In 2023, The Global Anti-Aging Market Boasted A Total Worth Of USD 67.23 Billion, And It Is Anticipated To Expand Substantially To Reach USD 125.69 Billion By 2032, Exhibiting A Noteworthy Compound Annual Growth Rate (CAGR) Of Approximately 7.2% Throughout The Forecast Period From 2023 To 2032.
Anti-Aging Market: Overview
The term “anti-aging” pertains to the efforts aimed at mitigating or delaying the visible effects of aging through a range of products and services. These encompass a variety of offerings designed to diminish age-related symptoms and prevent their emergence. Such products encompass solutions for treating acne, rejuvenating the skin, and combating pigmentation issues. One of the pivotal driving forces behind the growth of the market for anti-aging products, services, and devices is the escalating aging population worldwide. Additionally, the continual advancement of technology within the anti-aging sector is poised to generate fresh opportunities within the market in the forthcoming years.
The pervasive influence of social media and the heightened awareness surrounding skincare have propelled prominent companies to channel their efforts into developing innovative technologies and products that can cater to the surging demand and yield substantial profits during the projected period. Furthermore, the deployment of celebrity endorsements in promotional campaigns and advertisements has played a pivotal role in boosting revenues within the anti-aging market.
Impact of COVID-19 on the Anti-Aging Market:
The global anti-aging market has experienced a detrimental impact from the prolonged lockdowns during the COVID-19 pandemic, resulting in reduced sales of anti-aging products. However, this challenging situation has prompted innovation and new opportunities within the anti-aging sector as manufacturers strive to recover from pandemic-related losses. North America holds the largest share of the anti-aging market, driven by increasing awareness of personal care, rising pollution levels, stress, and unhealthy diets—furthermore, the market benefits from the growing emphasis on appearance and increased disposable income.
Drivers of the Anti-Aging Market:
A notable shift in consumer preferences towards at-home anti-aging treatments, both among adults seeking to maintain youthful appearances and seniors addressing aging signs, has propelled the growth of the anti-aging market. Major market players are introducing innovative approaches to anti-aging treatments for older individuals, driven by technological advancements. These developments have expanded the global anti-aging market, creating lucrative opportunities.
Market Restraints:
Anti-aging procedures such as chemical peels, breast surgery, tummy tucks, adult acne therapy, hair restoration, and anti-pigmentation come at a significant cost, involving various equipment and high-quality ingredients. The expense associated with these treatments is expected to limit the projected expansion of the worldwide anti-aging market. Strict regulatory requirements for devices and societal stigmas in specific populations are also anticipated to hinder the anti-aging market’s growth.
Market Segmentation:
The global anti-aging market is segmented by products, treatment, demography, devices, and end-users.
- In terms of treatment, the market includes hair restoration, anti-pigmentation, adult acne therapy, breast augmentation, liposuction, and chemical peel. The chemical peel segment dominated the market in 2021, driven by the increasing number of beauty and dermatology clinics, as well as a growing aging population with sun-damaged skin. The adult acne therapy segment is expected to be the fastest-growing in 2021, as it addresses the common issues of redness and clogged pores associated with youthful acne.
- Product segmentation comprises anti-wrinkles, hair color, ultraviolet absorption, and anti-stretch marks. Anti-wrinkle products were the most dominant in 2022, owing to growing awareness of Botox’s effectiveness and technological advancements in anti-wrinkle solutions. The anti-stretch mark care segment is projected to hold the largest market share during the forecast period, driven by rising obesity rates, particularly among the elderly, and increased focus on innovative treatments by crucial companies.
Regional Landscape:
North America led the anti-aging market in 2022, benefiting from established infrastructure, significant market competitors, and a growing aging population. Nevertheless, the adoption of anti-aging products and cosmetic procedures, along with favorable reimbursement policies, is expected to boost regional growth in the future. Anti-aging products, services, and technologies are gaining popularity across generations, driven by an aging baby boomer population, and increased health and beauty awareness among Generation X and Y.
Competitive Landscape:
Key competitors in the global anti-aging market include Unilever Group, GALDERMA LABORATORIES L.P., Procter & Gamble (P&G) Company, Nu Skin Enterprises Inc., Hologic Inc., Pierre Fabre S.A., Shiseido Company Limited, Candela Corporation, Home Skin Ovations Ltd., and Estee Lauder.
Recent Developments:
- In January 2021, the South Korean brand ‘Innisfree,’ owned by Amorepacific, launched its ‘Black Tea Youth Enhancing’ anti-aging line in Singapore after a successful introduction in South Korea.
- In August 2020, Merck Kagan entered into a strategic collaboration with the Chinese cosmetics company Pichon Group to develop herbal technology, planning to introduce a new product line called the ‘Pichon Shenyang anti-wrinkle repair series.
