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The Study Covers Anti Aging Cosmetics Products Market Report Trends & Forecast and It is Segmented by Type (Products and Devices), Application (Anti-Wrinkle Treatment, Anti-Pigmentation, Skin Resurfacing, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Report Offers the Value (in USD Million) for the Above Segments.
The statistic shows the estimated size of the anti-aging products market worldwide in 2022 and 2023, including a forecast for 2024 to 2032. In 2023, the global anti-aging products market was estimated to be worth about 47 billion U.S. dollars. The market is estimated to see a compound annual growth rate (CAGR) of nearly six percent between 2023 and 2032.Anti-aging market – additional informationSociety drives people in every way to look beautiful. They see it on television, in the movies, and in magazines. The social pressure associated with physical appearance is typically much greater for girls than boys in almost every society.There is so much emphasis on a youthful appearance and the cosmetic industry is taking full advantage of this persona. For instance, the United States is a key market in the global cosmetic industry, generating an estimated revenue of approximately 49 billion U.S. dollars in 2022.The leading cosmetic brand worldwide was L’Oréal, with a brand value of more than 13 billion U.S. dollars in 2024. One of its closest competitors, Gillette, had a brand value of about 7.4 billion U.S. dollars. L’Oréal is a French cosmetics and beauty company. The company owns many popular brands and is one of the world’s largest cosmetics companies. L’Oréal announced that they have spent two decades studying skin cell biology to formulate an anti-aging and skin-changing product line that defies a laser. Many people today use creams to slow the aging process. Facial anti-aging skin care products are among the most popular skin care categories in the United States.The global anti-aging products market is expected to grow at a compound annual growth rate (CAGR) of around six percent between 2023 and 2032. The market’s size is projected to reach nearly 80 billion U.S. dollars by 2032.
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The global anti-aging market size reached USD 75.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 122.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5.5% during 2025-2033. The burgeoning demand for anti-aging solutions among the geriatric population, continuous technological advancements, escalating consumer awareness regarding skincare, rising disposable incomes in emerging economies, surging endorsements by influencers, expanding distribution channels, the impact of pollution on skin health, and a focus on research and development (R&D) activities are some of the factors facilitating the market growth.
Report Attribute
|
Key Statistics
|
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Base Year
|
2024
|
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
| USD 75.7 Billion |
Market Forecast in 2033
| USD 122.9 Billion |
Market Growth Rate 2025-2033 | 5.5% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and country levels for 2025-2033. Our report has categorized the market based on the demography, industry, product type, and device and technology.
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As per the FMI’s revised market report, sales of anti-aging product services and devices accumulate a present valuation of US$ 60,764.40 million in 2024. Going by this trend, the anti-aging product service market amplifies and equates to a market worth US$ 1,01,843.40 million, with a steady CAGR of 5.30% by 2034.
Attributes | Details |
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Market Value for 2024 | US$ 60,764.40 million |
Market Value for 2034 | US$ 1,01,843.40 million |
Market CAGR from 2024 to 2034 | 5.30% |
Catalysts Catapulting Growth in the Anti-aging Product Service and Device Industry
Attributes | Details |
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Market Value for 2019 | US$ 36100.72 million |
Market Value for 2023 | US$ 60,462.10 million |
Market CAGR from 2019 to 2023 | 9.80% |
Category-wise Outlook
Segment | Anti-wrinkle Treatment |
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Share (2024) | 24.70% |
Segment | Moisturizers |
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Share (2024) | 18.80% |
Country-wise Analysis
Countries | CAGR (2024 to 2034) |
---|---|
United States | 1.80% |
Canada | 2.60% |
Countries | CAGR (2024 to 2034) |
---|---|
France | 4.750% |
Spain | 4.530% |
Italy | 4.310% |
Germany | 3.800% |
United Kingdom | 3.200% |
Countries | CAGR (2024 to 2034) |
---|---|
India | 7.80% |
Malaysia | 5.30% |
Thailand | 5.70% |
Indonesia | 4.80% |
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The Global Anti-Aging Products Market Report is Segmented by Product Type (Facial Creams and Lotions, Serums and Concentrates, Under Eye Creams, and Others); Distribution Channel (Supermarkets/ Hypermarkets, Specialty Stores, Pharmacies/Drug Stores, Online Retail Stores, and Other Distribution Channels); and Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.
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The global anti-aging products market size was USD 111.6 billion in 2020 and will reach USD 162.9 Billion by 2028, at a CAGR of 4.3%.
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The anti-aging drugs market is estimated to grow from $79 million in 2025 to $2.8 billion in 2040, growing at a CAGR of 27% during the forecast period 2025 - 2040
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The Anti-Aging Market estimated size and share is projected to exceed USD 126.39 billion by 2034, with a forecasted CAGR of 5.8% during the period.
