Volume Insights on Laser Hair Removal Sector

The Global Laser Hair Removal Sector Volume Projection was valued at 67,719.25 units in 2023 and is projected to reach 480,676.21 units by 2035, registering a CAGR of 17.8% from 2024 to 2035.

Volume Insights Strategic Overview

Allied Market Research announces the release of its comprehensive analysis of the global number of laser hair removal devices. Laser hair removal is a medical procedure that uses concentrated beams of light to target and destroy hair follicles, reducing hair growth over time. The treatment is commonly performed on areas such as the face, legs, underarms, bikini line, and back. It works by emitting a laser that is absorbed by the pigment (melanin) in the hair, generating heat that damages the follicle and inhibits future hair growth. Multiple sessions are typically required for optimal results, as hair grows in cycles and the laser is most effective during the active growth phase. 

Laser hair removal sector volume application highlights the increasing demand for laser hair removal, particularly in women. According to laser hair removal sector volume projection analysis growing adoption of laser hair removal among women is driven by increasing awareness of its long-term benefits, such as reduced hair growth, smoother skin, and fewer ingrown hairs compared to traditional methods like shaving and waxing.

According to laser hair removal sector volume trends advances in laser technology have made the procedure more effective, less painful, and suitable for a wider range of skin tones and hair types. The influence of social media and beauty trends has also played a role in increase of laser hair removal sector sales as more women seek long-lasting grooming solutions that align with modern beauty standards. 

Furthermore, growing adoption of alexandrite laser hair removal is attributed to its high efficacy, rapid treatment times, and ability to target a broad range of hair types and skin tones. Alexandrite lasers, operating at a 755 nm wavelength, are particularly effective for individuals with lighter skin tones and dark hair, offering superior melanin absorption and precise hair follicle targeting. This results in faster and more effective hair reduction compared to other laser technologies. Additionally, advancements in cooling systems have enhanced patient comfort and minimized the risk of side effects, further increasing the preference for Alexandrite lasers.  

The global volume of alexandrite laser hair removal dominated laser hair removal sector volume share and is expected to grow from 22,344.26 units in 2023 to 147,649.05 units by 2035, registering a CAGR of 17.1% over the forecast period. This expansion is supported by rising demand for non-invasive and long-lasting hair removal solutions, coupled with the growing influence of aesthetic trends and personal grooming. 

Regional Laser Hair Removal Sector Volume Growth

According to laser hair removal sector volume forecast analysis Asia-Pacific dominates the laser hair removal devices sales with 54.61% share in 2023 and a 18.5% CAGR, while North America, Europe, and LAMEA show strong growth at 16.4%, 17.0%, and 17.6% CAGR, respectively, fueled by rise in consumer preference towards long-term hair removal. 

The regional analysis highlights significant variations in adoption trends across the globe. Asia-Pacific leads the laser hair removal industry, contributing over 54.61% of the total volume in 2023 and expected to grow at a CAGR of 18.5%, driven by rising disposable incomes, increasing awareness of advanced aesthetic procedures, and a growing preference for non-invasive cosmetic treatments in countries like China, India, and the Rest of Asia-Pacific. North America, led by the U.S. and Canada, is projected to maintain steady growth at a 16.4% CAGR, fueled by the increasing demand for non-invasive cosmetic treatments, driven by a growing focus on personal grooming and aesthetics, which has significantly contributed to the growth of the industry.

Europe, with key players such as Germany, France, and Italy, is expected to grow at a 17% CAGR, supported by well-established network of dermatology and cosmetic clinics offering laser treatments, supported by skilled professionals and cutting-edge technology. Meanwhile, LAMEA offers a significant growth opportunity with a 17.6% CAGR, driven by regions like Brazil and the Middle East, owing to increasing disposable income, and growing awareness of advanced hair removal technologies. 

Laser Hair Removal Sector Volume Growth, By Region, 2023-2035 (Units) 

Source: AMR Analysis 

Laser Hair Removal Device Country Sector Sales 

U.S. led the laser hair removal sector, contributing 10,445.25 units in 2023, and is projected to reach 62,450.94 units by 2035 at the CAGR of 16.1%. 

The report identifies the U.S. as the largest contributor to the laser hair removal sector in terms of volume. This is attributed to higher adoption of advanced hair removal technologies such as laser hair removal. Furthermore, the rise in disposable income also contribute significantly in the growth of the laser hair removal industry in the U.S. 

Mexico and China present significant growth potential in the laser hair removal sector due to increasing disposable incomes, growing beauty consciousness, and expanding medical aesthetics industries. In Mexico, rising demand for non-invasive cosmetic procedures, coupled with an expanding middle-class population, is fueling volume growth in the forecast period. The influence of social media, medical tourism, and the presence of affordable yet high-quality laser treatments further contribute to the growing volume share.

Meanwhile, China’s laser hair removal sector is driven by rapid urbanization, evolving beauty standards, and the increasing presence of advanced aesthetic clinics. The country’s growing millennial and Gen Z population, with a strong preference for personal grooming and self-care, is boosting demand. 

Laser Hair Removal Volume Share, By Country, 2023-2035 (Units) 

Source: AMR Analysis 

Key Highlights by Stakeholders

Highlighting the significance of this report, Anshul Mishra, Vice-President of Allied Market Research, stated, “The laser hair removal sector is driven by rising beauty consciousness, increasing disposable income, technological advancements, growing medical tourism, and a preference for non-invasive cosmetic procedures with long-lasting results.” 

He further added, “Asia-Pacific, with its rapid expansion of healthcare infrastructure, significantly contributes in adoption of laser hair removal devices. At the same time, high impact of social media on beauty standards in North America and Europe is driving steady growth in these regions. With this comprehensive analysis, we aim to empower our clients with the knowledge needed to make informed business decisions.” 

Laser Hair Removal Volume Trends

The report also emphasizes the growing role of laser hair removal in addressing the need for aesthetic solutions. With increasing consumer demand for non-invasive and long-lasting hair removal technology, laser hair removal is expected to witness significant growth. This growing preference is pushing manufacturers to innovate and provide better laser hair removal solutions. 

Furthermore, the study discusses the technological advancement in laser hair removal technology such as dual-wavelength technology, cooling mechanisms, and integration of AI and real-time skin monitoring. 

Stakeholders such as medical devices companies, healthcare providers & dermatologists, and beauty & aesthetic clinics should use the report’s insights to grab new opportunities and plan ahead.

About Allied Market Research

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