Published :
Report ID:
Pages :
Format :
The Hair Removal Machines Market is expected to be valued at USD 1,309.09 million by 2030 and grow at a CAGR of 9.80% during the forecast period.
Hair Removal Machines Market Overview
Trimmers, shavers, and epilators are some of the hair removal appliances preferred by customers for quick and easy hair removal. With the advancement of technology, different easy and painless hair removal alternatives have appeared on the market. Laser hair removal is gaining importance in the market as the most prominent hair removal method. Epilation or epilation is a cycle in which hair is intentionally plucked from a person's body. Body hair is removed for design, social practice, sporting, military, and clinical reasons. Developing importance on appearance, the fast-changing grandeur principle among people, and the popularity of laser hair removal treatment are the driving forces for the development of the hair removal devices market. In addition, easy accessibility of state-of-the-art hair removal devices through online businesses and retail outlets and increasing utilization of these devices at home is expected to propel the development of the market worldwide. Nonetheless, the significant cost of hair removal devices and the need for various pharmaceuticals may limit market development over the projected period.
Contrive Datum Insights has recently published the Hair Removal Machines Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Hair Removal Machines market.
Some of the key players profiled in the study are:
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Philips, Riwa, Braun, Tria Beauty, SID, Panasonic, Trueman, POVOS, Flyco, Paiter, Rifeng, and others.
What are the major Applications, Types, and Regions for the Hair Removal Machines Market?
By Product
By Application
By End User
Hair Removal Machines Market Regional Insights:
North America dominated the market in 2021, accounting for the largest share of more than 35.5% of the global revenue. The ease of availability of technologically advanced products and the high level of awareness among consumers regarding body grooming are some of the major factors driving the growth of this market. Regional market Rising rapid and effective usage of laser hair removal devices in the U.S. is one of the key factors contributing to the country’s dominance in the North American regional market. Manufacturers in the region are primarily focused on the development, commercialization, and distribution of hair removal products to meet the medical needs of healthcare professionals, especially dermatologists, and patients.
The popularity of hair removal treatments in European countries and the availability of skilled dermatologists are expected factors boosting product demand in the region. The market in Asia Pacific is expected to witness the fastest growth during the forecast period. This can be attributed to the rising demand for cost-effective hair removal products coupled with rising disposable income levels in the region. Rising awareness regarding the safety offered by laser equipment is also expected to drive product demand, thereby boosting the growth of the regional market. Rapid technological advancements in the region will further drive market growth. Rising beauty awareness, especially in developing countries, is also creating untapped opportunities for the Asia Pacific market.
Geographically, the global Hair Removal Machines market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.
Hair Removal Machines Market Report Scope:
Report Attributes |
Details |
Growth Rate |
CAGR of 9.8% from 2022 to 2030. |
By Product |
|
By Application |
|
By End User |
|
By Companies |
Philips, Riwa, Braun, Tria Beauty, SID, Panasonic, Trueman, POVOS, Flyco, Paiter, Rifeng |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Frequently Asked Questions (FAQ) about the Hair Removal Machines market:
What is the CAGR of the global Hair Removal Machines market?
The Hair Removal Machines Market is growing at a CAGR of 9.8% during the forecast period.
Which region would offer high growth for vendors in the Hair Removal Machines market?
North America is the largest market for Hair Removal Machines Market.
Which Is the Most potential market segment?
By Product
By Application
Which are the top industry players in the Hair Removal Machines market?
Philips, Riwa, Braun, Tria Beauty, SID, Panasonic, Trueman, POVOS, Flyco, Paiter, Rifeng
All of our reports are custom to your company's needs to some extent and we offer 5 hours of free consultation time with each report purchase, which will allow you to request any additional data to custom the report to your needs.