Washington, DC, May 12, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Anti-Aging Market By Age Geographic (Baby Boomer, Generation X, And Generation Y), Product (Botox, Anti-Wrinkle Products, Anti-Stretch Mark Products, And Others), By Services (Anti-Pigmentation Therapy, Anti-Adult Acne Therapy, And Breast Augmentation), By Device (Microdermabrasion, Laser Aesthetics, Anti-Cellulite Treatment, And Anti-Aging Radio Frequency Devices), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.
“According to the latest research study, the demand of global Anti-Aging Market size & share in terms of revenue was valued at USD 66.7 billion in 2022 and it is expected to surpass around USD 120.23 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 7.8% during the forecast period 2023 to 2030.”
What is Anti-Aging? How big is the Anti-Aging Industry?
Report Overview:
The ageing of the skin is a complicated biological process that is affected by a number of elements, both endogenous and exogenous, which are considered to be intrinsic and exogenous, respectively. Age, prolonged exposure to ultraviolet radiation (UV), pollution, lifestyle-related factors (smoking, restricted sleep, diet & nutrition, harsh soaps, stress & depression), and repetitive facial expressions are some of the reasons that might contribute to the development of this condition.
Wrinkles and fine lines are the most obvious indications of ageing skin that most people notice. Moisturisers, antioxidants, and biologically active products are the three categories that fall under the umbrella of anti-aging cosmetics. Each of these categories can be broken down further into subcategories. Cosmetological care (daily skin care, sun protection, aesthetic noninvasive procedures), topical agents (antioxidants, cell regulators), and invasive procedures (chemical peelings, visible light devices, intense pulsed light, radiofrequency, injectable skin biostimulation, and rejuvenation) are some of the anti-aging treatments that are available. Other methods include daily skin care, sun protection, and aesthetic noninvasive procedures.
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- Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
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- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
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Global Anti-Aging Market: Growth Factors
Anti-aging refers to any products, procedures, or practices that aim to slow down, prevent, or reverse the signs of aging. The goal of anti-aging is to help individuals maintain a youthful appearance and feel healthy and vibrant as they age. Anti-aging techniques can range from simple lifestyle changes such as eating a healthy diet and exercising regularly, to more advanced treatments such as cosmetic surgery and stem cell therapy. As the population ages, the demand for anti-aging products and procedures continues to grow.
The global anti-aging market is predicted to surge exponentially due to the increasing demand for products and procedures that help people maintain a youthful appearance and feel healthy as they age. This demand is fueled by a growing aging population and increased awareness of the benefits of a healthy lifestyle. In addition, the market also presents numerous opportunities for growth, including the development of new and innovative products and procedures, and the expansion of the market to include younger age groups. However, the anti-aging industry faces challenges such as lack of regulation & standardization, high costs, and the complexity of the aging process itself. Despite these challenges, the anti-aging market remains a thriving industry as people continue to seek ways to look and feel their best at every age.
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Report Scope
| Report Attribute | Details |
| Market Size in 2022 | USD 66.7 billion |
| Projected Market Size in 2030 | USD 120.23 billion |
| CAGR Growth Rate | 7.8% CAGR |
| Base Year | 2022 |
| Forecast Years | 2023-2030 |
| Key Market Players | L'Oreal SA, Procter & Gamble Co., Unilever PLC, Estée Lauder Companies Inc., Johnson & Johnson, Allergan plc, Beiersdorf AG, Shiseido Co. Ltd., Olay (P&G), Avon Products Inc., Clarins SA, Coty Inc., Kao Corporation, Natura & Co., Lumenis Ltd., Alma Lasers Ltd., Syneron Medical Ltd., Photomedex Inc., Cynosure Inc., and Solta Medical Inc. among others. |
| Key Segment | By Age Geographic, By Product, By Services, By Devices, and By Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Purchase Options | Request customized purchase options to meet your research needs. Explore purchase options |
Anti-Aging Market: Segmentation Analysis
The global anti-aging market is segmented based on age geographic, product, services, device, and region.
Based on age geographic, the market is bifurcated into baby boomers, generation X, and generation Y. The generation X segment held the largest market share in 2022 and is further predicted to grow at a remarkable CAGR during the forecast period. Generation X, typically defined as individuals born between the mid-1960s and early 1980s, is now reaching middle age and becoming increasingly interested in products and procedures that can help them maintain a youthful appearance and feel healthy as they age. As this segment continues to age, the demand for anti-aging products and procedures is expected to grow, creating opportunities for companies to develop and market innovative solutions to meet their needs.
Based on product, the market is segmented into Botox, anti-wrinkle products, anti-stretch mark products, and others. The anti-wrinkle segment held the dominating market share in 2022 and is further expected to grow at a notable CAGR during the forecast period. Anti-wrinkle products include creams, serums, and masks that are designed to reduce the appearance of wrinkles and fine lines. The growth of this segment is being driven by increased consumer demand for non-invasive and affordable solutions to combat the signs of aging. In addition, advancements in technology have allowed for the development of more effective anti-wrinkle products, such as those containing retinol, hyaluronic acid, and collagen.
Based on services, the anti-aging industry is bifurcated into anti-pigmentation therapy, anti-adult acne therapy, and breast augmentation.
