Press release
2025 Hair Removal Spray Market Outlook: Key Indicators Shaping Growth Through 2034
Hair Removal Spray Market
What Will the Hair Removal Spray Industry Market Size Be by 2025?
The market size for hair removal sprays has experienced robust growth in the past few years. The market value is projected to increase from $4.39 billion in 2024 to $4.62 billion in 2025, with a compound annual growth rate (CAGR) of 5.2%. The historical growth can be linked to a heightened consciousness about personal grooming and cleanliness, an increase in disposable income, expansion of e-commerce platforms, a surge in the urban populace, and the increased availability of products suitable for both genders.
What's the Long-Term Growth Forecast for the Hair Removal Spray Market Size Through 2029?
Anticipations are for the hair removal spray market size to witness stable growth in the coming years, scaling to a value of $5.61 billion in 2029 with a compound annual growth rate (CAGR) of 5.0%. The surge expected in the forecast period can be correlated to factors such as the increasing fame of beauty products, surging prices in beauty salons, an uptick in the number of career-oriented women, a swelling demand for dermatologist-certified products, and the rising trend of subscription-based models. The forecast period will also see predominant trends like technological upgrades, the incorporation of natural and organic ingredients, products suitable for both genders, environment-friendly packaging, and painless hair elimination solutions.
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What Are the Key Growth Drivers Fueling the Hair Removal Spray Market Expansion?
The hair removal spray market is projected to experience a surge due to increased consumer expenditure on personal care items. These items, used for personal hygiene, grooming and enhancement, are becoming popular as a result of health consciousness, social media influence, product formulation innovations, and heightened awareness. Hair removal sprays are an integral part of personal care items, offering a fast and painless solution for eliminating undesirable body hair. As per a report released by the British Beauty Council in July 2024, in 2023, personal care products boosted the GDP by £27.2 billion ($30.44 billion), an 11% increase from 2022, chiefly due to a 10% rise in household spending on these products in the UK. Thus, the market for hair removal sprays is benefitting from this increased spending on personal care products. Hair Removal Spray Market Driver: E-Commerce Upsurge Fuels Hair Removal Spray Market Growth
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What Are the Key Trends Driving Hair Removal Spray Market Growth?
Leading businesses in the hair removal spray market are creating novel products like foam-based hair removal sprays, in order to meet the customer's need for more efficient and hassle-free hair removal methods. These foam-based sprays are depilating items intended to eliminate undesired body hair, providing a distinct usage experience compared to conventional hair removal creams or gels. For example, in December 2022, UrbanYog, a firm based in India that specializes in beauty and personal care products, released a hair removal spray aimed at women, guaranteeing a painless hair removal journey in less than 10 minutes. The cutting-edge spray is designed for effortless application and promises uniform coverage, making it perfect for quick use at home. It incorporates skin-friendly components, removes unwanted hair effectively, and leaves the skin feeling soft and hydrated. This spray is appropriate for different body parts, such as legs, arms, and underarms, and contains calming substances like aloe vera and chamomile to reduce irritation and ensure a comfortable hair removal experience.
How Is the Hair Removal Spray Market Segmented?
The hair removal spray market covered in this report is segmented -
1) By Type: Aelo, Glycerin, Sunflower Oil
2) By Application: Men, Women, Other Applications
3) By Industry Vertical: Cosmetics, Other Industry Verticals
Subsegments
1) By Aloe: Aloe Vera Gel-based Sprays, Aloe Vera Extract-based Sprays
2) By Glycerin: Glycerin-based Sprays with Moisturizers, Glycerin-based Sprays with Exfoliants
3) By Sunflower Oil: Sunflower Oil-based Sprays with Natural Ingredients, Sunflower Oil-based Sprays with Chemical Additives
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Which Companies Are Leading the Charge in Hair Removal Spray Market Innovation?
Major companies operating in the hair removal spray market are L'Oréal S.A., Reckitt Benckiser Group plc, Church and Dwight Co. Inc., Avon Products Inc., Edgewell Personal Care Company, Revlon Inc., St Ives Group, Sirona Hygiene Pvt. Ltd., Helios Lifestyle Pvt. Ltd., Nair, Beardo, HCP Wellness Pvt. Ltd., Bioelements, Veet, Vi-John Group, Parissa Laboratories Inc., Bombay Shaving Company, Bold Care Technologies Pvt. Ltd., Mancode, Sally Hansen, Neomen, Sanfe, Mountainor, Spruce Shave Club Pvt. Ltd., Prolixr Beauty Pvt. Ltd., i-feel Pvt. Ltd., New Moon Cosmetics Pvt. Ltd., Saffron Biotech Pvt. Ltd., Jolen, Wilson Cosmetics Co. Ltd
Which Regions Are Leading the Global Hair Removal Spray Market in Revenue?
Asia-Pacific was the largest region in the hair removal spray market in 2024. The regions covered in the hair removal spray market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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