IMARC Group, a leading market research company, has recently releases report titled “Australia Skin Treatment Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”. The Australia skin treatment market size reached US$ 338.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 431.3 Million by 2028, exhibiting a growth rate (CAGR) of 4% during 2023-2028.
Factors Affecting the Growth of Australia Skin Treatment Industry:
- Increasing Awareness about Skin Health:
One significant factor driving the growth of the skin treatment market in Australia is the increasing awareness about skin health among the population. Australians have become more conscious of the importance of maintaining healthy skin due to various factors such as media influence, educational campaigns, and a desire for a youthful appearance. The proliferation of information through the internet and social media has played a pivotal role in educating individuals about the significance of skincare routines, leading to a higher demand for skin treatment products and services. With this heightened awareness, consumers are actively seeking out products and treatments that address their specific skin concerns, such as acne, aging, and pigmentation. This trend has given rise to a diverse range of skincare products, from natural and organic options to technologically advanced treatments such as laser therapy and chemical peels. As a result, businesses offering skin treatments have witnessed substantial growth in demand, thereby boosting the overall skin treatment market in Australia.
- Aging Population and Anti-Aging Solutions:
Australia is experiencing a demographic shift with an aging population. As individuals age, there is an increased interest in anti-aging solutions and products to maintain youthful-looking skin. This demographic trend has created a robust market for anti-aging skincare products and treatments. Individuals are willing to invest in products containing ingredients such as retinol, hyaluronic acid, and peptides, as well as procedures such as dermal fillers, and Botox, to combat the visible signs of aging. Moreover, the desire to stay active and engage in a healthier lifestyle well into old age has also contributed to the demand for skin treatments. With an older population wanting to look and feel their best, the Australian skincare industry has responded with innovative and effective anti-aging solutions. This factor has become a driving force behind the growth of the skin treatment market.
- Environmental Factors and Skin Concerns:
Environmental factors, including increased exposure to UV radiation, pollution, and harsh climatic conditions, have led to an upsurge in various skin concerns among Australians. Skin conditions such as sun damage, skin cancer, and sensitivity have become prevalent, necessitating specialized treatments and skincare products. Australians, who are well-aware of the high UV index of the country, are increasingly seeking protective measures such as sunscreen, sunblock clothing, and regular skin check-ups. This has fueled the demand for products with sun protection properties and dermatological services, driving growth in the market. Additionally, concerns about pollution-induced skin damage have led to the development of detoxifying skincare products and treatments, further stimulating the skin treatment market.
Leading Companies Operating in the Australia Skin Treatment Industry:
- Australian Skin Clinics
- Beiersdorf AG
- Blânche Beauty
- Ekseption Peels
- PMD Beauty
- SkinMed Australia
- The Global Beauty Group
- The Skincare Company
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/australia-skin-treatment-market/requestsample
Australia Skin Treatment Market Report Segmentation:
By Product Type:
- Chemical Peels
- Micro Needling Treatments
- Traditional Beauty Treatments
Chemical pees dominate the market due to their effectiveness in addressing a wide range of skin concerns, including acne, pigmentation, and aging, making them a popular choice among consumers seeking non-invasive yet highly impactful skincare treatments.
Based on the gender the market has been divided into male and female.
- Atopic Dermatitis
- Deep Wrinkles
On the basis of the application, the market has been segmented into acne, atopic dermatitis, hyperpigmentation, psoriasis, deep wrinkles, freckles, melasma, and others.
By End User:
- Clinics and Hospitals
- Medical Spas and Salons
Based on the end user, the market has been categorized into clinics and hospitals, medical spas and salons, and at-home.
- Western Australia
- New South Wales
- Rest of Australia
Region-wise, the market has been classified into Western Australia, New South Wales, Queensland, Victoria, and Rest of Australia.
Australia Skin Treatment Market Trends:
Australia is known for its diverse population, with individuals from various ethnic backgrounds. This cultural diversity has led to a demand for specialized skin treatments tailored to different skin types and tones. Consumers are seeking treatments and products that cater to their unique skincare needs, such as those suitable for darker skin tones or specific ethnicities. This has driven the market to offer a broader range of products and services, including specialized laser treatments, chemical peels, and skincare lines designed to address the distinct concerns of different ethnic groups. Additionally, in recent years, there has been a noticeable shift in consumer preferences toward natural and organic skincare products. Australians are becoming increasingly conscious of the ingredients they apply to their skin and the environmental impact of their choices. This has led to a rise in demand for skincare products that are free from harmful chemicals, synthetic fragrances, and parabens. The market has responded by offering a variety of natural and organic options, including cleansers, moisturizers, and serums, to cater to this growing segment of eco-conscious consumers.
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