Blog Information
- Posted By : Vikas Chauhan
- Posted On : Apr 08, 2022
- Views : 130
- Category : General
- Description : The Australia skin treatment market reached a value of US$ 324.6 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 415 Million by 2027 exhibiting a CAGR of 4.10% during 2022-2027.
- Location : United States
Overview
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According to the latest report by IMARC Group, titled "Australia Skin Treatment Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", the Australia skin treatment market reached a value of US$ 324.6 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 415 Million by 2027 exhibiting a CAGR of 4.10% during 2022-2027.
Skin treatment refers to various cosmetic procedures employed to treat a wide range of skin problems. Some commonly used skin treatment procedures include chemical peels, laser facials, Botox, dermal fillers, microdermabrasion, and micro-needling. It is highly effective against numerous skin ailments, such as acne, melasma, hyperpigmentation, psoriasis, atopic dermatitis, and wrinkles. In recent years, skin treatment has gained immense popularity in Australia as it helps minimize effects of aging, protects against UV damage, treats acne, and enhances the overall health and appearance of the skin.Report Metric Historical: 2016-2021 Base Year: 2021 Forecast Year: 2022-2027
Australia Skin Treatment Market Trends and Drivers:
The Australia skin treatment market is primarily driven by the growing beauty consciousness, especially among the millennial population. Additionally, the widespread prevalence of various dermatological conditions due to high exposure to UV rays, pollutants, and chemical-based products has catalyzed the demand for skin treatment solutions.
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Furthermore, several key players are adopting innovative technologies, such as artificial intelligence (AI) and the Internet of Things (IoT)-enabled devices to offer personalized skin treatment solutions according to the skin texture of individuals. Along with this, the launch of organic and natural skincare products and vegan-certified skin treatments has propelled the market growth.
Other factors, including the expanding working population, increasing social media influence, rising disposable incomes, rapid urbanization, and numerous celebrity endorsements, are also anticipated to drive the market further.
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 Skin Treatment 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.
Australian Skin Clinics, Beiersdorf AG, Blânche Beauty, Comfortel, DermapenWorld, Ekseption Peels, PMD Beauty, SkinMed Australia, The Global Beauty Group, and The Skincare Company.
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The report has segmented the market on the basis of region, product type, gender, application and end user
Market Breakup by Product Type:- Chemical Peels
- Microdermabrasion
- Micro Needling Treatments
- Traditional Beauty Treatments
Market Breakup by Gender:- Male
- Female
Market Breakup by Application:- Acne
- Atopic Dermatitis
- Hyperpigmentation
- Psoriasis
- Deep Wrinkles
- Freckles
- Melasma
- Others
Market Breakup by End User:- Clinics and Hospitals
- Medical Spas and Salons
- At-home
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)
- 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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