IMARC Group has recently released a new research study titled "Anti-Aging Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
Year considered to estimate the market size:
• Base year of the analysis: 2021
• Historical period: 2016-2021
• Forecast period: 2022-2027
The global anti-aging market size reached US$ 62.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 93.1 Billion by 2027, exhibiting a growth rate (CAGR) of 6.74% during 2022-2027.
Market Outlook:
Anti-aging represents the process of limiting or retarding the changes in health, fitness, and physical appearance of individuals via several products and services that are formulated to diminish the effects of aging by preventing or masking redness, wrinkles, fine lines, and discoloration of the skin. They are commonly available in the form of creams, masks, gels, etc. These products are applied to the face and can be purchased with or without a prescription. They contain UV filters and absorbers, retinoids, hydroquinone, herbal extracts, pentapeptides, etc., that assist in treating scars, repairing sun damage, increasing collagen production, etc. On the other hand, anti-aging treatment includes skin resurfacing therapies and various surgical procedures.
Global Anti-Aging Market Trends:
The rising consumer consciousness towards their physical appearance is primarily driving the anti-aging market. Moreover, the implementation of numerous stringent regulations by government bodies is encouraging the leading manufacturers to introduce safer and more efficient anti-aging products with organic ingredients that provide quick results. This, in turn, is catalyzing the global market. Additionally, the easy availability of these items across online stores, salons, specialty retail shops, direct response television, such as infomercials and home shopping channels, etc., and the improving living standards of individuals are acting as significant growth-inducing factors. Besides this, the inflating popularity of plastic surgeries, breast implants, botulinum toxin injection therapies, etc., that offer long-term results is anticipated to fuel the anti-aging market over the forecasted period.
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Anti-Aging Market 2022-2027 Competitive Analysis and Segmentation:
The competitive landscape of the global anti-aging market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Allergan
- L’Oréal (EPA: OR)
- Beiersdorf (ETR: BEI)
- Estee Lauder (NYSE: EL)
- Procter & Gamble (NYSE: PG)
- Shiseido (TYO: 4911)
- Unilever (LON: ULVR)
Market Segmentation:
The report has segmented the global anti-aging market on the basis of demography, industry, product types, devices and technology and country.
Breakup by Demography:
- Age Group
- Gender
- Income
Breakup by Industry:
- Skin Care Industry
- Hair Care Industry
- Dental Care Industry
Breakup by Product Types:
- Anti-Wrinkle Products
- Anti-Pigmentation Products
- Sunscreen Products
- Hair Care Products
Breakup by Devices and Technology:
- Microdermabrasion Devices
- Aesthetic Energy Devices
- Competitive Landscape
Breakup by Country:
- France
- Germany
- Italy
- United Kingdom
- Russia
- Spain
- United States
- Brazil
- Japan
- South Korea
- China
- Thailand
- India
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
In case you need any specific business requirements, you can mention the same. We can customize the report based on the specific needs of the client.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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