The global Anti-aging market gathered revenue around USD 165.9 billion in 2021 and market is set to grow USD 290.2 billion by the end of 2030 and is estimated to expand at a modest CAGR of 6.4% during the prediction period 2022 to 2030.
Growth Factors:
Aging is defined as cycles of biochemical activities in the body caused by factors, which affect the body over a period internally as well as externally and leads to degeneration of body affecting beauty, health, and fitness of an individual. The anti-aging market has evolved over the centuries and modern technology has contributed with widening its reach in products, services, and devices. Anti-aging products provide a market, which has high adoption as it, is comparatively affordable and available than services and devices.
North America was the largest market for anti-aging products in 2020. The market in the region is anticipated to be driven by the availability of well-established infrastructure, presence of major market players, and increase in average life expectancy and the median age. The anti-aging market is likely to witness sluggish growth during the COVID-19 pandemic compared to the non-COVID-19 period. According to a research article published in the Journal of the American Academy of Dermatology, there was a significant reduction in the search volume index related to cosmetic procedures from 71.8 to 45.1 during the COVID-19 pandemic.
Key companies in the region focus on strengthening their market position through R&D and new product launches. In February 2019, Lutronic Aesthetic received the U.S. FDA clearance for the Lutronic Genius platform, which is used in precise coagulation and results in regeneration of collagen and elastin, thereby improving scars, skin texture, wrinkles, and laxity anywhere on the body. These factors are expected to propel the market in North America
Report Scope of the Anti-aging Market
Report Coverage |
Details |
Market Size |
US$ 290.2 Billion by 2030 |
Growth Rate |
CAGR of 6.4% from 2022 to 2030 |
Largest Market |
North America |
Fastest Growing Market |
Asia Pacific |
Base Year |
2021 |
Forecast Period |
2022 to 2030 |
Segments Covered |
Product, Target Group, Ingredient, Distribution Channel, Treatment and Region, |
Companies Mentioned |
Procter & Gamble Co., Johnson & Johnson, Unilever plc, Shiseido Company, Limited, ZO Skin Health, Inc., L’Oreal Paris, The Estée Lauder Companies, Inc., Beiersdorf, and PHYTOMER. |
Increasing Awareness of Aging Signs in Younger Generation Driving Global Market
The growing awareness of anti-aging products for body and skin in younger generation is driving the global anti-aging market. People are more likely to take care of their skin due to rising skin complications due to pollution, unhealthy eating, alcohol consumption, etc. The increasing efforts of people to look young and healthy is a factor driving the demand for various anti-aging products such as, creams, lotions, gels, etc. Many people are opting for various skin care treatments, cosmetics procedures for improving their skin, appearance, reduce pigmentation, and damage caused by ultraviolet rays, etc. Surging aging population and rising presence of market players operating in the global anti-aging market to provide innovative solutions to cure your skin are contributing to the market growth to a great extent.
In addition, rising geriatric population in emerging economies is also responsible for the increasing sales of anti-aging products across the globe. Thus, there is a consistent demand for anti-wrinkle products from aging people across different regions. Consumer preference to use anti-wrinkle creams and lotions to look young and beautiful is driving the global anti-aging market. Asia Pacific countries such as Japan is expected to account for the largest market share due to high geriatric population.
Product manufacturers from Asia Pacific are focusing on product innovations to gain potential growth opportunities in the anti-aging market during the forecast period. In order to hide the signs of aging, women are more likely to use anti-aging products. This factor acts as a key driver of the anti-aging market in North America.
Surge in Awareness about Aging Signs in Younger Generation
The anti-aging market is not only driven by population turning old, but also by the young population who is willing to delay the process of aging (especially with their appearance) and start from their mid-thirties to care about their skin, hair, and body. A large percentage of the young population is experiencing drastic environmental changes and sedentary lifestyle, which has increased health problems, and have made them more conscious about their looks, appearance, and health.
Creams Segment to Dominate Market
In terms of product, the global anti-aging market has been classified into serums, gels, creams, and others. The creams segment dominated the global anti-aging market in 2020 and the trend is projected to continue during the forecast period. Creams are the most diverse and widely used forms of skincare products. The segment is driven by increase in availability, ease of use, customer preference, and rise in the number of beauty shops.
Female to be Highly Lucrative Segment
Based on target group, the global anti-aging market has been bifurcated into male and female. The segment is likely to be driven by increase in the number of women developing premature wrinkles due to changing lifestyle, stress, and improper eating habits affecting the skin and availability of a range of anti-wrinkle products for women.
