Australia Facial Care Market 2022-2027 | Demand, Trends, Opportunities, Challenges, Risks Factors Analysis
According to the latest report by IMARC Group, titled “Australia Facial Care Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,”the Australia facial care market size 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.
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
Australia Facial Care Market Overview:
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:
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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Competitive Landscape With Key Players:
The competitive landscape of the Australia facial care market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market 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.
List of Major Key Players:
- Beiersdorf AG
- Colgate-Palmolive Company
- Johnson & Johnson
- Kao Corporation
- L'Oreal S.A.
- Procter & Gamble
- Revlon Inc.
- The Estee Lauder Companies Inc
- 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
• 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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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com
