The global Hair Removal Devices Market size is expected to reach USD 2.1 billion by 2030, registering a CAGR of 8.6% during the forecast period, according to a new report by Grand View Research, Inc. Rising beauty consciousness, particularly among women, has been driving the growth of this market. Men are also following this trend due to the rise in awareness about the need for better grooming. In addition, there is a high demand for noninvasive techniques for hair removal, such as the laser technique, owing to the benefits associated with their usage. Moreover, these devices are also designed for home use. This factor is also contributing to the high demand for personal non-invasive grooming techniques.
The COVID-19 pandemic
had adversely affected the market due to a decline in operations, sales, and
revenue. The pandemic has temporarily changed the customers’ spending habits
due to the restrictions imposed by the governments across various nations.
Customers have started opting for at-home services for beauty and other
aesthetic procedures. The availability of technologically advanced products
also plays an important role in boosting the growth of the market. New laser
devices emit longer wavelengths of light, which enables them to avoid the
melanin in darker skin and focus on the melanin present in hair follicles. This
eliminates the risk of causing skin burns. All these factors are expected to
drive the market in the coming years.
Related Press
Release@ Hair Removal Devices Market Report
Hair Removal Devices
Market Report Highlights
- Laser devices held the largest share in 2021 owing to their
benefits, such as painless treatment and rapid hair reduction
- Diode lasers segment is lucrative, as they provide rapid hair
reduction with minimum adverse effects
- In 2021, the beauty clinics segment dominated the market
because a large number of consumers prefer rapid treatment sessions,
unlike dermatology clinics
- The home-use segment is anticipated to exhibit the second-fastest
CAGR during the forecast period due to the easy availability of these
devices through retail & online distribution channels
- North America held the largest revenue share in 2021 due to its
well-developed healthcare infrastructure and growth in the number of hair
reduction procedures in the U.S.
- Asia Pacific is anticipated to witness the highest growth rate
during the forecast period owing to increasing awareness about advanced
equipment and the availability of affordable laser hair removal devices in
China
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
No comments:
Post a Comment