Anti-ageing products are skincare products specifically designed to address signs of ageing, such as wrinkles, fine lines, and loss of elasticity. They are applied topically and improve the skin's appearance and texture. These products often contain ingredients like retinol, hyaluronic acid, peptides, and antioxidants, which promote collagen production, moisturize the skin, and protect against damage. The advantages of anti-ageing products include reducing the appearance of wrinkles, improving skin firmness, hydration, and overall rejuvenation for a more youthful and radiant complexion.
According to Data Bridge Market Research, the Global Anti-Ageing Products Market is accounted at USD 42.88 billion in 2021 and is expected to reach USD 67.83 billion by 2029. The market is expected to grow with a CAGR of 5.90% in the forecast period of 2022 to 2029.
“Rising demand for eye creams and lotions boosts the market’s growth”
The anti-ageing products market is experiencing significant growth due to the rising demand for eye creams and lotions. These specialized skincare products specifically target the delicate skin around the eyes, prone to wrinkles, fine lines, and puffiness. Consumers are increasingly concerned about maintaining a youthful appearance and addressing signs of ageing, leading to increased purchases of these products. The effectiveness of eye creams and lotions in reducing the appearance of ageing signs has propelled their popularity, contributing to the overall growth of the anti-ageing products market.
What restraints the growth of the global anti-ageing products market?
“Availability of less toxic alternatives restraints the market’s growth”
The availability of less toxic alternatives is restraining the growth of the anti-ageing products market. As consumers become more conscious of the ingredients used in skincare products, they seek safer and more natural alternatives. The market is witnessing a shift towards clean beauty and organic products, perceived as less harmful to the skin and the environment. This growing demand for less toxic options has created a challenge for traditional anti-ageing products that may contain harsh chemicals, resulting in slower growth for the market.
Segmentation: Global Anti-Ageing Products Market
The global anti-ageing products market is segmented on the basis of product, target group, ingredient, treatment and distribution channel.
- On the basis of product, the anti-ageing products market has been segmented into facial creams and lotions, serums and concentrates, under-eye creams, others.
- On the basis of target group, the anti-ageing products market has been segmented into male and female.
- On the basis of ingredient, the anti-ageing products market has been segmented into retinoid, Hyaluronic Acids, alpha hydroxy acids, and others.
- On the basis of treatment, the anti-ageing products market has been segmented into body care and facial care.
- On the basis of distribution channel, the anti-ageing products market has been segmented into pharmacies, stores, and online stores.
Regional Insights: North America dominates the Global Anti-Ageing Products Market
North America dominates the market in terms of market share due to the increasing availability of well-established infrastructure. The presence of significant market players and the growing adoption of anti-ageing products in that region is likely to contribute to the market's growth.
Asia-Pacific, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to several factors such as favourable reimbursement policies, increasing average life expectancies, and a rising median age in the region are expected to drive the demand for anti-ageing products, leading to market growth.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-anti-ageing-products-market
The Prominent Key Players Operating in the Global Anti-Ageing Products Market Include:
- Shiseido Company (Japan)
- Johnson & Johnson Private Limited (India)
- Unilever (U.K.)
- Amway (U.S.)
- Procter & Gamble (U.S.)
- L’Oréal S.A. (France)
- Revlon Group (U.S.)
- Beiersdorf AG (Germany)
- Natura & CO (South America)
- Conair Corporation (U.S.)
- Yves Rocher (France)
- Kao Corporation (Japan)
- Estée Lauder Companies Inc. (U.S)
- AVON PRODUCTS (U.K.)
- OLAPLEX (U.S.)
- NEOSTRATA COMPANY, INC. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global anti-ageing products market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Anti-Ageing Products Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
