Anti-aging basically refers to the use of devices, products, and therapies to reduce the look of getting old. Anti-aging products aids in hydrating the skin. Well-known constituents such as antioxidants, magnolia, arctiin, Q 10, and hyaluronan assist the moisture buildup, dismissing radicals and wrinkles.
The global anti-aging products and therapies market is anticipated to witness growth during the forecast period owing to increase in the aging population, growing beauty consciousness, and rising request cosmetic products. Further, rising innovations in anti-aging products and their enhanced effectiveness is expected to fuel the market growth. In addition, manufacturers across the world are expanding by developing new products and lessen the diverse signs of aging. To cite, SH Cosmetics Group’s Erlin Cosmetics, a prominent and well-reputed Korean beauty aesthetics brand, will launch a new set of luxury anti-aging beauty products at the forthcoming Cosmoprof Asia Digital Week presenting their exclusive N-BTX Microcapsule time-release ingredient delivery system.
The global anti-aging products and therapies market can be categorized based on active ingredients, product, demography, therapies & services, end user, and region. The market, by product, is divided into anti-wrinkle, UV absorbers, shampoo & conditioner, natural, anti-stretch, intense pulsed light (IPL), hair color, microdermabrasion, oils & serums, and others. The market, by active ingredients, is bifurcated into epidermal growth factors, alpha hydroxy acids, retinol, argirelline, co-enzyme Q10, peptides, vitamin C, antioxidants, and sun protection factor (SPF). The market, by therapies & services, is classified into abdominoplasty, eye-lid surgery, breast augmentation, hormone replacement therapy, sclerotherapy, liposuction, anti-pigmentation therapy, injectable skin, chemical peels, and hair restoration services. The market, demography, is diversified into generation X, generation Y, and baby boomer. The market, by end user, is segmented into clinics, hospitals, and home health care.
Geographically, the global anti-aging products and therapies market was governed by North America with highest market share and is projected to maintain its supremacy during the forecast period on account of the increase in the count of individuals utilizing anti-aging products. Further, Asia Pacific is also expected to emerge as a fastest growing market owing to the extensive accessibility of innovative products, high urbanization rate, and several skin care brands.
The prominent players active within the global anti-aging products and therapies market consist of GlaxoSmithKline Plc, Chanel SA, Neutrogena Corporation, Allergan Inc, Elizabeth Arden Inc, Procter & Gamble, Orlane SA, Johnson & Johnson Services, Inc., Novartis International AG, Revlon Inc, Avon Products Inc, Unilever, Beiersdorf, Woodridge Labs Inc, Merck Sharp & Dohme Corp, L’Oral SA, Valeant Pharmaceuticals International, Christian Dior, Bayer AG, NeoStrata Company Inc, and F. Hoffmann-La Roche Ltd.