Hair Removal Device market is anticipated to reach at USD 8,799.13 million in 2032, Philips, Panasonic, Braun, Flyco, POVOS, SID, Riwa, Paiter, Trueman, Rifeng

The global hair removal devices market size was valued at USD 1,299.13 million in 2021 and is anticipated to reach at USD 8,799.13 million in 2032 expand at a compound annual growth rate (CAGR) of 12.6% during the forecast period.

Some of the Top companies Influencing this Market include:

Philips, Panasonic, Braun, Flyco, POVOS, SID, Riwa, Paiter, Trueman, Rifeng

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Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For the purpose of this study, Grand View Research has segmented the global hair removal devices market report on the basis of product, application, end-use, distribution channel, region:

Product Outlook (Revenue, USD Million, 2017 - 2030)

Laser Devices

Diode Laser

Nd: YAG Laser

Alexandrite Laser

Intense Pulse Light Devices

Other Energy-based Devices

Application Outlook (Revenue, USD Million, 2017 - 2030)

Facial Hair Removal

Legs

Hands

Others

End-use Outlook (Revenue, USD Million, 2017 - 2030)

Beauty Clinics

Dermatology Clinics

Home Use

Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

Supermarkets and hypermarkets

Drug-stores

Online

Regional Insights
North America dominated the market in 2021 and accounted for the maximum share of more than 35.5% of the global revenue. Easy availability of technologically advanced products and high awareness levels among consumers about physical grooming are some of the major factors responsible for the growth of the regional market. An increase in the usage of laser hair removal devices for rapid and effective results in the U.S. is among the key factors contributing to the country's dominance in the North American regional market. Manufacturers in this region are majorly focusing on the development, commercialization, and distribution of hair removal products that cater to the needs of healthcare professionals, especially dermatologists, and patients.

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Hair Removal Devices Market Report Highlights

Laser devices held the largest share in 2021 owing to their benefits, such as painless treatment and rapid hair reduction.
Diode lasers segment is lucrative, as they provide rapid hair reduction with minimum adverse effects.
In 2021, the beauty clinics segment dominated the market because a large number of consumers prefer rapid treatment sessions, unlike dermatology clinics.
The home-use segment is anticipated to exhibit the second-fastest CAGR during the forecast period due to the easy availability of these devices through retail & online distribution channels.
North America held the largest revenue share in 2021 due to its well-developed healthcare infrastructure and growth in the number of hair reduction procedures in the U.S.
Asia Pacific is anticipated to witness the highest growth rate during the forecast period owing to increasing awareness about advanced equipment and the availability of affordable laser hair removal devices in China.

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