DALLAS, Nov. 03, 2018 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of the anti-aging market looks good with opportunities in skin care and hair care. The global anti-aging market is expected to reach an estimated $66.2 billion by 2023 with a CAGR of 5.7% from 2018 to 2023. The major growth drivers for this market are the growing aging population and increasing awareness about the advantages of using anti-aging products.
Browse 63 market data tables and 77 figures spread through 149 pages and in-depth TOC on “Global Anti-Aging Market" at https://www.lucintel.com/anti-aging-market.aspx
In this market, anti-wrinkle, anti-stretch mark, nourishment, anti-pigmentation, and acne, hair care, sun care products, herbal products, and others are used for anti-aging manufacturing for product. Lucintel forecasts that the anti-wrinkle product will show above average growth over the forecast period. Download Free PDF Brochure @ https://www.lucintel.com/anti-aging-market.aspx#/
APAC is expected to witness the highest growth over the forecast period due to rapid growth in the aging population base, increasing awareness regarding signs of aging, and increased spending capacity. Pre-Purchase Query click https://www.lucintel.com/anti-aging-market.aspx#/
By application type, the global anti-aging market is segmented into skin care and hair care. The skin care application is the largest market mainly due to rapidly increasing consumer consciousness about using these products to promote or maintain a younger appearance.
Emerging trends, which have a direct impact on the dynamics of the anti-aging industry, include integration of alphabetic formulation in anti-aging products, increasing usage of multifunctioning anti-aging products, and rising demand for natural and organic ingredients in anti-aging products. L’Oréal SA, Procter & Gamble, Estee Lauder Companies Inc., Unilever PLC, and Allergen PLC and others are among the major suppliers of anti-aging.
Lucintel, a leading global market research firm has analyzed growth opportunities in the global anti-aging market by application, product, age group, and region has compiled a comprehensive research report entitled “Growth Opportunities in the Global Anti-Aging Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global anti-aging market by application, product, age group, and region.
For a detailed table of contents, contact Lucintel at +1-972-636-5056 or mail at helpdesk@lucintel.com.