Australia: beauty tech market revenue 2029

The revenue of the beauty tech segment of the beauty and personal care market in Australia was forecast to continuously increase between 2024 and 2029 by just over 30 million Australian dollars. Beauty tech is currently the smallest revenue producing segment of Australia's beauty and personal care market, with the personal care segment generating the most revenue. Nonetheless, Australia's beauty tech market is slowly expanding and gaining importance as technologies, such as 3D printing, artificial intelligence (AI), and augmented reality (AR), become increasingly incorporated into beauty businesses to improve and personalize consumer experiences.

Revenue of the beauty tech market in Australia from 2020 to 2029 (in million Australian dollars)

Characteristic	Revenue in million Australian dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Beauty tech refers to the intersection of technology and the beauty industry. It encompasses the use of advanced technologies, such as artificial intelligence (AI), augmented reality (AR), and the Internet of Things (IoT), to enhance and revolutionize various aspects of the beauty and cosmetics sector. Beauty tech involves the development and application of digital tools and devices that aim to enhance beauty-related experiences, improve skincare routines, and provide personalized beauty solutions.

Additional Information:

The market comprises revenue and average revenue per capita. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C).

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