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  • Anti-Aging Products and Therapies Market Growth Analysis | 2023-2028

    Anti-Aging Products and Therapies Market Growth Analysis | 2023-2028

    Anti-Aging Products and Therapies Market Growth Analysis | 2023-2028
    Report code - SRHL197 Delivery - 2 Weeks
    Anti-Aging Products and Therapies Market Size, Share, Trends, Dynamics, Forecast, & Gr See more...

    Market Insights

    The anti-aging products and therapies market was estimated at USD 1.96 billion in 2022 and is likely to grow at a CAGR of 8.1% during 2023-2028 to reach USD 3.13 billion in 2028.

    Anti-Aging-Products-And-Therapies-Market-Insights

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    What are anti-aging products and therapies?

    Aging is a maturing phase that involves a decline in stamina, strength, agility, speed, basal metabolism, acute hearing, and sexual activity. The bones are more fragile, the teeth shed easily, and the skin is drier. Aging skin is mainly associated with a sagging face, in which deeper tissues such as subjacent soft tissue and structural landmarks lose their resiliency. Anti-aging is a process of limiting or slowing these changes through various products and therapies.

    COVID-19 Impact

    The ongoing COVID-19 pandemic has negatively affected the anti-aging products and therapies industry. Government bodies across the globe are focusing on curbing COVID-19 with stringent measures, such as nationwide lockdowns, social distancing, and large-scale quarantine to prevent the spread of the coronavirus. Due to the outbreak of the coronavirus disease COVID-19, several elective and non-essential anti-aging surgical procedures were canceled or postponed across the globe, which, in turn, hampers the market growth.

    Anti-Aging Products and Therapies Market Highlights

    Market Size in 2022

    USD 1.96 billion

    Market Size in 2028

    USD 3.13 billion

    Market Growth (2023-2028)

    8.1% CAGR

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Market Dynamics

    Growing incidences of skin cancer are a key driver for anti-aging reconstructive procedures.

    • The significant technological developments coupled with rising R&D activities have resulted in the introduction of anti-aging treatments such as breast implants, plastic surgeries, etc., thus driving the market growth.
    • Furthermore, increasing consciousness about aging among the youth and adults regarding their physical appearance has further led to surging demand for the product.
    • However, the cost of products and risks of anti-aging treatments being unsafe are likely to hinder the industry's expansion.

    Anti-Aging-Products-And-Therapies-Market-Dynamics

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    Segment Analysis

    Therapy Type

    The liposuction segment held the largest market share in 2022 and is projected to grow at a healthy CAGR during the forecast timeline.

    • Based on therapy the anti-aging products and therapies market has been segmented into liposuction, BOTOX, rejuvenation and dermal fillers, hormone replacement therapy, gene therapy, sclerotherapy, hair restoration services, abdominoplasty, anti-pigmentation therapy, breast augmentation, others.
    • This is mainly ascribed to the gaining popularity of a fit body due to the increased influence of social media.
    • In addition, technological advancements and raising awareness about liposuction among the young generation are further contributing to the segment growth.

    Regional Insights

    The North American market garnered the highest market share in 2022 and is estimated to grow at a steady CAGR during the forecast timeline.

    • This can be attributed to the growing aged population, especially Generation Y, who are more conscious about wellness, beauty, and physical appearance, proliferating the industry growth in the region.
    • Moreover, increasing purchasing power, availability of well-established infrastructure, rising awareness about plastic surgery, and the presence of key market players, further augment the regional growth.

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    Critical Questions Answered in the Report

    • What are the key trends in the market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the market?
    • What are the key strategies adopted by the major vendors to lead in the market?
    • What is the market share of the top vendors?

    Market Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The market is segmented into the following categories.

    By Product Type

    • Anti–ageing
    • Anti-wrinkle
    • Anti-stretch marks
    • Hair color
    • UV absorption
    • Others

    By Therapy Type

    • Liposuction
    • BOTOX
    • Rejuvenation and dermal fillers
    • Hormone replacement therapy
    • Gene therapy, Sclerotherapy
    • Hair Restoration Services
    • Abdominoplasty
    • Anti-Pigmentation Therapy
    • Breast Augmentation
    • Others

    By Demography Type

    • Baby Boomer
    • Generation X
    • Generation Y

    By Region

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and the Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and the Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Anti-Aging-Products-And-Therapies-Market-Segmentation

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    Key Players

    Key players operating in the anti-aging products and therapies market are –

    • Unilever Plc (UK),
    • L’Oréal S.A. (France),
    • Beiersdorf AG (Germany),
    • The Estée Lauder Companies Inc. (The U.S.),
    • Allergan plc (The U.S.),
    • The Procter & Gamble Company (The U.S.),
    • Shiseido Cosmetics (Japan),
    • Procter & Gamble Company (The U.S.),
    • Koninklijke Philips NV (Netherlands), and
    • Orlane Paris (France).

    Report Features

    This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Anti-Aging Products and Therapies Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

    We conducted more than 10 detailed primary interviews with companies across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by therapy type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Aging is a maturing phase that involves a decline in stamina, strength, agility, speed, basal metabolism, acute hearing, and sexual activity. The bones are more fragile, the teeth shed easily, and the skin is drier. Aging skin is mainly associated with a sagging face, in which deeper tissues such as subjacent soft tissue and structural landmarks lose their resiliency. Anti-aging is a process of limiting or slowing these changes through various products and therapies.

    The anti-aging products and therapies market was estimated at USD 1.96 billion in 2022.

    The anti-aging products and therapies market is likely to reach USD 3.13 billion in 2028.

    The anti-aging products and therapies market is expected to witness an impressive CAGR of 8.1% in the foreseeable future.

    Unilever Plc (UK), LOral S.A. (France), Beiersdorf AG (Germany), The Este Lauder Companies Inc. (The U.S.), Allergan plc (The U.S.), The Procter & Gamble Company (The U.S.), Shiseido Cosmetics (Japan), Procter & Gamble Company (The U.S.), Koninklijke Philips NV (Netherlands), and Orlane Paris (France) are among the key players in the market.

    North American market garnered the highest market share in 2022 and is estimated to grow at a steady CAGR during the forecast timeline.

    The liposuction segment held the largest market share in 2022 and is projected to grow at a healthy CAGR during the forecast timeline.

    The significant technological developments coupled with rising R&D activities, and increasing consciousness about aging among the youth and adults regarding their physical appearances are the factors driving the growth of the market.