Australia Hair Removal Market Size, Share, Growth, Trends, Forecast and Analysis of Key players 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.
Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
According to the latest report by IMARC Group, "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:
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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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the top key players operating in the industry.
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
Market 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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