Lucintel Forecasts Anti-Aging Market to Reach $73 Billion by 2027

According to the recent study the anti-aging market is projected to reach an estimated $73 billion by 2027 from $53.3 billion in 2021, at a CAGR of 5.2% from 2021 to 2027. Growth in this market is primarily driven by the growing aging population and increasing awareness about the advantages of using anti-aging products.

Browse 73 figures / charts and 52 tables in this 202 -page report to understand trends, opportunities and forecast in anti-aging market by product (anti-wrinkle, anti-stretch mark, nourishment, anti-pigmentation, and acne, hair care, sun care products, herbal products, and others) by application (skin care and hair care), age (baby boomers, generation X, and generation Y), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Anti-wrinkle market is expected to remain the largest segment during the forecast period.”

Based on product, the anti-aging market is segmented into anti-wrinkle, anti-stretch mark, nourishment, anti-pigmentation, and acne, hair care, sun care products, herbal products, and others. Lucintel forecasts that the anti-wrinkle market is expected to remain the largest segment due to growing aging population, Increasing Awareness of Consumer Appearance and Proactive Consumers.

“Within the anti-aging market, the skin care segment is expected to remain the largest application.”

Based on application the skin care segment is expected to witness the highest growth over the forecast period due to rapidly increasing consumer consciousness about using these products to promote or maintain a younger appearance.

“North America will dominate the anti-aging market in near future.”

North America is expected to remain the largest market over the forecast period due to growing geriatric population and acceptance of advanced and innovative products and APAC witness the highest growth over the forecast period due to rapid growth in the aging population base and increasing awareness regarding signs of aging coupled with an increasing spending capacity in this region.

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Major players of anti-aging market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. L’Oréal SA, Procter & Gamble, Estee Lauder Companies Inc., Unilever PLC, and Allergen PLC are among the major anti-aging providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/anti-aging-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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