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Anti-Aging Market size was valued at USD 60.42 billion in 2019 and is expected to reach USD 119.6 billion by 2031, growing at a CAGR of 7.9% during the forecast period (2024-2031).
Anti-Aging Products Market Size 2024-2028
The anti-aging products market size is forecast to increase by USD 20.6 billion at a CAGR of 6.6% between 2023 and 2028. The market's growth hinges on various factors, notably the demographic shift toward an increasing older population, driving demand for anti-aging and skincare solutions. Moreover, the rising beauty consciousness among people, spurred by social media and beauty influencers, fuels market expansion. Additionally, the wave in research and development activities fosters innovation, leading to advanced formulations and novel products catering to diverse consumer needs. These factors collectively propel the growth of the beauty and skincare market, offering opportunities for industry players to capitalize on evolving consumer preferences and market dynamics while addressing the diverse skincare needs of an aging population.
What will be the Size of the Market During the Forecast Period?
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The market is driven by a convergence of factors, including the rising demand for multi-functional cosmetic products catering to various skincare needs. Additionally, the proliferation of technological developments has led to the emergence of innovative formulations such as serum masks and cosmeceutical skincare items. Changing lifestyles and social transformations have also fueled the market as individuals seek for the betterment of themselves. However, challenges persist, including concerns over harmful ingredients like synthetic compounds and plastic, urging a shift towards organic and herbal cosmetics products. Moreover, addressing the skincare needs of younger generations presents both opportunities and challenges for market players. For instance, the rising demand for anti-aging products is often driven by individuals seeking enhanced physical appearance, sometimes leading to the misuse of substances like Trenbolone Enanthate, despite its primary use being in the realm of muscle growth and performance enhancement rather than cosmetic benefits.
Moreover, the market is expected to continue its growth trajectory in the coming years. As the population ages and individuals become more conscious of their appearance and health, the demand for effective anti-aging solutions is likely to increase. Companies in the beauty industry will need to adapt to these trends by offering innovative and high-quality anti-aging products that cater to the changing needs and preferences of consumers. In conclusion, the market is experiencing growth due to various factors, including an aging population, changing lifestyles, and technological advancements. Consumer preferences are shifting towards natural and organic options, and companies in the beauty industry will need to adapt to meet these demands. By offering effective and innovative anti-aging solutions, companies can capitalize on this growing market and meet the needs of consumers seeking to improve their appearance and overall well-being.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
End-user
Skin care
Hair care
Others
Distribution Channel
Supermarkets and hypermarkets
Online
Pharmacy and drug stores
Specialty stores
Geography
North America
Canada
US
Europe
Germany
France
APAC
Japan
South America
Middle East and Africa
By End-user Insights
The skin care segment is estimated to witness significant growth during the forecast period. The market experienced a notable expansion in 2023, with the skin care segment leading the way. This segment encompasses topical solutions like creams, lotions, and serums, designed to enhance skin tone and reduce the appearance of wrinkles. The increasing recognition of the significance of anti-aging skincare routines and advancements in the production of these products have fueled market growth. Additionally, demographic shifts, including an aging population, have contributed to the market's expansion. In the US, consumers are increasingly seeking effective solutions to combat the signs of aging, making this a thriving market. Despite the popularity of anti-aging products, it is essential to be cautious about harmful ingredients, such as alcohol consumption and synthetic components.
Always opt for reputable brands and consult with a dermatologist or skincare professional for personalized recommendations.
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The skin care segment was valued at USD 34.60 billion in 2018 and showed a gradual increase during the forecast period.
Regional Insights
APAC is estimated to contribute 31% to the growth of the global market during the forecast period.
The value of anti-aging market in Latin America is forecast to reach approximately four billion U.S. dollars by 2027, up from the 3.05 billion U.S. dollars in 2022. A compound annual growth rate (CAGR) of around 5.54 percent is expected for the period. In 2021, personal hygiene products, fragrances, and hair care items were the largest segments in Latin America's beauty and personal care market.
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[219+ Pages Report] The global Anti-Aging market size is expected to grow from USD 200.12 billion to USD 422.81 billion by 2030, at a CAGR of 8.61% from 2023-2030
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Discover the projected growth of the Asia-Pacific Anti-Aging Market, expected to expand at an approximate rate of 7.0% annually from 2024 to 2030
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Japan anti aging market size reached USD 7.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 11.3 Billion by 2033, exhibiting a growth rate (CAGR) of 5.5% during 2025-2033. The market is driven by the rapidly aging population in the country, the increasing focus on health and well-being, and advancements in skincare technologies, including the development of high-quality skincare products, non-invasive treatments, and innovative ingredients.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
| 2025-2033 |
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 7.0 Billion |
Market Forecast in 2033 | USD 11.3 Billion |
Market Growth Rate (2025-2033) | 5.5% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product and devices and application.
