Press release
Global Anti-Aging Market to Reach $87.51 Billion by 2029, Growing at 8.5% CAGR
Anti-Aging Market
The surge in the need for cosmetic products is substantially propelling the expansion of the anti-aging market. Anti-aging cosmetics, a specialized sector within the larger cosmetic industry, are geared towards countering the effects of aging and wrinkles on the skin. Utilizing these cosmetics either during treatment or post-treatment can enhance the outcome of anti-aging surgeries. For instance, Exploding Topics, a US online publishing site, anticipates the beauty industry's revenue to surpass $120 billion by 2025. Therefore, the escalating demand for cosmetic products is predicted to boost the anti-aging market's growth in the future.
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What growth opportunities are expected to drive the anti-aging market's CAGR through 2034?
The size of the anti-aging market has seen a significant increase in recent years, expanding from $58.49 billion in 2024 to an estimated $63.22 billion in 2025. This growth presents a compound annual growth rate (CAGR) of 8.1%. Factors contributing to this boom during the historic period include a rise in the aged population, heightened public consciousness concerning anti-aging products, increased disposable income and consumer expenditure on beauty and wellness, broadening of the skincare and cosmetics industry, and shifting demographic trends.
The market size for anti-aging products is predicted to experience significant expansion in the upcoming years. In 2029, it is projected to reach a valuation of $87.51 billion, with a compound annual growth rate (CAGR) of 8.5%. This anticipated development in the forecasted timeframe can be linked to the escalating demand for non-invasive procedures, the increasing popularity of organic and natural products, the heightened demand for clinically-tested solutions, growth in disposable income and healthcare spending, as well as the expanding awareness and acceptance of anti-aging goods and services. The major trends expected to steer the market within this period involve advancements in medical and cosmetic technologies, the creation of nutraceuticals and functional foods, the merging trends of beauty and wellness, and the emergence of digital beauty platforms and virtual consultations.
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What are the emerging trends shaping the future of the anti-aging market?
Progress in technology is influencing the growth of the anti-aging industry. Major players in this field are focusing on the creation of new technological strategies in order to meet customer expectations and consolidate their market position. For example, BASF SE, a chemical company from Germany, introduced a fresh sunscreen component, TinomaxTM CC, in September 2023. This innovative ingredient derived from natural sources and intended for skincare and suntan lotions intensifies UV protection by augmenting the SPF and UVA abilities whilst giving a notable sensory experience with reduced stickiness and oiliness. This ingredient, originating 100% from nature, supports sustainability objectives by enhancing the ecotoxicological profile of recipes and conforms to the increasing demand for multipurpose, eco-friendly goods in the suntan lotion industry.
Which growth-oriented segments of the anti-aging market are leading the industry's development?
The anti-aging market covered in this report is segmented -
1) By Product Type: UV Absorbers, Anti-Wrinkle Products, Dermal Fillers, Botox, Anti-Stretch Mark Products
2) By Treatment: Hair Restoration, Adult Acne Therapy, Breast Augmentation, Liposuction, Chemical Peel, Other Treatments
3) By Demographic: Generation X, Baby Boomers, Generation Y, Generation Z
4) By Application: Anti-Wrinkle Treatment, Anti-Pigmentation, Skin Resurfacing, Other Applications
5) By End-User: Hospitals, Clinics, Home Healthcare
Subsegments:
1) By UV Absorbers: Chemical UV Filters, Physical UV Filters, Sunscreen Formulations
2) By Anti-Wrinkle Products: Creams And Serums, Eye Care Products, Retinoids
3) By Dermal Fillers: Hyaluronic Acid Fillers, Calcium Hydroxylapatite Fillers, Poly-L-lactic Acid Fillers
4) By Botox: Botox Cosmetic, Dysport, Xeomin
5) By Anti-Stretch Mark Products: Creams And Lotions, Oils, Treatments With Active Ingredients
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What regions are leading the charge in the anti-aging market?
North America was the largest region in the anti-aging market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anti-aging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the anti-aging market?
Major companies operating in the anti-aging market include L'Oréal SA, Beiersdorf AG, Estee Lauder Companies Inc., Procter & Gamble Company, Shiseido Co. Ltd., Unilever plc, Lumenis Ltd., Home Skinovations Ltd., Nu Skin Enterprises Inc., Koninklijke Philips NV, Alma Lasers Ltd., PhotoMedex Inc., Candela Corporation, Hologic Inc., Pierre Fabre SA, Galderma SA, Abbvie Inc., Bausch & Lomb Incorporated, Merck KGaA, Johnson & Johnson Services Inc., ZO Skin Health Inc., Clarins Group, Revlon Inc., Soko Glam Inc., Avon Products Inc., Lancôme Parfums et Beauté & Cie SA, Clinique Laboratories LLC, Elizabeth Arden Inc., Natura Bissé International S. A.
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What Is Covered In The Anti-Aging Global Market Report?
•Market Size Forecast: Examine the anti-aging market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the anti-aging market for a structured understanding.
•Key Players Overview: Analyze major players in the anti-aging market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the anti-aging market.
•Segment Contributions: Evaluate how different segments drive overall growth in the anti-aging market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the anti-aging market.
•Industry Challenges: Identify potential risks and obstacles affecting the anti-aging market.
•Competitive Landscape: Review strategic developments in the anti-aging market, including expansions, agreements, and new product launches.
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