Based on device, the market is segmented into microdermabrasion, laser aesthetics, anti-cellulite treatment, and anti-aging radio frequency devices. The microdermabrasion segment held the dominating market share in 2022 and is further projected to grow at a promising CAGR during the forecast period. The microdermabrasion segment of the anti-aging market is experiencing growth due to its effectiveness in improving skin texture and reducing the appearance of fine lines and wrinkles. Microdermabrasion is a non-invasive procedure that uses a device to exfoliate the outermost layer of skin, stimulating cell turnover, and collagen production.
The growth of this segment is being driven by increasing consumer interest in non-surgical anti-aging solutions that are both effective and affordable. In addition, advancements in technology have allowed for the development of more advanced microdermabrasion devices that provide better results and are more comfortable for patients.
The global Anti-Aging market is segmented as follows:
By Age Geographic
- Baby Boomer
- Generation X
- Generation Y
By Product
- Botox
- Anti-Wrinkle Products
- Anti-Stretch Mark Products
- Others
By Services
- Anti-Pigmentation Therapy
- Anti-Adult Acne Therapy
- Breast Augmentation
- Liposuction
- Chemical Peel
- Hair Restoration Treatment
- Others
By Devices
- Microdermabrasion
- Laser Aesthetics,
- Anti-Cellulite Treatment
- Anti-Aging Radio Frequency Devices
Browse the full “Anti-Aging Market By Age Geographic (Baby Boomer, Generation X, and Generation Y), Product (Botox, Anti-Wrinkle Products, Anti-Stretch Mark Products, and Others), By Services (Anti-Pigmentation Therapy, Anti-Adult Acne Therapy, and Breast Augmentation), By Device (Microdermabrasion, Laser Aesthetics, Anti-Cellulite Treatment, and Anti-Aging Radio Frequency Devices), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030”-Report at https://www.zionmarketresearch.com/report/anti-aging-market
Competitive Landscape
Some of the main competitors dominating the global Anti-Aging market include -
- L'Oreal SA
- Procter & Gamble Co.
- Unilever PLC
- Estée Lauder Companies Inc.
- Johnson & Johnson
- Allergan plc
- Beiersdorf AG
- Shiseido Co. Ltd.
- Olay (P&G)
- Avon Products Inc.
- Clarins SA
- Coty Inc.
- Kao Corporation
- Natura & Co.
- Lumenis Ltd.
- Alma Lasers Ltd.
- Syneron Medical Ltd.
- Photomedex Inc.
- Cynosure Inc.
- and Solta Medical Inc.
- Among Others.
Key Insights from Primary Research:
- According to the analysis shared by our research forecaster, the Anti-Aging market is likely to expand at a CAGR of around 7.8% during the forecast period (2023-2030).
- In terms of revenue, the Anti-Aging market size was valued at around US$ 66.7 billion in 2022 and is projected to reach US$ 120.23 billion by 2030.
- The global anti-aging market is predicted to surge rapidly due to the increasing aging population, the desire for a youthful appearance, and advancements in technology & product innovation.
- Based on age geographic, the generation X segment held the dominating market share in 2022.
- Based on products, the anti-wrinkle products segment held the largest market share in 2022.
- Based on region, the North American region held the dominating market share in 2022.
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Key questions answered in this report:
- What is the market size and growth rate forecast for Anti-Aging industry?
- What are the main driving factors propelling the Anti-Aging Market forward?
- What are the leading companies in the Anti-Aging Industry?
- What segments does the Anti-Aging Market cover?
- How can I receive a free copy of the Anti-Aging Market sample report and company profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2023−2030
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Age Geographic, By Product, By Services, By Devices, and By Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Regional Analysis:
The North American region held the largest anti-aging market share in 2022 and is further predicted to grow rapidly at an exponential CAGR during the forecast period. The anti-aging market in North America is experiencing significant growth due to several factors, including an aging population, increased consumer awareness of the benefits of anti-aging products & procedures, and a growing demand for non-invasive solutions.
The growth of the market in North America is being driven by the United States, which has the highest demand for anti-aging products and procedures in the region. The market is also benefiting from the presence of key players in the region, who are investing in research and development to develop innovative anti-aging solutions.
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Recent Developments
- In March 2021, L'Oréal announced the launch of a new skin analysis tool called Skin Consulting. The tool uses artificial intelligence to analyze the user's skin and provide personalized recommendations for skincare products and routines. This technology represents a major step forward in the development of personalized anti-aging solutions.
- In December 2020, Allergan announced the FDA approval of its Juvéderm Voluma XC injectable gel for the chin. This product is designed to add volume to the chin and jawline, addressing concerns associated with aging in this area. This approval expands Allergan's product offerings in the anti-aging market and provides consumers with a non-surgical alternative for addressing the signs of aging in the lower face.
To know an additional revised 2023 list of market players, request a brochure of the report: https://www.zionmarketresearch.com/requestbrochure/anti-aging-market
FREQUENTLY ASKED QUESTIONS
- What is anti-aging?
- At what CAGR, the global anti-aging market will expand during forecast years?
- What will be the market value of the global anti-aging market by the end of 2030?
- What are the factors driving the global anti-aging market growth?
- Which region will contribute notably towards the anti-aging market value?
- Who are the leading players in the global anti-aging market?
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