Australia Anti-Aging Market Overview, 2028

Australia has one of the highest levels of skin cancer in the Asia Pacific, which has led to a strong focus on sun protection and anti-ageing treatments that help to reduce the signs of sun damage. Australia has a long history of involvement in the development and manufacture of anti-ageing products. The country's natural resources, such as plant extracts and minerals, have been used in traditional medicine for centuries and are now incorporated into modern anti-ageing treatments. The Australian government has also supported the development of the anti-ageing industry by investing in research and development and providing grants to start-ups and established companies. The Australian anti-ageing market is expected to continue to grow in the coming years, driven by an ageing population and increasing awareness of the benefits of anti-ageing treatments. The Australian government has taken various initiatives to regulate the anti-ageing industry and ensure consumer safety. The Therapeutic Goods Administration (TGA), which is part of the Australian Department of Health, regulates therapeutic goods in Australia, including anti-ageing products and treatments. The TGA requires that all therapeutic goods, including anti-ageing products, be registered on the Australian Register of Therapeutic Goods (ARTG) before they can be sold in Australia. This registration process ensures that products meet appropriate standards for quality, safety, and efficacy. The TGA also conducts post-market surveillance to monitor the ongoing safety of products on the market. The Australian government also promotes healthy ageing through initiatives such as the Healthy Ageing Grants programme, which funds community projects that aim to improve the health and well-being of older Australians. According to the research report "Australia Anti-Ageing Market Overview, 2028," published by Bonafide Research, the Australian anti-ageing market was valued at more than USD 545 Million in 2022. With the availability of information on the internet and social media, people are becoming more aware of the benefits of anti-ageing treatments and the options available to them. Advances in technology have led to the development of more effective and less invasive anti-ageing treatments, such as laser therapy, injectables, and radiofrequency devices. There is a growing trend in Australia for natural and organic anti-ageing products that are free from harmful chemicals. Based on the product types covered in this report, they are: anti-wrinkle, hair colour, ultraviolet (UV) absorption, anti-stretch mark, and others (retinoids, peptides, antioxidants, and exfoliants). In Australia, the anti-wrinkle market is leading the anti-ageing treatment market. One of the principal drivers is the rising mindfulness and worry about the impacts of maturing on the skin, as well as the craving to keep an energetic appearance. There is likewise a developing acknowledgement of corrective techniques, including injectables, such as Botox, which can assist with lessening the presence of kinks. With the growing geriatric population, this kind of person faces a variety of skin problems. Those issues mostly include wrinkles. Therefore, doctors recommend that they use anti-ageing creams and lotions. Therefore, there is huge demand for anti-ageing products in Australia.

Generation X holds the highest market share in the country among Generation Y, Generation Z, and Baby Boomers. Generation X is a significant demographic group in Australia, and they are entering the age range of 41 to 56, which is the age group that is most concerned about anti-ageing treatments. They are also a relatively wealthy demographic group, which allows them to have greater purchasing power to invest in anti-ageing treatments. Therefore, it is likely that the Generation X population is driving the growth of the anti-ageing treatment market in Australia. Additionally, Generation X is known for being health-conscious and interested in maintaining their youthful appearance, which also contributes to the popularity of anti-ageing treatments among this demographic group. Based on target group includes the men and women. In Australia the women is leading the anti-aging market. Based on the report, the product types include anti-wrinkle, hair colour, ultraviolet (UV) absorption, anti-stretch mark, and others (retinoids, peptides, antioxidants, and Exfoliants). In Australia, anti-wrinkle products hold the highest market share. The growth of the anti-wrinkle market in Australia can be attributed to several factors. The ageing population in Australia is increasing, and as people age, they tend to develop more wrinkles and fine lines. This creates a growing demand for anti-ageing products, including anti-wrinkle creams and serums. There has been an increase in awareness about the importance of skincare and the benefits of using anti-ageing products. More people are willing to invest in high-quality skincare products, including anti-wrinkle treatments, to achieve a youthful appearance and maintain healthy skin. Based on the products distribution channel includes the Specialty Store, Pharmacy & Drug Stores, Hypermarket & Supermarket, Online and others. In Australia the specialty stores is leading the anti-aging products market. Some of the top speciality stores that offer the huge variety of the anti-aging products, Adore Beauty, Sephora, Mecca and Priceline Pharmacy. Considered in this report

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Manmayi Raval

Research Consultant

• Geography: Australia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Australia Anti-Ageing Market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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By Products Types • Anti-Wrinkle • Hair Color • Ultraviolet (UV) Absorption • Anti-Stretch Mark By products distribution channel • Hypermarket & Supermarket • Pharmacy & Drug Stores • Specialty Store • Online • Others By Treatment • Hair Restoration • Anti Pigmentation • Adult Acne Therapy • Breast Augmentation • Liposuction • Chemical Peel By Treatment Distribution channel • Hospitals • Pharmacies • Drugstores • Dermatology Clinics • Rejuvenation Centers • Others By Target Group • Men • Women The Approach of the Report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Office Chair industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.