Anti-aging Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Anti-aging Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : October, 2020 | Medical Devices | PPT format

Report Digest


Global Anti-aging Market: Snapshot

The global market for anti-aging products is expected to be heavily influenced by the influx of the innovative products and technological advancements in the industry. The customers of these anti-aging products are always looking to reverse the aging factors and thus helps in driving the overall development of the global market. The products that will delay the aging signs of the skin are expected to gain more popularity among consumers. However, the chief focus of the companies in the global anti-aging market is on making use of natural elements and ingredients in the products. This is due to the growing concerns and skepticism of the consumers regarding the use of the chemicals and their hazardous side effects.

The global anti-aging market can be considered to be still under development. This is one of the chief reasons for the apprehensive approach of the customers towards the market. However, due to the technological advancements, the global market for anti-aging products is expected slowly develop and win the vote of confidence of the consumers across the globe about these anti-aging products. In addition to this, the nations that give a larger share of baby boomer population are expected to give a significant boost to the overall development of the global anti-aging market. The increasing rate of population growth across the globe is also expected to act as an important driving factor for the steady development of the global market over the course of the given forecast period of 2017 to 2025. 

Global Anti-aging Market: Overview 

The anti-aging market is primarily influenced by novelty and technological advancement as consumers look for innovative ways to reverse aging. However, the principal focus is on natural ingredients are consumers are skeptical about the inclusion of chemicals and other unnatural ingredients. Baby boomers and Generation X or Gen X are the most marketed and targeted consumer groups due to their higher demand and disposable income. In the U.S., baby boomers own a 70.0% of the disposable income and account for a 44.0% of the population. Gen X is considered to be the most aware group of consumers who are actively looking for ways to mask or delay aging signs. 

Global Anti-aging Market: Key Trends 

The skepticism of consumers on the part of anti-aging products and services offered is expected to keep the world anti-aging market still under the ‘developing’ category. However, technological advancements are forecasted to gradually restore the faith of consumers in anti-aging products. Moreover, countries that accommodate a larger size of baby boomer population are anticipated to fuel the growth in the anti-aging market. The rising rate of population worldwide is also considered to be a major factor driving the furtherance of the global market. 

The resiliency of the market is evident through the fact that even during financial downturns consumers have maintained their purchase rate by shifting their preference to mass-marketed and economical offerings. 

Products that reverse or control aging signs are predicted to increase in popularity as uneven skin tone, dark circles under the eye, dry skin, age spots, and hyperpigmentation become more common. As a result, the need to address various aging concerns witnessed globally is projected to emerge as a concluding factor that will decide the progress of the anti-aging market. Producers are introducing novel products and services to the market to satisfy the demand for a variety of beauty-related offerings. 

Global Anti-aging Market: Market Potential 

After Novuhair, an anti-aging hair loss offering, Nutramedica Inc. has launched a naturally-derived anti-aging food supplement with Cory Quirino as the brand ambassador. A.k.a. ‘Forever Young’ and ‘Ageless,’ Novuskin Lift is advertised as Quirino’s anti-aging secret which is packed with 18 natural skin-lightening and anti-aging extracts. While this product focuses on anti-aging, there are other products which focus on aging better instead. 

Planted in Beauty is catered to those interested in a holistic approach toward aging, in other words, making oneself feel good than fixing the aging. Dropped out of an uber-fancy brand, the two makers of the skin care line and industry veterans are looking to prove how it is more beneficial to age healthily than fighting age. The duo, Renee Tavoularis and Lynne Florio, are ready to launch Planted in Beauty in April 2017. 

Global Anti-aging Market: Regional Outlook 

The elevating measure of disposable income in the Asia Pacific region is envisaged to raise the bar for the international anti-aging market. The demand in this region is foretold to see a substantial advancement as a growing number of consumers accept newer technologies, devices, and other innovations. 

The surging incidences of sedentary lifestyle and rising concerns regarding signs of aging are envisioned to set the tone for the North America anti-aging market. Owing to which, North America could take command of the global market in terms of share. Other geographies such as Europe and Rest of the World could also share their part for global market growth. 

Global Anti-aging Market: Competitive Landscape 

Some of the leading companies taking precedence in the world anti-aging market are Lumenis Ltd., Photomedex Inc., Coty Inc., Personal Microderm, Beiersdorf AG, Alma Lasers Ltd., Solta Medical Inc., Cynosure Inc., Allergan Inc., and L’Oreal SA.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?