Title: Global Anti Aging Market Share, Size, Growth, Trends And Forecast 2018-2023
1 Global Anti-Aging Market Spurred by Increasing
Focus on Physical Appearances
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3Report Description and Highlights
Report Description
Global Anti-Aging Market Spurred by Increasing
Focus on Physical Appearances The global
anti-aging market has been witnessing a positive
growth over the past several years. This can be
accredited to advancements in technology, a
steady rise in aging population and increasing
disposable incomes of the consumers. Aging is
brought about by a cycle of various biochemical
processes in the body that affect it, both
internally and externally. Anti-aging products
are designed to reduce or diminish the effects of
aging and include powdered supplements, skin
creams, and facial masks. A new research report
by IMARC Group, titled Anti-Aging Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023, estimates that the
market was worth US 47 Billion in 2017. The
report further anticipates the market to cross
US 73 Billion by 2023, at a projected CAGR of
7.5 over the forecast period.
4Report Description and Highlights
5Report Description and Highlights
Report Description
- Market Drivers/Constraints
- As a result of advancement in the field of
medicine, the average life-span of an individual
has increased as compared to the earlier times.
This has led to a rise in the population of
people aged 50 years and above, which is
significantly contributing to the demand for
anti-aging products. - With increasing focus on physical appearances,
both young and old consumers are seeking out
anti-aging and preventive skin and hair care
solutions. This trend, coupled with the rising
consumer base for quick and effective anti-aging
solutions, has boosted the demand for various
anti-aging products. - Due to technological developments, and
introduction of safer and more effective
anti-aging cosmetics in the market, the
consumer-base of these products has rapidly
expanded, thereby facilitating the market growth. - The market is restrained by factors such as high
costs of research and development, and
manufacturing, strict regulations for
manufacturers and the presence of counterfeit
products. -
-
- Read full report _at_ https//www.imarcgroup.com/anti
-aging-market
6Report Description and Highlights
Report Description
Product Type Insights There are a large number
of anti-aging products available in the market
for the varying needs of the consumers.
Currently, anti-wrinkle products dominate the
market, accounting for the majority of the total
share. They are followed by anti-pigmentation
products, sunscreen products and hair care
products. Demographic Insights The anti-aging
market has been segmented on the basis of key
demographic factors such as age, gender and
income group. Currently, people belonging to the
age group of 35-55-year account for majority of
the total consumption, and the market is
dominated by females and people belonging to
high-income group. Industry Insights Since most
signs of aging like wrinkles, cellulite,
pigmentation and sagging, start appearing on the
skin first, the anti-aging skin care market
currently represents the largest industry,
holding more than half of the total share. It is
followed by anti-aging hair-care industry and
anti-aging dental-care industry. Devices and
Technology Insights The major devices used for
anti-aging procedures include microdermabrasion
devices and aesthetic energy devices, which are
further classified into radio frequency devices
and ultrasound devices. Request Sample Of The
Report https//www.imarcgroup.com/request?typere
portid672flagB
7Report Description and Highlights
Report Description
- Regional Insights
- On a geographical front, the United States
accounts for the largest share in the global
anti-aging market on account of high consumer
awareness regarding anti-aging products. The
United States is followed by Japan, France,
Brazil, Germany, China, South Korea and Italy. - Competitive Landscape
- There is high internal rivalry in the anti-aging
industry. With the presence of prominent domestic
as well as international players, it is very
difficult for a firm to survive in the global
anti-aging market. Some of the leading players
operating in the market are - Allergan
- LOréal
- Beiersdorf
- Estee Lauder
- Procter Gamble
- Shiseido
- Unilever
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8Report Description and Highlights
Report Description
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