What is Anti-aging Market Scope?
The anti-aging market is tremendously growing due to rise in aging populations in several developed and developing countries. It is also became a catalyst in the growth of anti-aging market. The rising number of medical tourism for cosmetic procedures and technological advancement in the field of anti-aging leads to better services.It has been observed that increasing production of cosmetics products by the key players in the market coupled with mergers and acquisition is expected to flourish the global anti-aging market in future. The manufacturers of anti-aging are expanding their businesses in Europe countries as these countries are focused on development of new product portfolio.
The Anti-aging market study is being classified by Type (Dermal Fillers, Botox, Anti-stretchmark, Hair Color, Anti-wrinkle, UV Absorber and Natural Product), by Application (Anti-pigmentation, Anti-adult Acne, Breast Augmentation, Liposuction, Abdominoplasty, Chemical Peel, Eye Lid Surgery, Hair Restoration and Sclerotherapy) and major geographies with country level break-up. According to AMA, the Global Anti-aging market is expected to see growth rate of 7.6% and may see market size of USD120.8 Million by 2025.
Allergan Inc. (Ireland), L’Oreal, SA (France), Cynosure Inc. (United States), Alma Lasers Ltd (Israel), Solta Medical Inc. (United States), Beiersdorf AG (Germany), Coty Inc. (United States), Personal Microderm (United States), Lumenis Ltd. (Israel) and Photomedex Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Shiseido (Japan), Estee Lauder (United States), Unilever (United Kingdom) and Procter & Gamble (United States).
Analyst at AMA have segmented the market study of Global Anti-aging market by Type, Application and Region. On the basis of Type, Product Type are dominating the market in the year 2019 where as Anti-wrinkle stood as second largest market share.
On the basis of application, Application segment is dominating the market in the year 2019
On the basis of geography, the market of Anti-aging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their development strategies
In January 2019, Gryphon, a private equity firm acquired RoC Skincare, This acquisition is beneficial in providing innovative products and complete skincare solution. It’s also useful for company to expand the business portfolio in different regions.
In January 23, 2018, Estee Lauder introduced an Instant Wrinkle Filler Tri-Polymer Blend, which is beneficial in delivers filling spheres to decrease the look of fine lines and with repeated use, also helps skin increase collagen production and promote cell turnover.
“According to Food and Drug Administration (FDA), it’s denoted that, cosmetics must be safe when consumers use them according to product labeling, or the way in which the products are customarily used. But the law does not require cosmetics to be approved by FDA before they go on the market. Drugs, however, must have FDA approval for both safety and effectiveness before they go on the market. Similarly, medical devices must go through FDA’s clearance process”.
Influencing Market Trend
- Growing Demand For Organic products.
- Anti-aging Market Growth with Increase of Premium Consumer
- Growing Aging Population Worldwide Leads to Boost the Anti-Aging Market.
- Increase in demand of Beauty Consciousness among the People.
- Increase in Use of Anti-Aging Devices and Aesthetic Plastic Surgeries.
- Top Players are Focusing on Bringing Technological Advancement in the Anti-Aging Treatment Products.
- Adaptation of Sedentary Lifestyle Will Boost the Anti-Aging Market.
- High Cost Associated with Anti-Aging Products.
- Rise in Disposable Incomes of People in Emerging Economies Will Boost the Anti-Aging Market
- Side-Effects Associated With Maximum Use of Chemical Products.
Key Target Audience
Anti-Aging Manufacturers, Anti-Aging Traders, End-Use Market Participants of Different Segments of Anti-Aging, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research & Media features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.