Hyaluronic Acid Segment to Lead Market
In terms of ingredient, the global anti-aging market has been categorized into retinoid, hyaluronic acid, alpha hydroxy acid, and others. Anti-wrinkle creams containing hyaluronic acid are often advertised as an efficacious option for the treatment of wrinkles and have even been presented as an option equal to some medical procedures. Hyaluronic acid (HA) has critical moisturizing property and high water retention capacity, especially for human skin.
Facial Care Treatment Segment to Dominate Market
In terms of treatment, the global anti-aging market has been split into body treatment and facial treatment. Demand for products that help in retaining and obtaining fairer skin and prevent wrinkles is rising. Hence, manufacturers are launching a range of products that target issues ranging from anti-aging and eliminating blemishes to skin brightening.
Online Stores Segment to Lead Market
Based on distribution channel, the global anti-aging market has been divided into pharmacies, stores, and online stores. The online stores segment is expected to expand at the fastest CAGR due to increase in the availability of cosmetics online and high consumer preference for online shopping due to discounts and offers.
North America to Dominate Global Market
In terms of region, the global anti-aging market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global anti-aging market in 2020, followed by Asia Pacific. Rise in concerns about personal care, lifestyle changes, and awareness about harmful effects of pollution on skin are factors likely to accelerate the growth of the market in North America.
The market in Asia Pacific is anticipated to grow at a rapid pace due to rise in awareness about anti-wrinkle products among adults and increase in per capita spending. Moreover, popularity of anti-aging creams is increasing in India, Japan, South Korea, and other emerging countries in Asia Pacific. Acquisitions by market players in the cosmetic industry is expected to boost the growth of the market in the region.
In August 2020, Merck KGaA entered into strategic cooperation with the China-based cosmetics company Pechoin Group to develop herbal technology and plans to launch a new product line – Pechoin Zhenyan anti-wrinkle repair series. In July 2020, Lancer Skincare launched the Pro Polish microdermabrasion device.
Some of the prominent players in the Anti-aging Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:
Anti-aging Market, by Product
Anti-aging Market, by Target Group
Anti-aging Market, by Ingredient
Anti-aging Market, by Distribution Channel
Anti-aging Market, by Treatment
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in Anti-aging Market Study:
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Anti-aging Market
4. Market Overview
4.1. Introduction
4.1.1. Product Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Anti-aging Market Analysis and Forecast, 2017–2030
5. Market Outlook
5.1. Price Comparison Analysis (2020)
5.2. Key Vendor and Distributor Analysis
5.3. Overview of Major Brands
5.4. Patent Landscape
5.5. Product Pipeline and Clinical Trial Overview
6. Global Anti-aging Market Analysis and Forecast, by Product
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value & Volume Forecast, by Product, 2017–2030
6.3.1. Gels
6.3.2. Serums
6.3.3. Creams
6.3.4. Others
6.4. Market Attractiveness Analysis, by Product
7. Global Anti-aging Market Analysis and Forecast, by Target Group
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value & Volume Forecast, by Target Group, 2017–2030
7.3.1. Male
7.3.2. Female
7.4. Market Attractiveness Analysis, by Target Group
8. Global Anti-aging Market Analysis and Forecast, by Ingredient
8.1. Introduction & Definition
8.2. Key Findings / Developments
8.3. Market Value & Volume Forecast, by Ingredient, 2017–2030
8.3.1. Retinoids
8.3.2. Hyaluronic Acids
8.3.3. Alpha Hydroxy Acids
8.3.4. Others
8.4. Market Attractiveness Analysis, by Ingredient
9. Global Anti-aging Market Analysis and Forecast, by Treatment
9.1. Introduction & Definition
9.2. Key Findings / Developments
9.3. Market Value & Volume Forecast, by Treatment, 2017–2030
9.3.1. Body Care
9.3.2. Facial Care
9.4. Market Attractiveness Analysis, by Treatment
10. Global Anti-aging Market Analysis and Forecast, by Distribution Channel
10.1. Introduction & Definition
10.2. Key Findings / Developments
10.3. Market Value & Volume Forecast, by Distribution Channel, 2017–2030
10.3.1. Pharmacies
10.3.2. Stores
10.3.3. Online Stores
10.4. Market Attractiveness Analysis, by Distribution Channel
11. Global Anti-aging Market Analysis and Forecast, by Region
11.1. Key Findings
11.2. Market Value & Volume Forecast, by Region
11.2.1. North America
11.2.2. Europe
11.2.3. Asia Pacific
11.2.4. Latin America
11.2.5. Middle East & Africa
11.3. Market Attractiveness Analysis, by Region
12. North America Anti-aging Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value & Volume Forecast, by Product, 2017–2030