Global Anti-Aging Market is segmented as follows:
Anti-Aging Market by Products Outlook
- Anti-wrinkle
- Hair Color
- Ultraviolet absorption
- Anti-stretch mark
Anti-Aging Market by Treatment Outlook
- Hair restoration
- Anti-pigmentation
- Adult acne therapy
- Breast augmentation
- Liposuction
- Chemical peel
Anti-Aging Market by Demography Outlook
- Generation X
- Baby Boomers
- Generation Y
- Generation Z
Anti-Aging Market by Devices Outlook
- Anti-cellulite treatment
- Laser aesthetic devices
- Microdermabrasion devices
- Radiofrequency devices
- Others
Anti-Aging Market by End User Outlook
- Hospitals
- Clinics
- Home healthcare
Anti-Aging Market by Region Outlook
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Anti-Aging Market Report Scope
|
| Report Attribute |
Details |
| Market Size Value in 2023 |
USD 67.23 billion |
| Revenue Outlook in 2032 |
USD 125.69 billion |
| Growth Rate |
CAGR of 7.2 % From 2023 to 2032 |
| Base Year for Estimation |
2022 |
| Historical Data |
2018 – 2022 |
| Forecast Years |
2023 – 2032 |
| Quantitative Units |
Revenue in USD million and CAGR from 2023 to 2032 |
| Report Coverage |
Revenue forecast, company ranking, Trends
competitive landscape, and growth factors |
| Segments Covered |
Products, Treatment, Demography, Devices, End-User, and Region |
| Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico and Others |
| Key Companies Profiled |
Unilever Group, GALDERMA LABORATORIES L.P., Procter & Gamble (P&G) Company, Nu Skin Enterprises Inc., Hologic Inc., Pierre Fabre S.A., Shiseido Company Limited, Candela Corporation, Home Skin ovations Ltd., Estee Lauder |
Table of Content
Anti-Aging Market Size, Share, Growth, and Outlook Report
1. Introduction
1.1. Report Description
1.1.1. Aim of the Report
1.1.2. Prospective Audience
1.1.3. Unique Selling Prepositions and Key Takeaways from the Report
1.2. Scope of the Research Study
1.3. Approach/Research Methodology
1.3.1. Secondary Research
1.3.2. Primary Research
1.3.3. Expert Panel Review
1.3.4. Market Data Breakdown and Data Triangulation
1.3.5. Research Approach for Market Size Estimation
1.3.5.1. Top-Down Approach
1.3.5.2. Bottom-Up Approach
1.3.6. Key Assumptions
1.4. Market Segmentation
1.4.1. Products
1.4.2. Treatment
1.4.3. Demography
1.4.4. Devices
1.4.5. End User
2. Anti-Aging Market Overview
2.1. Introduction
2.2. Analysis by Products, 2018-2032 (US$ Billion)
2.3. Analysis by Treatment, 2018-2032 (US$ Billion)
2.4. Analysis by Demography, 2018-2032 (US$ Billion)
2.5. Analysis by Devices, 2018-2032 (US$ Billion)
2.6. Analysis by End User, 2018-2032 (US$ Billion)
2.7. Market Analysis by Region, 2018-2032 (US$ Billion)
3. Anti-Aging Market Dynamics
3.1. Introduction
3.2. Growth Drivers
3.3. Growth Restraints
3.4. Growth Opportunities
3.5. Porter’s Five Forces Analysis
3.5.1. Threat of New Entrants
3.5.2. Bargaining Power of Buyers/Consumers
3.5.3. Bargaining Power of Suppliers
3.5.4. Threat of Substitute Types
3.5.5. Intensity of Competitive Rivalry
3.6. Attractiveness Analysis
3.6.1. Products
3.6.2. Treatment
3.6.3. Demography
3.6.4. Devices
3.6.5. End User
3.6.6. Region
3.7. Value Chain Analysis
4. Anti-Aging Market Competition Analysis
4.1. Anti-Aging Market Share Analysis by Company, 2020 – 2022
4.1.1. Top 3 Players, 2019 – 2022
4.1.2. Top 6 Players, 2019 – 2022
4.2. Strategic Initiatives
4.2.1. New Products Launch
4.2.2. Mergers/Acquisitions
4.2.3. Agreement and Collaborations
4.2.4. Partnerships, Joint Ventures, Expansion and Distribution
5. Global Anti-Aging Market Analysis by Products, Treatment, Demography, Devices, and End User, 2018-2032 (US$ Billion)
5.1. Products
5.1.1. Global Anti-Aging Market Share, by Products, 2022 and 2032
5.1.2. Global Anti-Aging Market Revenue, by Products, 2018-2032 (US$ Billion)
5.1.3. By Anti-wrinkle Market Analysis 2018-2032 (US$ Billion)
5.1.4. By Hair Color Market Analysis 2018-2032 (US$ Billion)
5.1.5. By Ultraviolet Absorption Market Analysis 2018-2032 (US$ Billion)
5.1.6. By Anti-stretch mark Market Analysis 2018-2032 (US$ Billion)
5.2. Treatment
5.2.1. Market Share, by Treatment, 2022 and 2032
5.2.2. Market Revenue, by Treatment, 2018-2032 (US$ Billion)
