According to a revised market report by FMI, the global market for anti-aging products, services, and devices is projected to grow steadily over the next decade. Valued at USD 60,764.4 million in 2024, the market is expected to expand at a compound annual growth rate (CAGR) of 5.3%, reaching approximately USD 101,843.4 million by 2034.
This growth is driven by an increasing emphasis on maintaining a youthful appearance and the rising adoption of advanced skincare and cosmetic treatments. Consumers are increasingly investing in anti-aging products and services, from topical skincare solutions to minimally invasive cosmetic procedures, as part of a holistic approach to aging gracefully.
The anti-aging industry is benefiting from advancements in skincare technology, innovative product offerings, and greater accessibility to a variety of age-defying treatments. Companies are responding to consumer demand by expanding their product portfolios and improving distribution channels to meet diverse skincare needs.
The market expansion for anti-aging products and devices is further bolstered by the widespread introduction of safe and effective anti-aging products as a result of strict regulations. This encouraged makers of anti-aging devices to focus on the effectiveness and quality of their products. This increases the amount of money spent on research and development plans and the introduction of innovative anti-aging goods.
Competitive Analysis
The persistent desire to look young and have flawless skin has gained traction in anti-aging product market expansion and competition. To dominate the competition, major anti-aging product service and device vendors are presenting innovative and practical items.
The two main strategies anti-aging product service and device producers have used to compete are combination therapies and product launches. To develop innovative products, anti-aging product service providers are working together and forming partnerships with leading brands to increase their customer base and attract a global audience.
Amplifying adoption of social media and heightened consumer awareness of skincare products force the major anti-aging product service and device producers to generate innovative and efficient equipment to meet the rapidly growing market to earn lucrative income.
Pivotal Anti-aging Product Service and Device Producers
- Allergan Inc.
- Beiersdorf AG
- Coty Inc.
- Cynosure Inc.
- Personal Microderm (PMD)
- Age Sciences Inc.
- Lumenis Ltd.
- Solta Medical Inc.
- Nestle
Full Report Revealed
Key Segments
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
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- China
- Japan
- Asia Pacific
- Middle East and Africa
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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