The Business Research Company’s report on the Anti-Aging Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the anti-aging market’s growth in recent years?
The increase in demand for cosmetic products is significantly driving the growth of the anti-aging market. Anti-aging cosmetics are a subset of cosmetics that focus on reducing the effects of ageing and wrinkles on the human skin. The use of these cosmetics in treatments or post-treatments enhances the results of anti-aging surgery. For instance, according to Exploding Topics, a US-based internet publishing site, the beauty industry’s revenue is expected to exceed $120 billion by 2025.Hence, the growing demand for cosmetic products is expected to propel the growth of the anti-aging market going forward.
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How does the future projection of the anti-aging market size compare to its historical growth?
The anti-aging market size has grown strongly in recent years. It will grow from $58.49 billion in 2024 to $63.22 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to increased aging population, growing consumer awareness about anti-aging products, rise in disposable income and consumer spending on beauty and wellness, expansion ofThe skincare and cosmetics industry, changing demographics.
The anti-aging market size is expected to see strong growth in the next few years. It will grow to $87.51 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to increasing demand for non-invasive solutions, growing popularity of natural and organic products, increasing demand for clinically-advanced solutions, rising disposable income and healthcare expenditure, growing awareness and acceptance of anti-aging products and services. Major trends in the forecast period include advancements in medical and cosmetic technologies, development of nutraceuticals and functional foods, convergence of beauty and wellness trends, rise of digital beauty platforms and virtual consultations.
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Which key players are shaping the future of the anti-aging market?
Major companies operating in the anti-aging market include L’Oréal SA, Beiersdorf AG, Estee Lauder Companies Inc., Procter & Gamble Company, Shiseido Co. Ltd., Unilever plc, Lumenis Ltd., Home Skinovations Ltd., Nu Skin Enterprises Inc., Koninklijke Philips NV, Alma Lasers Ltd., PhotoMedex Inc., Candela Corporation, Hologic Inc., Pierre Fabre SA, Galderma SA, Abbvie Inc., Bausch & Lomb Incorporated, Merck KGaA, Johnson & Johnson Services Inc., ZO Skin Health Inc., Clarins Group, Revlon Inc., Soko Glam Inc., Avon Products Inc., Lancôme Parfums et Beauté & Cie SA, Clinique Laboratories LLC, Elizabeth Arden Inc., Natura Bissé International S. A.
What trends will propel the growth and evolution of the anti-aging market?
Technology advancements are shaping the anti-aging market. Major companies operating in the anti-aging sector are focused on developing new technological solutions to meet consumer demand and strengthen their position. For instance, in September 2023, BASF SE, a Germany-based chemical company, launched a new sunscreen ingredient, TinomaxTM CC. This new functionalized natural-based particle for skin and sun care formulations enhances UV protection through improved SPF and UVA capabilities while providing a significant sensory experience with less stickiness and greasiness. This 100% natural origin ingredient helps meet sustainability goals by improving the ecotoxicological profile of formulations, aligning with the growing demand for multifunctional, environmentally friendly products in the sun care market.
Which regions are expected to become dominant players in the anti-aging market?
North America was the largest region in the anti-aging market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anti-aging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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What are the emerging key segments in the anti-aging market, and how are they evolving?
The anti-aging market covered in this report is segmented –
1) By Product Type: UV Absorbers, Anti-Wrinkle Products, Dermal Fillers, Botox, Anti-Stretch Mark Products
2) By Treatment: Hair Restoration, Adult Acne Therapy, Breast Augmentation, Liposuction, Chemical Peel, Other Treatments
3) By Demographic: Generation X, Baby Boomers, Generation Y, Generation Z
4) By Application: Anti-Wrinkle Treatment, Anti-Pigmentation, Skin Resurfacing, Other Applications
5) By End-User: Hospitals, Clinics, Home Healthcare
Subsegments:
1) By UV Absorbers: Chemical UV Filters, Physical UV Filters, Sunscreen Formulations
2) By Anti-Wrinkle Products: Creams And Serums, Eye Care Products, Retinoids
3) By Dermal Fillers: Hyaluronic Acid Fillers, Calcium Hydroxylapatite Fillers, Poly-L-lactic Acid Fillers
4) By Botox: Botox Cosmetic, Dysport, Xeomin
5) By Anti-Stretch Mark Products: Creams And Lotions, Oils, Treatments With Active Ingredients
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What defines the structure and scope of the anti-aging market?
Anti-aging refers to a term used to describe substances meant to slow down or stop the ageing process. It is described as a method for halting, delaying, or reversing the ageing process in humans.
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