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According to Cognitive Market Research, The Global Anti aging Products market size is USD 175945.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
North America Anti aging Products held the major market of more than 40% of the global revenue with a market size of USD 70378.08 million in 2023 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2023 to 2030.
Europe Anti aging Products accounted for a share of over 30% of the global market size of USD 52783.56 million in 2023.
Asia Pacific Anti aging Products held the market of more than 23% of the global revenue with a market size of USD 40467.40 million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2023 to 2030.
South America Anti aging Products market of more than 5% of the global revenue with a market size of USD 8797.26 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030.
Middle East and Africa Anti aging Products held the major market of more than 2% of the global revenue with a market size of USD 3518.90 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030.
The increasing need for antiaging products across all demographic groups can be attributed to a number of factors, including the population's continual aging and rising awareness.
Demand for females remains higher in the antiaging products market.
The facial care category held the highest antiaging products market revenue share in 2023.
Increasing Number of Older Population to Provide Viable Market Output
The market expansion for antiaging products is mostly being driven by the growing elderly population. The number of elderly people is rising sharply. This is the outcome of several things, including decreased fertility rates, better living conditions, and advancements in medical care. The number of older adults in their 30s to 45s has been rising recently, as has consumer demand for antiaging products that prolong their youth. Furthermore, more than any other age group, middle-aged adults fear getting old since extrinsic aging signs are so prevalent. The look of the face is altered by intrinsic aging, also known as chronological aging. These changes include decreased skin elasticity and collagen, reduced melanogenesis, fewer hair follicles, wrinkles, and increased hyperpigmentation. In the same way, environmental aging brought on by pollution, stress, diet, and climate damages the dermis, compromising collagen and elastic fibers. People in their middle years have started using antiaging skin and hair care products because they want to look young. Due to the rising demand for skin care products like lotions, the market is expected to rise at a quicker rate over the projected period.
Increased Technological Advancements to Propel Market Growth
Skin tightness and elasticity are enhanced by technologically improved products and procedures. They aid in the efficient treatment of cellulite, sunspots, fine lines, and wrinkles to improve the suppleness of the skin. These products and techniques offer significant advantages in terms of effectiveness and non-invasiveness. The utilization of these solutions for both at-home and hospital/clinic use has significantly expanded as a result of these benefits. Therefore, developments in product composition and treatment techniques are boosting the antiaging products market.
For instance, in October 2019, the non-invasive electromagnetic technique known as StimSure was introduced in Europe and the Middle East by Hologic Inc.'s Cynosure subsidiary. By stimulating or contracting the muscles, the technology tones and grows muscle in the thighs, buttocks, and abdomen. It may provide up to 24,000 contractions in only 20 to 30 minutes, giving results that appear natural.
(Source: www.haut-und-laser-zentrum.de/en/behandlungen/body-contouring/stimsure/)
Therefore, it is anticipated that the launch of cutting-edge treatment solutions will propel the antiaging products market in the near future.
Market Restraints of the Anti aging Products
High Prices of Antiaging Products will Restrict Market Growth
The market expansion for antiaging products is being hindered by the high cost of these products. Cosmetic items, such antiaging creams, serums, and other antiaging face cosmetics, can be pricey because they contain price...
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The Anti-Aging Market is projected to grow at 8.5% CAGR, reaching $87.51 Billion by 2029. Where is the industry heading next? Get the sample report now!
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The global Antiaging Market size is expected to reach USD 381.11 Billion in 2032 registering a CAGR of 7.3%. Our report provides a comprehensive overview of the industry, including key players, market share, growth opportunities and more.
In 2023, the market size of the anti-aging industry in China amounted to 73.98 billion yuan, representing a year-over-year growth of over 10 percent. It was forecast that the market would maintain its momentum, reaching a value of 103.75 billion yuan by 2027.
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The Anti-aging Supplements Market size will exceed a valuation of USD 8.80 billion by 2032, to grow at a CAGR of 7.9% during the forecast period.
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The size and share of the market is categorized based on Type (UV Absorbers, Anti-Wrinkle Products, Anti-Stretch Marks Products, Natural Products, Hair Colour) and Application (Men, Women) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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The Study Covers Anti Aging Cosmetics Products Market Report Trends & Forecast and It is Segmented by Type (Products and Devices), Application (Anti-Wrinkle Treatment, Anti-Pigmentation, Skin Resurfacing, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Report Offers the Value (in USD Million) for the Above Segments.