AUSTRALIA SKINCARE PRODUCTS MARKET ANALYSIS

Australia Skincare Products Market, By Product Type (Face Care ( Cleansers, Masks, Exfoliators/Scrubs, Oils/Serums, Moisturizers, Other Products), Lip Care, Body Care (Body Lotions, Body Wash, Hand and Foot Care)), By Category (Premium/Prestige Skincare Products, Mass Skincare Products), By Distribution Channel (Specialist Retail Stores, Hypermarkets/Supermarkets, Convenience Stores/ Departmental Stores, Online Retail Stores, Other Distribution Channels)

Australia Skincare Products Market: Key Developments

In July 2022, Tula Skincare, a clinical skincare company, partnered with the beauty retailer Mecca to launch its products in Australia and New Zealand. The company’s products are formulated with probiotic extracts and contain superfoods.
In March 2022, L’Occitane Group acquired a majority shareholding in Grown Alchemist, a skincare brand based in Australia. This acquisition will enable the group to strengthen its relationship with Grown Alchemist’s international customers, penetration in its existing market in regions such as Australia, and expand its presence in emerging international markets.
In July 2021, L’Oréal Professional launched Metal Detox Hair Care collection. The product was revealed to beauty editors at a virtual event on July 27, with an inside look into the science of metals of the hair from the perspective and expertise of Inventive colorist and certified trichologist Bridgette Hill. Celebrity colorist and balayage specialist, Min Kim and Hair Designer Charlie Le Mindu also participated in the showcase.
In February 2021, in the Australian market, Procter &Gamble American multinational consumer goods corporation launched four new products based on the current skincare ingredients in vogue, such as niacinamide + vitamin C, and addressed the accelerating serum segment.