Antiaging products and services are the products and services provided by various pharmaceutical companies, cosmetics manufacturers and specialized dermatological provider to reduce the prevalence of signs of aging on the skin of their consumers. They also provide products and services that can enhance the prevalence of youthfulness for a longer duration. These products do not just have an impact on the aging mechanisms of skin; rather they also improve the overall aesthetics of skin such as elasticity, wrinkles, thinner skin among various others.
Antiaging products and services market is growing due to rapid developments in anti-aging skin care services, increased emphasis on promotional strategies; the effects of these factors are mentioned below:
Strategic expansion of product range with innovative launch activities undertaken by market players:
The market is segmented on the basis of product as UV absorbers, anti-wrinkle products, anti-stretch products, others; therapies & services is categorized into eye-lid surgery, abdominoplasty, hormone replacement therapy, breast augmentation, liposuction, gene therapy, injectable skin, botox, telomere based therapy, rejuventation & dermal fillers, sclerotherapy, anti-pigmentation therapy, hair restoration services, chemical peels.
“According to Data Bridge Market Research, global antiaging products and services market is expected to be growing with a healthy CAGR of 11.8% during the forecast period of 2018 to 2025”
Some of the major players operating in market are Chanel SA, GlaxoSmithKline Plc, Allergan Inc, Neutrogena Corporation, Procter & Gamble, Elizabeth Arden Inc, Johnson & Johnson, Orlane SA, Revlon Inc, Novartis International AG, Unilever PLC, Avon Products Inc, Woodridge Labs Inc, Beiersdorf, L'Oral SA, Merck & Company Inc, Christian Dior, Valeant Pharmaceuticals International, NeoStrata Company Inc, Bayer Schering Pharma AG, F. Hoffmann-La Roche Ltd among others.
Antiaging products and services market is being demanded on a significant scale as the women globally are focusing on retaining their youth for a longer duration. Along with that, increasing prevalence of geriatric population which is giving market players of these products and service a greater population base to target is also enhancing the opportunities available to these market players for their revenue expansion
Global Antiaging Products and Services Market– Industry Trends and Forecast to 2025