The global anti aging market size is likely to attain over USD 81.0 billion by the year 2028. Besides, it is likely to project a CAGR of nearly 6.7% during the forecast years 2021-2028. The current and prospective anti-aging products market advancement is analysed to determine the market's overall attractiveness. Key drivers driving the market for anti-aging goods include a growing elderly population, increasing awareness, and higher demand for anti-aging products across demographics. Consumers prefer natural ingredients-based anti-aging treatments over chemical-based anti-aging solutions, according to the present consumer environment. As a result, natural anti-aging products are anticipated to create new revenue opportunities for anti-aging product manufacturers.
The haircare category is expected to expand at a strong CAGR throughout the projected period, based on product. This expansion will be fueled largely by freshly released innovative goods such as shampoos, moisturisers, and oils, among others. Men have shown a strong preference for anti-aging hair care products, which is likely to fuel the segment's expansion. According to demographics, the baby boomers category lead the industry with a 37 percent market share in 2020. The growing number of baby boomers, as well as increased expenditure, are significant drivers driving the baby boomer market.
The haircare category is expected to expand at a strong CAGR throughout the projected period, based on product. This expansion will be fueled largely by freshly released innovative goods such as shampoos, moisturisers, and oils, among others. Men have shown a strong preference for anti-aging hair care products, which is likely to fuel the segment's expansion. According to demographics, the baby boomers category lead the industry with a 37 percent market share in 2020. The growing number of baby boomers, as well as increased expenditure, are significant drivers driving the baby boomer market.
According to researchers at the Brazilian Society of Dermatology, South America has seen extraordinary development as nations such as Brazil have an increasing middle-class population that greatly contributes to the rise of anti-aging goods since they widely utilise aesthetic treatments. Furthermore, there is a beauty cult in Brazil, which drives people to invest in these goods. Aside from that, it is a tropical country, which necessitates the usage of these items in order for the inhabitants to expose their skin.
Prominent players operating in the global Anti Aging market are Estée Lauder Inc., Bioderma, Procter & Gamble, PhotoMedex, Inc., Beiersdorf Limited, Cellex-C International Inc., The Boots Company PLC, Clarin’s, Kiehl’s and many more.
Segment Overview of Global Anti Aging Market
Product Overview, 2019-2028 (USD Million)
- Skincare
- Anti-wrinkle
- Anti-stretch
- Ultraviolet light scattering agent (UV absorbers)
- Natural products
- Others
- Haircare
- Hair Color
- Hair oil & serums
- Hair conditioner and shampoo
- Others
Demographics Overview, 2019-2028 (USD Million)
- Baby boomer
- Generation X
- Generation Y
Regional Overview, 2019-2028 (USD Million)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Rest of South America