Australia Hair Removal Market Share, Trends, Growth and Forecast 2024-2032

  2. by mohitsingh
  3. July 26, 2024

Australia Hair Removal Market

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Size in 2024: USD 906.2 Million

Market Size in 2032: USD 1,410.6 Million

Market Growth Rate: 4.89% (2024-2032)

The Australia Hair Removal Market is experiencing significant growth, driven by consumer preferences for convenience and time-saving solutions. The Australia hair removal market size reached USD 906.2 Million in 2023. Looking forward, IMARC Group expects the market to reach USD 1,410.6 Million by 2032, exhibiting a growth rate (CAGR) of 4.89% during 2024-2032.

Growth Factors in the Australia Hair Removal Market

  • Consumer Awareness and Aesthetic Standards:
    • Increasing consumer consciousness about personal grooming and aesthetic standards is driving market growth.
    • Rising disposable incomes contribute to greater investment in hair removal products and services.
    • Influence from social media and beauty trends boosts market expansion.
  • Shift Towards Advanced Solutions:
    • Traditional methods like shaving and waxing remain popular.
    • Growing preference for advanced and long-lasting solutions, such as laser hair removal and IPL (intense pulsed light) treatments.
    • Appeal of convenience and efficacy, offering smoother skin for longer periods, especially attractive to busy consumers.
  • Technological Advancements and Innovation:
    • Significant trends include advancements in hair removal technologies.
    • Popularity of at-home devices, such as IPL and laser hair removal kits, due to their affordability and convenience compared to salon treatments.
    • Growing demand for products with added benefits, like moisturizing and skin-soothing properties.
  • Sustainability and Eco-Friendly Products:
    • Rising consumer preference for eco-friendly and sustainable products.
    • Increased interest in reusable razors and organic waxing kits.
  • Expansion in Male Grooming:
    • Increasing acceptance of grooming practices among men.
    • Growing adoption of hair removal by men expected to drive market growth in the coming years.

Download sample copy of the Report: https://www.imarcgroup.com/australia-hair-removal-market/requestsample

Australia Hair Care Industry Segmentation:

The report has segmented the market into the following categories:

Product Type Insights:

  • Laser Hair Removal
  • Electrical Epilation
  • Waxing

End User Insights:

  • Beauty Clinics
  • Dermatology Clinics
  • Home Use

Gender Insights:

  • Men
  • Women

Regional Insights:

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

Request for customization: https://www.imarcgroup.com/request?type=report&id=5027&flag=E

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

  • 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 highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: 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.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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