The anti-aging market size is projected to touch over US$ 119. billion by 2030, growing at a CAGR of 7.9% every year, according to a 2022 study by Precedence Research, the Canada-based market Insight Company.
For decades, the healthcare specialists and cosmetologists have been responsible with restoring youthful appearances and as a result discovering answers to age-related problems. Various goods and services are constantly being introduced to the anti-aging market with the goal of restoring youthful appearances. The botulinum toxin injection therapies, breast implants, plastic surgeries, and other anti-aging treatments and products have been introduced as a result of technological improvements and large investments in research and development efforts. The strict laws and regulations have prompted producers to introduce safer and more effective anti-aging treatments that deliver immediate effects to consumers, hence expanding the anti-aging market’s growth prospects.
The anti-aging market is propelled by not only by the aging population, but also by the young population who are starting in their mid-age, care about their skin, body, and hair in order to delay the aging process particularly with their appearance. The majority of the youthful population is through significant environmental changes and leading a busy lifestyle, which has resulted in an increase in many problems and necessitates making them more aware of their beauty, health, and appearance. As a result, one of the primary drivers of the anti-aging market is the aging population.
The base year for the study has been considered 2021, the historic year 2017 and 2020, the forecast period considered is from 2022 to 2030. The anti-aging market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).
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Anti-aging Market Scope
Report Coverage | Details |
Market Size by 2030 | USD 119.6 Billion |
Growth Rate from 2022 to 2030 | CAGR of 7.9% |
Largest Market | North America |
Fastest Growing Market | Asia Pacific |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Anti-aging Market: Report Highlights
- Based on the products, anti-wrinkle segment is estimated to be the most opportunistic segment during the forecast period. This can be attributed to increased awareness of the impact of anti-wrinkle products.
- Based on the demography, the generation X segment dominated the global anti-aging market in 2020 with highest market share. This is mostly due to people’s increasing awareness of their skin’s look and as a result the need to lessen the indications of aging.
Anti-aging Market Regional Snapshot
Asia-Pacific is the largest segment for anti-aging market in terms of region. The Asia-Pacific region has been identified as one of the most appealing destinations for cosmetic surgery with governments in region supporting medical tourism for cosmetic procedures, which is seen to be the region’s major drivers in the anti-aging market.
North America region is the fastest growing region in the anti-aging market. Due to well-established infrastructure, increasing average life expectancies, and presence of key market players in the region, the anti-aging market in North America is expected to grow significantly.
Anti-aging Market Dynamics
Drivers
Shift in consumer preferences
The widespread availability of at-home anti-aging equipment for wrinkle reduction, skin rejuvenation, cellulite reduction, and microdermabrasion has led to an increase in customer interest. Furthermore, these products are scientifically advanced and portable. The popularity of at-home anti-aging solutions is on the rise globally, with adults seeking ways to retain their young appearance and the elderly focusing on measures to keep the indications of ageing at check. As a result, this shift in consumer preference is driving the growth of the anti-aging market during the forecast period.
Restraints
High cost of anti-aging treatments
The doctors and healthcare providers treat people with various type of processes and treatments against anti-aging. The anti-aging treatments such as hair restoration, anti-pigmentation, adult acne therapy, breast augmentation, liposuction, and chemical peel are quite expensive in nature. These types of anti-aging treatments use different types of devices such as laser aesthetic devices, microdermabrasion devices, and radio frequency devices. The products used in the treatments are premium in nature. As a result, high cost of anti-aging treatments is hampering the growth of the global anti-aging market over the projection period.
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Opportunities
Growing geriatric population
The geriatric population is growing at a rapid pace. This kind of people faces variety of skin problems. Those issues mostly include wrinkles. Therefore, doctors recommend them to use anti-aging creams and lotions. Therefore, there is huge demand for anti-aging products globally. Furthermore, due to technological advancements, the key market players are developing new techniques for the treatment of anti-aging among senior or old people. This factor is creating lucrative opportunities for the expansion of the global anti-aging market.
