The global anti aging products market accounted for US$ 41,081.1 Mn in 2020 with a considerable CAGR of 5.6% during the forecast period of 2021 to 2028.
Wrinkling, loss of elasticity, laxity, and a rough-textured look are all symptoms of skin aging. The ageing process causes phenotypic changes in cutaneous cells, as well as structural and functional changes in extracellular matrix components including collagen and elastin. Because skin health and beauty are considered to be one of the most important indicators of general well-being in humans, various anti-aging techniques have been developed in recent years. Furthermore, rising consumer awareness of skin problems due to aging such as wrinkles, dullness, and fine lines as well as their increasing willingness to spend on treatments to proclaim their skin's youthfulness, is likely to fuel market demand throughout the forecast period.
Report coverage
| Market |
Anti Aging Product Market |
| Analysis Period |
2017 - 2028 |
| Base Year |
2020 |
| Forecast Data |
2021 - 2028 |
| Segments Covered |
By Product, By By Distribution Channel, and By Geography |
| Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled |
L’Oreal, Procter & Gamble, Beiersdorf Limited, Estée Lauder Inc., Shiseido, Revlon, Unilever, among others. |
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
| Customization Scope |
10 hrs of free customization and expert consultation
|
The growing elder population is increasing the demand for anti-aging products, especially skincare products such as anti-wrinkle creams and skin lotions, which, in turn, drive the growth of the global anti-aging products market. Anti-aging product advancements and improved efficiency are expected to drive the market in the coming years. Technological advancements have resulted in the introduction of more advanced and radical anti-aging products to the market. However, global manufacturers are expanding on a large scale to develop new products and combat the various aging effects. Increasing concerns related to health and beauty is driving the market.
Impact of COVID-19
The global pandemic of COVID-19 has had a significant impact on all aspects of the healthcare and cosmetics industries. Even though the economic impact of the COVID-19 pandemic on brands and retailers will be far greater than that of any recession, there are signs that the beauty industry may once again be relatively resilient. In China, the beauty industry's February 2020 sales dropped by up to 80% compared to 2019. Furthermore, according to a survey carried by Skin Research and Technology, the use of quarantine masks produces short-term changes in skin temperature, redness, and transepidermal water loss (TEWL), as well as long-term changes in skin elasticity, pores, and acne. This study showed that wearing a mask for an extended time can harm the skin. As a result, the anti-aging product industry is predicted to rise in the coming years as a result of the post-pandemic.
Market Dynamics
In 2020, the facial cream and lotion product segment have the largest market share. The demand for facial cream is growing over the years as toners, serums, retinol creams with anti-aging properties is gaining properties is gaining popularity. Likewise, manufacturers are concentrating on R&D activities in order to produce creams with new technologies that will increase their effectiveness.
In 2020, hypermarket & supermarket have the largest market share in terms of distribution channel. Factors such as ease of selection, accessibility of various goods, standard goods, lower prices, as well as high availability of foreign brands and a wide range of products, reasonable offers, and discounts, make it more alluring to consumer types. It is the most popular outlet for consumers to purchase daily-use items such as skincare and cosmetics. Supermarkets and hypermarkets have an advantage over other segments in that they have high traffic and repeat visitors that can be enticed with new offers and promotions. Furthermore, merchandising promising items in center aisles or on endcaps can boost sales and communicate a retailer's commitment to beauty and personal care.
Competitive Landscape
The market is uneven with the presence of a large number of global and regional players such as L’Oreal, Procter & Gamble, Beiersdorf Limited, Estée Lauder Inc., Shiseido, Revlon, Unilever, among others.
- In January 2021, Shiseido Company developed g-edge technology for 3D image of internal and external skin elasticity. Using this technology, it analyzed the mechano-physical properties of skin for consumers in various age groups, from adolescent to elderly, and found that the balance of elasticity between the stratum corneum and the dermis deteriorates with age, concluding that such phenomenon is the root cause of wrinkle formation.
- In August 2020, Merck KgaA partnered with Chinese cosmetic company Pechoin Group for the develop herbal technology and launch the new product with Pechoin Zhenyan anti-wrinkle repair series.
