Global Hair Removal Market Projected to Touch US$1.35 bn by 2022
global hair removal market is likely to reach US$880.2 mn by 2017. Expanding at a CAGR of 9.0% over the period from 2017 to 2022
[USPRwire, Tue Dec 18 2018] In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Hair Removal Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
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The hair removal market is gaining significant momentum across the world, thanks to the increasing interest of people across the world into personal grooming. The rising beauty consciousness among consumers, globally, has fueled the demand for a number of hair removal products, such as hair removal creams, shaving razors, epilators, and wax and wax strips, reflecting positively on this market. In addition to this, the increasing popularity of the at-home hair removal techniques is projected to boost the market for hair removal solutions across the world, remarkably, in the near future.
This research study offers a decisive overview of the worldwide market for hair removal by analyzing this market thoroughly on the basis of its past performance and current status. The future market potential has also been evaluated in details to provide the readers with future projections and forecasts. The overview section also includes a qualitative assessment of the overall market, emphasizing the influencing factors and various market dynamics, such as the driving forces, challenges, market trends, opportunities, and limitations, coupled with the assessment of potential customers. In addition to this, an analysis of the market’s attractiveness, coupled with the key strategies adopted by the leading players, have been examined thoroughly in this report to explain the intensity of the competition within the market.
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This research report consists of an exhaustive executive summary and a market snapshot that provide all the important information about various segments and sub-segments studied within the scope of this research. This section also offers significant information and data regarding the global hair removal market with respect to the leading segments based on the key products available in this market, their end users, and the market’s geographical distribution. The performance of these market segments has been assessed at length on the basis of their utility, efficiency, and sales. Based on the product, the market has been bifurcated into laser based devices, energy based devices, and intense pulse light (IPL) devices. Based on the end user, the market has been classified into beauty clinics and dermatology clinics.
In terms of the region, the market has been segmented into six regions: North America (Canada and the U.S.), Latin America (Argentina, Mexico, and Brazil), the Middle East and Africa (Israel, South Africa, Turkey, and GCC countries), Asia Pacific excluding Japan (India, South Korea, China, Australia, Indonesia, and Singapore), Europe (the U.K., Germany, Italy, Spain, France, and Nordic countries), and Japan. The market revenue for all the segments have been provided here in terms of US$ Mn for the period from 2017 to 2022, together with the cumulative average growth rate (CAGR %) between 2017 and 2022.
In conclusion, the market study offers a thorough review of the key players in the global hair removal market on the basis of a number of attributes, such as the overview of the enterprise, with respect to an assessment of its financial status, brand recognition, and the business. The product portfolio, recent developments, and business strategies have also been discussed in this research report. The leading players profiled in this research study are Solta Medical Inc., Cynosure Inc., Lynton Lasers Ltd., Fotona d.d., Strata Skin Sciences Inc., Syneron Medical Ltd., Alma Lasers Ltd., Venus Concept Canada Corp., Lumenis Ltd., Lutronic Corp., Sciton Inc., and Cutera Inc.
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