Anti-Aging Products Market

Anti-Aging Products Market is expected to witness a CAGR of approximately 5.8% during the forecast period, 2023-2030.

Anti-Aging Products Market Overview

Anti-aging products contain various ingredients such as antioxidants, magnolia, and arctiin, which help in reducing wrinkles and fine lines while hydrating the skin. These products offer exceptional benefits such as improves the elasticity of the skin and reduces skin dryness. The anti-aging creams moisturize, brighten, tighten, and lift up the skin, especially the skin around eyes and neck. Various anti-aging products are readily available across different distribution channels, including online stores, hypermarkets, and hyperstores, to capture the growing demand for these products at the global level.

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Major Anti-Aging Products Market Drivers

Growing consumer awareness about the benefits offered by the anti-aging products along with the increasing disposable income of consumers are the key drivers of the Global Anti Aging Products Market. The growing aging population and the rising problems related to the wrinkles among consumers worldwide will drastically boost the demand for anti-aging products over the coming years. Moreover, the increasing consciousness regarding physical appearances, specially among the women population, will positively influence the growth of the market. The growing concerns associated with the aging anxiety and growing trend of attractive personal appearance are encouraging the consumers towards these products for enhanced personality. In addition to this, the rising problems related to facial appearance, such as loss of skin elasticity, collagen, and other effects, will further increase the demand for anti-aging products across the globe. However, the increasing usage of harmful ingredients in the anti-aging products and the availability of counterfeit products will restrain the growth of the Global Anti-Aging Products Market during the forecast period.

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Based on the product type, the skincare anti-aging products are expected to grow at a higher CAGR during the forecast period owing to the increasing demand for skincare products among consumers across the globe. Moreover, the growing skin problems related to wrinkles, fine lines, and dark circles will promote the usage of anti-aging skincare products. The haircare anti-aging products are anticipated to lead the market during the forecast period due to the increasing demand for anti-aging hair care products, especially among the men population, followed by the rising cases of premature hair fall. In addition to this, the continuous expansion in the product portfolio, such as organic hair oils and shampoos to capture the changing demand of the consumers will drive the growth of the market.

Based on the distribution channel, the hypermarket segment is anticipated to lead the market during the forecast period due to the easy availability of a wide range of product options under one roof. Moreover, the growing number of organized retail stores especially in the emerging economies will promote the consumers to opt for hypermarkets for their personal care products shopping. The online segment is also projected to grow at a higher CAGR over the forecast period. Online Mode provides 24*7 access to consumers with an easy product comparison option and free home delivery.

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Regional – Segment Analysis

Based on the region, the North America region is anticipated to lead the market during the forecast period due to the shift in consumer preference’s towards beard care products for an enhanced look. The Asia-Pacific region is expected to grow at a higher CAGR during the forecast period due to the rising disposable income of consumers and increasing awareness regarding the benefits offered by the anti-aging creams in the developing economies such as India, China, and Bangladesh. Moreover, rapid urbanization and the availability of innovative products will further attract a large number of consumers into the market.

Top Market Players

Various notable players operating in the market include L’Oréal S.A., The Procter & Gamble Company, Unilever plc, ShiseidoCompany Limited, The Estée Lauder Companies Inc., Beiersdorf AG, Avon Products, Inc., Coty Inc., Johnson & Johnson, Allergan Plc, among others.

Key Developments:

• • In 2019, Unilever acquired Tatcha LLC to expand its natural-based skincare products business in the global market. Through this strategic acquisition, Unilever strengthened it’s position in the anti-aging products market.
  • In 2018, The Estée Lauder Companies Inc. launched a product line under the brand i.e., Perfectionist Pro collection.

Segments covered in the Report:

The Global Anti-Aging Products Market has been segmented on the basis of product type, distribution channel and key regions. Based on product type, the market is segmented into skincare and haircare. Based on distribution channel, the market is segmented into online stores, hypermarkets, specialised stores and others.

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Report Coverage	Details
Market Revenues (2022)	USD billion
Market Base Year	2022
Market Forecast Period	2023-2030
Base Year & Forecast Units	Value (USD billion)
Market Segment	By Product Type, By Distribution Channel, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	L’Oréal S.A., The Procter & Gamble Company, Unilever plc, Shiseido Company Limited, The Estée Lauder Companies Inc., Beiersdorf AG, Avon Products, Inc., Coty Inc., Johnson & Johnson, Allergan Plc; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation:

Global Anti-Aging Products Market by Product Type

• • Skincare
  • Haircare

Global Anti Aging Products Market by Distribution Channel

• • Online
  • Hypermarkets
  • Specialised Stores
  • Others

Global Anti Aging Products Market by Region

• • North America Anti-Aging Products Market Option 1: As a part of the free 25% customization

    • North America Market by Product Type
    • North America Market by Distribution Channel
    • United States of America (US) Market All-Up
    • Canada Market All-Up

  • Europe Anti Aging Products Market Option 2: As a part of the free 25% customization

    • Europe Market by Product Type
    • Europe Market by Distribution Channel
    • United Kingdom (UK) Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Anti-Aging Products Market Option 3: As a part of the free 25% customization

    • Asia-Pacific Market by Product Type
    • Asia-Pacific Market by Distribution Channel
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • ROW Anti-Aging Products Market Option 4: As a part of the free 25% customization

    • RoW Market by Product Type
    • RoW Market by Distribution Channel
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Anti-Aging Products Market Players (Option 5: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • L’Oréal S.A.
  • The Procter & Gamble Company
  • Unilever plc
  • Shiseido Company Limited
  • The Estée Lauder Companies Inc.
  • Beiersdorf AG
  • Avon Products, Inc.
  • Coty Inc.
  • Johnson & Johnson
  • Allergan Plc