Global Anti-Ageing Products Market Segmentation, By Product (Facial Creams and Lotions, Serums and Concentrates, Under Eye Creams, Others), Target Group (Male and Female), Ingredient (Retinoid, Hyaluronic Acids, Alpha Hydroxy Acids, and Others), Treatment (Body Care and Facial Care), Distribution Channel (Pharmacies, Stores, and Online Stores) – Industry Trends and Forecast to 2031.
Anti-Ageing Products Market Analysis
Increasing awareness among consumers of age-related skin issues such as wrinkles, fine lines, and dull skin will boost the demand for anti-ageing products in the market. Also, increasing inclination towards spending on products that aid them in proclaiming their skin youthfulness is anticipated to enhance the market growth throughout the forecast period. The 'creams and lotions" is the fastest product because these products play a vital role in an individual's life by helping preserve a youthful glow. As per the analysis of Real Self, 62% of Americans used anti-aging products in their daily skincare routine.
Anti-Ageing Products Market Size
Global anti-ageing products market size was valued at USD 48.09 billion in 2023 and is projected to reach USD 76.07 billion by 2031, with a CAGR of 5.90% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Anti-Ageing Products Key Market Insights
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Segmentation
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Key Market Players
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Shiseido Company (Japan), Johnson & Johnson Private Limited (India), Unilever (U.K.), Amway (U.S.), Procter & Gamble (U.S.), L'Oréal S.A. (France), Revlon Group (U.S.), Beiersdorf AG (Germany), Natura & CO (South America), Conair Corporation (U.S.), Yves Rocher (France), Kao Corporation (Japan), Estée Lauder Companies Inc. (U.S), AVON PRODUCTS (U.K.), OLAPLEX (U.S.), NEOSTRATA COMPANY, INC. (U.S.)
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Market Opportunities
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Anti-Ageing Products Market Definition
Anti-ageing products can be defined as those products and materials applied topically on the consumer's skin to prevent or reverse the effects of aging, such as loosening up on the skin, wrinkles, and patches. They also contain pigmentation and can be found in many different products, such as many shapes and sizes.
Anti-Ageing Products Market Dynamics
Drivers
- Rising demand for eye cream and lotion
The eye cream and lotion segment is expected to account for the highest rate during the forecast period. These creams are produced to treat delicate areas, such as under the eyes area. The skin near the eyes is very delicate and tends to lose its elasticity. Thus, products such as eye creams and lotions are very useful in opposing early signs of aging, such as lines and wrinkles under the eyes, which are likely to boost the growth of the anti-ageing products market.
- Increasing trends and the introduction of organic anti-ageing products
The introduction of organic products into the anti-ageing products market is another major factor expected to drive the market's growth rate. Numerous people were concerned about using anti-ageing products due to their multiple harmful effects. Various people are also experiencing excessive wrinkles, acne and many other problems by using these products, making them difficult to use. The global anti-ageing products market is experiencing a remarkable upsurge in demand for organic anti-ageing products.
Opportunities
- Increasing consumer preference towards natural products
The rise in the consumer inclination towards natural products, such as plant-based alternatives, has led to the growth of the anti-ageing products market. Now, organic and natural products are preferred by consumers, so manufacturers of anti-ageing products are widely focusing on advertising, producing, and labeling anti-ageing products. In this regard, several brands are providing those anti-aging products which are manufactured with chemical-free ingredients. For instance, Alpyn Beauty, a manufacturer of skincare products, provides a chemical-free Plant Genuismelt moisturizer with bakuchiol, which guards against radical damage and wrinkle and brightens skin.
Moreover, increasing technological advancements and modernization in manufacturing techniques will further generate new opportunities for the anti-ageing products market during the forecast period.
Restraints/Challenges
- Availability of less toxic alternatives
The increasing presence of alternative products containing less toxic substances is a significant factor restraining the growth of the anti-ageing products. It will further challenge the market during the forecast period.
- Adverse effects of anti-ageing products
Concerns regarding the harmful side effects of these anti-ageing products on the skin, such as skin burns, are anticipated to pose a significant challenge for the market during the forecast period of 2024-2031.
This anti-ageing products market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the anti-ageing products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Anti-Ageing Products Market
The outbreak of the COVID-19 pandemic harmed anti-ageing products market. Many manufacturers in the anti-ageing products market have historically relied on finished products and raw materials used in the manufacturing of several types of skincare cosmetics products. This pandemic has disrupted the manufacture and distribution of these skincare cosmetics products. On the other side, consumers started personal grooming at home in this pandemic which slightly increased the demand for anti-ageing products which could be used conveniently at home.
Anti- Ageing Products Market Scope
The anti-ageing products market is segmented on the basis of product, target group, ingredient, treatment and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Facial Creams and Lotions
- Serums and Concentrates
- Under Eye Creams
- Others
Target Group
- Male
- Female
Ingredient
- Retinoid
- Hyaluronic Acids
- Alpha Hydroxy Acids,
- Others
Treatment
- Body Care
- Facial Care
Distribution Channel
- Pharmacies
- Stores
- Online Stores
Anti- Ageing Products Market Regional Analysis
The anti-ageing products market is analysed and market size insights and trends are provided by country, product, target group, ingredient, treatment and distribution channel as referenced above.
The countries covered in the anti-ageing products market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share due to the increasing availability of well-established infrastructure. The rising presence of major market players and the growing adoption of anti-aging products will likely boost the market's growth in this region.
Asia-Pacific, on the other hand, is estimated to show lucrative growth over the forecast period of 2024-2031, due to the increasing favorable reimbursement policies, growing average life expectancies, and the median age in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Anti- Ageing Products Market Share
The anti-ageing products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to anti-ageing products market.
Anti- Ageing Products Market Leaders Operating in the Market Are:
- Shiseido Company (Japan)
- Johnson & Johnson Private Limited (India
- Unilever (U.K.)
- Amway (U.S.)
- Procter & Gamble (U.S.)
- L’Oréal S.A. (France)
- Revlon Group (U.S.)
- Beiersdorf AG (Germany)
- Natura & CO (South America)
- Conair Corporation (U.S.)
- Yves Rocher (France)
- Kao Corporation (Japan)
- Estée Lauder Companies Inc. (U.S)
- AVON PRODUCTS (U.K.)
- OLAPLEX (U.S.)
- NEOSTRATA COMPANY, INC. (U.S.)
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