Los Angeles, December 31, 2019 - Intense pulsed light hair removal system is a thriving market due to the cosmetic benefits it provides compared to other hair removal methods. QY Research has recently published a report titled “Japan IPL (Intense Pulsed Light) Hair Removal Market Insights, Forecast to 2025” predicting the opportunities that lie in this market. According to the report, the Japan IPL (intense pulsed light) hair removal market is was worth US$36.04 mn during 2018 and is expected to reach US$70.22 mn by the end of 2025, registering a CAGR of 10% during the forecast period of 2019 to 2025.
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Demand for Safe Permanent Hair Removal to Boost the Market
IPL hair removal is used in cosmetic field to remove hair as it results in visible, intense, and broad spectrum pulse of light to remove hair from the body. The major factor fuelling the market is the demand for retarded hair growth and permanent hair removal, especially amongst the youth. Laser hair removal procedure provides better and longer results compared to other hair removal methods such as waxing or shaving. Various dermatologists recommend and practice it, which is boosting the demand. Clinical approval of the device in regards to safety and efficacy has increased its demand among various users. Approval of the device further encouraged key players to innovate it with addition of new features that would complement various skin and hair type. Advancements in technology and rising trend of hairless skin is expected to boost the demand for the market.
However, the IPL hair removal market is expected to face restraints due to shortage of skilled professionals and high cost of technology.
Ease of Using Hair Removal Device to Boost its Uptake amongst Home Users
The at home use segment is expected to flourish during the forecast period as increasing number of consumers want the ease of using a hair removal device at home rather than frequently visiting dermatologists. A low energy IPL hair removal device can be safely and effectively used at home.
Key players in the market are innovating various features to create a more effective and painless hair removal experience for the users. They are equipping at-home-use IPL hair removal machines with radio frequency to create a broader spectrum of light that would provide effective hair reduction to all skin tones and hair colours.
The key players operating in the Japan IPL (intense pulsed light) hair removal market are Philips, Panasonic, Braun, Silk’n, CosBeauty, Ya-Man, iluminage Beauty, and SmoothSkin (Cyden).
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