The size of the anti-aging cosmetics market will reach $ 76.91 billion in 2030, the growing preference for non-toxic cosmetics and the growing trend to look younger are driving the market’s revenue growth

NEW YORK, March 31, 2022 / PRNewswire / – Global anti-aging cosmetics market size is expected to reach 76.91 billion dollars in 2030 and record a revenue CAGR of 5.7% over the forecast period, according to the latest report from Reports and Data. Lifestyle changes, social standing and advances in cosmetology are driving the revenue growth of the anti-aging cosmetics market.

The key factor driving the expansion of the anti-aging cosmetics market is the increase in consumer demand for anti-aging remedies, which coincides with the improvement of lifestyle and well-being standards among the world’s population. According to the UN report, the total population of people aged 40 to 59 was approximately 17.83.309 in 2019 and is projected to reach 20.46.991 by 2030. Preventive aging treatments should be adopted by this age group. According to the 2019 report from the International Society of Plastic Surgery (ISPAS), 1,582,296 people aged 51 to 64 have undergone botulinum toxin operations worldwide.

Anti-aging treatments should have a domino effect on people. With state-of-the-art anti-aging treatments available around the world, the market has experienced strong growth. With better treatment available, people can be more confident in themselves, which in turn boosts their self-esteem and mental health. However, some factors such as the high cost of anti-aging products, as well as the presence of counterfeit products containing toxic substances, represent a significant obstacle to market growth. Customers primarily fear the health risks that arise from poorly rated, cheap or counterfeit cosmetics.

Some highlights of the report

  • In January 2022Suneva Medical Inc., which sells beauty and anti-aging solutions to doctors and physicians, has merged with Viveon Health Acquisition Corp. The merger has capitalized on Suneva Medical, which plans to grow into hair restoration products.
  • The Hair Use segment revenue is expected to experience a high growth rate during the forecast period. Hair care serums and oral supplements are the main contributors driving the segment’s revenue growth. With changes in eating habits and increased pollution levels, many people suffer from more hair problems. Men and women, particularly in urban areas, shop for hair care products to look younger and fitter for a longer period of time.

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  • The solar products segment is expected to experience a high growth rate during the forecast period. The demand for anti-aging sun lotions is constantly increasing due to climate change and the increased penetration of UV rays from the sun. The demand for these products is expected to increase during the forecast period due to climate change.
  • Cosmetic stores accounted for a significant share of revenue in 2020. Cosmetic stores made cosmetics more accessible and widely available. They supply cosmetics of all price ranges and brands to the public with additional discounts, which is driving the growth of the segment.
  • Market inside Asia Pacific accounted for a significant share of revenue in 2020 due to the presence of a larger number of geriatric populations. In countries like South Korea, Japan And China, the younger and middle-aged generations are increasingly using products that can prevent and eliminate the signs of premature aging such as graying of the hair and the appearance of lines and wrinkles on the face. Furthermore, the increased availability of products, as well as the online availability of a variety of domestic and international cosmetic brands, is driving market growth in the region.
  • Companies featured in the global market report include Loreal, Procter & Gamble, Garnier LLC, Unilever, Amara Beauty, La Prairie, Kate Somerville Skincare, LLC, Vintner’s Daughter LLC, Clinique Laboratories, LLC, and Johnson & Johnson Private Limited.

For the purposes of this report, Reports and Data has segmented the anti-aging cosmetics market by application, treatment type, type, distribution and region:

  • Application Outlook (Revenue, USD Billion; 2018-2030)
  • Treatment Type Outlook (Revenue, USD Billion; 2018-2030)
    • Wrinkle
    • Anti-stretching
    • Nourishment
    • Anti-pigmentation
    • Hair care
    • Sun care
    • Others
  • Type Outlook (Revenue, USD Billion; 2018-2030)
    • Creams
    • Oils
    • Lotions
    • Other
  • Distribution channel Outlook (Revenue, USD Billion; 2018-2030)
    • Supermarket and hypermarket
    • Cosmetic shops
    • on line
    • Others

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  • Regional Outlook (Revenue, USD Billion; 2018-2030)
  1. we
  2. Canada
  3. Mexico
  • Europe
    1. Germany
    2. UK
    3. France
    4. Italy
    5. Spain
    6. Sweden
    7. BENELUX
    8. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of the APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. United Arab Emirates
    3. South Africa
    4. Israel
    5. Rest of MEA

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