Global Anti Aging Products Market Share, Sector / Industry Report & Analysis, 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Anti Aging Products Market


The global anti aging products market size was valued at USD 36.2 billion in 2018. Rising consumer awareness regarding ant-aging effects is expected to promote the importance of personal appearance, thereby driving the market. The companies are increasing their spending on the expansion of their product lines by understanding the market opportunity.
Another factor contributing to the market growth is growing ageing population. It has been observed that people between the age group of 30 to 45 are increasingly using anti-aging products to look younger. This age-group is significantly facing aging anxiety due to high prevalence of extrinsic signs of aging.
 
Intrinsic aging leads to changes in facial appearance such as collagen, loss of skin elasticity melanin production, decrease in dermal collagen, and hair follicles. Consumers are more interested in using these products in order to limit the occurrences of the above-mentioned problems. Over the past few years, demand for cosmetic surgical procedures has been continuously increasing across the globe as a result of growing appearance consciousness and rising aging population.
Concerns over facial appearance are mostly observed among the women population, which is driving them to opt for various cosmetic procedures such as dermal fillers, Botox, facelift, and chemical peels. As per the report of ISAPS, in 2016 around 8,548,597 injectable procedures such as dermal fillers and Botox were performed at a global level.

Market Segmentation, Outlook & Viewpoint: Global Anti Aging Products Market


Product Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025)

Skin Care

Hair Care


Distribution Channel Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025)

Supermarkets & Hypermarkets

Convenience Stores

Online


Key Players, Recent Developments & Regional Insights: Global Anti Aging Products Market


Skin care accounted for the largest share of over 60.0% share in 2018. Companies are investing in research and development to come up with innovative products. Oils and serums are increasingly used as compared to creams and lotions as they can easily penetrate into the skin. Features including non-greasy lightweight texture that help it to penetrate the skin easily is another factor driving the consumers to purchase this product. Furthermore, rising awareness about the usage of chemicals in anti-aging products is driving consumers to use natural products. For instance, in 2016, 57% of the U.S. women claimed to prefer natural skin care products for their daily usage.
The hair care segment are expected to expand at a CAGR 6.0% from 2019 to 2025. Premature hair fall due to pollutionis a major factor driving the market. Another factor boosting this market growth is rising product launches such as shampoos and hair oils by major players. There has been a significant rise in the demand for anti-aging hair care products by men, which is further expected to drive the market.
Distribution Channel Insights
Supermarkets and hypermarkets accounted for over 50.0% share of the global revenue in 2018. Consumers prefer to purchase the items from supermarkets due to availability of wide range of options, along with the choice to physically verify the products before any purchase. Extensive promotional campaigns by leading brands and renovated structure of hypermarkets played a crucial role in promoting sales volume from these stores. Growth of the organized retail sectors has been driving the industry by providing ample space and visibility for the existing as well as local brands to offer their products.
 
The online category is anticipated to expand at the fastest CAGR of 7.3% from 2019 to 2025. Consumers are more inclined towards purchasing their required items from the online stores due to the doorstep delivery system. Another factor driving the segment is ease of product comparison in limited time span. Online channels provide access to consumers so that they can compare different brands and understand their benefits.

Regional Insights
North America accounted for more than 35.0% share of the global revenue in 2018. It has been observed that a large number of the U.S. population believe in a healthy living lifestyle. To prevent the sign of aging, one-third of the U.S. adults use the anti-aging products on a daily basis. Proctor & Gamble accounted for the largest share in this region. Some of the popular brands in this region are Lotus, Olay, and Neutrogena.
Asia Pacific is expected to be the fastest growing segment, expanding at a CAGR of 6.3% from 2019 to 2025. Increasing disposable income and growing consumer awareness about the usage of anti-aging cream, especially in developing countries including China, India, and Bangladesh, are contributing to the market growth. Presence of a large population of generation-X in the above-mentioned countries will remain a favorable factor over the next few years.
Anti Aging Products Market Share Insights
Key manufacturers include Estée Lauder Inc.; Bioderma; Procter & Gamble; PhotoMedex, Inc.; Beiersdorf Limited; Lumenis; Clarin’s; Kiehls’s; pmdbeauty.com & Age Sciences Inc.; Cellex-C International Inc.; and The Boots Company PLC. The manufacturers are focusing on product innovations to attract more customers. For instance, in January 2018, Estée Lauder launched a product line under the brand, Perfectionist Pro collection. The collection includes the Rapid Firm + Lift Treatment Acetyl Hexapeptide-8, which helps the skin to repair naturally.

Key Insights Covered: Global Anti Aging Products Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Anti Aging Products industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Anti Aging Products industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Anti Aging Products industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Anti Aging Products industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Anti Aging Products industry.

Research Methodology: Global Anti Aging Products Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other