Saudi Arabia Laser Hair Removal Market Size & Outlook

The laser hair removal market in Saudi Arabia is expected to reach a projected revenue of US$ 46.5 million by 2030. A compound annual growth rate of 12.6% is expected of Saudi Arabia laser hair removal market from 2023 to 2030.
Revenue, 2022 (US$M)
$18.0
Forecast, 2030 (US$M)
$46.5
CAGR, 2023 - 2030
12.6%
Report Coverage
Saudi Arabia

Saudi Arabia laser hair removal market highlights

  • The Saudi Arabia laser hair removal market generated a revenue of USD 18.0 million in 2022 and is expected to reach USD 46.5 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 12.6% from 2023 to 2030.
  • In terms of segment, diode laser was the largest revenue generating laser type in 2022.
  • Nd:YAG 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 18.0 million
Market revenue in 2030USD 46.5 million
Growth rate12.6% (CAGR from 2022 to 2030)
Largest segmentDiode laser
Fastest growing segmentNd:YAG 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, Saudi Arabia accounted for 1.9% 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 Middle East & Africa, South Africa laser hair removal market is projected to lead the regional market in terms of revenue in 2030.
  • UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 38.0 million by 2030.

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Laser Hair Removal Market Companies

Name Profile # Employees HQ Website

Saudi Arabia 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 38.89% in 2022. Horizon Databook has segmented the Saudi Arabia 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.


They key drivers include high number of young population who are very beauty conscious and want to invest in grooming and maintain their health in the process. However, factors restricting the growth of the market include ambiguous regulatory framework and growing security concern. However, stringent cultural restrictions in this country may impede market growth.

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Target buyers of Saudi Arabia laser hair removal market databook

  • 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia laser hair removal market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia laser hair removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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