Laser Hair Removal Market Expected to Reach $7.7 Billion by 2035

According to a new report published by Allied Market Research, titled, “Laser Hair Removal Market," The laser hair removal market size was valued at $1 billion in 2023, and is estimated to reach $7.7 billion by 2035, growing at a CAGR of 18.3% from 2025 to 2035.

Laser hair removal is a popular cosmetic procedure designed to provide a long-lasting solution for unwanted hair. It works by using concentrated beams of light (lasers) that target the pigment (melanin) in hair follicles. The heat generated by the laser destroys the follicles, inhibiting future hair growth. This treatment is effective for a wide range of skin types and hair colors, though it is generally most effective on individuals with lighter skin and darker hair due to the contrast that helps the laser target the follicles more precisely. Commonly treated areas include the face, legs, arms, underarms, back, chest, and pubic area. Laser hair removal offers several benefits, including reduced reliance on temporary hair removal methods like shaving, waxing, or plucking. Additionally, it can lead to smoother skin and fewer ingrown hairs.

According to laser hair removal market opportunity analysis the major factors driving the growth of the market are increasing influence of social media and beauty trends, growing demand in emerging markets, and growing adoption of laser hair removal method. The increasing influence of social media and beauty trends has significantly contributed to the growth of the laser hair removal market. Social media platforms, with their global reach and visual appeal, have become a powerful medium for showcasing beauty standards and grooming practices. According to 2024 article by National Library of Medicine, social media platforms like Instagram and Snapchat significantly influence motivations for aesthetic surgery by promoting idealized and digitally enhanced images.

Additionally, the growing demand for minimally invasive aesthetic treatments aligns with modern beauty trends that emphasize long-lasting results and minimal downtime. Social media's role in creating awareness and normalizing aesthetic treatments procedures has led to a surge in consumer interest, particularly among younger demographics who are heavily influenced by online trends. Thus, the rising impact of social media on beuty trends is expected to drive the growth of laser hair removal market size

The growing demand in emerging markets is a significant driver for the laser hair removal market growth. As disposable incomes rise and access to advanced healthcare technologies improves, consumers in these regions are increasingly opting for non-invasive cosmetic procedures like laser hair removal. The increasing influence of global beauty trends, particularly the desire for smooth, hair-free skin, further fuels this laser hair removal market growth.

According to laser hair removal market trends analysis as people in emerging markets become more aware of the benefits of laser hair removal, such as long-lasting results and reduced maintenance compared to traditional hair removal methods, the market is witnessing heightened interest. The expanding middle class, coupled with the growing acceptance of aesthetic treatments, plays a pivotal role in fostering the market's growth. Additionally, with an increase in medical tourism, patients from these regions are traveling to countries with established laser hair removal services, thereby further boosting the growth of laser hair removal industry

The growing adoption of laser hair removal is a significant factor driving the growth of the laser hair removal market. This method offers numerous advantages over traditional hair removal techniques such as shaving, waxing, and plucking, leading to its increased popularity. One of the primary benefits is its ability to provide long-lasting results. Laser hair removal targets hair follicles with concentrated light, reducing hair growth over time and offering a more permanent solution compared to temporary methods. This convenience appeals to individuals seeking a hassle-free, long-term solution to unwanted hair. Additionally, the procedure is relatively safe, with minimal discomfort and quick recovery times, further boosting its adoption. As people become more conscious of personal grooming and appearance, the demand for effective, time-efficient hair removal solutions rises, contributing to the market growth.

The global laser hair removal industry is segmented on the basis of type, gender, age group, end user, and region. On the basis of type, the market is segmented into alexandrite laser hair removal, diode laser hair removal and others. The others include ruby laser hair removal, and Nd:YAG system. By gender, the market is bifurcated into male and female segment. On the basis of age group, the market is divided into 13 to 29 years, 30 to 54 years, and 55 to 69 years. On the basis of end user, the market is segmented into hospitals, clinic and others. The others segment includes beauty salon and at home. Region-wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and Rest of LAMEA).

On the basis of type, the alexandrite laser hair removal segment dominated laser hair removal market share in 2023. This is attributed to the fact that alexandrite laser hair removal is highly effective in targeting the melanin in hair follicles, ensuring efficient and precise hair removal, particularly for individuals with lighter skin tones and dark hair

On the basis of gender, the female segment was the major revenue contributor in 2023. This is attributed to growing preference among women for long-lasting and effective hair removal solutions. Societal beauty standards and the desire for smooth, hair-free skin on areas such as the legs, arms, underarms, and face have significantly driven the demand for laser hair removal services among women.

On the basis of age group, the 30-54 years segment was the major revenue contributor in 2023. This is attributed to the high demand for cosmetic procedures among individuals in 30-54 years age bracket who seek long-lasting grooming solutions and aesthetic enhancements. People within 30-54 years age group often have greater disposable income and are more likely to invest in premium services like laser hair removal to maintain their appearance and meet personal grooming goals.

On the basis of end user, the clinics segment was the highest revenue contributor in 2023. Clinics dominate this segment because they are highly specialized in providing cosmetic and dermatological procedures, including laser hair removal. These facilities often invest in advanced laser technologies, such as Alexandrite, Diode, or Nd:YAG lasers, ensuring effective and safe treatments tailored to different skin and hair types.   

On the basis of region, North America accounted for a majority of the laser hair removal market share in 2023 and is anticipated to remain dominant during the forecast period. This is attributed to strong presence of key players, well developed healthcare infrastructure, and growing impact of social media on beauty standards. However, according to laser hair removal market forecast analysis Asia-Pacific is anticipated to witness the fastest growth during the forecast period, owing to rise in disposable income, growing awareness about laser hair removal treatment and developing healthcare infrastructure.

Key findings of the study

• By type, the alexandrite laser hair removal segment was the highest contributor to the market in 2023.
• By type of gender, the female segment was the highest contributor to the market in 2023.
• By age group, 30-54 years segment was the highest contributor to the market in 2023.
• By end user, the clinics segment dominated the market in 2023, and is expected to continue this trend during the forecast period.
• By region, North America garnered the largest revenue share in 2023. However, Asia-Pacific is expected to grow at the fastest rate during the forecast period