At 11.4% CAGR, the Middle East & Africa Laser Hair Removal Market is projected to be worth US$ 68.10 million by 2030, says Business Market Insights

According to Business Market Insights research, the Middle East & Africa laser hair removal market was valued at US$ 28.81 million in 2022 and is expected to reach US$ 68.10 million by 2030, registering a CAGR of 11.4% from 2022 to 2030. Increasing number of hair removal procedures and combination of different modalities are among the critical factors attributed to the Middle East & Africa laser hair removal market expansion.

In the past, waxing was introduced as a replacement for depilatory methods such as shaving and tweezing. The wax that was often regarded as the safest has now been rendered obsolete by cutting-edge laser hair removal technology. Several medical establishments in various countries in the world are embracing this semipermanent hair removal approach, and many facilities operate by employing a group of specialists with combined expertise in providing cosmetic treatments, including laser hair removal. Laser hair removal treatments have improved significantly. With these enhancements, more efficient and faster systems have been introduced, ensuring a less painful experience due to features such as mini blasts of cryogen spray before each pulse to cool and numb and integrated chilled tips. Therefore, the increasing number of hair removal procedures propels the growth of the laser hair removal market globally.

On the contrary, side effects of laser hair removal procedures hamper the Middle East & Africa laser hair removal market.

Based on laser type, the Middle East & Africa laser hair removal market is segmented into alexanderite laser, diode laser, Nd: YAG laser, and others. The diode laser segment held 45.3% share of Middle East & Africa laser hair removal market in 2022, amassing US$ 13.05 million. It is projected to garner US$ 33.31 million by 2030 to expand at 12.4% CAGR during 2022-2030.

Based on product type, the Middle East & Africa laser hair removal market is bifurcated into multiple standard wavelength and specific standard wavelength. The multiple standard wavelength segment held 61.6% share of Middle East & Africa laser hair removal market in 2022, amassing US$ 17.76 million. It is projected to garner US$ 43.23 million by 2030 to expand at 11.8% CAGR during 2022-2030.

Based on end user, the Middle East & Africa laser hair removal market is segmented into beauty clinics, dermatology clinics, hospitals, and home use. The beauty clinics segment held 45.2% share of Middle East & Africa laser hair removal market in 2022, amassing US$ 13.02 million. It is projected to garner US$ 33.06 million by 2030 to expand at 12.4% CAGR during 2022-2030.

Based on country, the Middle East & Africa laser hair removal market has been categorized into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 31.5% share of Middle East & Africa laser hair removal market in 2022. It was assessed at US$ 9.08 million in 2022 and is likely to hit US$ 22.84 million by 2030, exhibiting a CAGR of 12.2% during 2022-2030.

Key players operating in the Middle East & Africa laser hair removal market are Alma Lasers Ltd, Candela Corp, Lumenis Be Ltd, Lutronic Co Ltd, and Sinclair Pharma Ltd, among others.

In January 2021, Candela Corporation collaborated with Merz Aesthetics to offer a comprehensive range of medical aesthetics products, which is among the most extensive in the world. The collaboration commenced in North America and gradually expanded to other regions. It brought together the expertise of a renowned esthetics business and a leading esthetic device company. The collaboration will also provide customers with convenient customer service and training.


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