12.2.1. Gels
12.2.2. Serums
12.2.3. Creams
12.2.4. Others
12.3. Market Value & Volume Forecast, by Target Group, 2017–2030
12.3.1. Male
12.3.2. Female
12.4. Market Value & Volume Forecast, by Ingredient, 2017–2030
12.4.1. Retinoids
12.4.2. Hyaluronic Acids
12.4.3. Alpha Hydroxy Acids
12.4.4. Others
12.5. Market Value & Volume Forecast, by Treatment, 2017–2030
12.5.1. Body Care
12.5.2. Facial Care
12.6. Market Value & Volume Forecast, by Distribution Channel, 2017–2030
12.6.1. Pharmacies
12.6.2. Stores
12.6.3. Online Stores
12.7. Market Value & Volume Forecast, by Country, 2017–2030
12.7.1. U.S.
12.7.2. Canada
12.8. Market Attractiveness Analysis
12.8.1. By Product
12.8.2. By Target Group
12.8.3. By Ingredient
12.8.4. By Treatment
12.8.5. By Distribution Channel
12.8.6. By Country
13. Europe Anti-aging Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value & Volume Forecast, by Product, 2017–2030
13.2.1. Gels
13.2.2. Serums
13.2.3. Creams
13.2.4. Others
13.3. Market Value & Volume Forecast, by Target Group, 2017–2030
13.3.1. Male
13.3.2. Female
13.4. Market Value & Volume Forecast, by Ingredient, 2017–2030
13.4.1. Retinoids
13.4.2. Hyaluronic Acids
13.4.3. Alpha Hydroxy Acids
13.4.4. Others
13.5. Market Value & Volume Forecast, by Treatment, 2017–2030
13.5.1. Body Care
13.5.2. Facial Care
13.6. Market Value & Volume Forecast, by Distribution Channel, 2017–2030
13.6.1. Pharmacies
13.6.2. Stores
13.6.3. Online Stores
13.7. Market Value & Volume Forecast, by Country/Sub-region, 2017–2030
13.7.1. Germany
13.7.2. France
13.7.3. U.K.
13.7.4. Spain
13.7.5. Italy
13.7.6. Rest of Europe
13.8. Market Attractiveness Analysis
13.8.1. By Product
13.8.2. By Target Group
13.8.3. By Ingredient
13.8.4. By Treatment
13.8.5. By Distribution Channel
13.8.6. By Country/Sub-region
14. Asia Pacific Anti-aging Market Analysis and Forecast
14.1. Introduction
14.1.1. Key Findings
14.2. Market Value & Volume Forecast, by Product, 2017–2030
14.2.1. Gels
14.2.2. Serums
14.2.3. Creams
14.2.4. Others
14.3. Market Value & Volume Forecast, by Target Group, 2017–2030
14.3.1. Male
14.3.2. Female
14.4. Market Value & Volume Forecast, by Ingredient, 2017–2030
14.4.1. Retinoids
14.4.2. Hyaluronic Acids
14.4.3. Alpha Hydroxy Acids
14.4.4. Others
14.5. Market Value & Volume Forecast, by Treatment, 2017–2030
14.5.1. Body Care
14.5.2. Facial Care
14.6. Market Value & Volume Forecast, by Distribution Channel, 2017–2030
14.6.1. Pharmacies
14.6.2. Stores
14.6.3. Online Stores
14.7. Market Value & Volume Forecast, by Country/Sub-region, 2017–2030
14.7.1. India
14.7.2. China
14.7.3. Japan
14.7.4. Australia & New Zealand
14.7.5. Rest of Asia Pacific
14.8. Market Attractiveness Analysis
14.8.1. By Product
14.8.2. By Target Group
14.8.3. By Ingredient
14.8.4. By Treatment
14.8.5. By Distribution Channel
14.8.6. By Country/Sub-region
15. Latin America Anti-aging Market Analysis and Forecast
15.1. Introduction
15.1.1. Key Findings
15.2. Market Value & Volume Forecast, by Product, 2017–2030
15.2.1. Gels
15.2.2. Serums
15.2.3. Creams
15.2.4. Others
15.3. Market Value & Volume Forecast, by Target Group, 2017–2030
15.3.1. Male
15.3.2. Female
15.4. Market Value & Volume Forecast, by Ingredient, 2017–2030
15.4.1. Retinoids
15.4.2. Hyaluronic Acids
15.4.3. Alpha Hydroxy Acids
15.4.4. Others
