Hair Removal Market

By Product Type;

Wax Strips, Razors, Creams, and Electronic Devices

By Body Part;

Facial and Others

By System;

Drug Stores, Convenience Stores, Supermarkets, and Online

By End-User;

Home Use and Commercial

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn720154397 Published Date: August, 2025 Updated Date: September, 2025

Hair Removal Market Overview

Hair Removal Market (USD Million)

Hair Removal Market was valued at USD 1,526.38 million in the year 2024. The size of this market is expected to increase to USD 2,826.31 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.2%.


Hair Removal Market

*Market size in USD million

CAGR 9.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.2 %
Market Size (2024)USD 1,526.38 Million
Market Size (2031)USD 2,826.31 Million
Market ConcentrationMedium
Report Pages354
1,526.38
2024
2,826.31
2031

Major Players

  • Lynton Lasers Ltd
  • Cynosure
  • Venus Concept Canada Corp
  • Solta Medical Inc
  • Fotona d.d
  • Cutera Inc
  • Alma Lasers
  • Strata Skin Sciences
  • Syneron Medical Ltd
  • Lutronic Corporation
  • Sciton
  • Lumenis Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hair Removal Market

Fragmented - Highly competitive market without dominant players


The Hair Removal Market is experiencing steady momentum, fueled by the growing demand for efficient and convenient grooming solutions. With nearly 55% of consumers choosing advanced options over traditional techniques, the industry is rapidly evolving to meet rising expectations for quality and long-lasting results. This shift highlights the strong consumer inclination toward professional services and innovative devices that redefine personal care.

Growing adoption of advanced methods
Technologies like laser and IPL devices are witnessing higher adoption due to their effectiveness in delivering smoother and more durable outcomes. Currently, more than 40% of users prefer these advanced solutions over conventional methods, reflecting a clear move toward modern approaches. This growing demand underlines the importance of technological enhancements in boosting customer trust and satisfaction.

Rising influence of beauty consciousness
The surge in beauty awareness through media and digital platforms has further amplified the demand for both professional and home-based hair removal solutions. Reports indicate that nearly 50% of consumers believe regular hair removal boosts confidence and appearance. This cultural shift is shaping grooming behaviors, making hair removal an essential aspect of personal care routines across diverse consumer groups.

Technological innovations driving growth
The introduction of painless technologies and long-lasting devices is redefining user experience in this market. Around 35% of recent innovations focus on enhancing comfort and extending treatment results, helping brands cater to consumer needs more effectively. These advancements are creating stronger loyalty among users while ensuring continuous adoption of upgraded solutions.

Collaborations and strategic developments
The competitive landscape is evolving through strategic collaborations, mergers, and partnerships aimed at expanding product portfolios and technological strengths. Nearly 45% of established brands are actively engaging in such initiatives to broaden their market presence. These strategies are reinforcing innovation and growth, positioning the hair removal market for long-term success.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Body Part
    3. Market Snapshot, By System
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Hair Removal Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Evolving Beauty Standards
        2. Advancements in Technology
        3. Increasing Disposable Income
        4. Influence of Social Media
        5. Technological Innovations
      2. Restraints
        1. High Initial Investment for Advanced Devices
        2. Cultural and Societal Norms
        3. Competition from traditional methods
        4. Regulatory Constraints
        5. Concerns Regarding Long-Term Safety
      3. Opportunities
        1. Partnerships with Influencers and Celebrities
        2. Customization and Personalization of Products and Services
        3. Integration of AI and Machine Learning for Personalized Recommendations
        4. Sustainable and Eco-Friendly Hair Removal Solutions
        5. Growth of the Male Grooming Segment
        6. Expansion of Online Sales Channels
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Hair Removal Market, By Product Type, 2021 - 2031 (USD Million)
      1. Wax Strips
      2. Razors
      3. Creams
      4. Electronic Devices
    2. Hair Removal Market, By Body Part, 2021 - 2031 (USD Million)
      1. Facial
      2. Other Body Parts
    3. Hair Removal Market, By System, 2021 - 2031 (USD Million)
      1. Drug Stores
      2. Convenience Stores
      3. Supermarkets
      4. Online
    4. Hair Removal Market, By End-Use, 2021 - 2031 (USD Million)
      1. Home Use
      2. Commercial
    5. Hair Removal Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cynosure
      2. Lumenis
      3. Alma Lasers
      4. Venus Concept
      5. Candela Corporation
      6. Cutera
      7. Solta Medical
      8. Syneron / Syneron Candela
      9. Viora
      10. Sciton
      11. Lutronic
      12. Lynton Lasers
      13. Fotona
      14. Bausch Health Companies (incl. Candela/Merged)
      15. InMode
  7. Analyst Views
  8. Future Outlook of the Market