

    Figure 43 Venus Concept Canada Corp: Segmental Revenue

    Figure 44 Venus Concept Canada Corp: Geographical Revenue



    This table of content is tentative and subject to change as the research progresses.

    Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.