Challenges
Adverse side effects of anti-aging products
As customers want organic and natural skincare products, the popularity of chemical-based anti-aging and anti-wrinkle treatments is expected to decline. This is due to a number of incidents in which the negative consequences of these items have been revealed. These products may cause reactions ranging from moderate irritation to allergic contact dermatitis in people who are sensitive to them. The high-dose chemical content may raise the risk of skin allergies, limiting sales potential for anti-aging product manufacturers. Thus, adverse side effects of anti-aging products are a biggest challenge for the expansion of the anti-aging market.
Key Players
Some of the prominent players in the global anti-aging market include:
- Unilever Group
- GALDERMA LABORATORIES L.P.
- Procter & Gamble (P&G) Company
- Nu Skin Enterprises Inc.
- Hologic Inc.
- Pierre Fabre S.A.
- Shiseido Company Limited
- Candela Corporation
- Home Skinovations Ltd.
- Estee Lauder
Segments Covered in the Report
By Products
- Anti-wrinkle
- Hair color
- Ultraviolet absorption
- Anti-stretch mark
By Treatment
- Hair restoration
- Anti-pigmentation
- Adult acne therapy
- Breast augmentation
- Liposuction
- Chemical peel
By Demography
- Generation X
- Baby Boomers
- Generation Y
- Generation Z
By Devices
- Anti-cellulite treatment
- Laser aesthetic devices
- Microdermabrasion devices
- Radio frequency devices
- Others
By End User
- Hospitals
- Clinics
- Home healthcare
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Philippines
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Anti-aging Market
5.1. COVID-19 Landscape: Anti-aging Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Anti-aging Market, By Products Type
8.1. Anti-aging Market, by Products Type, 2022-2030
8.1.1. Anti-wrinkle
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Hair color
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Ultraviolet absorption
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Anti-stretch mark
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Anti-aging Market, By Treatment Type
9.1. Anti-aging Market, by Treatment Type, 2022-2030
9.1.1. Hair restoration
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Anti-pigmentation
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Adult acne therapy
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Breast augmentation
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Liposuction
9.1.5.1. Market Revenue and Forecast (2017-2030)
9.1.6. Chemical Peel
9.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Anti-aging Market, By Demography Type
10.1. Anti-aging Market, by Demography Type, 2022-2030
10.1.1. Generation X
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Baby Boomers
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Generation Y
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Generation Z
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Anti-aging Market, By Devices Type
11.1. Anti-aging Market, by Devices Type, 2022-2030
11.1.1. Anti-cellulite treatment
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Laser aesthetic devices
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Microdermabrasion devices
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Radio frequency devices
11.1.4.1. Market Revenue and Forecast (2017-2030)
11.1.5. Others
11.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Anti-aging Market, By End User Type
12.1. Anti-aging Market, by End User, 2022-2030
12.1.1. Hospitals
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Clinics
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Home healthcare
12.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Anti-aging Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Products (2017-2030)
13.1.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.1.3. Market Revenue and Forecast, by Demography (2017-2030)
13.1.4. Market Revenue and Forecast, by Devices (2017-2030)
13.1.5. Market Revenue and Forecast, by End User (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Products (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.1.6.3. Market Revenue and Forecast, by Demography (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Devices (2017-2030)
13.1.7. Market Revenue and Forecast, by End User (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Products (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.1.8.3. Market Revenue and Forecast, by Demography (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Devices (2017-2030)
13.1.8.5. Market Revenue and Forecast, by End User (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Products (2017-2030)
13.2.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.2.3. Market Revenue and Forecast, by Demography (2017-2030)
13.2.4. Market Revenue and Forecast, by Devices (2017-2030)
13.2.5. Market Revenue and Forecast, by End User (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Products (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.2.6.3. Market Revenue and Forecast, by Demography (2017-2030)
13.2.7. Market Revenue and Forecast, by Devices (2017-2030)
13.2.8. Market Revenue and Forecast, by End User (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Products (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Demography (2017-2030)
13.2.10. Market Revenue and Forecast, by Devices (2017-2030)
13.2.11. Market Revenue and Forecast, by End User (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Products (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.2.12.3. Market Revenue and Forecast, by Demography (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Devices (2017-2030)
13.2.13. Market Revenue and Forecast, by End User (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Products (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.2.14.3. Market Revenue and Forecast, by Demography (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Devices (2017-2030)
