DUBLIN–(BUSINESS WIRE)–The “Australia Facial Care Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The Australia facial care market reached a value of US$ 2.39 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 3.75 Billion by 2027, exhibiting a CAGR of 7.90% during 2022-2027.
- Beiersdorf AG
- Colgate-Palmolive Company
- Johnson & Johnson
- Kao Corporation
- L’Oreal S.A.
- Procter & Gamble
- Revlon Inc.
- The Estee Lauder Companies Inc
- Unilever PLC
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Facial care products include a wide range of skincare items that are primarily used to enhance and replenish facial skin appearance. Some of the common types of facial care products comprise of moisturizers, anti-agers, face masks, cleansers, toners, oils, serums, etc. These products offer numerous benefits in improving skin nourishment, treating acne and pigmentation, preventing UV exposure, maintaining skin health, reducing signs of aging, including fines lines, wrinkles, age spots, etc.
The growing consumer consciousness towards physical appearances, particularly among the millennial population, is primarily driving the facial care market in Australia. Additionally, the rising adoption of regular facial care regimes, along with the escalating focus on maintaining skin health, reducing pigmentation, protecting skin against pollutants, etc., is also propelling the market growth in the country. Moreover, the expanding working women population and the improving consumer living standards are further catalyzing the sales of high-quality, premium facial care products. In line with this, the increasing influence of social media trends and numerous celebrity endorsements for promoting the use of different skincare products, such as exfoliators, deep skin nourishment creams, sunscreens, skin revitalizing agents, etc., is positively influencing the regional market. Furthermore, the escalating consumer concerns towards the detrimental effects of chemical-based products are fueling the adoption of organic and natural skincare variants.
Several key players are focusing on the introduction of facial care products containing toxin-free components, such as aloe vera, essential oils, collagen, fruit extracts, gelatin, etc. Additionally, the growing prominence of skin care items with active ingredients, such as alpha-hydroxy acids, beta-hydroxy acids, retinol, etc., is acting as another significant growth-inducing factor. Besides this, the integration of various advanced technologies, such as Artificial Intelligence (AI) and Internet of Things (IoT)-enabled devices, that offer personalized skin nourishment solutions to individuals according to their skin texture is expected to drive the Australia facial care market in the coming years.
Key Questions Answered in This Report:
- How has the Australia facial care market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Australia facial care market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the ingredient?
- What is the breakup of the market based on the gender?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Australia facial care industry and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Australia Facial Care market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
7 Market Breakup by Ingredient
8 Market Breakup by Gender
9 Market Breakup by Distribution Channel
10. Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porter’s Five Forces Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/mlx9lg
The content is by Business Wire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.