Global Hair Removal Industry to 2027 – Substantial Rise in Popularity of Home Hair Removal Techniques Provides Opportunities

DUBLIN, February 21, 2022–(BUSINESS WIRE)–The “Hair Removal Market Research Report by Product, By End User, By Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to from ResearchAndMarkets.com offer.

The Global Hair Removal Market Size was estimated at USD 2,871.78 Million in 2020 and is projected to reach USD 3,183.09 Million in 2021, growing at a CAGR of 11.27% to reach USD 6,065.57 Million here 2027.

Competitive Strategy Window:

The strategic competitive window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or match between its capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for vendors to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to execute further business expansion and growth. during a forecast period.

FPNV positioning matrix:

The FPNV Positioning Matrix rates and categorizes hair removal market vendors based on business strategy (business growth, industry coverage, financial viability, and channel support) and product satisfaction (ratio value for money, ease of use, product features and customer support). ) that helps companies make better decisions and better understand the competitive landscape.

Market share analysis:

The market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of ​​its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of suppliers for the reference year. It reveals the characteristics of the market in terms of accumulation, fragmentation, dominance and merger.

The report provides information about the following pointers:

1. Market Penetration: Provides comprehensive information about the market offered by major players

2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration in mature market segments

3. Market Diversification: Provides detailed information on new product launches, untapped geographies, recent developments and investments

4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of key players

5. Product Development and Innovation: Provides smart insights into future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the global hair removal market?

2. What are the inhibiting factors and impact of COVID-19 on the global hair removal market during the forecast period?

3. What are the products/segments/applications/areas to invest in during the forecast period in the global hair removal market?

4. What is the competitive strategic window for opportunities in the global hair removal market?

5. What are the technological trends and regulatory frameworks in the global hair removal market?

6. What is the market share of the major vendors in the global hair removal market?

7. What modes and strategic moves are considered suitable for entering the global hair removal market?

Market dynamics

Drivers

  • Increase disposable income and beauty awareness among people

  • Growing focus on personal grooming and aesthetic beauty

  • Easy availability of Intense Pulsed Light (IPL) devices

  • Technological developments in hair removal devices

Constraints

Opportunities

  • High demand for hair removal products and services in beauty clinics and dermatology clinics

  • Substantial increase in the popularity of home hair removal techniques among young consumers

  • Basic product services for the treatment of people with darker skin and hair

Challenges

Companies cited

  • AlmaLasers, Inc.

  • Cutera, Inc.

  • Cynosure, Inc.

  • Photo dd

  • Lumenis Ltd.

  • Lutronic Company

  • lynton lasers ltd

  • Sciton, Inc.

  • Solta Medical, Inc.

  • STRATA Skin Sciences, Inc.

  • Syneron Medical Ltd.

  • Venus Concept Canada Corp.

For more information on this report, visit https://www.researchandmarkets.com/r/rz9jpg

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220221005412/en/

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