13.2.15. Market Revenue and Forecast, by End User (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Products (2017-2030)
13.3.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.3.3. Market Revenue and Forecast, by Demography (2017-2030)
13.3.4. Market Revenue and Forecast, by Devices (2017-2030)
13.3.5. Market Revenue and Forecast, by End User (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Products (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.3.6.3. Market Revenue and Forecast, by Demography (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Devices (2017-2030)
13.3.7. Market Revenue and Forecast, by End User (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Products (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Demography (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Devices (2017-2030)
13.3.9. Market Revenue and Forecast, by End User (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Products (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Demography (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Devices (2017-2030)
13.3.10.5. Market Revenue and Forecast, by End User (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Products (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.3.11.3. Market Revenue and Forecast, by Demography (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Devices (2017-2030)
13.3.11.5. Market Revenue and Forecast, by End User (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Products (2017-2030)
13.4.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.4.3. Market Revenue and Forecast, by Demography (2017-2030)
13.4.4. Market Revenue and Forecast, by Devices (2017-2030)
13.4.5. Market Revenue and Forecast, by End User (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Products (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.4.6.3. Market Revenue and Forecast, by Demography (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Devices (2017-2030)
13.4.7. Market Revenue and Forecast, by End User (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Products (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Demography (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Devices (2017-2030)
13.4.9. Market Revenue and Forecast, by End User (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Products (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Demography (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Devices (2017-2030)
13.4.10.5. Market Revenue and Forecast, by End User (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Products (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.4.11.3. Market Revenue and Forecast, by Demography (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Devices (2017-2030)
13.4.11.5. Market Revenue and Forecast, by End User (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Products (2017-2030)
13.5.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.5.3. Market Revenue and Forecast, by Demography (2017-2030)
13.5.4. Market Revenue and Forecast, by Devices (2017-2030)
13.5.5. Market Revenue and Forecast, by End User (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Products (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.5.6.3. Market Revenue and Forecast, by Demography (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Devices (2017-2030)
13.5.7. Market Revenue and Forecast, by End User (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Products (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Treatment (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Demography (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Devices (2017-2030)
13.5.8.5. Market Revenue and Forecast, by End User (2017-2030)
Chapter 14. Company Profiles
14.1. Unilever Group
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. GALDERMA LABORATORIES L.P.
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Procter & Gamble (P&G) Company
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Nu Skin Enterprises Inc.
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Hologic Inc.
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Pierre Fabre S.A.
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Shiseido Company Limited
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Candela Corporation
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Home Skinovations Ltd.
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Estee Lauder
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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Frequently Asked Questions:
[sc_fs_multi_faq headline-0=”h6″ question-0=”Which are the driving factors of the anti-aging market?” answer-0=”The anti-aging market is propelled by not only by the aging population, but also by the young population who are starting in their mid-age, care about their skin, body, and hair in order to delay the aging process particularly with their appearance. ” image-0=”” headline-1=”h6″ question-1=”What is the current size of anti-aging market?” answer-1=”According to Precedence Research, the global anti-aging market was reached at US$ 60.42 billion in 2021 and is anticipated to rake US$ 119.6 billion by 2030. ” image-1=”” headline-2=”h6″ question-2=”What will be the CAGR of global anti-aging market?” answer-2=”The global anti-aging market is growing at a CAGR of 7.9% over the forecast period 2022 to 2030. ” image-2=”” headline-3=”h6″ question-3=”Who are the major players operating in the anti-aging market?” answer-3=”The major players operating in the anti-aging market are Unilever Group, GALDERMA LABORATORIES L.P., Procter & Gamble (P&G) Company, Nu Skin Enterprises Inc., Hologic Inc., Pierre Fabre S.A., Shiseido Company Limited, Candela Corporation, Home Skinovations Ltd., and Estee Lauder. ” image-3=”” headline-4=”h6″ question-4=”Which region will lead the global anti-aging market?” answer-4=”North America region will lead the global anti-aging market over the forecast period. ” image-4=”” count=”5″ html=”true” css_class=””]