DUBLIN--(BUSINESS WIRE)--The "Australia Hair Removal Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The Australia hair removal market reached a value of US$ 806.5 million in 2021. Looking forward, the market is projected to reach a value of US$ 1,131.8 million by 2027 exhibiting a CAGR of 5.9% during 2022-2027.

Keeping in mind the uncertainties of COVID-19, we 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.

The rising consumer consciousness towards physical appearances is primarily driving the hair removal market in Australia. Moreover, elevating levels of urbanization, expanding working women population, and improving consumer living standards are also catalyzing the need for targeted treatments, such as hair removal. Additionally, the growing awareness towards numerous associated benefits of dermatology procedures, along with increasing expenditures on personal grooming, are further augmenting the market growth. Besides this, the rising influence of social media platforms and numerous celebrity endorsements for promoting the use of hair removal products is also bolstering the regional market.

Moreover, the high prevalence of metrosexual culture and introduction of specialized hair removal solutions for male population are acting as another significant growth-inducing factors. Apart from this, several product manufacturers are launching convenient and easy-to-use automated hair removal products, such as epilators, trimmers, electric razors, etc. Additionally, the increasing number of dermatology clinics in the country offering personalized procedures to maximize the effectiveness of laser hair removal methods, is positively influencing the market growth.

Besides this, the emergence of cosmetic laser treatments, coupled with the growing prominence of advanced light-based technologies, such as infrared, radiofrequency, intense pulsed light (IPL), etc., will continue to drive the hair removal market in Australia over the coming years.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the Australia hair removal market, along with forecasts at the country and regional level from 2022-2027. The report has categorized the market based on product type, end-user, gender and region.

Market Breakup by Product Type

• Laser Hair Removal
• Electrical Epilation
• Waxing

Market Breakup by End-user

• Beauty Clinics
• Dermatology Clinics
• Home Use

Market Breakup by Gender

• Men
• Women

Market Breakup by Region

• Western Australia
• New South Wales
• Queensland
• Victoria
• Rest of Australia

Competitive Landscape

The competitive landscape of the industry has also been examined with some of the key players being:

• Abbvie Inc. (Allergan Inc.)
• Advanced Clinics Australia
• Alma Lasers International
• Braun GmbH
• Candela Corporation
• Koninklijke Philips N.V.
• Lumenis Inc.
• Results Laser Clinics
• Silk Laser Clinics

Key Questions Answered in this Report

• How has the Australia hair removal market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Australia hair removal 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 end user?
• What is the breakup of the market based on the gender?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the market?
• What is the structure of the Australia hair removal market and who are the key players?
• What is the degree of competition in the market?

For more information about this report visit https://www.researchandmarkets.com/r/3m7tp3

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