According to the latest report by IMARC Group, titled "Global Australia Facial Care Market 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.
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Report
Metric |
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Historical:
2016-2021 |
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Base Year:
2021 |
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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:
Competitive
Landscape:
The
competitive landscape of the market has been studied in the report with the
detailed profiles of the key players operating in the market.
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
· Moisturizers
· Anti-Agers
· Skincare
Sets
· Face
Masks
· Others
Market Breakup by
Ingredient:
· Chemical
· Natural
Market Breakup
by Gender:
· Male
· Female
· Unisex
Market Breakup
by Distribution Channel:
· Supermarkets
and Hypermarkets
· Beauty
Parlors and Salons
· Multi
Branded Retail Stores
· Online
· Exclusive
Retail Stores
· Others
Market Breakup by
Region
· Western
Australia
· New
South Wales
· Queensland
· Victoria
· Rest
of Australia
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latest primary and secondary data (2022-2027) with Cost Module, Business
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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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company’s expertise.
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