Anti-Aging Global Market Report 2024

“Anti-Aging Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on anti-aging market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for anti-aging? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The anti-aging market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 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
• Companies Mentioned: Allergan plc; L'Oreal SA; Beiersdorf AG; Estee Lauder Companies Inc.; Procter & Gamble Company
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Anti-aging refers to a term used to describe substances or methods aimed at slowing down or preventing the aging process. It involves strategies and products designed to halt, delay, or potentially reverse the signs of aging in humans.

The main types of products in the field of anti-aging include UV absorbers, anti-wrinkle products, dermal fillers, Botox, and anti-stretch mark products. UV absorbers are substances used to disperse ultraviolet light into a lower energy state, commonly employed to protect polymers by blocking damaging UV light. Anti-aging treatments encompass a range of procedures such as hair restoration, adult acne therapy, breast augmentation, liposuction, chemical peels, and others. These treatments are tailored to various demographic groups, including generation X, baby boomers, generation Y, and generation Z. Anti-aging applications extend to treatments for wrinkles, pigmentation issues, skin resurfacing, and more, with implementation in sectors such as hospitals, clinics, and home healthcare.

The anti aging market research report is one of a series of new reports from The Business Research Company that provides anti aging market statistics, including anti aging industry global market size, regional shares, competitors with an anti aging market share, detailed anti aging market segments, market trends and opportunities, and any further data you may need to thrive in the anti aging industry. This anti aging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The anti-aging market size has grown strongly in recent years. It will grow from $54. 66 billion in 2023 to $59. 17 billion in 2024 at a compound annual growth rate (CAGR) of 8. 2%. The observed growth in the historical period can be attributed to several factors, including the increased aging population, a growing consumer awareness about anti-aging products, the rise in disposable income, increased consumer spending on beauty and wellness, and the expansion of the skincare and cosmetics industry. Additionally, changing demographics, including a focus on maintaining a youthful appearance, have contributed to the growth of the anti-aging market.

The anti-aging market size is expected to see strong growth in the next few years. It will grow to $81. 01 billion in 2028 at a compound annual growth rate (CAGR) of 8. 2%. The anticipated growth in the forecast period can be attributed to various factors, including the increasing demand for non-invasive solutions, a growing preference for natural and organic products, the rising demand for clinically advanced solutions, increasing disposable income and healthcare expenditure, and a growing awareness and acceptance of anti-aging products and services. Key trends expected in the forecast period include advancements in medical and cosmetic technologies, the development of nutraceuticals and functional foods targeting anti-aging benefits, the convergence of beauty and wellness trends, and the rise of digital beauty platforms and virtual consultations. These trends reflect the evolving landscape of the anti-aging market and consumer preferences for holistic and technologically advanced solutions.

The surge in demand for cosmetic products stands as a significant driver propelling the growth of the anti-aging market. This market segment focuses on anti-aging cosmetics, which specifically target reducing the visible effects of aging and wrinkles on the skin. These cosmetics are instrumental in treatments and post-treatments, enhancing the outcomes of anti-aging surgeries. Projections from Exploding Topics, a US-based internet publishing site, indicate an anticipated revenue exceeding $120 billion for the beauty industry by 2025. This robust demand for cosmetic products is poised to be a key catalyst propelling the expansion of the anti-aging market.

The steady rise in disposable income is anticipated to fuel the growth of the anti-aging market. An upsurge in disposable income empowers households with greater financial flexibility, leading to increased consumption patterns. This increased affordability enables consumers to allocate more of their budget towards premium anti-aging products and treatments, thereby amplifying the market's demand. As reported by the World Bank in August 2022, lower-middle-income countries exhibited per capita net disposable incomes ranging between $1,036 and $4,045, while upper-middle-income countries showed figures between $4,046 and $12,535 in 2021. This escalating disposable income is a key driver propelling the growth of the anti-aging market.

Technological advancements play a pivotal role in shaping the landscape of the anti-aging market. Major companies within this sector prioritize the development of innovative technological solutions to meet consumer demands and reinforce their market positions. For instance, in March 2021, Laboratoires Pierre Fabre, a France-based pharmaceutical and cosmetics company, introduced TRIASORB, a sun protection product leveraging patented technology. Notably, TRIASORB stands out as the first organic filter with a unique capacity to absorb and reflect damaging sun radiation, encompassing UVB, short UVA, long UVA rays, as well as intense visible blue light, demonstrating a significant technological leap in sun protection solutions.

Major players in the anti-aging market are innovating by introducing new anti-aging masks to secure a competitive edge. These skincare products specifically target reducing signs of aging like fine lines, wrinkles, and loss of firmness by delivering specialized ingredients and hydration to the skin. For instance, in March 2023, Christian Dior SE, a France-based fashion giant, introduced the Dior Skin Light, an anti-aging LED mask developed in collaboration with French LED technology specialist Lucibel. Utilizing photobiomodulation technology through red light, this mask stimulates skin cells, fostering increased collagen and elastin production, leading to enhanced skin rejuvenation. Dior claims that a mere twelve-minute application of the mask can effectively address concerns like redness, enlarged pores, and excessive sebum, resulting in a more radiant, plumped, and smoother skin texture.

In January 2022, Galderma S. A., a Switzerland-based pharmaceutical enterprise, completed the acquisition of ALASTIN Skincare, Inc. for an undisclosed sum. This strategic acquisition serves to augment Galderma's product portfolio and bolster its expertise in science-based skincare, solidifying its position as a leading global dermatology company within the skincare market. ALASTIN Skincare, a US-based skincare enterprise, specializes in developing and manufacturing physician-dispensed skincare products, including anti-aging solutions tailored for aesthetics and dermatology professionals. This acquisition signifies Galderma's commitment to expanding its presence and expertise in the dermatological sector.

Major companies operating in the in the anti-aging market report are Allergan plc, L'Oreal 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., Lancome Parfums et Beaute & Cie SA, Clinique Laboratories LLC, Elizabeth Arden Inc., Natura Bisse International S. A.

North America was the largest region in the anti aging market in 2023. 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

The countries covered in the anti-aging market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The anti aging market consists of sales of topical agents, antioxidants Cell regulators, and invasive procedures. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.