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Anti-Aging Market Opportunities : Latest Market Research Report for Business Growth

03-10-2023 11:58 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Markets N Research

Anti-Aging Market Opportunities : Latest Market Research

The global anti-aging market size was valued at USD 62.3 billion in 2022. The market is projected to grow from USD 62.3 billion in 2022 to USD 90.9 billion by 2030, exhibiting a CAGR of 6.50% during the forecast period.
 
A growing number of cosmetic procedures are being conducted globally, the older population is increasing, technology is advancing, and people are becoming more aware of cutting-edge cosmetic procedures, all promoting the rise. The anti-aging market is driven by innovative anti-aging treatments and products including plastic surgery, breast implants, botulinum toxin injection therapies, etc., that offer long-term outcomes due to technological developments and significant research and development efforts. The introduction of safer, more effective anti-aging treatments that provide consumers with immediate effects has also been promoted by tight rules and regulations, expanding the market's growth prospects.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://marketsnresearch.com/sample/1657

𝐑𝐢𝐬𝐢𝐧𝐠 𝐂𝐨𝐬𝐭 𝐨𝐟 𝐀𝐧𝐭𝐢-𝐀𝐠𝐢𝐧𝐠 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐭𝐨 𝐋𝐢𝐦𝐢𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

Hyaluronic acids are natural chemicals that are used as the basis for anti-aging products. The cost of goods sold has increased, including raw materials and packaging. The primary material of the packaging, plastic, also has a major impact on the final product's price. The cost of substances used in cutting-edge research and technology, including synthetics, UV agents, fatty acids, SPF compounds, and essential oils, has increased. The price of natural components including Quillaja Saponaria, honey, Acacia concinna or Sapindus,jojoba, and algae has soared as a result of growing transportation and processing expenses. Due to the growth in demand and resultant lack of these natural substances, prices have increased.

𝐒𝐄𝐆𝐌𝐄𝐍𝐓𝐀𝐓𝐈𝐎𝐍

• 𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭

Based on product, the anti-aging market is segmented into serums, creams, gels and others. The creams category dominated the market in 2022. Many cream-based anti-aging products are on the market, such as eye, face, and anti-wrinkle creams. They also help to shield the skin from damaging UV rays. Due to the popularity of creams among consumers, major players in the anti-aging cosmetics market are continually doing R&D to enhance them.
 
• 𝐁𝐲 𝐓𝐚𝐫𝐠𝐞𝐭 𝐆𝐫𝐨𝐮𝐩

Based on target group, the anti-aging market is segmented into male and female. The female category dominated the market in 2022 because they tend to groom their skin more and care greatly about their appearance. Additionally, because women outlive men on average, a larger proportion of older women drives up demand for anti-aging products among women.
 
• 𝐁𝐲 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭

Based on ingredient, the anti-aging market is segmented into retinoid, hyaluronic acid, alpha hydroxy acid and others. The hyaluronic acid category dominated the market in 2022 because of the many advantages and functions that hyaluronic acid serves in your body. Hyaluronic acid helps skin flex and stretch while also minimizing lines and wrinkles. It has also been demonstrated to facilitate wound healing and lessen scarring. It is also authorized for injection beneath the skin are fillers made of collagen and hyaluronic acid, two natural proteins in your body. When used to heal acne scars or accentuate lips, these fillers aid in restoring the form and look of the body.
 
• 𝐁𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

Based on distribution channel, the anti-aging market is segmented into pharmacies, stores and online stores. The stores category dominated the market in 2022. Customers prefer supermarkets for beauty goods, including anti-aging ones, for several reasons, including the benefits of a variety of choices, availability of a wide range of standard items, lower operation costs translating into lower product costs, and greater discounts. For sellers as well, it is a very practical method of selling because there is no consumer haggling, allowing pricing to be set. The margin profit in supermarkets is typically maintained low, allowing for more profits. Increased sales of anti-aging products through supermarkets and hypermarkets are the outcome of such positive variables.
 
• 𝐁𝐲 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭

Based on treatment, the anti-aging market is segmented into body care treatment and facial care treatment. The facial care treatment category dominated the market in 2022. The global market is anticipated to grow faster during the forecast period due to rising consumer awareness of age-related skin issues such fine lines, wrinkles, and dull skin, as well as rising consumer propensity to spend on goods that maintain skin youth. A physiological change is aging as well. The contribution of skin cells to premature aging is thought to be negatively impacted by external variables such air pollution, alcohol intake, and UV exposure. Thus, this is driving the facial care treatment category.

𝐋𝐈𝐒𝐓 𝐎𝐅 𝐊𝐄𝐘 𝐂𝐎𝐌𝐏𝐀𝐍𝐈𝐄𝐒 𝐏𝐑𝐎𝐅𝐈𝐋𝐄𝐃:

• Allergan
• L'Oréal
• Beiersdorf
• Estee Lauder
• Procter & Gamble
• Shiseido
• Unilever

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐍𝐞𝐰𝐬 :

https://au.news.yahoo.com/latest-global-anti-aging-market-160000436.html

https://finance.yahoo.com/news/latest-global-anti-aging-market-160000436.html

https://www.yahoo.com/amphtml/lifestyle/latest-global-anti-aging-market-160000436.html

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