Australia Skin Care Market Size, Share, and COVID-19 Impact Analysis, By Type (Body Care, Facial Care, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Specialist Retail Stores, Convenience Stores, Online Stores, and Others), and Australia Skin Care Market Insights, Industry Trend, Forecasts to 2033.

Australia Skin Care Market Insights Forecasts to 2033

• The Australia Skin Care Market Size was estimated at USD 1.61 Billion in 2023.
• The Market Size is Growing at a CAGR of 3.54% from 2023 to 2033
• The Australia Skin Care Market Size is Expected to Reach USD 2.28 Billion By 2033

The Australia Skin Care Market Size is Expected to Reach USD 2.28 Billion By 2033, Growing at a CAGR of 3.54% from 2023 to 2033.

Market Overview

The industry that deals with the manufacturing, marketing, and distribution of goods intended to improve, preserve, and protect the skin's health and appearance is referred to as the Australia skin care market. These goods might contain a variety of items such as moisturizers, cleansers, exfoliators, sunscreens, anti-aging products, acne treatments, and other specialty skin care products. They are usually administered topically. The Australia skin care industry is expected to grow due to reasons such as consumers' increased emphasis on self-care, their choice for organic and sustainable ingredients, and a shift towards luxury and premium cosmetics. In addition, Australians are becoming more intelligent, trying out new cosmetics, and teaching customers about indigenous Australian components, which makes them more powerful and relevant. Furthermore, according to the Australian Consumer Law, companies must guarantee the safety of their products, register cosmetics made with materials acquired from abroad, and register manufacturing processes that include chemical reactions.

Report Coverage

This research report categorizes the market for the Australia skin care market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France insurance market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Australia skin care market.

Driving Factors

The Australia skin care industry is driven by skincare, which is essential for Australian consumers, who are becoming more health conscious. The market for skin care products is growing as a result of this awareness. In addition, the market grows with customers looking for goods with ingredients inspired by nature, such as high-quality botanicals and plant-inspired products with many uses. Additionally, the expansion of the professional skincare market is driven by technological advancements, which drive customers to purchase a greater variety of intricately crafted, natural, green products. Furthermore, improved quality of life and the benefits of skincare on social interaction and self-esteem are anticipated to be the primary drivers of market expansion during the forecast period.

Restraining Factors

Australia's skin care market faces significant constraints because of Australia's price-conscious consumer base, premium companies find it difficult to hold onto loyal customers, particularly when there are affordable substitutes.

Market Segmentation

The Australia skin care market share is classified into the type and distribution channel.

• The facial care segment accounted for a significant market share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the type, the Australia skin care market is divided into body care, facial care, and others. Among these, the facial care segment accounted for a significant market share in 2023 and is expected to grow at a significant CAGR during the forecast period. This segment is expanding because of the growing awareness of skincare practices, the growing desire of consumers in keeping their skin looking young and healthy, and the rise in skin disorders such as acne, pigmentation, and aging symptoms.

• The supermarkets/hypermarkets segment accounted for a significant share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the distribution channel, the Australia skin care market is divided into supermarkets/hypermarkets, specialist retail stores, convenience stores, and online stores. Among these, the supermarkets/hypermarkets segment accounted for a significant share in 2023 and is expected to grow at a significant CAGR during the forecast period. This segment is expanded because they give customers a wide range of options, hypermarkets and retail chains are among the main distribution channels for cosmetics, including hair care.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Australia skin care market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Procter and Gamble Company
• L'Oreal SA
• Unilever PLC
• Beiersdorf AG
• Shiseido Company Limited
• Clarins SA
• The Clorox Company
• Miranda Kerr Pty Ltd
• Johnson & Johnson Inc.
• The Estée Lauder Companies Inc.
• LOccitane Group
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Australia, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Australia skin care market based on the below-mentioned segments:

Australia Skin Care Market, By Type

• Body Care
• Facial Care
• Others

Australia Skin Care Market, By Distribution Channel

• Supermarkets/Hypermarkets
• Specialist Retail Stores
• Convenience Stores
• Online Stores
• Others