Anti-aging Market 2018 Global Leading Players, Industry Updates, Future Growth, Business Prospects, Forthcoming Developments and Future Investments by Forecast to 2023
Anti-aging Market report provides competitive outlook including the market share and company profiles of the key participants operating in the global market. Anti-aging market report presents a comprehensive overview, market shares, and growth opportunities of Anti-aging market by product type, application, key manufacturers and key regions and countries.
In 2017, the global anti-aging market was estimated at USD 324.6 billion and is expected to reach a value of USD 429.0 billion by 2022 , at a CAGR of 5.73% during 2018-2023 (the forecast period). As of 2017, North America, followed by Europe and Asia-Pacific, held up to 60% of the market share.
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Regional Segment Analysis:
US, Canada, UK, Russia, Norway, China, India, Japan, Brazil, Venezuela, Mexico, Saudi Arabia, Iran, UAE.
Accelerating Demand for Skincare Products:
In 2016, the anti-wrinkle products segment accounted for the largest market share of about 43% that is expected to reach 70% by 2022 . The natural products segment is expected to witness the highest growth rate, due to the side effects associated with cosmetics and chemical-based products. The demand for different types of anti-aging products and services has been growing since the past years.
Growing aging population worldwide, increasing number of medical tourism for cosmetic procedures, rising consumer demand for anti-aging products, and the strict regulations are the other factors driving the market. Moreover, these factors have led to the introduction of safe and efficient anti-aging products and services in the market.
Aesthetic Plastic Surgery becomes a New Trend:
With the rising beauty consciousness among people, there is a potential market for anti-aging devices and aesthetic plastic surgeries. Aesthetic is a new trend, worldwide, which has covered a major chunk of the market. According to the American Society for Aesthetic Plastic Surgery, in 2014, Americans spent around USD 12 million on aesthetics and nearly 50,000 cosmetic procedures were performed in the United Kingdom, last year.
However, factors, like stringent regulatory environment etc., are making consumers be skeptic regarding the global anti-aging market, thus, in turn, this factor is restraining the market growth.
Japan One of the Established Markets for anti-aging products:
Japan is becoming one of the established markets for the anti-aging products and services, because of the modern lifestyles of Japanese populace. Countries, like the United States, and regions, like Europe and Australia, are also a few leading markets, globally. The Japanese anti-aging market is evolving because of the new product introductions and services being provided . Japan has been the world’s longest life expectancy for women for more than two decades.
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Key Developments in the Market:
- January 2018: USANA announced the launch of a new skincare line in 2018 Celavive, which is likely to revolutionize the market and has the unique ability to reduce the appearance of wrinkles, improve the tone and texture of the skin.
- January 2018: Vernell launched its new anti-aging gel for men that promises excellent skin revitalization and firmness.
- Cellifique is a new collagen injectable that is quite natural looking and doesn’t result in the discoloration and has shown a promise in the reduction of wrinkles around the mouth.
Why to Purchase Anti-aging Market Report:
- To Analyze the various market perspectives during the forecast year 2018-2023.
- Identify the top competitors, latest developments, upcoming strategies by Anti-aging market players.
- Identify the market approach, research methodology and market dynamics of Anti-aging market.
- Identify the market size, share and competitive intelligence of Anti-aging market
- Identify the Anti-aging market segment by types, end-users, and regions.
- To analyze the market investments and future market trends of Anti-aging market.
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Detailed TOC of Anti-aging Market:
1.1 Market Definition
- Research Methodology
- Executive Summary
- Key Inferences
- Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threats of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry within the Industry
- Drivers, Restraints, Opportunities and Challenges Analysis (DROC)
6.1 Market Drivers
6.1.1 Growing Geriatric Population
6.1.2 New Products with Enhanced Efficacy and Safety
6.1.3 Increasing Medical Tourism for Cosmetic Procedures
6.2 Market Restraints
6.2.1 Complications Due To Cosmetic Fillers
6.2.2 Stringent Regulatory Guidelines on Cosmetics
6.4 Key Challenges
- Market Segmentation
7.1 Segmentation-By Product Type
7.1.1 Anti-wrinkle Product
7.1.2 Anti-stretch Mark Product
7.1.3 Hair Color
7.1.4 UV Absorber
7.1.5 Natural Product
7.2 By Service
7.2.1 Acne Treatment
7.2.3 Liposuction Service
7.2.5 Chemical Peel
7.2.6 Eyelid Surgery
7.2.8 Hair Restoration
7.3 By Device
7.3.1 Radio-Frequency Devices
7.3.2 Laser Therapy
7.3.3 Anti-Cellulite Treatment Device
7.3.4 Microdermabrasion Device
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