By 2031, the laser hair removal market is expected to reach $2.10 billion, with a projected CAGR of 9.8% during the forecast period. Several factors are fueling this growth, including the increasing rate of hormonal disorders contributing to excessive hair growth, the rising preference for non-surgical cosmetic treatments, and technological innovations in laser systems. Additionally, increasing consumer spending on aesthetic services is further propelling market demand. Nevertheless, the high cost of laser hair removal devices and the availability of alternative hair removal solutions are factors that could impede the market’s growth trajectory.
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