Australia Facial Injectables Market Size, Global Report,2024-2032
Australia Facial Injectables Market Size, Share, Global Analysis Report, 2024-2032

Australia Facial Injectables Market Share, Size, Trends, Industry Analysis Report, By Procedure Type, By Application (Aesthetics, Therapeutics), And Segment Forecasts, 2024 - 2032

  • Published Date:Jan-2024
  • Pages: 115
  • Format: PDF
  • Report ID: PM4330
  • Base Year: 2023
  • Historical Data: 2019 – 2022

Report Outlook

Australia facial injectable market size was valued at USD 2.46 billion in 2023. The market is anticipated to grow from USD 3.05 billion in 2024 to USD 17.36 billion by 2032, exhibiting a CAGR of 24.3% during the forecast period.

Market Overview

The market is undergoing significant transformation due to evolving customer preferences, particularly driven by the substantial impact of social media on consumer choices. The pervasive influence of platforms like Instagram and YouTube has heightened public awareness, particularly in the realm of anti-aging products. Consequently, market participants are compelled to prioritize the development and provision of cutting-edge and effective products and services to meet the shifting demands. A key driver in this evolving landscape is the escalating demand for anti-aging skincare products. This demand is expected to persist and grow, especially as the millennial generation ages. As this demographic segment matures, there is a natural progression in the demand for skincare solutions that address aging concerns.

  • According to the International Society of Aesthetic Plastic Surgery (ISAPS), 2021 witnessed a total of 10,129,528 cosmetic surgical procedures. The leading non-surgical procedures in 2021 comprised calcium hydroxylapatite (222,785), poly-L-lactic acid (121,087), as well as botulinum toxin & hyaluronic acid.

Australia's facial injectable market is experiencing a notable surge in growth, fueled by consumer preferences for discreet and effective solutions in the realm of aesthetics. Several factors contribute to this rapid expansion, including technological advancements, increasing awareness among consumers, and the evolving standards of beauty. The growing awareness of facial injectables and their potential benefits has contributed to the increasing popularity of these cosmetic injectables treatments. Consumers are seeking ways to address aging concerns and enhance their appearance discreetly, and facial injectables provide a viable solution.

Australia Facial Injectables Market Size

To Understand More About this Research: Request a Free Sample Report

Moreover, technological advancements in the beauty sector have played a pivotal role in shaping the market. These advancements have given rise to numerous methods and services for aesthetic enhancement. From innovative formulations of skin care products to state-of-the-art procedures, technology has expanded the array of options available in the beauty industry. This intersection of technological progress and consumer demand has led to the emergence of diverse solutions, contributing to the dynamic landscape of the facial injectables market.

Growth Factors

  • Rise in establishments of MediSpas in Australia. 

The thriving success of Medispas, which offers a blend of medical and spa-like services, is indicative of the demand for dermal wellness procedures. This market trends is closely linked to the increasing emphasis on both medical competence and a holistic approach to skincare. The demand for highly qualified dermal clinicians reflects the need for expertise in administering these procedures safely and effectively. To stay competitive in this dynamic market, beauty and wellness businesses are adopting strategies such as leveraging technology, providing customized services, offering a diverse menu of cosmetic injectables treatments, and exploring multiple revenue sources. Additionally, sustainability has become a key consideration for consumers, prompting businesses to integrate eco-friendly practices into their operations.

  • Advancements in facial injectables

The popularity and widespread acceptance of facial injectables have significantly surged, and this market trends can be attributed to the growing acceptance and utilization of injectable cosmeceuticals, particularly among the baby boomer generation. This demographic shift has fostered an increasing desire for non-surgical aesthetic enhancement options. Facial injectables play a crucial role in anti-aging treatments, addressing various cosmetic concerns associated with aging skin. They are commonly employed to mitigate damages such as hyperpigmentation and early signs of aging. These injectable cosmeceuticals typically include substances like dermal fillers and neuromodulators.

Facial Injectable

Restraining Factors

  • Associated side effects  

Facial fillers acquired from online sources may consist of nonsterile substances, including unconventional materials like hair gel. When administered through injections, these substances pose serious risks, such as allergic reactions, infections, and the potential death of skin cells. Additionally, improper injection techniques not only result in common issues like swelling and lumpiness but also carry more severe consequences, such as skin cell death and embolism, which can lead to blindness.

Report Segmentation

The market is primarily segmented based on procedure type, application, and region.

By Procedure Type

By Application

  • Collagen
  • Hyaluronic Acid (HA)
  • Botulinum Toxin Type A
  • Calcium Hydroxylapatite (CaHA)
  • Polymer Fillers
    • Polymethylmethacrylate Microspheres (PMMA)
    • PLLA (Poly-L-lactic acid)
  • Aesthetics
  • Therapeutics

To Understand the Scope of this Report: Speak to Analyst

By Procedure Type Insights

Botulinum toxin type A segment is expected to witness significant market growth in the projected years.

Botulinum toxin type A segment is expected to witness significant market growth in the projected years. This market growth is driven by its escalating utilization in cosmetic applications, particularly in enhancing facial aesthetics and reducing signs of aging. 

