Anti-aging Market is Expected to Surpass the Value of US$ 284.8 Bn by 2028
The anti-aging product industry is driven by growing awareness of anti-aging products for the body and skin in the younger generation.
WILMINGTON, DELAWARE, UNITED STATES, October 17, 2023 /EINPresswire.com/ -- The Anti-aging Market encompasses a range of products, including gels, serums, creams, and others, targeting both male and female consumers. This market has witnessed significant growth and is projected to continue expanding, with an estimated compound annual growth rate (CAGR) of 4.4% from 2021 to 2028. In 2020, the global market was valued at approximately US$163.8 billion, and it is anticipated to surpass US$284.8 billion by the end of 2028.Increasing Awareness in Younger Generations: The younger generation is becoming increasingly conscious of the signs of aging, particularly in terms of skin and overall body health. Factors such as pollution, unhealthy diets, and alcohol consumption have led to a rise in skin complications, prompting individuals to take better care of their skin. This awareness is driving the demand for various anti-aging products, including creams, lotions, and gels.
๐๐๐ญ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐๐ฌ๐ญ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1754
Skin Care Treatments and Cosmetic Procedures: Many people are opting for skin care treatments and cosmetic procedures to enhance their appearance, reduce pigmentation, and address damage caused by ultraviolet rays. The desire to maintain a youthful and healthy appearance is a significant factor contributing to the demand for anti-aging solutions.
Aging Population and Market Innovation: The global aging population and the presence of numerous market players offering innovative solutions for skin concerns are further fueling the growth of the anti-aging market.
Global Anti-aging Market: Key Players
โข Procter & Gamble Co.
โข Johnson & Johnson
โข Unilever plc
โข Shiseido Company, Limited
โข ZO Skin Health, Inc.
โข LโOrรฉal Paris
โข The Estรฉe Lauder Companies, Inc.
โข Beiersdorf
โข PHYTOMER
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=1754
Key Drivers for Growth
Increased Awareness of Age-Related Skin Issues: Consumers are becoming more aware of age-related skin problems, including fine lines, wrinkles, and skin dullness. This awareness is driving them to invest in products that help preserve youthful skin, thus boosting the global anti-aging market.
In summary, the global anti-aging market is witnessing robust growth, driven by a growing awareness of age-related skin concerns, increased consumer spending on skin preservation, and China's significant role in the market's expansion. This market is poised to continue its upward trajectory in the coming years.
Market Segmentation
By Product
โข Serums
โข Creams
โข Gels
โข Others
By Target Group
โข Male
โข Female
By Ingredient
โข Retinoid
โข Hyaluronic Acid
โข Alpha Hydroxy Acid
โข Others
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By Distribution Channel
โข Pharmacies
โข Stores
โข Online Stores
By Treatment
โข Body Care Treatment
โข Facial Care Treatment
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก โ
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