Polaris Market Research recently updated its existing market research study on the report “Anti-Aging Market Share, Size, Trends, Industry Analysis Report, By Product (Hair Color, Botox, Dermal Fillers, Anti-Stretch Marks, Anti-Wrinkle, Ultraviolet Absorbers and Others), By Devices (Laser, Microdermabrasion, Radiofrequency, Anti-Cellulite and Others), By Treatment (Liposuction, Anti-Adult Acne Therapy, Hair Restoration Treatment, Breast Augmentation, Chemical Peel, Intense Pulse Light (IPL), Anti-Pigmentation and Others), By Demography (Baby Boomer, Generation Y and Generation X), By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global anti-aging market was valued at USD 20.2 billion in 2019 and is expected to reach USD 29.8 billion by 2027 to grow at a CAGR of 5.1% during the forecast period 2020 –2027. Increasing consciousness among the majority of the young population about their physical appearance is the key factor driving the huge demand for the global market. The growing geriatric population, increasing popularity of multi-use cosmetic products, and the continuous launching of advance anti-wrinkle creams are fueling growth for the global anti-aging market. Increasing technology advancements coupled with rising investments in research & development activities supporting the market growth further. In addition to this, increasing popularity for the anti-stretch mark products due to rising cases of obesity in the older population boosting the overall growth of the anti-aging market. Moreover, strict policies and regulations from governing bodies encourage the leading manufacturers to bring more efficient and safer anti-aging products widening the growth prospects of the market.
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Key Findings for Anti-Aging Market :
Based on Device:
The radiofrequency device is a leading segment holding a prominent position in the market. Adoption of the latest technologies coupled with rising investments from the key market players is expected to continue high segmental growth over the forecast horizon.
In Terms of Demographics:
With regards to revenue generation, generation X dominating the global market, owing to increased disposable income and lifestyle changes in terms of physical appearance augmenting market growth.
Based on Treatment Type:
Hair restoration treatment is a major shareholding segment in the market and is anticipated to keep the progress ahead during the forecast period. Growing preference for hair restoration treatments coupled with a high success rate of hair transplants is expected to exhibit a healthy growth rate in the coming years.
Competitive Development :
SkinCeuticals, a global leader in advanced skincare technology has launched the advanced facial cream named Retinol 0.3. It helps to enhance the appearance and skin discoloration while minimizing refining pores and breakouts.
Market participants such as :
Estée Lauder Companies Inc., Allergan plc, Avon Products Inc., L’Oreal SA, Procter & Gamble Co., Unilever, Shiseido Company, Limited, Beiersdorf AG, CCA Industries Inc., Christian Dior SA, Johnson & Johnson, Chanel SA, Neutrogena Corporation, Oriflame Cosmetics, La Prairie Group AG, Clarins, Ella Bache, NeoStrata Company Inc., Unity Biotechnology, Inc., Beauty Counter, Lumenis Ltd. and Revlon Inc., are some of the key players operating in the global market.
Players in the market are focusing on developing anti-aging products and treatments to meet the rising demand of consumers to fight aging. In line with this, in January, 2020, Pure Nutrition Ltd, launched a range of cosmetic products in India, to tap the country’s booming beauty market. The range consisted one hair care and three skin care products produced from natural and organic ingredients and having anti-aging, anti-pollution and anti-fatigue properties.
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Regional Outlook & Trend Analysis
North America is the major revenue-generating region for the anti-aging market, owing to increasing life expectancies, rising plastic surgery volume, and rapidly growing geriatric population. In addition to this, the availability of the well-established infrastructure and favorable reimbursement policies are supporting the market growth. Asia-Pacific region is forecasted to experience faster growth over the forecast period, owing to the rising number of cosmetic surgeries and the growing adoption of cosmetic products and surgeries. Moreover, the leading company’s presence in the region is aggressively focusing on strengthening its foothold in the market through continuous product launches and R& D activities. There is immensely high competition in the global anti-aging market. With the active presence of several domestic as well as international players, it is essential for new startups and existing players to devise their business strategies in terms of acquisitions, collaborations, partnerships, exhibitions, and new product launches for surviving in the market.
Table of Contents
Anti-aging Market Insights
Anti-aging Market Assessment by Product
- Hair Color
- Dermal Fillers
- Anti-Stretch Marks
- Ultraviolet Absorbers
Anti-aging Market, by Devices
Anti-aging Market, by Treatment
- Anti-Adult Acne Therapy
- Hair Restoration Treatment
- Breast Augmentation
- Chemical Peel
- Intense Pulse Light (IPL)
Anti-aging Market Assessment by Demographics
- Baby Boomer
- Generation Y
- Generation X
Anti-aging Market Assessment by Geography
List of Tables
Table 1 Global Anti-aging Market, By Product, 2016 – 2027 (USD Million)
Table 2 Global Anti-aging Market, by Devices, by Region, 2016-2027 (USD Million)
Table 3 Global Anti-aging Market, by Treatment, by Region, 2016-2027 (USD Million)
List of Figures
Figure 1. Market Highlights (2019, Revenue)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top Down & Bottom Up Approach
Figure 4. Market by Geography
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The report can be customized on the basis of regional analysis, segment analysis, industry outlook and competitive analysis. Some of the major focus points which are covered in the report include:
- Industry Trends, opportunity and challenges in the market
- Role of key players across the value chain
- End-User analysis to define the market strategy
- Competitive mapping
- Regional and country level breakdown
These insights are included in the report which would help you to have a realistic overview of the overall market including the competition, investment opportunities, restraints and challenges, regulatory factors which might affect the market growth. Moreover, the report would help to identify the regional market growth opportunities for different segments covered in the report.
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