India Laser Hair Removal Market Size & Outlook, 2022-2030

The laser hair removal market in India is expected to reach a projected revenue of US$ 120.8 million by 2030. A compound annual growth rate of 21.3% is expected of India laser hair removal market from 2023 to 2030.
Revenue, 2022 (US$M)
$25.8
Forecast, 2030 (US$M)
$120.8
CAGR, 2023 - 2030
21.3%
Report Coverage
India

India laser hair removal market highlights

  • The India laser hair removal market generated a revenue of USD 25.8 million in 2022 and is expected to reach USD 120.8 million by 2030.
  • The India market is expected to grow at a CAGR of 21.3% from 2023 to 2030.
  • In terms of segment, diode laser was the largest revenue generating laser type in 2022.
  • Alexandrite Laser is the most lucrative laser type segment registering the fastest growth during the forecast period.


Laser hair removal market data book summary

Market revenue in 2022USD 25.8 million
Market revenue in 2030USD 120.8 million
Growth rate21.3% (CAGR from 2022 to 2030)
Largest segmentDiode laser
Fastest growing segmentAlexandrite Laser
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDiode Laser, Nd:YAG Laser, Alexandrite Laser
Key market players worldwideCynosure, Alma Lasers Ltd, Bausch Health Companies Inc, Cutera Inc, Candela Medical, Lumenis, Venus Group, Sinclair Pharma plc, UltraShape Ltd. (Syneron Medical)


Other key industry trends

  • In terms of revenue, India accounted for 2.8% of the global laser hair removal market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China laser hair removal market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 120.8 million by 2030.

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Laser Hair Removal Market Companies

Name Profile # Employees HQ Website

India 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 39.53% in 2022. Horizon Databook has segmented the India 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.


India is anticipated to witness lucrative growth over the forecast period due to rising awareness of advanced laser hair removal devices in this region. According to ISAPS, in 2016, around 105,600 hair removal procedures had been performed in 2016 in the country.

In addition, increasing number of laser hair removal procedures in India can be attributed to the rising disposable income and growing awareness about laser hair removal procedures. Moreover, relatively lower treatment costs are expected to contribute to the growing medical tourism industry in this country.

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  • Our clientele includes a mix of laser hair removal market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the India laser hair removal market , including forecasts for subscribers. This country databook contains high-level insights into India laser hair removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India laser hair removal market size, by laser type, 2018-2030 (US$M)

India Laser Hair Removal Market Outlook Share, 2022 & 2030 (US$M)

India laser hair removal market size, by laser type, 2018-2030 (US$M)

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