UK Laser Hair Removal Market Size & Outlook, 2022-2030
UK laser hair removal market, 2018-2030 (US$M)
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UK laser hair removal market highlights
- The UK laser hair removal market generated a revenue of USD 26.1 million in 2022 and is expected to reach USD 93.2 million by 2030.
- The UK market is expected to grow at a CAGR of 17.2% 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 2022 | USD 26.1 million |
| Market revenue in 2030 | USD 93.2 million |
| Growth rate | 17.2% (CAGR from 2022 to 2030) |
| Largest segment | Diode laser |
| Fastest growing segment | Nd:YAG Laser |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diode Laser, Nd:YAG Laser, Alexandrite Laser |
| Key market players worldwide | Cynosure, 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, UK 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 Europe, Germany laser hair removal market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 54.6 million by 2030.
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Laser Hair Removal Market Scope
Laser Hair Removal Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 39.46% in 2022. Horizon Databook has segmented the UK 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.
The UK is anticipated to grow at a lucrative CAGR of 14.9% over the forecast period. As stated by a recent article that in a clinic in London, laser hair removal treatments undertaken by men rose by around 86% from the year 2012 to 2013. Moreover, increasing consciousness about body image among the UK citizens is expected to boost the demand for cellulite treatments.
According to a YouGov poll of about 4,505 adults in the UK, ~57% of adults aged between 18 & 24 years, ~30% aged between 45 & 55 years, and ~20% aged 55 years & above are unhappy with their body. Moreover, presence of streamlined regulations is likely to boost market growth in the UK.
For instance, Royal College of Surgeons and the General Medical Council, in 2016, published new rules for doctors and/or plastic surgeons who perform surgical & non-surgical cosmetic procedures. These rules emphasize on patient safety and ethical marketing and, hence, facilitate market growth.
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Our clientele includes a mix of laser hair removal market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK laser hair removal market , including forecasts for subscribers. This country databook contains high-level insights into UK laser hair removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK laser hair removal market size, by laser type, 2018-2030 (US$M)
UK Laser Hair Removal Market Outlook Share, 2022 & 2030 (US$M)
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