The Anti-Ageing Products, Services, and Devices market demand is expected to grow at a compound annual growth rate (CAGR) of 5.5% between 2023 and 2033, according to industry projections. By 2022, the market for anti-aging products was anticipated to be worth US$ 59 billion, and Future Market Insights (FMI) predicts that revenue from the market will rise from US$ 64 billion in 2023 to US$ 109.8 billion in 2033.
The global Anti-Ageing market is being driven by rising consumer concern for physical appearance and aesthetics, resulting in an increased demand for various Anti-Ageing products, services, and devices. Furthermore, the global cosmetics and skincare industry’s growth is expanding the Anti-Ageing business.
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The younger generation’s increasing awareness of body and skincare Anti-Ageing products, coupled with the prevalence of skin problems caused by pollution, poor dietary habits, and other factors, is driving the global Anti-Ageing market. Additionally, the growing elderly population in developing nations is responsible for the global surge in Anti-Ageing product sales, with consumers in various regions seeking Anti-Wrinkle products to combat the signs of ageing and maintain their youthful appearance.
The Anti-Ageing market is also benefiting from the expansion of pharmacies, online retailers, and other outlets, with manufacturing companies focusing on offering herbal and organic beauty products to meet the rising demand. In addition, the Anti-Ageing sector is developing innovative products to meet consumer demands, with technological advancements and increased spending on research and development expected to drive the industry’s growth.
The Anti-Ageing market’s potential continues to expand as knowledge and acceptability of Anti-Ageing treatments increase, creating opportunities for Anti-Ageing products, services, devices, and aesthetic plastic surgery procedures.
North America is the most lucrative region in the global Anti-Ageing market, driven primarily by a strong emphasis on physical appearance and awareness of efficient Anti-Ageing therapies.
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Key Takeaways
- The market for anti-ageing products services and devices in the United States is anticipated to grow at a CAGR of 5.6% through 2033.
- With a CAGR of 5.9%, the United Kingdom anti-ageing products services and devices market is expected to grow significantly during the forecast period.
- With a CAGR of 5.2% throughout the research period, Germany is predicted to grow rapidly in the market for anti-ageing products services and devices by 2033.
- The anti-ageing products services and devices market in China is expected to grow at a CAGR of 4.8% over the forecast period.
- With a CAGR of 4.5% throughout the assessment period, the market for anti-ageing products services and devices in India is anticipated to increase speedily.
- The moisturizers category of the anti-ageing products services and devices market’s product type segment is predicted to develop at a CAGR of 5.1% through 2033.
- In the market for anti-ageing products services and devices, the anti-pigmentation therapy section of the application category is estimated to showcase a CAGR of 5.0% over the forecast period.
Competitive Landscape
Key companies in the anti-ageing products services and devices market are Aesthetics Biomedical®, Inc., Innisfree, Crescita Therapeutics Inc, Bare Minerals, L’Oreal SA, The Face Shop, Allergan Inc., Beiersdorf AG, Coty Inc., Cynosure Inc., Personal Microderm (PMD), Age Sciences Inc., Lumenis Ltd., Solta Medical Inc., Nestle and others.
To increase their market share in anti-ageing products services and devices, these businesses have employed a few strategies. They have employed both organic and inorganic development strategies, such as new product launches, acquisitions, corporate expansions, and partnerships, to grow their clientele and income.
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Anti-ageing Products Services and Devices Market by Category
By Application:
- Anti-Pigmentation Therapy
- Anti-Cellulite Treatment
- Anti-Wrinkle Treatment
- Acne Management
- Scar Treatment
- Others
By Product Type:
- Creams
- Moisturizers
- Retinols
- Dermal Fillers
- Botulinum Toxin
- Chemical Peels
- Cellulite Treatment
- Non-Surgical Fat Reduction
- Others
By Distribution Channel:
- Dermatology Clinics
- Hospitals, Pharmacies, Drugstores
- Rejuvenation Centers
- Others
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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