Press release
Anti-aging Cosmetics Market is Estimated to Reach USD 120 billion by 2030: Cognitive Market Research
Anti-aging Cosmetics Market is Estimated to Reach USD 120 billion by 2030: Cognitive Market Research
- An Anti-aging Cosmetic are products that help to slow down the aging process. It addresses the fundamental causes of aging and seeks to alleviate any age-related illness. An anti-aging cosmetic helps in the preservation of skin firmness, the refinement of skin tone, the reduction of fine lines and wrinkles, and the enhancement of brightness and radiance.
Summary
- Global Anti-aging Cosmetics market is expected to grow from USD 8.60 billion in 2023 to USD 120 billion by 2030, at a CAGR of 8.1%.
To know more The Anti-aging Cosmetic Market statistics click here: https://www.cognitivemarketresearch.com/anti-aging-cosmetics-market-report
Market Dynamics
- The rising adoption of cosmetic and personal care products is one of the factors, which are expected to contribute to the rising demand for anti-aging cosmetics, which is projected to accelerate the growth of the market. According to the research, the revenue in the beauty & personal care market amounts to USD 503,589 million in 2021. The rise in awareness among consumers of several cosmetic products is expected to drive the growth of the market.
- However, the availability of counterfeit products can hamper the growth of the market. Nonetheless, the demand for anti-aging cosmetics is expected to raises in the forecasted period primarily due to the growing aging population. According to WHO, By 2050, the world's population of adults aged 60 and up will have doubled (2.1 billion). The number of people aged 80 and more is predicted to triple between 2020 and 2050, reaching 426 million.
Market Segmentation:
- Type
• Cream
• Lotion
• Serum
• Others
Based on the type, the cream segment has dominated the market as there are a variety of creams such as anti-wrinkle creams, eye creams, face creams, and others available in the market.
- Application:
• Skin Care
• Hair Care
• Make-up
• Eye Care
• Others
Based on the application, the skin care segment dominated the anti-aging cosmetics market due to the availability of a variety of anti-aging skincare products such as gels, lotions, creams, and others to the consumers.
- End User:
• Men
• Women
Based on the end user, the women segment dominated the anti-aging cosmetics market as women are more concerned about their age. Similarly, the key players are majorly focusing on manufacturing a variety of products for women.
- Distribution Channel:
• Supermarkets/Hypermarkets
• Cosmetic Stores
• Online Stores
• Others
Based on the distribution channel, the supermarkets/hypermarkets segment dominated the anti-aging cosmetics market. This is attributed to the availability of a wide range of products in several stores. Similarly, these stores often provide discount and coupon services for buyers, which in turn, drives the market growth.
- Competitive Analysis for Anti-aging Cosmetic Market: Loreal Paris, Esteel Lauder, Revlon, Avon Products, Shiseido, Coty Inc, Kose Company, Chanel, The Body Shop PLC, Mary Kay, Dior, Olay, Lancome, Elizabeth Arden.
Get free sample pages of latest published Anti-aging Cosmetic Market Report: https://www.cognitivemarketresearch.com/anti-aging-cosmetics-market-report
Regional Analysis:
- Geographically, the global Anti-aging cosmetics market market is divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America dominates the anti-aging cosmetics market owing to the rising disposable income, awareness regarding looks and appearance, innovation in products, and others.
News:
- In September 2022, L'Oréal announced the acquisition of Skin better Research, a physician-dispensed American skincare brand underpinned by cutting-edge dermatological science that combines patented effective chemicals with beautiful sensory textures. Skin better Science's products are primarily offered through a nationwide network of renowned dermatology, plastic surgery, and medical aesthetics offices supported by a national medical sales staff. Skin better Science is recognized for developing cutting-edge products that contain active ingredients for anti-aging, moisturizing, cleaning, exfoliating, skin peeling, and UV protection. Clinical investigations led by board-certified dermatologists back up the brand's profound knowledge of skin and chemistry.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Anti-Aging Cosmetics Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Anti-Aging Cosmetics Market Overview
• 4.1 Introduction
• 4.2 Global Anti-Aging Cosmetics Market Statistics by Regions (2018-2030)
4.2.1 North America Anti-Aging Cosmetics Status and Prospect (2018-2030)
4.2.2 Europe Anti-Aging Cosmetics Status and Prospect (2018-2030)
4.2.3 Asia Pacific Anti-Aging Cosmetics Status and Prospect (2018-2030)
4.2.4 Latin America Anti-Aging Cosmetics Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Anti-Aging Cosmetics Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Anti-Aging Cosmetics Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Anti-Aging Cosmetics Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Anti-Aging Cosmetics Market Regional Analysis
Chapter 11 North America Anti-Aging Cosmetics Market Outlook (2018 - 2030)
Chapter 12 Europe Anti-Aging Cosmetics Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Anti-Aging Cosmetics Market Outlook (2018 - 2030)
Chapter 14 Latin America Anti-Aging Cosmetics Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Anti-Aging Cosmetics Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Anti-aging Cosmetic Market TOC click here: https://www.cognitivemarketresearch.com/anti-aging-cosmetics-market-report#table_of_contents
Related Reports:
• Cosmetics Market- https://www.cognitivemarketresearch.com/cosmetic-market-report
• Makeup Bags Market- https://www.cognitivemarketresearch.com/makeup-bags-market-report
• Skincare Market- https://www.cognitivemarketresearch.com/skincare-market-report
• Professional Skincare Market- https://www.cognitivemarketresearch.com/professional-skincare-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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