Global Hair Removal Devices Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global hair removal devices market in its upcoming report titled, “Global Hair Removal Devices Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global hair removal devices market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global hair removal devices market report has been segmented on the basis of product type and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Hair removal is a process where the hair on an individual’s body are removed deliberately. the hair removal process is also known as Epilation. Human body hair becomes more visible after puberty. They are removed for various reasons such as fashion, cultural practices, sports, military, medical reasons, etc. Traditionally, there are various methods used to remove hairs such as shaving, waxing, plucking. Various instruments are also used to get rid of body hair. New advance methods are also introduced such as laser or intense light technology to remove hairs from any part of the body without harming hair roots and skin.
Increasing importance about appearance and rapidly changing beauty standards among individuals are major factors anticipated to boost the demand of various hair removal devices and drives the growth of the market.
Traditional hair removal methods are painful and time consuming. With changing lifestyle and increasing disposable income, the preference towards new and technologically advanced hair removal techniques is increasing which is anticipated to propel the demand of the devices and drives the growth of the market over the forecast period. Hair removing process by using hair removing devices is painless and consumes less time as compared to conventional processes, expected to bolster the growth of the global hair removal devices market over the long run.
Furthermore, easy availability of advanced hair removal devices through e-commerce and retail industry and increasing application at dermatology clinics and beauty salons, and for personal use, are some factors anticipated to fuel the growth of the global market.
However, the high cost of hair removal devices and requirements of multiple treatments are factors, may hamper the growth of the global hair removal devices market. Yet, the development of cost-effective hair removal devices which are applicable for individual use with all types of skin tones, can create higher revenue opportunities for players in the target market.
North America accounts for largest market share in terms of revenue and expected to maintain its position over the forecast period, due to increasing demand for light based and laser hair removal devices among individuals for personal use in the region. In addition, a rising number of individuals getting skin treatment such as hair removal from dermatologists also propelling the growth of the target market.
Global Hair Removal Devices Market Segmentation:
Segmentation by device type:
- Laser Based
- Energy Based
- Intense Pulse based
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Alma Lasers Ltd.
- Cutera Inc.
- Cynosure Inc.
- Fotona d.d.
- Lumenis Ltd.
- Lutronic Corporation
- Lynton Lasers Ltd.
- Sciton Inc.
- Solta Medical Inc.
- Syneron Medical Ltd.
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