Global Laser Hair Removal Market Size & Outlook, 2022-2030
Global laser hair removal market, 2018-2030 (US$M)
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Global laser hair removal market highlights
- The global laser hair removal market generated a revenue of USD 930.4 million in 2022 and is expected to reach USD 3,595.2 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 18.4% by 2030.
- In terms of segment, diode laser accounted for a revenue of USD 363.8 million in 2022.
- Nd:YAG Laser is the most lucrative laser type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 930.4 million |
| Market revenue in 2030 | USD 3,595.2 million |
| Growth rate | 18.4% (CAGR from 2022 to 2030) |
| Largest segment | Diode laser |
| Fastest growing segment | Nd:YAG Laser |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diode Laser, Nd:YAG Laser, Alexandrite Laser |
Other key industry trends
- In terms of revenue, the North America accounted for 34.4% of the global laser hair removal market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 46.5 million by 2030.
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Laser Hair Removal Market Scope
Laser Hair Removal Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global laser hair removal market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laser hair removal market will help companies and investors design strategic landscapes.
Diode laser was the largest segment with a revenue share of 39.1% in 2022. Horizon Databook has segmented the Global laser hair removal market based on diode laser, nd:yag laser, alexandrite laser covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Laser Hair Removal Laser Type Outlook (Revenue, USD Million, 2018-2030)
- Diode Laser
- Nd:YAG Laser
- Alexandrite Laser
- Global Laser Hair Removal End Use Outlook (Revenue, USD Million, 2018-2030)
- Beauty Clinics
- Dermatology Clinics
- Home Use
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Horizon Databook provides a detailed overview of global-level data and insights on the Global laser hair removal market , including forecasts for subscribers. This global databook contains high-level insights into Global laser hair removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global laser hair removal market size, by regions, 2018-2030 (US$M)
Top 10 countries: Laser hair removal market size, 2022 (US$M)
Global laser hair removal market share, by laser type, 2022 & 2030 (%, US$M)
Laser hair removal market: Opportunity assessment by country
Global laser hair removal market, by region, 2022 (US$M)
| Laser Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 207.8 | 232.8 | 184.1 | 275.6 | 320.4 | 373.8 | 437.7 | 514.3 | 606.5 | 717.9 | 853.0 | 1,017.6 | 1,218.7 | 18.2% |
| Europe | 84.7 | 93.6 | 73.1 | 109.2 | 126.5 | 147.3 | 171.9 | 201.5 | 237.0 | 279.9 | 331.5 | 394.5 | 471.0 | 17.9% |
| Asia Pacific | 123.7 | 143.7 | 117.8 | 179.0 | 211.4 | 250.3 | 297.4 | 354.7 | 424.4 | 509.7 | 614.3 | 743.3 | 902.6 | 19.9% |
| Latin America | 134.6 | 152.6 | 122.3 | 184.0 | 214.9 | 251.9 | 296.2 | 349.6 | 414.3 | 492.6 | 588.0 | 704.7 | 847.8 | 18.7% |
| MEA | 36.8 | 42.7 | 35.2 | 50.9 | 57.2 | 64.4 | 72.6 | 81.9 | 92.9 | 105.3 | 119.5 | 136.1 | 155.1 | 13.3% |
| Overall | 587.6 | 665.4 | 532.5 | 798.7 | 930.4 | 1,087.7 | 1,275.8 | 1,502.0 | 1,775.1 | 2,105.4 | 2,506.3 | 2,996.2 | 3,595.2 | 18.4% |
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