Anti-aging Market to Surpass Valuation of US$ 284.8 Bn by 2028, Notes TMR Study

ALBANY, N.Y., Jan. 27, 2022 /PRNewswire/ -- The global anti aging market is expected to rise at a CAGR of 4.4% during the forecast period, from 2021 to 2028. The global market was valued at US$ 163.8 Bn in 2020 and is expected to surpass valuation of US$ 284.8 Bn by 2028. Anti-aging products has evolved over the years, and latest technologies have helped to broaden its device, service, and product offerings. These products come with a high acceptance rate, as they are more affordable and readily available than services and equipment.

Sales of anti-aging product are being fueled by the increasing acceptance of therapeutic solutions to conceal skin wrinkles and age symptoms. Technological breakthroughs in product manufacturing, rise in the number of market participants, and R&D activities to find the most appropriate components to use in anti-aging products are contributing to the growth of the global anti-aging market.

The demand from aging population is estimated to be a major factor driving sales of anti-aging products. Anti-wrinkle and other skin care products are popular among consumers who want to appear younger. This factor is likely to contribute to the growth of the global anti-aging market. Japan has the most individuals above the age of 65 years, and this trend is anticipated to continue in the upcoming years. Increasing number of women in the U.S. use anti-wrinkle creams to address the symptoms of aging, which is expected to boost the anti-aging market in North America.

Request Brochure of Anti-aging Market Research Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1754

Key Findings of Market Report

• The global anti-aging market is driven by increasing awareness about anti-aging products for the skin and body among the younger population. People are more willing to care for their skin as a result of rising skin problems caused by alcohol intake, pollution, and improper diet, among other factors. The growing desire among individuals to look youthful and healthy is expected to fuel the demand for anti-aging products such as gels, lotions, and creams.
• Rise in the availability of cosmetics online and a strong customer inclination toward online shopping due to offers and discounts, the online stores category is predicted to grow at a rapid growth rate
• In 2020, the creams category led the global anti-aging market, and this trend is expected to remain during the forecast period. Creams are the most common and multifunctional type of skincare product. Increasing availability, convenience of use, client preference, and the number of beauty stores are likely to drive this segment.
• Hyaluronic acid-based anti-wrinkle lotions are frequently promoted as a cost-effective alternative to medical treatments for treating wrinkles. Hyaluronic acid (HA) is an important moisturizer with high water retention ability, particularly for human skin.

Request for Analysis of COVID-19 Impact on Anti-aging Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1754

Anti-aging Market: Growth Drivers

• The number of Internet users has increased at an exponential rate across the globe. As such, firms such as Procter & Gamble and Unilever and have partnered with online trading companies to take advantage of the opportunities of e-commerce platforms and increase revenue and profit margins. To attract customers, many businesses rely heavily on Internet advertising.
• As customers' purchasing power grows, they will be more inclined to purchase branded goods. Consumers are gravitating toward high-quality items as a result of advertising and changing lifestyles. Rise in consumer purchasing power in Asia Pacific is likely to offer growth opportunities in the regional anti-aging market.

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough, Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=1754

Global Anti-aging Market: Key Players

Some of the key market players are

• The Estée Lauder Companies, Inc.
• Procter & Gamble Co.
• ZO Skin Health, Inc.
• L'Oréal S.A.
• Beiersdorf AG
• Johnson & Johnson

Buy Anti-aging Market Research Report – https://www.transparencymarketresearch.com/checkout.php?rep_id=1754&ltype=S

Global Anti-aging Market: Segmentation

Product

• Gels
• Serums
• Creams
• Others

Target Group

• Male
• Female

Ingredient

• Retinoid
• Hyaluronic Acids
• Alpha Hydroxy Acids
• Others

Treatment

• Body Care
• Facial Care

Distribution Channel

• Pharmacies
• Stores
• Online Stores

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:

Corporate Wellness Market: The demand within the global corporate wellness market is growing on account of advancements in the domain of employee welfare. The corporate sector has come under the radar of scrutiny, and is being closely monitored for its employee welfare policies.

Cosmetic Lasers Market: The various procedures that can be carried out with the help of cosmetic lasers are hair removal, tattoo removal, skin rejuvenation, wrinkles, acne & scar removal, and many others. Expansion in the cosmetic industry and rise in awareness about physical appearance among individuals are likely to drive the cosmetic lasers market.

Sleep Aids Market: The global sleep aid devices market gather momentum from the rising prevalence of insomnia all over the world. A substantial chunk of the global population suffers from insomnia. Furthermore, people over the age of 60 years are prone to insomnia, which is why growing geriatric population is expected to support expansion of the global sleep aid devices market in times to come.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact

Mr. Rohit Bhisey

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Browse PR - https://www.transparencymarketresearch.com/pressrelease/anti-aging-market.htm

SOURCE Transparency Market Research