According to the latest report by IMARC Group, titled “Australia Skin Treatment Market Report, Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the Australia facial care market reached a value of US$ 2.39 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.75 Billion by 2027, exhibiting a CAGR of 7.90% during 2022-2027.
Facial care refers to a range of beauty practices that are primarily utilized by individuals to enhance and improve their overall appearance. Some of the commonly available facial care products include lotions, masks, serums, moisturizers, cleansers, creams, body oils, etc. These items comprise of several key ingredients, such as hydroxy acids, retinol, polyhydroxy acids, etc., that aid in treating acne, improving skin nourishment, protecting from UV exposure, reducing premature signs of aging, etc.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Australia Facial Care Market Trends and Drivers:
The rising consciousness towards physical appearances, particularly among the Millennial population, is primarily driving the Australia facial care market. Moreover, the widespread adoption of regular facial care regimes or routines and the growing focus on reducing pigmentation, maintaining skin health, protecting the skin against pollutants, etc., are further catalyzing the market growth.
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Besides this, the emerging social media trends and numerous celebrity endorsements are inflating the demand for skincare products, such as deep skin nourishment creams, exfoliators, sunscreens, skin revitalizing agents, etc., which, in turn, is also augmenting the Australia facial care market. Additionally, the increasing popularity of organic and natural skincare variants, on account of the elevating consumer concerns towards the harmful effects of chemical-based products, is acting as another significant growth-inducing factor.
Apart from this, the development of various advanced technologies, including artificial intelligence (AI) and the Internet of Things (IoT)-enabled devices that offer personalized skin nourishment solutions to individuals according to their skin texture and composition, is anticipated to fuel the Australia facial care market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Australia Facial Care Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Beiersdorf AG, Colgate-Palmolive Company, Johnson & Johnson, Kao Corporation, L’Oreal S.A., Procter & Gamble, Revlon Inc., The Estee Lauder Companies Inc, and Unilever PLC.
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The report has segmented the market on the basis of region, product type, ingredient, gender and distribution channel.
Market Breakup by Product Type
- Facial Cleansers
- Skincare Sets
- Face Masks
Market Breakup by Ingredient:
Market Breakup by Gender:
Market Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Beauty Parlors and Salons
- Multi Branded Retail Stores
- Exclusive Retail Stores
Market Breakup by Region
- Western Australia
- New South Wales
- Rest of Australia
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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