Market Segmentation
Market By Product
- Body Wash
- Body Moisturizer
- Eye Cream & Lotion
- Facial Cleanser
- Facial Mask
- Facial Serum
- Facial Cream & Lotion
Market By Distribution Channel
- Hypermarket & Supermarket
- Pharmacy & Drug Stores
- Specialty Store
- Online
- Others
Market By Geography
- North America
- Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Anti Aging Product
1.1. Definition and Scope
1.1.1. Definition of Anti Aging Product
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Anti Aging Product market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Anti Aging Product By Product
1.2.3. Anti Aging Product By Distribution Channel
1.2.4. Anti Aging Product by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Anti Aging Product Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Anti Aging Product Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2019
4.2. R&D Status and Distribution Channel Source of Anti Aging Product Major Manufacturers in 2019
CHAPTER 5. Anti Aging Product By Product
5.1. Introduction
5.2. Anti Aging Product Revenue By Product
5.2.1. Anti Aging Product Revenue (US$ Bn) and Forecast, By Product, 2017-2028
5.2.2. Body Wash
5.2.2.1. Body Wash Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.3. Eye Cream & Lotion
5.2.3.1. Eye Cream & Lotion Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.4. Body Moisturizer
5.2.4.1. Body Moisturizer Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.5. Facial Cleanser
5.2.5.1. Facial Cleanser Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.6. Facial Mask
5.2.6.1. Facial Mask Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.7. Facial Serum
5.2.7.1. Facial Serum Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.8. Facial Cream & Lotion
5.2.8.1. Facial Cream & Lotion Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
CHAPTER 6. Anti Aging Product Market Revenue By Distribution Channel
6.1. Introduction
6.2. Anti Aging Product Revenue (US$ Bn) By Distribution Channel
6.2.1. Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
6.2.2. Hypermarket & Supermarket
6.2.2.1. Hypermarket & Supermarket Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
6.2.3. Pharmacy & Drug Stores
6.2.3.1. Pharmacy & Drug Stores Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
6.2.4. Specialty Store
6.2.4.1. Specialty Store Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
6.2.5. Online
6.2.5.1. Online Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
6.2.6. Others
6.2.6.1. Others Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
CHAPTER 7. North America Anti Aging Product Market By Country
7.1. North America Anti Aging Product Overview
7.2. U.S.
7.2.1. U.S. Anti Aging Product Revenue (US$ Bn) and Forecast By Technology, 2017-2028
7.2.2. U.S. Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
7.3. Canada
7.3.1. Canada Anti Aging Product Revenue (US$ Bn) and Forecast By Technology, 2017-2028
7.3.2. Canada Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
7.4. North America PEST Analysis
CHAPTER 8. Europe Anti Aging Product Market By Country
8.1. Europe Anti Aging Product Overview
8.2. U.K.
8.2.1. U.K. Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
8.2.2. U.K. Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
8.3. Germany
8.3.1. Germany Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
8.3.2. Germany Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
8.4. France
8.4.1. France Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
8.4.2. France Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
8.5. Spain
8.5.1. Spain Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
8.5.2. Spain Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
8.6. Rest of Europe
8.6.1. Rest of Europe Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
8.6.2. Rest of Europe Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
8.7. Europe PEST Analysis
CHAPTER 9. Asia Pacific Anti Aging Product Market By Country
9.1. Asia Pacific Anti Aging Product Overview
9.2. China
9.2.1. China Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
9.2.2. China Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
9.3. Japan
9.3.1. Japan Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
9.3.2. Japan Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
9.4. India
9.4.1. India Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
9.4.2. India Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
9.5. Australia
9.5.1. Australia Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
9.5.2. Australia Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
9.6. South Korea
9.6.1. South Korea Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
9.6.2. South Korea Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
9.7. Rest of Asia-Pacific
9.7.1. Rest of Asia-Pacific Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
9.7.2. Rest of Asia-Pacific Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
9.8. Asia Pacific PEST Analysis
CHAPTER 10. Latin America Anti Aging Product Market By Country
10.1. Latin America Anti Aging Product Overview
10.2. Brazil
10.2.1. Brazil Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
10.2.2. Brazil Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
10.3. Mexico
10.3.1. Mexico Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
10.3.2. Mexico Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
10.4. Rest of Latin America
10.4.1. Rest of Latin America Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
10.4.2. Rest of Latin America Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
10.5. Latin America PEST Analysis
CHAPTER 11. Middle East & Africa Anti Aging Product Market By Country
11.1. Middle East & Africa Anti Aging Product Overview
11.2. GCC
11.2.1. GCC Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
11.2.2. GCC Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
11.3. South Africa
11.3.1. South Africa Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
11.3.2. South Africa Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
11.4. Rest of Middle East & Africa
11.4.1. Rest of Middle East & Africa Anti Aging Product Revenue (US$ Bn) and Forecast By Product, 2017-2028
11.4.2. Rest of Middle East & Africa Anti Aging Product Revenue (US$ Bn) and Forecast By Distribution Channel, 2017-2028
11.5. Middle East & Africa PEST Analysis
CHAPTER 12. Player Analysis Of Anti Aging Product
12.1. Anti Aging Product Company Share Analysis
12.2. Competition Matrix
12.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
12.2.2. New Product Launches and Product Enhancements
12.2.3. Mergers And Acquisition In Global Anti Aging Product market
12.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 13. COMPANY PROFILE
13.1. Estée Lauder Inc.
13.1.1. Company Snapshot
13.1.2. Business Overview
13.1.3. Financial Overview
13.1.3.1. Revenue (US$ Bn), 2020
13.1.3.2. Estée Lauder Inc. 2020 Anti Aging Product Business Regional Distribution
13.1.4. Product/ Service and Specification
13.1.5. Recent Developments & Business Strategy
13.1.6. Manufacturing Plant Footprint Analysis
13.2. Procter & Gamble
13.3. Beiersdorf Limited
13.4. Shiseido
13.5. Revlon
13.6. Unilever
13.7. L’Oreal
13.8. Others
