Global Anti-aging Market Size, Insights, Drivers, Opportunities, By Product (Skin Care, Hair Care), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Store, Online) By Region, Growth, Trends and Forecast from 2019 to 2027
Global Anti-aging Market Size, Insights, Drivers, Opportunities, By Product (Skin Care, Hair Care), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Store, Online) By Region, Growth, Trends and Forecast from 2019 to 2027
Historic years: 2015 to 2017 Base Year: 2018 Forecast Years:2019 to 2027
Number of pages: 100 Category: Consumer Goods Report Id: MISCG5006
Market Insights
The global anti-aging market was valued at USD 36.93 billion in 2018 and is estimated to reach a value of USD 61.34 billion in 2027. The market is analyzed to rise at a CAGR of 5.80% over the forecast period of 2019 to 2027. The major drivers affecting this growth are the growing aging anxiety among consumers aged between 30 to 45 for the high prevalence of extrinsic signs of aging.Global anti-aging market size by region, 2018 (USD Billion)
Product Insights
Skin care segment was valued to be the largest product with a revenue of USD 23.25 billion in 2018. Aging signs are first visible on facial skins which is a major concern for consumers. Companies are increasing their product line in this segment by understanding the market potential.Hair care is estimated to be the fastest growing segment from 2019 to 2027. Increasing hair fall problem among different age group due to unhealthy food habit and high work pressure is significantly attributing to the segment growth.Distribution Channel Insights
Supermarkets and hypermarkets segment was valued to be the largest segment in 2018. Availability of a large product line of different brand attract consumer to purchase from this channel. Onlinedistribution channel is estimated to be the fastest growing segment, expected to grow at a CAGR of 7.23% over the forecasted period of 2019 to 2027. Large online service providers including Amazon and Alibaba are providing high discounts and delivering the item at customers door step. Ease of product selection and hassle free experience is propelling the growth of online stores.Global anti-aging market share by distribution channel, 2018 (%)
Regional Insights
Asia Pacific is estimated to be the largest and fastest growing region. As of 2018, this region accounts for over 35% share of the global market. Japan has the largest old population coupled with increasing per capita income in developing nations such as India and China are boosting the market growth. North America is the second largest market. Population above 20 years age across U.S. and Canada spend on anti-aging product to protect them from aging signs.Research Methodology
The following report consists of market analysis including both primary and secondary research. Primary research comprises the interaction between manufacturers, industry experts and channel partners, while the secondary research presents an analytical interpretation of relevant published database, which contains details like proprietary databases, purchased database, company annual reports, and financial reports. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details. Segments covered in the report Product Outlook- Skin care
- Hair care
- Supermarkets & hypermarkets
- Convenience store
- Online
- North America
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- U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
- All market drifts, drivers and opportunities
- Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
- Understanding the dynamics of the parent market
- Prime fluctuations of the market dynamics
- Evaluation of the market opportunities
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Market segmentation and comprehensive analysis in the second or third level
- Reporting and evaluation of recent industry developments
- Analysis of market share and developments
- Detailed company profiling of leading companies
- Opportunities to newer markets in global and regional markets
- Analyzing the trajectory line of the business
- Measures to consider for anti-aging products in the market