15.5. Market Value & Volume Forecast, by Treatment, 2017–2030
15.5.1. Body Care
15.5.2. Facial Care
15.6. Market Value & Volume Forecast, by Distribution Channel, 2017–2030
15.6.1. Pharmacies
15.6.2. Stores
15.6.3. Online Stores
15.7. Market Value & Volume Forecast, by Country/Sub-region, 2017–2030
15.7.1. Brazil
15.7.2. Mexico
15.7.3. Rest of Latin America
15.8. Market Attractiveness Analysis
15.8.1. By Product
15.8.2. By Target Group
15.8.3. By Ingredient
15.8.4. By Treatment
15.8.5. By Distribution Channel
15.8.6. By Country/Sub-region
16. Middle East & Africa Anti-aging Market Analysis and Forecast
16.1. Introduction
16.1.1. Key Findings
16.2. Market Value & Volume Forecast, by Product, 2017–2030
16.2.1. Gels
16.2.2. Serums
16.2.3. Creams
16.2.4. Others
16.3. Market Value & Volume Forecast, by Target Group, 2017–2030
16.3.1. Male
16.3.2. Female
16.4. Market Value & Volume Forecast, by Ingredient, 2017–2030
16.4.1. Retinoids
16.4.2. Hyaluronic Acids
16.4.3. Alpha Hydroxy Acids
16.4.4. Others
16.5. Market Value & Volume Forecast, by Treatment, 2017–2030
16.5.1. Body Care
16.5.2. Facial Care
16.6. Market Value & Volume Forecast, by Distribution Channel, 2017–2030
16.6.1. Pharmacies
16.6.2. Stores
16.6.3. Online Stores
16.7. Market Value & Volume Forecast, by Country/Sub-region, 2017–2030
16.7.1. GCC Countries
16.7.2. South Africa
16.7.3. Rest of Middle East & Africa
16.8. Market Attractiveness Analysis
16.8.1. By Product
16.8.2. By Target Group
16.8.3. By Ingredient
16.8.4. By Treatment
16.8.5. By Distribution Channel
16.8.6. By Country/Sub-region
17. Competition Landscape
17.1. Market Player – Competition Matrix (by tier and size of companies)
17.2. Market Share Analysis by Company (2020)
17.3. Company Profiles
17.3.1. Procter & Gamble Co.
17.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.1.2. Company Financials
17.3.1.3. Growth Strategies
17.3.1.4. SWOT Analysis
17.3.2. Johnson & Johnson
17.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.2.2. Company Financials
17.3.2.3. Growth Strategies
17.3.2.4. SWOT Analysis
17.3.3. Unilever plc
17.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.3.2. Company Financials
17.3.3.3. Growth Strategies
17.3.3.4. SWOT Analysis
17.3.4. Shiseido Company, Limited
17.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.4.2. Company Financials
17.3.4.3. Growth Strategies
17.3.4.4. SWOT Analysis
17.3.5. ZO Skin Health, Inc.
17.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.5.2. Company Financials
17.3.5.3. Growth Strategies
17.3.5.4. SWOT Analysis
17.3.6. L’Oréal Paris
17.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.6.2. Company Financials
17.3.6.3. Growth Strategies
17.3.6.4. SWOT Analysis
17.3.7. The Estée Lauder Companies, Inc.
17.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.7.2. Company Financials
17.3.7.3. Growth Strategies
17.3.7.4. SWOT Analysis
17.3.8. Beiersdorf
17.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.8.2. Company Financials
17.3.8.3. Growth Strategies
17.3.8.4. SWOT Analysis
17.3.9. PHYTOMER
17.3.9.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.9.2. Company Financials
17.3.9.3. Growth Strategies
17.3.9.4. SWOT Analysis
17.3.10. Others
17.3.10.1. Company Overview (HQ, Business Segments, Employee Strength)
17.3.10.2. Company Financials
17.3.10.3. Growth Strategies
17.3.10.4. SWOT Analysis