How Big is the Hair Removal Market | Size & Key Players 2025

Code: MTA7422 Publication Date: Aug 2025

What is the size of Hair Removal Market?

According to 6Wresearch internal database and industry insights, the Global Hair Removal Market was estimated at USD 13.8 billion in 2024 and is projected to reach USD 21.4 billion by 2031, growing at a CAGR of 5.32% during the forecast period 2025–2031.

Due to several growth factors which are contributing in the expansion of the hair removal market which include the increasing demand for personal grooming, rising disposable incomes, and growing adoption of advanced hair removal technologies.

Key Growth Drivers of the Hair Removal Industry

  • Emphasizing the focus on personal aesthetics and hygiene across genders
  • Increasing spending on beauty and grooming products
  • Adoption of at-home hair removal devices and solutions
  • Availability of pain-free, quick, and long-lasting laser treatments
  • Growing influence of social media and celebrity beauty standards

Hair Removal Market Trends

Hair removal market is experiencing the steady growth with emerging trends such as high traction in IPL (intense pulsed light) and laser hair removal devices for both professional and home use. Market is noticed the rise in demand for gender-neutral products, sugar waxing, and organic depilatory creams. Other factors which include the subscription-based shaving kits and skincare-focused hair removal solutions are gaining popularity. Further, the salons and clinics are increasingly investing in advanced diode and alexandrite laser systems for efficient results.

Emerging Developments in the Hair Removal Market

Hair removal market is developing over the years as the in cooling and pain-reduction technologies in laser machines is expanding accessibility. The exploration is done by brands such as AI-powered skin sensors for safe at-home use and app-controlled devices. Market is introduced eco-friendly and biodegradable razors which are also gaining popularity gradually. Leading players are introducing multifunctional products combining hair removal with exfoliation and hydration features to enhance the post-treatment skincare.

List of Leading Companies in the Hair Removal Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Philips

Company NamePhilips
Established Year1891
HeadquartersAmsterdam, Netherlands
Official WebsiteClick Here

This is a global leader in personal care devices, offering IPL and electric hair removal solutions for home users.

2. Braun

Company NameBraun
Established Year1921
HeadquartersKronberg, Germany
Official WebsiteClick Here

This company manufactures a wide range of hair removal products, including IPL systems and epilators with SensoAdapt tech.

3. Veet

Company NameVeet
Established Year1922
HeadquartersSlough, United Kingdom
Official WebsiteClick Here

This is one of the leading depilatory brands known for its creams, wax strips, and innovative cold wax hair removal products.

4. Flawless by Finishing Touch

Company NameFlawless by Finishing Touch
Established Year2017
HeadquartersNew Jersey, United States
Official WebsiteClick Here

This company offers discreet facial and body hair removal tools designed for women, emphasizing portability and ease.

5. Silk’n

Company NameSilk’n
Established Year2006
HeadquartersYokneam, Israel
Official WebsiteClick Here

This company specializes in FDA-cleared home-use hair removal devices based on HPL (Home Pulsed Light) technology.

6. Tria Beauty

Company NameTria Beauty
Established Year2003
HeadquartersDublin, California, United States
Official WebsiteClick Here

This company develops professional-grade diode laser hair removal tools for home use, targeting long-term results.

7. Lumenis

Company NameLumenis
Established Year1966
HeadquartersYokneam, Israel
Official WebsiteClick Here

Lumenis is a key provider of medical laser systems used in aesthetic clinics for hair removal and skin resurfacing.

8. Nair

Company NameNair
Established Year1940
HeadquartersEwing, New Jersey, United States
Official WebsiteClick Here

This brand is one of the oldest and produces affordable hair removal creams, waxes, and sprays catering to sensitive skin and various body areas.

9. Panasonic

Company NamePanasonic
Established Year1918
HeadquartersOsaka, Japan
Official WebsiteClick Here

This manufactures electric shavers and epilators with wet-dry functionality and precision trimming attachments.

How Big is the Hair Removal Market : FAQs

The hair removal market was estimated at USD 13.8 billion in 2024 and is projected to reach USD 21.4 billion by 2031.
North America and Europe lead due to high spending on grooming and aesthetics.
Trends include home-use laser tools, eco-friendly razors, multifunctional skincare devices, and clean-label creams.
Top players of the market which include Philips, Braun, Veet, Tria Beauty, and Lumenis.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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