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Japan IPL (Intense Pulsed Light) Hair Removal Market:Segmented: By Application (Acne Treatment, Hair Removal, and Others); By Device Type Into: (Mobile and Fixed); and Region -Analysis of Market Size, Share & Trends for 2016 - 2019 and Forecasts to 2030
Japan IPL (Intense Pulsed Light) Hair Removal Market to surpass USD 108 million by 2030, which is valued at 39.78 million in 2019 at a compound annual growth rate of 9.50%
Intense pulsed light (IPL) system is a tool used for hair removal and several other skin problems and is used in various cosmetics and medicinal fields. This technology uses a compact or trolley mounted device with a computer-controlled flashgun to deliver powerful, visible, wide-spectrum light pulse with a spectral range of between 400 and 1200 nm. The light of the IPL system includes various chromophores and compounds that are heated and reabsorbed by the body for elimination. An intense pulsed light device is used to cure the hair and acne and other dermatological conditions including lesion treating pigment, rosacea, skin rejuvenation, sebaceous gland hyperplasia. Also, in optometry and ophthalmology, it is used. IPL can be used to control dry eye conditions due to the dysfunction of the meibomian gland.
According to the report, In Japan, the global IPL system market is driven by a high incidence of different skin conditions. Increased awareness of the attractiveness and high performance of these tools in young generations for the longer impact on hair growth are some of the major factors leading to the global demand for IPL. Moreover, the global pulsed light (IPL) system market is propelling developments in hair removal technology and skin illness treatment tools during recent years.
Japan IPL (Intense Pulsed Light) Hair Removal Market is segmented by device type into Mobile and fixed Mobile segment accounted for the highest segment growth owing to ease of use and greater flexibility. Increase in the number of household user and preference of people to use the device which is easy to carry and that can be used at different places fuels the segment growth. Mobile IPL devices are compact and can be carried to different places with ease. Fixed Devices are generally used by the commercial sector who do not have to move the device. However, the longer life of fixed devices is becoming a major factor for the growth of this segment.
Japan IPL (Intense Pulsed Light) Hair Removal Market is segmented by application into acne treatment, hair removal, and others In 2019, the hair removal segment accounted for the maximum share in the overall Japan market. This phenomenon is poised to expand as young people across Japan are becoming more conscious of attractiveness. This is also more efficient than other traditional and other methods.
Market for hair removal device
Surging demand for non-invasive hair removal procedures such as laser therapy due to its advantages as accuracy and the long-term saving of time and resources continues to increase over time. Most hair removing systems can be used at home, which in turn contributes to the high demand for non-invasive personal treatment techniques.
Reduced side effects
The availability of innovative technical device has also been instrumental in contributing to business growth. New laser devices deliver longer wavelengths of light, allowing them to concentrate only on the melanin in hair follicles. It reduces the risk of skin damage. The growth of hair removal devices on the market is anticipated through these factors over the coming years.
High cost
High product cost may prove to hinder the market growth. People prefer to visit a professional rather than buying the device due to its high cost and preventing the risk of hair damage thus limiting the market for the new product’s sale. Moreover, a lack of skilled professionals may hamper market growth.
Based on region the Japan IPL (Intense Pulsed Light) Hair Removal Market is segmented into Eastern Japan, Northern Japan, Western Japan, and Southern Japan. In Japan, the global IPL system market is driven by a high incidence of different skin conditions. Increased awareness of the attractiveness and high performance of these tools in young generations for the longer impact on hair growth are some of the major factors leading to the global demand for IPL. Moreover, the global pulsed light (IPL) system market is propelling developments in hair removal technology and skin illness treatment tools during recent years. The intensive pulsed light (IPL) systems market in Japan is powered by increasing customer interest for personal care and an increase in purchasing power that permits the customer to buy costly hair removal products and services within the region. The market was boosted by the increase in beauty awareness among women in particular. This trend is also pursued by male proportion because they are becoming more aware of grooming. These factors would fuel the demand further. The region segment can be further divided into four major types including Eastern Japan, Northern Japan, Western Japan, and Southern Japan.
The focus of the markets is on growing their share by means of mergers and acquisition. In order to broaden their market range by creating cost effectively-efficient products with improved properties, industry leaders concentrate on research and development activities. Therefore, manufacturers plan to increase their production capacity in order to meet the growing demand for goods. The key players are spread across the globe and prefer to carry out their activities through joint ventures.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
The Japan IPL (Intense Pulsed Light) Hair Removal Market size was estimated at USD 39.78 million in 2019 and is expected to reach USD 108 million by 2030
Eosika TOKUSAI AVANT BEAUTY Co., Ltd. SHINNIHON KAGAKU MFG., LTD. Guangzhou Hanai Biotechnology Co., Ltd. Shenzhen Eyco Technology Co., Ltd. Other prominent players
Hair removal segment is anticipated to hold the Japan IPL (Intense Pulsed Light) Hair Removal Market
Drivers Market for hair removal device
Intense pulsed light (IPL) system is a tool used for hair removal and several other skin problems and is used in various cosmetics and medicinal fields. This technology uses a compact or trolley mounted device with a computer-controlled flashgun to deliver powerful, visible, wide-spectrum light pulse with a spectral range of between 400 and 1200 nm.
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