The global anti-aging market size reached US$ 62.6 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 93.1 Billion by 2027, exhibiting a CAGR of 6.84% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Aging is brought about by a cycle of biochemical processes which cause the body to degenerate over a period of time, impacting the health, fitness and physical appearance of the individual. Anti-aging refers to the process of limiting or retarding these changes through various products and services. Nowadays, good physical personality has become a necessity and determines the success of an individual in different areas of life. The growing consciousness among both the young and old consumers regarding their physical appearance has fostered the demand for anti-aging products and devices.
Strict rules and regulations have encouraged the manufacturers to introduce safer and more efficient anti-aging products which provide quick results to the consumers, in turn, widening the growth prospects of the market.
Although premium anti-aging products have conventionally been distributed through departmental stores, specialty stores have made them more accessible and widely available. These products are now also being sold through online stores, salons, spas, specialist retail shops, and direct response television such as infomercials and home shopping channels.
The high cost of anti-aging products and procedures along with the presence of counterfeit products containing toxic substances pose a major challenge to the market growth.
2. What is the expected growth rate of the global anti-aging market during 2022-2027?
3. What are the key factors driving the global anti-aging market?
4. What has been the impact of COVID-19 on the global anti-aging market?
5. What is the breakup of the global anti-aging market based on the age group?
6. What is the breakup of the global anti-aging market based on the gender?
7. What is the breakup of the global anti-aging market based on income?
8. What is the breakup of the global anti-aging market based on the industry?
9. What is the breakup of the global anti-aging market based on the product type?
10. What is the breakup of the global anti-aging market based on device and technology?
11. What are the key regions in the global anti-aging market?
12. Who are the key players/companies in the global anti-aging market?
Aging is brought about by a cycle of biochemical processes which cause the body to degenerate over a period of time, impacting the health, fitness and physical appearance of the individual. Anti-aging refers to the process of limiting or retarding these changes through various products and services. Nowadays, good physical personality has become a necessity and determines the success of an individual in different areas of life. The growing consciousness among both the young and old consumers regarding their physical appearance has fostered the demand for anti-aging products and devices.
Global Anti-Aging Market Drivers/Constraints:
The advancements in technology, as well as huge investments in research and development activities, have led to the introduction of new anti-aging treatments and products, such as plastic surgeries, breast implants, botulinum toxin injection therapies, etc. which offer long-term results.Strict rules and regulations have encouraged the manufacturers to introduce safer and more efficient anti-aging products which provide quick results to the consumers, in turn, widening the growth prospects of the market.
Although premium anti-aging products have conventionally been distributed through departmental stores, specialty stores have made them more accessible and widely available. These products are now also being sold through online stores, salons, spas, specialist retail shops, and direct response television such as infomercials and home shopping channels.
The high cost of anti-aging products and procedures along with the presence of counterfeit products containing toxic substances pose a major challenge to the market growth.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global anti-aging market report, along with forecasts at the global and country level from 2022-2027. Our report has categorized the market based on demography, industry, product type, and device & technology.Breakup by Demography:
Age Group
On the basis of age group, the market has been segmented into the age group of 25-35 years, 35-55 years, and 55 and above. Currently, consumers in the age group of 35-55 years lead the global anti-aging market, holding more than a half of the total global market.Gender
Based on gender, the market has been segregated as males and females. Amongst these, females dominate the market.Income
On the basis of income, high-income group represents the leading segment as consumers in this segment can easily afford anti-aging cosmetic procedures. Other income groups include low- and middle-income.Breakup by Industry:
Based on industry, the skin-care industry accounts for the largest share since the consumers are focussing more on the appearance of their skin.Breakup by Product Type:
On the basis of product type, the report finds that sunscreen products are the most popular segment as they prevent the skin from premature wrinkling and discoloration, and also protect it from the harmful UV rays.Breakup by Device and Technology:
Based on device and technology, the market has been divided into microdermabrasion and aesthetic energy devices. Amongst these, microdermabrasion devices are the leading segment, accounting for the majority of the market share.Regional Insights:
Country-wise, France has the largest anti-aging market owing to the high standards of living and consumption of premium anti-aging products by the consumers. Other major countries include Germany, Italy, United Kingdom, Russia, Spain, United States, Brazil, Japan, South Korea, China, Thailand and India.Competitive Landscape:
The competitive structure of the market has also been examined with some of the key players being:
- Allergan
- L'Oréal
- Beiersdorf
- Estee Lauder
- Procter & Gamble
- Shiseido
- Unilever
Key Questions Answered in This Report
1. What was the size of the global anti-aging market in 2021?2. What is the expected growth rate of the global anti-aging market during 2022-2027?
3. What are the key factors driving the global anti-aging market?
4. What has been the impact of COVID-19 on the global anti-aging market?
5. What is the breakup of the global anti-aging market based on the age group?
6. What is the breakup of the global anti-aging market based on the gender?
7. What is the breakup of the global anti-aging market based on income?
8. What is the breakup of the global anti-aging market based on the industry?
9. What is the breakup of the global anti-aging market based on the product type?
10. What is the breakup of the global anti-aging market based on device and technology?
11. What are the key regions in the global anti-aging market?
12. Who are the key players/companies in the global anti-aging market?
Frequently Asked Questions about the Global Anti-Aging Market Report and Forecast (2022-2027)
What is the estimated value of the Global Anti-Aging Market Report and Forecast (2022-2027)?
What is the growth rate of the Global Anti-Aging Market Report and Forecast (2022-2027)?
What is the forecasted size of the Global Anti-Aging Market Report and Forecast (2022-2027)?
Who are the key companies in the Global Anti-Aging Market Report and Forecast (2022-2027)?
Report Attribute | Details |
---|---|
No. of Pages | 142 |
Published | August 2022 |
Forecast Period | 2021 - 2027 |
Estimated Market Value ( USD | $ 62.6 Billion |
Forecasted Market Value ( USD | $ 93.1 Billion |
Compound Annual Growth Rate | 6.8% |
Regions Covered | Global |
No. of Companies Mentioned | 7 |
Table of Contents
1 Preface3 Executive Summary7 Global Anti-Aging Market: Historical, Current and Future Market Trends8 COVID-19 Impact on the Industry
2 Scope and Methodology
4 Aging
5 Global Anti-Aging Market: Key Drivers and Success Factors
6 Global Anti-Aging Market: Porter’s Five Forces Analysis
9 Global Anti-Aging Market: Breakup by Demography
10 Global Anti-Aging Market: Breakup by Industry
11 Global Anti-Aging Market: Breakup by Product Type
12 Global Anti-Aging Market: Breakup by Devices and Technology
13 Global Anti-Aging Market: Breakup by Country
14 Global Anti-Aging Market: Market Challenges
15 Global Anti-Aging Market: Key Players
List of Figures
List of Tables
Companies Mentioned
- Allergan
- L’Oréal
- Beiersdorf
- Estee Lauder
- Procter & Gamble
- Shiseido
- Unilever
Methodology
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