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Aging is brought about by a cycle of various biochemical processes in the body that affect it, both internally and externally. The report further anticipates the market to reach a value of US$ 79.5 Billion by 2024, at a projected CAGR of 7.98% over the forecast period.
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2. Report DescriptionAbout IMARC Group
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3. Report DescriptionReport Description and Highlights
Global Anti-Aging Market Overview:
Aging is brought about by a cycle of various biochemical processes in the body that affect it, both
internally and externally. Anti-aging products are designed to reduce or diminish the effects of aging
and include powdered supplements, skin creams, and facial masks. A new research report by IMARC
Group, titled “Anti-Aging Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2019-2024”, estimates that the market was worth US$ 50.2 Billion in 2018. The report further
anticipates the market to reach a value of US$ 79.5 Billion by 2024, at a projected CAGR of 7.98% over
the forecast period.
Global Anti-Aging Market Scenario:
The market has experienced several technological innovations over the past several years. Efforts have
been made to enhance the efficacy and safety of the anti-aging products and procedures. Furthermore,
manufacturers have been focusing on aggressive marketing strategies, and brand and product
endorsements by celebrities, which are also playing a crucial role in influencing consumers and driving
the growth of the anti-aging industry.
Market Drivers/Constraints:
4. Report DescriptionReport Description and Highlights
120.2
125.5 130.8 136.1 141.4 146.7 152.0 157.3
0
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2011 2012 2013 2014 2015 2016 2017 2018
inBillionUS$
160.0 165.3 170.6 175.9 181.2 186.5
0
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2019 2020 2021 2022 2023 2024
InBillionUS$
• As a result of advancement in the field of medicine, the average life-span of and individual has
increased as compared to earlier times. This has led to a rise in the population of people aged
50 years and above, which is significantly contributing to the demand for anti-aging products.
• The market is restrained by factors such as high costs of research and development, and
manufacturers and the presence of counterfeit products.
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5. Report DescriptionReport Description and Highlights
• With increasing focus on physical appearances, both young and old consumers are seeking out
anti-aging and preventive skin and hair care solutions. This trend, coupled with the rising
consumer base for quick and effective anti-aging solutions, has boosted the demand for
various anti-aging products.
• Due to technological developments, and introduction of safer and more effective anti-aging
cosmetics in the market, the consumer-base of these products has rapidly expanded, thereby
facilitating the market growth.
Key Market Segmentation:
Market Segmentation by Product Type
• Anti-Wrinkle Products
• Anti-Pigmentation Products
• Sunscreen Products
• Anti-Hair Fall Products
There are a large number of anti-aging products available in the market for the varying needs of the
consumers. Currently, anti-wrinkle products dominate the market, accounting for the majority of the
total global market.
6. Report Description
Report Description and Highlights
They are followed by anti-pigmentation products, sunscreen products and hair care products.
Market Segmentation by Demographic
• Age Group
• Gender
• Income
The anti-aging market has been segmented on the basis of key, demographic factors such as age,
gender and income group. Currently, people belonging to the age group of 35-55-year account for
majority of the total consumption, and the market is dominated by females and people belonging to
high-income group.
Market Segmentation by Devices and Technology
• Microdermabrasion Devices
• Aesthetic Energy Devices
o Laser Devices
o Intense Pulsed Light Devices
7. Report DescriptionReport Description and Highlights
o Radio Frequency Devices
o Ultrasound Devices
The major devices used for anti-aging procedures include microdermabrasion devices and aesthetic
energy devices, which are further classified into radio frequency devices and ultrasound devices.
Market Segmentation by Region
• France
• Germany
• Italy
• United Kingdom
• Russia
• Spain
• United States
• Brazil
• Japan
• South Korea
8. Report DescriptionReport Description and Highlights
• China
• Thailand
• India
On a geographical front, the United States accounts for the largest share in the global anti-aging
market on account of the high consumer awareness regarding anti-aging products. The United States is
followed by Japan, France, Brazil, Germany, China, South Korea and Italy.
Market Segmentation by Industry
• Skin Care Industry
• Hair Care Industry
• Dental Care Industry
Since most signs of aging like wrinkles, cellulite, pigmentation and sagging, start appearing on the skin
first, the anti-aging skin care market currently represents the largest industry, holding more than half
of the total global market. It is followed by anti-aging hair-care industry and anti-aging dental-care
industry.
9. Report DescriptionReport Description and Highlights
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players.
• Allergan
• L’Oréal
• Beiersdorf
• Estee Lauder
• Procter & Gamble
• Shiseido
• Unilever
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Partial List of Clients
11. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients