Australian 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, Opportunities and Forecast 2022-2027” report has been added to from ResearchAndMarkets.com offer.

The Australian hair removal market reached a value of US$806.5 million in 2021. Looking ahead, the publisher expects the market to reach a value of US$1,131.8 million by 2027 growing at a CAGR of 5.90% in 2022-2027.

Hair removal market trends in Australia:

Growing consumer awareness towards physical appearances is primarily driving the hair removal market in Australia. Additionally, increasing levels of urbanization, increasing population of working women, and improved living standards of consumers are also catalyzing the need for targeted treatments, such as hair removal. Additionally, rising awareness of the numerous benefits associated with dermatology procedures, along with increasing expenditure on personal care, further augments the growth of the market.

Additionally, the rising influence of social media platforms and numerous celebrity endorsements to promote the use of hair removal products is also bolstering the regional market. Additionally, the high prevalence of metrosexual culture and the introduction of specialized hair removal solutions for the male population act as another significant growth driver.

Apart from this, several product manufacturers are launching convenient and easy-to-use automated hair removal products such as epilators, trimmers, electric shavers, etc. Additionally, the growing number of dermatology clinics in the country offering customized procedures to maximize the effectiveness of laser hair removal methods, is positively influencing the growth of the market.

In addition, the emergence of cosmetic laser treatments, coupled with the growing importance of advanced light-based technologies, such as infrared, radio frequency, 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 key trends in each sub-segment of the Australian hair removal market, as well as country and regional level forecasts from 2022 to 2027. Our report has categorized the market based on product type, the end user and sex.

Breakdown of the market by type of product:

  • Laser hair removal

  • Electric hair removal

  • Waxing

Breakdown of the market by end user:

  • Beauty clinics

  • Dermatology clinics

  • home use

Market breakdown by gender:

Market Breakdown by Region:

  • Western Australia

  • New South Wales

  • queensland

  • Victoria

  • Rest of Australia

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation

5 Australian hair removal market

6 Market Breakdown by Product Type

7 Market Breakdown by End User

8 Market Breakdown by Gender

9 Market Breakdown by Region

10 SWOT Analysis

11 Value chain analysis

12 Porter’s Five Forces Analysis

13 Competitive landscape

Companies cited

  • Abbvie inc. (Allergan Inc.)

  • Advanced Clinics Australia

  • Alma Lasers International

  • Braun GmbH

  • Candela Company

  • Koninklijke Philips NV

  • Lumenis Inc.

  • Laser Clinical Results

  • Silk laser clinics.

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