Labiaplasty is a surgical procedure to reduce or increase the size of your labia. The surgery can be done either to reduce any discomfort from physical activities or to improve the appearance of your labia. Your labia are the folds of skin around your vaginal opening. Two folds of skin can be found – the labia minora are the inner lips which help to protect the opening of the urethra and vaginal. The labia majora which are the larger outer lips which are covered in pubic hair and protect the external structures of the vagina.