Australia Skin Care Supplements Market Size & Outlook
Australia skin care supplements market, 2018-2030 (US$M)
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Australia skin care supplements market highlights
- The Australia skin care supplements market generated a revenue of USD 253.2 million in 2023 and is expected to reach USD 470.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, oral supplements was the largest revenue generating product in 2023.
- Topical Supplements is the most lucrative product segment registering the fastest growth during the forecast period.
Skin care supplements market data book summary
| Market revenue in 2023 | USD 253.2 million |
| Market revenue in 2030 | USD 470.3 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Oral supplements |
| Fastest growing segment | Topical Supplements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral Supplements, Topical Supplements |
| Key market players worldwide | Alticor Corporate Enterprises, Nestle SA, Meiji Holdings Co Ltd, Unilever PLC, Johnson & Johnson, THG PLC Ordinary Share, Twinlab Consolidated Holdings Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 7.1% of the global skin care supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China skin care supplements market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 481.1 million by 2030.
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Skin Care Supplements Market Scope
Skin Care Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia skin care supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to skin care supplements market will help companies and investors design strategic landscapes.
Oral supplements was the largest segment with a revenue share of 62.2% in 2023. Horizon Databook has segmented the Australia skin care supplements market based on oral supplements, topical supplements covering the revenue growth of each sub-segment from 2018 to 2030.
The skin care supplements market in Australia is expected to grow at a robust pace over the forecast period. The increasing focus on physical appearance is expected to boost the market. The market is competitive due to the presence of various domestic and international player.
Some of the players in the market are Johnson & Johnson (Neutrogena), Blackmores, Swisse Wellness Pty Ltd, Nature’s Own, Nutra-Life, and Wagner Health. Moreover, companies operating in the industry are launching new products to enhance their presence.
For instance, in May 2021, Sukin, a natural skin care brand in Australia, introduced an age-defying skin care line, Purely Ageless, to improve hydration, diminish wrinkles, and offer firm & smooth skin. Such approaches are expected to support market competitiveness over the forecast period.
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Our clientele includes a mix of skin care supplements market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia skin care supplements market , including forecasts for subscribers. This country databook contains high-level insights into Australia skin care supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia skin care supplements market size, by product, 2018-2030 (US$M)
Australia Skin Care Supplements Market Outlook Share, 2023 & 2030 (US$M)
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