5.2.3. By Hair restoration Market Analysis 2018-2032 (US$ Billion)
5.2.4. By Anti-pigmentation Market Analysis 2018-2032 (US$ Billion)
5.2.5. By Adult acne therapy Market Analysis 2018-2032 (US$ Billion)
5.2.6. By Breast augmentation Market Analysis 2018-2032 (US$ Billion)
5.2.7. By Liposuction Market Analysis 2018-2032 (US$ Billion)
5.2.8. By Chemical peel Market Analysis 2018-2032 (US$ Billion)
5.3. Demography
5.3.1. Market Share, by Demography, 2022 and 2032
5.3.2. Market Revenue, by Demography, 2018-2032 (US$ Billion)
5.3.3. By Hair restoration Market Analysis 2018-2032 (US$ Billion)
5.3.4. By Anti-pigmentation Market Analysis 2018-2032 (US$ Billion)
5.3.5. By Generation X Market Analysis 2018-2032 (US$ Billion)
5.3.6. By Baby Boomers Market Analysis 2018-2032 (US$ Billion)
5.3.7. By Generation Y Market Analysis 2018-2032 (US$ Billion)
5.3.8. By Generation Z Market Analysis 2018-2032 (US$ Billion)
5.4. Devices
5.4.1. Market Share, by Devices, 2022 and 2032
5.4.2. Market Revenue, by Devices, 2018-2032 (US$ Billion)
5.4.3. By Anti-cellulite treatment Market Analysis 2018-2032 (US$ Billion)
5.4.4. By Laser aesthetic devices Market Analysis 2018-2032 (US$ Billion)
5.4.5. By Microdermabrasion devices Market Analysis 2018-2032 (US$ Billion)
5.4.6. By Radiofrequency devices Market Analysis 2018-2032 (US$ Billion)
5.5. End User
5.5.1. Market Share, by End User, 2022 and 2032
5.5.2. Market Revenue, by End User, 2018-2032 (US$ Billion)
5.5.3. By Hospitals Market Analysis 2018-2032 (US$ Billion)
5.5.4. By Clinics Market Analysis 2018-2032 (US$ Billion)
5.5.5. By Home healthcare Market Analysis 2018-2032 (US$ Billion)
6. Global Anti-Aging Market Products Analysis by Region, 2018-2032 (US$ Billion)
6.1. Anti-wrinkle Market Analysis 2018-2032 (US$ Billion)
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East & Africa
6.2. Hair Color Market Analysis 2018-2032 (US$ Billion)
6.3. Ultraviolet absorption Market Analysis 2018-2032 (US$ Billion)
6.4. Anti-stretch mark Market Analysis 2018-2032 (US$ Billion)
7. Global Anti-Aging Market Treatment Analysis by Region, 2018-2032 (US$ Billion)
7.1. Hair restoration Market Analysis 2018-2032 (US$ Billion)
7.1.1. North America
7.1.2. Europe
7.1.3. Asia Pacific
7.1.4. Latin America
7.1.5. Middle East & Africa
7.2. Anti-pigmentation Market Analysis 2018-2032 (US$ Billion)
7.3. Adult acne therapy Market Analysis 2018-2032 (US$ Billion)
7.4. Breast augmentation Market Analysis 2018-2032 (US$ Billion)
7.5. Liposuction Market Analysis 2018-2032 (US$ Billion)
7.6. Chemical peel Market Analysis 2018-2032 (US$ Billion)
8. Global Anti-Aging Market Demography Analysis by Region, 2018-2032 (US$ Billion)
8.1. Generation X Market Analysis 2018-2032 (US$ Billion)
8.1.1. North America
8.1.2. Europe
8.1.3. Asia Pacific
8.1.4. Latin America
8.1.5. Middle East & Africa
8.2. Baby Boomers Market Analysis 2018-2032 (US$ Billion)
8.3. Generation Y Market Analysis 2018-2032 (US$ Billion)
8.4. Generation Z Market Analysis 2018-2032 (US$ Billion)
9. Global Anti-Aging Market Devices Analysis by Region, 2018-2032 (US$ Billion)
9.1. Anti-cellulite treatment Market Analysis 2018-2032 (US$ Billion)
9.1.1. North America
9.1.2. Europe
9.1.3. Asia Pacific
9.1.4. Latin America
9.1.5. Middle East & Africa
9.2. Laser aesthetic devices Market Analysis 2018-2032 (US$ Billion)
9.3. Microdermabrasion devices Market Analysis 2018-2032 (US$ Billion)
9.4. Radiofrequency devices Market Analysis 2018-2032 (US$ Billion)
10. Global Anti-Aging Market End User Analysis by Region, 2018-2032 (US$ Billion)
10.1. Hospitals Market Analysis 2018-2032 (US$ Billion)
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Latin America
10.1.5. Middle East & Africa
10.2. Clinics Market Analysis 2018-2032 (US$ Billion)
10.3. Home healthcare Market Analysis 2018-2032 (US$ Billion)
11. Anti-Aging Market Analysis by Geography, 2018-2032 (US$ Billion)
11.1. North America Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.1.1. U.S. Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.1.1.1. Products
11.1.1.2. Treatment
11.1.1.3. Demography
11.1.1.4. Devices
11.1.1.5. End User
