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Australia Facial Care Market Report 2024, Industry Trends, Share, Growth and Forecast Till 2032

02-08-2024 07:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Australia Facial Care Market Report 2024, Industry Trends,

IMARC Group, a leading market research company, has recently releases report titled "Australia Facial Care Market Report by Product Type (Facial Cleansers, Moisturizers, Anti-Agers, Skincare Sets, Face Masks, and Others), Ingredient (Chemical, Natural), Gender (Male, Female, Unisex), Distribution Channel (Supermarkets and Hypermarkets, Beauty Parlors and Salons, Multi Branded Retail Stores, Online, Exclusive Retail Stores, and Others), and Region 2024-2032". The Australia facial care market size reached US$ 2.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5 Billion by 2032, exhibiting a growth rate (CAGR) of 6.2% during 2024-2032.

Factors Affecting the Growth of Australia Facial Care Industry:

Increasing Awareness about Skincare:

One of the primary drivers of the facial care market in Australia is the growing awareness about skincare and the importance of maintaining healthy and youthful-looking skin. Consumers are becoming more conscious of the impact of environmental factors, such as UV radiation and pollution, on their skin. This heightened awareness has led to an increased demand for skincare products that offer protection, hydration, and anti-aging benefits. Consumers are also educating themselves about various skincare ingredients and their benefits. They are seeking products with natural and organic ingredients, as well as those that cater to specific skin concerns, such as acne, aging, or sensitivity. This trend is driving innovation in the industry, with brands continually introducing new products to meet these evolving consumer preferences.

Influence of Social Media and Celebrity Endorsements:

The influence of social media and celebrity endorsements is another significant driver of the facial care market in Australia. Platforms, such as Instagram, YouTube, and TikTok have become powerful tools for beauty influencers and celebrities to showcase their skincare routines and promote products. As a result, consumers are exposed to a wide range of facial care products and are often influenced by their favorite personalities. Consumers trust recommendations from individuals they admire, which has led to a rise in product sales driven by these influencers. Brands are collaborating with social media influencers and celebrities to gain visibility and credibility. This trend has also increased the demand for transparency in product claims and ingredients, as consumers are more discerning and informed about what they use on their skin.

Health and Wellness Lifestyle:

The pursuit of a health and wellness lifestyle is driving the facial care market in Australia. Consumers are adopting holistic approaches to self-care, viewing skincare as an essential part of their overall well-being. This mindset shift has led to the popularity of clean beauty and wellness-inspired skincare products. Consumers are seeking facial care products that align with their values, such as sustainability, cruelty-free practices, and eco-friendliness. They are also incorporating skincare routines into their daily rituals, emphasizing the importance of self-care and mental health. This shift toward a more holistic approach to skincare is reflected in the demand for products that offer physical benefits but also emotional well-being.

Leading Companies Operating in the Australia Facial Care Industry:

Beiersdorf AG
Colgate-Palmolive Company
Johnson & Johnson
Kao Corporation
L'Oreal S.A.
Procter & Gamble
Revlon Inc.
The Estee Lauder Companies Inc
Unilever PLC

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/australia-facial-care-market/requestsample

Australia Facial Care Market Report Segmentation:

By Product Type:

Facial Cleansers
Moisturizers
Anti-Agers
Skincare Sets
Face Masks
Others

Facial cleansers dominate the market due to their fundamental role in daily skincare routines and the universal need for effective cleansing to maintain healthy skin.

By Ingredient:

Chemical
Natural

Chemical holds maximum number of shares due to its versatile applications and effectiveness in skincare products, offering a wide range of formulations to address various skin concerns.

By Gender:

Male
Female
Unisex

Based on the gender, the market has been segregated into male, female, and unisex.

By Distribution Channel:

Supermarkets and Hypermarkets
Beauty Parlors and Salons
Multi Branded Retail Stores
Online
Exclusive Retail Stores
Others

On the basis of the distribution channel, the market has been categorized into supermarkets and hypermarkets, beauty parlors and salons, multi branded retail stores, online, exclusive retail stores, and others.

Regional Insights:

Western Australia
New South Wales
Queensland
Victoria
Rest of Australia

New south Wales' dominance in the Australia facial care market is attributed to its high population density and strong economic activity, making it a significant hub for consumer demand and market growth.

Explore the full report with table of contents: https://www.imarcgroup.com/australia-facial-care-market

Australia Facial Care Market Trends:

Australia similar to numerous developed countries, has an aging population. This demographic shift has led to a higher demand for anti-aging skincare products. As individuals age, they become more concerned about maintaining youthful and healthy skin. This has resulted in a growing market for products such as anti-wrinkle creams, serums, and treatments that target specific age-related skin concerns. Brands are innovating to cater to this demographic by developing products with advanced formulations and scientifically proven anti-aging ingredients. Additionally, the rise of online retail and e-commerce platforms has significantly impacted the facial care market in Australia. Consumers are increasingly shopping for skincare products online due to convenience, wider product selections, and the ability to compare prices and read reviews. The ease of online shopping has accelerated market accessibility, especially for niche and specialty skincare brands. This trend has also given rise to direct-to-consumer (DTC) skincare brands that leverage digital marketing and social media to reach their target audience effectively.

Note: 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.

Browse Other Related Reports:

https://www.imarcgroup.com/report/ja/artifical-intelligence-market
https://www.imarcgroup.com/report/ja/artificial-intelligence-in-life-sciences-market
https://www.imarcgroup.com/report/ja/artificial-turf-market
https://www.imarcgroup.com/report/ja/air-freight-market
https://www.imarcgroup.com/report/ja/automotive-lighting-market
https://www.imarcgroup.com/report/ja/b2b-payments-market

Contact Us:

IMARC Group
Street: Morgan Park QLD 4370
City/Town: Warwick
State/Province/Region: Queensland
Country: Australia
Zip/Postal Code: 4370
Email: sales@imarcgroup.com
Phone Number: +1-631-791-1145

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.

IMARCs 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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