According to the Australia facial care market report by IMARC Group, the market reached a value of US$ 2.39 Billion in 2021, and it is projected to reach a value of US$ 3.75 Billion by 2027, exhibiting a CAGR of 7.90% during 2022-2027.
Facial care refers to various beauty practices that are primarily used by individuals to enhance or improve their overall appearance. Some of the widely available facial care items include lotions, serums, moisturizers, cleansers, creams, masks, body oils, etc. They comprise of several key ingredients, such as retinol, polyhydroxy acids, hydroxy acids, etc., that help in treating acne, protecting from UV exposure, improving skin nourishment, reducing premature signs of aging, etc.
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Australia Facial Care Market Trends and Drivers:
The rising consumer consciousness towards physical appearances, particularly among the Millennial population, is among the key factors driving the Australia facial care market. Besides this, the widespread adoption of regular facial care routines and the elevating focus on reducing pigmentation, protecting the skin against pollutants, maintaining skin health, etc., are further bolstering the market growth.
Moreover, the emerging social media trends and several celebrity endorsements are propelling the demand for skincare products, including deep skin nourishment creams, sunscreens, skin revitalizing agents, exfoliators, etc., which, in turn, is also stimulating the Australia facial care market. In addition to this, the increasing popularity of organic and natural skincare product variants, on account of the escalating consumer concerns towards the harmful effects of chemical-based products, is acting as another significant growth-inducing factor.
Furthermore, the development of various advanced technologies, including artificial intelligence (AI) and the Internet of Things (IoT)-enabled devices, that provide personalized skin nourishment solutions to individuals as per their skin texture and composition is projected to fuel the Australia facial care market in the coming years.
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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.
Facial Care Companies:
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.
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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