Asia Pacific Laser Hair Removal Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

Analysis - by Laser Type (Alexanderite Laser, Diode Laser, Nd: YAG Laser, and Others), Product Type (Multiple Standard Wavelength and Specific Standard Wavelength), and End User (Beauty Clinics, Dermatology Clinics, Hospitals, and Home Use)


No. of Pages: 72    |    Report Code: BMIRE00029890    |    Category: Life Sciences

Available Report Formats

pdf-format excel-format pptx-format
Buy Now
Asia Pacific Laser Hair Removal Market

The Asia Pacific laser hair removal market is expected to grow from US$ 104.65 million in 2022 to US$ 331.94 million by 2030. It is estimated to grow at a CAGR of 15.5% from 2022 to 2030.



Rising Popularity of Laser-Based Hair Removal Among Men Drive Asia Pacific Laser Hair Removal Market

Laser hair removal is rapidly gaining traction in modern cosmetic dermatology. The standards of aesthetics and beauty are transforming every day for men and women alike. Men are willing to try out laser treatments for removing excessive hair, generally on the face, and neck, back, and chest parts. They especially appreciate the diode laser's ability to remove even the coarsest hair from relatively large body areas. Getting rid of unwanted hair with the traditional methods is often painful, time-consuming, and gives temporary results that last for a few days to a few weeks. Therefore, just like women, men are also opting for long-lasting body hair removal treatments. Laser hair removal treatments for men offer a remarkable solution for eradicating pesky hair from hard-to-reach areas such as the back, shoulders, and buttocks, ensuring smooth and appealing surfaces.

This treatment is also deemed perfect for urban men who desire a neat and hygienic appearance, and it also serves as an ideal alternative to traditional hair removal methods that are tedious, time-consuming, and messy. Mankini laser hair removal is the male equivalent to full Brazilian laser hair removal. Mankini laser treatments are part of the growing manscaping trends amongst men.

Asia Pacific Laser Hair Removal Market Overview

The Asia Pacific laser hair removal market is analyzed based on China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The growth in Asia Pacific is characterized by the rising incidence of skin rejuvenation, growing awareness of cosmetic procedures to improve aesthetic appeal, and the rise of its wealthy middle class. People have grown more aware of beauty issues, becoming well-informed about aesthetic treatments, and the increase in healthcare expenditure and availability of technological advancements in aesthetic products help boost the growth of the laser hair removal market in the region. Noninvasive cosmetic procedures such as lasers are gaining in popularity in the Chinese market due to their significant benefits and minimal downtime. China's economy continues to grow along with the rising disposable income and wealth of its citizens. This increase in spending power has led to a booming cosmetic surgery industry.

Many Chinese millennials place high importance on personal grooming and self-care. According to the "New Oxygen 2019 White Paper on Medical Aesthetics Industry" in 2018, the consumption of Chinese aesthetic treatment ranked first in the world, exceeding that of the US and South Korea. Thus, the factors mentioned above are likely to propel the demand for laser hair removal in the country.

Asia Pacific Laser Hair Removal Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Laser Hair Removal Market Segmentation

The Asia Pacific laser hair removal market is segmented into laser type, product type, end user, and country.

Based on laser type, the Asia Pacific laser hair removal market is segmented into alexanderite laser, diode laser, Nd: YAG laser, and others. The diode laser segment held the largest share of the Asia Pacific laser hair removal market in 2022.

Based on product type, the Asia Pacific laser hair removal market is bifurcated into multiple standard wavelength and specific standard wavelength. The multiple standard wavelength segment held a larger share of the Asia Pacific laser hair removal market in 2022.

Based on end user, the Asia Pacific laser hair removal market is segmented into beauty clinics, dermatology clinics, hospitals, and home use. The beauty clinics segment held the largest share of the Asia Pacific laser hair removal market in 2022.

Based on country, the Asia Pacific laser hair removal market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific laser hair removal market in 2022.

Alma Lasers Ltd, Candela Corp, Cutera Inc, Lumenis Be Ltd, Lutronic Co Ltd, Sciton Inc, and Sinclair Pharma Ltd are some of the leading companies operating in the Asia Pacific laser hair removal market.


Asia Pacific Laser Hair Removal Strategic Insights

Strategic insights for the Asia Pacific Laser Hair Removal provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

strategic-framework/asia-pacific-laser-hair-removal-market-strategic-framework.webp
Get more information on this report

Asia Pacific Laser Hair Removal Report Scope

Report Attribute Details
Market size in 2022 US$ 104.65 Million
Market Size by 2030 US$ 331.94 Million
Global CAGR (2022 - 2030) 15.5%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Laser Type
  • Alexanderite Laser
  • Diode Laser
  • Nd: YAG Laser
By Product Type
  • Multiple Standard Wavelength
  • Specific Standard Wavelength
By End User
  • Beauty Clinics
  • Dermatology Clinics
  • Hospitals
  • Home Use
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Alma Lasers Ltd
  • Candela Corp
  • Cutera Inc
  • Lumenis Be Ltd
  • Lutronic Co Ltd
  • Sciton Inc
  • Sinclair Pharma Ltd
  • Get more information on this report

    Asia Pacific Laser Hair Removal Regional Insights

    The geographic scope of the Asia Pacific Laser Hair Removal refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

    geography/asia-pacific-laser-hair-removal-market-geography.webp
    Get more information on this report

    The List of Companies - Asia Pacific Laser Hair Removal Market

    1. Alma Lasers Ltd

     

    2. Candela Corp

    3. Cutera Inc

    4. Lumenis Be Ltd

    5. Lutronic Co Ltd

    6. Sciton Inc

    7. Sinclair Pharma Ltd

    Frequently Asked Questions
    How big is the Asia Pacific Laser Hair Removal Market?

    The Asia Pacific Laser Hair Removal Market is valued at US$ 104.65 Million in 2022, it is projected to reach US$ 331.94 Million by 2030.

    What is the CAGR for Asia Pacific Laser Hair Removal Market by (2022 - 2030)?

    As per our report Asia Pacific Laser Hair Removal Market, the market size is valued at US$ 104.65 Million in 2022, projecting it to reach US$ 331.94 Million by 2030. This translates to a CAGR of approximately 15.5% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Laser Hair Removal Market report typically cover these key segments-

    • Laser Type (Alexanderite Laser, Diode Laser, Nd: YAG Laser)
    • Product Type (Multiple Standard Wavelength, Specific Standard Wavelength)
    • End User (Beauty Clinics, Dermatology Clinics, Hospitals, Home Use)

    What is the historic period, base year, and forecast period taken for Asia Pacific Laser Hair Removal Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Laser Hair Removal Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
  • Who are the major players in Asia Pacific Laser Hair Removal Market?

    The Asia Pacific Laser Hair Removal Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Alma Lasers Ltd
  • Candela Corp
  • Cutera Inc
  • Lumenis Be Ltd
  • Lutronic Co Ltd
  • Sciton Inc
  • Sinclair Pharma Ltd
  • Who should buy this report?

    The Asia Pacific Laser Hair Removal Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Laser Hair Removal Market value chain can benefit from the information contained in a comprehensive market report.