The Infinium Global Research analyzes the Anti-Ageing Product Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size, and future trends in the global anti-ageing product market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of anti-ageing product. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the anti-ageing product market during the period. The global anti-ageing product market is projected to grow at a CAGR of 6.43% over the forecast period of 2018-2024.
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The normal chemical, biological and physical changes in the body cause aging. The aging causes facial and body wrinkling of the skin. The anti-aging products are designed to diminish the effects of aging. To hide the effects of ageing and to alter the body’s chemical balances to slow down the physical effects of aging there are a number of products available in the market. The products are available in the market promise of making the customer look younger by reducing, covering or precluding signs of skin aging. The unhealthy lifestyle and eating habits such as consumption of packed food, alcohol and smoking lead to early aging of the skin. The ingredients used in anti-aging products are retinol, alpha hydroxy acids, matryxil, coenzyme Q10, acetyl hexapeptide-3, anti-oxidants, and, vitamin C. The antioxidants present in the anti-aging products helps to keep the skin hydrated.
Introduction of Safe and Efficient Anti-Aging Products in the Market and are Expected to Drive the Anti-Aging Market
The demand for anti-aging products is an increase among the adult’s age group between 25 and 40 to hide the effect of aging caused by an unhealthy lifestyle. Additionally, the rise in the geriatric population is another factor that will promote the growth of this market. Moreover, innovations and development in anti-aging products and their enhanced effectiveness is likely to drive the market in the coming years. The introduction of safe and efficient anti-aging products in the market and are expected to drive the anti-aging market in the future. On the other hand, the side effect of the product such as redness, irritation, and cystic acne is likely to hamper the growth of the market. Furthermore, the leading players are focusing on a different range of anti-ageing products that are likely to bring more opportunities to the market.
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North America is Expected to Be the Largest Market for Anti-Ageing Product
Among the regions, North America is expected to be the largest market for an anti-ageing product. The rising of the aging population and new technological advancement in anti-aging products is driving the growth in this region. The U.S. dominates the anti-aging product market in North America. The change in lifestyle, increasing per capita income, and availability of variety of products from different brands is likely to drive the growth of Asia-Pacific region. China is the major contributor for the fast growth in this region.
The innovation and new product launch are the key strategies of the leading player in this market. For instance, in 2017, Avon receives patents for skincare technology ANEW Reversa list Infinite Effects. A product is a rotational anti-wrinkle night cream, for dramatic results on wrinkles that get better over time.
Segments of the Global Anti-Ageing Product Industry
The report on the global anti-ageing product market covers segments such as, product type, end-user and distribution channel. On the basis of product type, the global anti-ageing product market is categorized into anti-wrinkle, anti-stretch mark, cell renewals, acne creams, hair care products, natural products, UV absorber, and others. On the basis of end-user, the global anti-ageing product market is categorized into below 25 years, between 25 and 40 and 40 years and above. On the basis of the distribution channels, the global anti-ageing product market is categorized into supermarkets/hypermarkets, cosmetics stores, dollar stores, online retail, and others.
Key Players in the Anti-Ageing Product Market
The report provides profiles of the companies in the global anti-ageing product market such as, Revlon, Photomedex Inc, L’Oreal, Lotus Herbals, Unilever, Avon Products, Estee Lauder, Johnson and Johnson, Rachel K Cosmetics and Others.
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- Comprehensive analysis of global as well as regional markets of the anti-ageing product.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.