The hyaluronic acid segment will grow rapidly. Cosmetic-grade HA, with its low molecular weight, facilitates deep penetration into the epidermis, assisting in cellular water retention and the release of antioxidants that effectively decelerate the aging process. Beyond its cosmetic applications, hyaluronic acid serves as a moisturizer and contributes to the healing of burns, skin ulcers, and wounds. Additionally, it finds utility in cosmetic surgery, where it is utilized as a lip filler.

By Application Insights

The aesthetics segment dominated the Australian facial injectables market in 2023.

The aesthetics segment held the largest Australian facial injectables market share in 2023. This dominance is attributed to a growing awareness of aesthetic procedures and an increase in disposable income. The market is further propelled by the escalating utilization of cosmetic injectables for addressing various facial concerns, including wrinkles, parentheses lines, lip lines, lip augmentation, lip border repair, and crow's feet lines.

The therapeutic segment is expected to grow at a substantial pace in the coming years. The increasing demand for therapeutics is driven by the growing application of facial injectables in treating conditions such as strabismus, blepharon-spasm, Meige's syndrome, hemifacial spasms (HFS), oro-mandibular dystonia (OMD), & focal hyperhidrosis.  

Regional Insights

Australia's facial injectable industry analysis represents a dynamic and innovative landscape that undergoes continuous evolution with the introduction of new technologies and approaches to meet the growing demand for subtle and effective cosmetic procedures. Manufacturers in this industry are actively engaged in significant investments in research and development initiatives. This commitment results in ongoing advancements that not only enhance the overall outcomes of but also contribute to improving patient comfort and ensuring a higher level of discretion in the procedures.

The focus on research and development enables manufacturers to stay at the forefront of technological innovation, introducing new and improved formulations or methods for facial injectables. This, in turn, benefits both practitioners and patients by offering enhanced results and a more comfortable experience during the procedures. Simultaneously, service providers within the facial injectable market are continually expanding their businesses to cater to the increasing number of patients seeking these cosmetic procedures. The rising demand underscores the popularity and acceptance of facial injectables, prompting providers to broaden their reach and accommodate the diverse needs of a growing clientele.

Key Market Players & Competitive Insights

The entry of generic drug manufacturers to increase competition in the coming years

Australia's facial injectables market is marked by intense competition, featuring numerous service providers and product manufacturers. Key players in the industry have formulated essential business strategies encompassing product innovation, collaborations, new product introductions, joint ventures, contractual agreements, and the rollout of advanced services. These strategic initiatives are crucial for securing a prominent position within the industry and capturing a significant market share.

Some of the major players operating in the global market include:

  • SILK Laser Clinics
  • Advanced Clinics Australia
  • Results Laser Clinic
  • Australian Skin Clinics
  • Laser Clinics Australia

Recent Developments in the Industry

  • In January 2023, Evolus announced that the Australian Therapeutic Goods Administration (TGA) granted regulatory approval for Nuceiva (prabotulinumtoxin A), a neurotoxin specifically designed for aesthetic purposes. The approval encompasses the temporary enhancement of the appearance of moderate to severe glabellar lines in adult patients, referring to the vertical lines between the eyebrows visible during maximum frowning.
  • In June 2021, SILK Laser Australia agreed to acquire Beauty Services Holdings, the parent company overseeing The Cosmetic Clinic in New Zealand & Australian Skin Clinics in Australia.

Report Coverage

The Australian facial injectables market report emphasizes key regions across the globe to provide a better understanding of the product to the users. Also, the report provides market insights into recent developments and market trends and analyzes the technologies that are gaining traction around the globe. Furthermore, the report covers an in-depth qualitative analysis pertaining to various paradigm shifts associated with the transformation of these solutions.

The report provides a detailed analysis of the market while focusing on various key aspects such as competitive analysis, drug, product type, form, distribution channel, and futuristic growth opportunities.

Australia Facial Injectables Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 3.05 billion

Revenue Forecast in 2032

USD 17.36 billion

CAGR

24.3% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments Covered

  • By Procedure Type
  • By Application
  • By Region

Regional scope

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Competitive Landscape

  • Australia Facial Injectables Market Share Analysis (2023)
  • Company Profiles/Industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

  • PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

Explore the 2024 market share, size, and revenue growth rate statistics in the field of Australia Facial Injectables Market, meticulously compiled by Polaris Market Research Industry Reports. This comprehensive analysis encompasses a market forecast outlook extending to 2032, along with an insightful historical overview. Experience the depth of this industry analysis by obtaining a complimentary PDF download of the sample report.

Browse Our Bestselling Reports:

Marketing Attribution Software Market Size, Share Research Report

Cloud ERP Market Size, Share Research Report

Satellite Internet Market Size, Share Research Report

Security Testing Market Size, Share Research Report

Kitchen Towels Market Size, Share Research Report

FAQ's

The global Australia facial injectables market size is expected to reach USD 17.36 billion by 2032

Key players in the market are SILK Laser Clinics, Results Laser Clinic, Australian Skin Clinics

key driving factors in australia facial injectable market are Rise in establishments of MediSpas in Australia

Australia facial injectable market exhibiting a CAGR of 24.3% during the forecast period.

The australia facial injectable market report covering key segments are procedure type, application, and region.