Australia Hair Removal Market Research Report, Size, Share, Industry Growth, Trends and Forecast by 2022-2027
Hair removal
is an effective method of removing unwanted hair from different body parts such
as leg, face, chin, back, armpits, and bikini lines. The process uses
non-surgical and non-invasive methods to eliminate the hair without damaging
the surrounding skin. Hair removal is usually done with the help of electronic
devices, including laser, electric epilators, as well as ready-to-use wax
strips, which provide an effective and quick technique for getting rid of the
hair. It is gaining prominence among individuals owing to fashion, cultural
practices, sports, and medical reasons. Consequently, the hair removal process
is widely performed across households, beauty spas and salons, and dermatology
clinics.
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Report
Metric |
|
Historical:
2016-2021 |
|
Base Year:
2021 |
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Forecast
Year: 2022-2027 |
According to the latest report by IMARC Group, titled "Australia hair removal Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", The
Australia hair removal market reached a value of US$ 806.5 Million in 2021.
Looking forward, IMARC Group 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 and Drivers:
The
Australia hair removal market is primarily driven by the rising consciousness
regarding the maintenance of optimal aesthetic beauty. Besides this, the
growing influence of social media and celebrity endorsements for promoting hair
removal products are also propelling the demand for hair removal across the
country.
In addition,
rapid urbanization and expanding working women population are also facilitating
the market growth. In addition to this, laser hair removal is a commonly used
cosmetic procedure as it uses highly concentrated light beams while focusing on
hair follicles to destroy hair growth.
Furthermore,
technological advancements in aesthetic lasers, such as the mixing of
modalities, founded by Quanta Systems in the Thunder MT system, is anticipated
to fuel market growth in the upcoming years.
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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
Hair Removal 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.
Abbvie Inc.
(Allergan Inc.), Advanced Clinics Australia, Alma Lasers International, Braun
GmbH, Candela Corporation, Koninklijke Philips N.V., Lumenis Inc., Results
Laser Clinics, and Silk Laser Clinics.
The report has
segmented the market on the basis of region, 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
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latest primary and secondary data (2022-2027) with Cost Module, Business
Strategy, Distribution Channel, etc. Click request free sample report,
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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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