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Sales of Anti-Aging and Anti-Wrinkle Products are Set to Reach a Valuation of US$ 23 Billion

06-17-2023 12:54 PM CET | Health & Medicine

Press release from: Fact.MR

The market for anti-aging and anti-wrinkle products worldwide was valued at US$ 12.5 billion in 2023, and by the end of 2033, it is anticipated to grow to US$ 23 billion. From 2023 to 2033, the market is expected to grow at a CAGR of 6.3%.

With a current 60% share, it is determined that online retailers' impact will continue to be important in boosting the sales of anti-aging and anti-wrinkle goods. As e-Commerce behemoths test next- and same-day product delivery, manufacturers are starting to provide discounts and promotions for customers who buy things online.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:
https://www.factmr.com/connectus/sample?flag=S&rep_id=4337?AS

๐—ž๐—ฒ๐˜† ๐—ง๐—ฎ๐—ธ๐—ฒ๐—ฎ๐˜„๐—ฎ๐˜†๐˜€ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—”๐—ป๐˜๐—ถ-๐—ฎ๐—ด๐—ฒ๐—ถ๐—ป๐—ด ๐—ฎ๐—ป๐—ฑ ๐—”๐—ป๐˜๐—ถ-๐˜„๐—ฟ๐—ถ๐—ป๐—ธ๐—น๐—ฒ ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐˜‚๐—ฟ๐˜ƒ๐—ฒ๐˜†

โ€ข Sales of retinoid-based anti-ageing and anti-wrinkle products will ascend throughout the assessment period.
โ€ข Demand outlook for natural anti-ageing and anti-wrinkle products appears to be positive, owing to minimal side-effects and positive results.
โ€ข Contribution of the female population in driving sales will remain high, with males gradually supporting anti-ageing and anti-wrinkle sales in upcoming years.
โ€ข Online stores will emerge as the most preferred sales channel.
โ€ข Japan will witness increasing adoption of anti-ageing and anti-wrinkle products, owing to growing geriatric population.
โ€ข China will exhibit growth in sales, due to increasing skincare awareness in the country.

๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€

โ€ข Product innovations and incorporation of natural ingredients will propel sales of anti-ageing and anti-wrinkle products.
โ€ข Deals and discounts available on online stores will gain consumers' attention, thereby driving sales in the market.

๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ

Key manufacturers of anti-aging and anti-wrinkle products are relying on effective brand communication to disseminate education about products and gain a competitive edge in the market. As the choices of key public figures are found to influence the purchasing behavior of consumers, they are seen collaborating with celebrities to implement brand endorsement strategies.

Leading companies are focusing on quality control, product standards, supply chain management, collaborations, and pricing trends to increase their revenue. They are heavily investing in R&D to introduce effective products while following safety regulations.

For instance,

โ€ข In 2023, REN Clean Skincare introduced Boost+Protect Perfect Canvas Smooth, Prep & Plump Essence. This product contains bioactive that moisturize and hydrate the skin. Hyaluronic acid and polyglutamic acid are also present, which smoothen the skin and strengthen the skin barrier.

๐—Ÿ๐—ฒ๐—ฎ๐—ฑ๐—ถ๐—ป๐—ด ๐—ฝ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ถ๐—น๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐—™๐—ฎ๐—ฐ๐˜.๐— ๐—ฅ ๐—ถ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ:

โ€ข Unilever
โ€ข Revlon, Inc.
โ€ข Nature Republic
โ€ข Clarins Group
โ€ข Mary Kay Inc.
โ€ข Kao Corporation
โ€ข ARK Skincare
โ€ข Avon Products Inc.
โ€ข Procter & Gamble Co.
โ€ข Alma Secret Company
โ€ข Allergan PLC

๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ฆ๐˜‚๐—ฟ๐˜ƒ๐—ฒ๐˜†

Fact MR provides an unbiased analysis of the anti-ageing and anti-wrinkle products market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global anti-ageing and anti-wrinkle products market with a detailed segmentation on the basis of:

Product:
โ€ข Serums
โ€ข Creams
โ€ข Gels

Gender:
โ€ข Male
โ€ข Female

Ingredient:
โ€ข Retinoid
โ€ข Hyaluronic Acids
โ€ข Alpha-Hydroxy Acids

Treatment:
โ€ข Body Care Treatment
โ€ข Facial Care Treatment

Distribution Channel
โ€ข Pharmacies
โ€ข Stores
โ€ข Online Stores

Regions
โ€ข North America
โ€ข Europe
โ€ข Latin America
โ€ข Asia Pacific
โ€ข Middle East & Africa

๐—ž๐—ฒ๐˜† ๐—ค๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—”๐—ป๐˜๐—ถ-๐—ฎ๐—ด๐—ฒ๐—ถ๐—ป๐—ด ๐—ฎ๐—ป๐—ฑ ๐—”๐—ป๐˜๐—ถ-๐˜„๐—ฟ๐—ถ๐—ป๐—ธ๐—น๐—ฒ ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜

โ€ข The report offers insight into anti-ageing and anti-wrinkle products demand outlook for 2020-2027
โ€ข The market study also highlights projected sales growth for anti-ageing and anti-wrinkle products between 2020 and 2027
โ€ข Anti-ageing and anti-wrinkle products survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
โ€ข Anti-ageing and anti-wrinkle products market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

๐—š๐—ฒ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฆ๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=4337?AS

US Sales Office:
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United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

About Fact.MR;

Fact.MR research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.

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