Categories: Wire Stories

Australia Hair Removal Market to Reach $1.13 Billion by 2027 at a CAGR of 5.9% – ResearchAndMarkets.com

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 publisher expects the market to reach a value of US$ 1,131.8 Million by 2027 exhibiting a CAGR of 5.90% during 2022-2027.

Australia Hair Removal Market Trends:

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:

The publisher 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. Our report has categorized the market based on product type, end user and gender.

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

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Australia Hair Removal Market

6 Market Breakup by Product Type

7 Market Breakup by End User

8 Market Breakup by Gender

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porter’s Five Forces Analysis

13 Competitive Landscape

Companies Mentioned

  • 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.

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

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Laura Wood, Senior Press Manager

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Alex

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