Press release
$2.51+ Bn laser hair removal industry is expected to grow at a stunning CAGR of 15.7% to 2031
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฃ๐จ๐ซ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐๐ฌ๐๐ซ ๐๐๐ข๐ซ ๐๐๐ฆ๐จ๐ฏ๐๐ฅ ๐๐ซ๐จ๐๐๐๐ฎ๐ซ๐๐ฌ ๐ข๐ง 2024The demand for hair removal treatments has surged recently due to rising self-awareness among the younger population regarding physical appearance. This has been complemented by the development of state-of-the-art techniques, including intense pulsed light (IPL) and picosecond laser technology, which are expected to broaden the scope of the landscape in the coming years. The laser hair removal market was valued at $583.99 million in 2021 and is projected to reach $2.51 billion by 2031, growing at a CAGR of 15.7% from 2022 to 2031.
๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/A17035
Urbanization and industrialization have significantly changed the lifestyle of people in metropolitan cities, transforming their fashion sense and demands. Dermatology has expanded beyond treating skin-related diseases to include procedures like cosmetic surgeries, hair removal treatments, and facial toning. Hair removal has become a common dermatological treatment to reduce unwanted hair, and recent advancements have increased the safety and efficiency of these procedures.
The Rising Popularity of Intense Pulsed Light (IPL) Technology for Painless Hair Removal
Intense pulsed light (IPL) technology enhances the skin's color or texture without surgery and can remove unwanted hair or skin cells. Compared to traditional laser treatments, IPL is gentler on the skin, with faster recovery times as the light is applied in a way that minimally affects the epidermis. Dermatologists recommend using IPL technology with varying wavelengths and radiofrequency to maximize its efficiency.
Studies in dermatology have shown that a wavelength range of 755 to 1,064 nanometers (nm) is optimal for laser hair removal. Experts recommend using laser bursts of longer wavelengths to avoid burning the epidermis while effectively removing hair and preserving the skin. The integration of radiofrequency in IPL technology is a major trend in the laser hair removal industry. The combination of RF and IPL technology offers a targeted approach, increasing the precision of this innovative hair removal procedure. The recent development of picosecond laser technology also provides high accuracy, achieving faster results in fewer sessions.
Ingenious Product Launches by Alma and LUBEX Expanding the Scope of the Landscape
According to a report by Allied Market Research, the laser hair removal industry is expected to grow at a stunning CAGR of 15.7% from 2022 to 2031, driven by advancements in laser hair removal procedures. Additionally, innovative product launches by major companies in the industry are expected to contribute to market growth.
In November 2023, LUBEX, a personal care products brand, launched a sapphire ice-cooling hair removal device, D-T003. The device's ice-cooling technology helps prevent skin injuries during hair removal, making the procedure more efficient and painless. This high-tech device is anticipated to create new opportunities for LUBEX's expansion within the industry.
In March 2024, Alma, a developer of energy-based medical solutions, announced the launch of a special edition of Soprano Titanium, an award-winning hair removal platform. This special edition offers a synthesis of three wavelengths to provide high-quality results to patients, offering a virtually painless treatment method effective on all skin types. Experts consider Soprano Titanium the fastest hair removal treatment in the industry, and the product launch is expected to boost Alma's market share.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A17035
The laser hair removal industry is projected to witness significant growth in the coming years due to advanced techniques such as intense pulsed light (IPL) and picosecond laser technology. Additionally, changing lifestyles and increased self-awareness among the younger population are expected to create new growth opportunities in the landscape.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐: https://www.alliedmarketresearch.com/laser-hair-removal-market-A17035
Pawan CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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