Global IPL Hair Removal Device and Equipment Market Outlook 2022

Hair Removal Device and Equipment Market

The global IPL Hair Removal Device and Equipment market was valued at USD 290.9 Million in 2020 and is expected to reach USD 493.9 Million by the end of 2027, growing at a CAGR of 7.2% during 2021-2027. Key drivers of the IPL hair removal device and equipment market include growing beauty consciousness and demand for hair removal products amongst men and women. The huge demand for non-invasive hair removal techniques will further bolster the growth of the IPL hair removal device and Equipment market in the coming years. The advent of technologically advanced products will fuel the growth of the market during the forecast period.

Trends Influencing the Global Hair Removal Device and Equipment Market

Rising beauty standards

Due to the rise in urbanization and cosmopolitan living standards hair removal has become the beauty norm everywhere. Men and women are shaving off excess hair for maintaining a positive body image. A plethora of hair removal ads, social media, and visually attractive images of models with no body hair has caught the attention of women across the globe who are mimicking the same standard. Wax and spa centers are offering services both home and salon which is expected to further surge the growth of the IPL hair removal device and equipment market. 

The popularity of non-invasive hair removal procedures

Shaving, tweezing, and waxing have been the traditional methods for removing hair. However, people are now opting for long-term solutions with less painful treatment options. Laser hair removal is one of the options which provides precision, and speed and targets the affected hair follicle area making it less dense and dark. In addition to it, there is an electrolysis method where an electric current is passed through the hair follicle preventing the growth. No maintenance or aftercare is required and with zero interference of any harsh chemicals. It is versatile and is suitable for any skin color, type, hair color, etc. These factors will surge the growth of the IPL hair removal device and equipment market. 

Technological innovations

The latest laser hair removal techniques involve combining different laser wavelengths which is far superior for treating medium to fine hair. There also comes an attachable handpiece tip that enables clinicians to weed out hair from hard-to-reach areas. There are integrated cooling systems that make the procedure comfortable and protect skin from burns. Scanner enabled machines to disperse the lasers over a wide area through uniform dispersion and is helpful in larger area treatment. This will drive the growth of the IPL hair removal device and equipment market.

Hair Removal Device and Equipment Market Share Analysis

Based on type, the 201-400 USD is the largest segment at 48% of the IPL hair removal device and equipment market share and will continue to grow during the forecast period.

Based on the application, Salon and Clinics are expected to maintain a lead in the IPL hair removal device and Equipment market share during the review period as consumers prefer quick treatment sessions in clinics.

Based on region, North America is the largest market due to the presence of well-developed healthcare infrastructure and an increasing number of hair removal procedures which is followed by Europe and Asia-Pacific. 

By Price Level

• 201-400 USD
• 100-200 USD
• >400 USD

By End Use

• At-Home Use
• Salon and Clinics

By Region

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE 

By Company

• Philips
• Panasonic
• Braun
• Silk’n
• CosBeauty
• Ya-Man
• Iluminage Beauty
• SmoothSkin (Cyden)
• Remington Products.

Scope of IPL Hair Removal Device and Equipment Market Report