11.1.2. Canada Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.1.3. Mexico Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.2. Europe Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.2.1. UK Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.2.1.1. Products
11.2.1.2. Treatment
11.2.1.3. Demography
11.2.1.4. Devices
11.2.1.5. End User
11.2.2. France Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.2.3. Germany Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.2.4. Spain Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.2.5. Russia Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.2.6. Italy Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.2.7. Rest of Europe Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.3. Asia Pacific Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.3.1. China Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.3.1.1. Products
11.3.1.2. Treatment
11.3.1.3. Demography
11.3.1.4. Devices
11.3.1.5. End User
11.3.2. Japan Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.3.3. South Korea Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.3.4. India Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.3.5. Australia Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.3.6. Southeast Asia Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.3.7. Taiwan Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.3.8. Rest of Asia Pacific Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.4. Latin America Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.4.1. Brazil Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.4.1.1. Products
11.4.1.2. Treatment
11.4.1.3. Demography
11.4.1.4. Devices
11.4.1.5. End User
11.4.2. Argentina Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.4.3. Rest of Latin America Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.5. Middle East Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.5.1. Israel Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.5.1.1. Products
11.5.1.2. Treatment
11.5.1.3. Demography
11.5.1.4. Devices
11.5.1.5. End User
11.5.2. Turkey Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.5.3. Saudi Arabia Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.5.4. UAE Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.5.5. Rest of Middle East Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.6. Africa Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.6.1. Egypt Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.6.1.1. Products
11.6.1.2. Treatment
11.6.1.3. Demography
11.6.1.4. Devices
11.6.1.5. End User
11.6.2. South Africa Anti-Aging Market Analysis 2018-2032 (US$ Billion)
11.6.3. Rest of Africa Anti-Aging Market Analysis 2018-2032 (US$ Billion)
12. Company Profiles
12.1. Unilever Group
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Benchmarking
12.1.4. Strategic Initiatives
12.2. Unilever Group
12.3. GALDERMA LABORATORIES L.P.
12.4. Procter & Gamble (P&G) Company
12.5. Nu Skin Enterprises Inc.
12.6. Hologic Inc.
12.7. Pierre Fabre S.A.
12.8. Shiseido Company Limited
12.9. Candela Corporation
12.10. Home Skin Ovations Ltd.
12.11. Estee Lauder
13. COVID-19 Impact Analysis
13.1. Global Anti-Aging Market, 2020 – 2032, Pre-V/S Post COVID 19
13.2. Estimated Impact of The Coronavirus (Covid-19) Epidemic on the Anti-Aging Market Size In 2022, By Scenario
13.3. Impact on Supply Chain and Production in Anti-Aging Market
13.4. Impact on Import and Export
14. Import-Export Analysis
14.1. North America Anti-Aging Import-Export, 2018 – 2022
14.2. Europe Anti-Aging Import-Export, 2018 – 2022
14.3. Asia Pacific Anti-Aging Import-Export, 2018 – 2022
14.4. Latin America Anti-Aging Import-Export, 2018 – 2022
14.5. Middle East America Anti-Aging Import-Export, 2018 – 2022
14.6. Africa Anti-Aging Import-Export, 2018 – 2022
15. Anti-Aging Marketing Channel Analysis
15.1. Marketing Channel
15.1.1. Direct Marketing
15.1.2. Indirect Marketing
15.1.3. Development Trend
15.2. Market Positioning
16. Anti-Aging Manufacturing Cost Analysis
16.1. Key Raw Materials
16.2. Key Raw Material Suppliers
16.3. Market Concentration Rate
16.4. Manufacturing Cost Structure
16.5. Process Analysis
17. Conclusion
