Increase in the Purchasing Power of Consumers Propelling Sector Forward


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DUBLIN, Sept. 22, 2022 (GLOBE NEWSWIRE) — The Anti-Aging Cosmetics Market, By Product Type, By Distribution Channels, By Product Form And By Region Forecast To 2030 report has been added ResearchAndMarkets.com Offer.

According to the latest report, the global anti-aging cosmetics market size is projected to reach US$75.81 billion in 2030, registering a CAGR of 5.5% in sales during the forecast period. The growing awareness of the benefits of anti-aging products such as B. reducing wrinkles and fine lines and providing a youthful appearance is expected to drive the growth of this market.

The global anti-aging cosmetics market is growing rapidly due to aging population and changing lifestyle. The increase in consumer spending power and the availability of new products are also some of the factors driving the market growth.

Technological advancement and significant investments in research and development (R&D) activities are expected to boost the growth of the anti-aging cosmetics market during the forecast period. In addition, commercialization of new products with innovative packaging and claims are expected to complement market demand. The increasing use of natural ingredients in cosmetic formulations to minimize skin aging effects is expected to open up lucrative opportunities for industry players over the next few years.

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The global anti-aging cosmetics market is expected to generate significant revenue due to the growing geriatric population and the associated increasing prevalence of skin diseases. Furthermore, rising awareness of personal appearance and growing disposable income are predicted to drive the market growth over the forecast period.

The prevalence of skin diseases such as acne, blemishes and dark spots is expected to increase the demand for anti-aging cosmetics among consumers. Additionally, the growing geriatric population is expected to drive the growth of this market. Additionally, rising disposable income and changing consumer lifestyles are likely to drive the growth of this market.

Some key highlights from the report

  • In July 2021, Shiseido launched “anti-aging cosmetics” under the “Cle de Peau Beaute” brand to the Chinese market. The product contains an ingredient called ‘subtilisin’, which is derived from subtilisin B, an enzyme produced by Bacillus subtilis, a soil-borne bacterium. This ingredient is said to break down dead skin cells and increase the turnover of new skin cells, resulting in smoother and more youthful skin.

  • Due to the increasing trend of using anti-aging cosmetics among millennials, the facial application segment accounted for the largest share of sales in 2020. Also, the increase in the geriatric population and rising awareness of anti-aging products are expected to boost the market growth over the forecast period.

  • The hair care segment is expected to register the fastest growth during the forecast period as consumers are increasingly focusing on hair care. Rising awareness of the benefits of using anti-aging hair care products is also expected to fuel the market growth.

  • The global anti-aging cosmetics market is fragmented in terms of distribution channels. The offline channel is expected to account for the largest share of sales during the forecast period as preference for purchasing products in physical stores increases. On the other hand, the online channel is expected to witness the fastest growth during the forecast period owing to the growing trend of online shopping.

  • Due to the fast growing population and economic development in countries like China, India and Japan, the Asia-Pacific region is expected to witness the fastest growth during the forecast period. Furthermore, the growing awareness of the benefits of anti-aging cosmetics is expected to fuel the growth of this market in the region.

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For the purpose of this report, the author has segmented the Anti Aging Cosmetics market by application, treatment type, type, distribution channel and region:Product Type Outlook (Revenue, $Bn; Volume, Thousand Units; 2019-2030)

  • skin care

  • hair care

  • Form

  • eye care

  • Other

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Distribution Channel Outlook (Revenue, $Bn; Volume, Thousand Units; 2019-2030)

Product Form Outlook (Revenue, $Bn; Volume, Thousand Units; 2019-2030)

Regional Outlook (Revenue, $Bn; Volume, Thousand Units; 2019-2030)

  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • United Kingdom

  • France

  • Italy

  • Spain

  • Sweden

  • BENELUX

  • rest of Europe

  • Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Rest of APAC

  • Latin America

  • Brazil

  • Rest of LATAM

  • Middle East & Africa

  • Saudi Arabia

  • UAE

  • South Africa

  • Israel

  • Rest of MEA

Main topics covered:

Chapter 1. Market Summary

Chapter 2. Summary

Chapter 3. Indicative Metrics

Chapter 4. Anti-Aging Cosmetics Market Segmentation and Impact Analysis

Chapter 5. Anti-Aging Cosmetics Market by Product Type Insights and Trends

Chapter 6. Anti-Aging Cosmetics Market by distribution channel

Chapter 7. Antiaging Cosmetics Market Outlook by Product Form

Chapter 8. Regional Outlook for Antiaging Cosmetics Market

Chapter 9. Competitive landscape

Chapter 10. Company Profiles

companies mentioned

For more information about this report, visit https://www.researchandmarkets.com/r/l78til

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