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Anti-Aging Market Reach a Value of US$ 79.5 Billion by 2024 and CAGR of 7.98%

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Get more information about the market: https://www.imarcgroup.com/anti-aging-market

Aging is brought about by a cycle of various biochemical processes in the body that affect it, both internally and externally. The report further anticipates the market to reach a value of US$ 79.5 Billion by 2024, at a projected CAGR of 7.98% over the forecast period.

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Anti-Aging Market Reach a Value of US$ 79.5 Billion by 2024 and CAGR of 7.98%

  1. 1. Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Anti-Aging Market Research Report and Forecast 2024 Report Edition: 2019 © 2019 IMARC All Rights Reserved
  2. 2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
  3. 3. Report DescriptionReport Description and Highlights Global Anti-Aging Market Overview: Aging is brought about by a cycle of various biochemical processes in the body that affect it, both internally and externally. Anti-aging products are designed to reduce or diminish the effects of aging and include powdered supplements, skin creams, and facial masks. A new research report by IMARC Group, titled “Anti-Aging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimates that the market was worth US$ 50.2 Billion in 2018. The report further anticipates the market to reach a value of US$ 79.5 Billion by 2024, at a projected CAGR of 7.98% over the forecast period. Global Anti-Aging Market Scenario: The market has experienced several technological innovations over the past several years. Efforts have been made to enhance the efficacy and safety of the anti-aging products and procedures. Furthermore, manufacturers have been focusing on aggressive marketing strategies, and brand and product endorsements by celebrities, which are also playing a crucial role in influencing consumers and driving the growth of the anti-aging industry. Market Drivers/Constraints:
  4. 4. Report DescriptionReport Description and Highlights 120.2 125.5 130.8 136.1 141.4 146.7 152.0 157.3 0 20 40 60 80 100 120 140 160 2011 2012 2013 2014 2015 2016 2017 2018 inBillionUS$ 160.0 165.3 170.6 175.9 181.2 186.5 0 20 40 60 80 100 120 140 160 180 2019 2020 2021 2022 2023 2024 InBillionUS$ • As a result of advancement in the field of medicine, the average life-span of and individual has increased as compared to earlier times. This has led to a rise in the population of people aged 50 years and above, which is significantly contributing to the demand for anti-aging products. • The market is restrained by factors such as high costs of research and development, and manufacturers and the presence of counterfeit products. Request for a free sample report: https://www.imarcgroup.com/anti-aging-market/requestsample
  5. 5. Report DescriptionReport Description and Highlights • With increasing focus on physical appearances, both young and old consumers are seeking out anti-aging and preventive skin and hair care solutions. This trend, coupled with the rising consumer base for quick and effective anti-aging solutions, has boosted the demand for various anti-aging products. • Due to technological developments, and introduction of safer and more effective anti-aging cosmetics in the market, the consumer-base of these products has rapidly expanded, thereby facilitating the market growth. Key Market Segmentation: Market Segmentation by Product Type • Anti-Wrinkle Products • Anti-Pigmentation Products • Sunscreen Products • Anti-Hair Fall Products There are a large number of anti-aging products available in the market for the varying needs of the consumers. Currently, anti-wrinkle products dominate the market, accounting for the majority of the total global market.
  6. 6. Report Description Report Description and Highlights They are followed by anti-pigmentation products, sunscreen products and hair care products. Market Segmentation by Demographic • Age Group • Gender • Income The anti-aging market has been segmented on the basis of key, demographic factors such as age, gender and income group. Currently, people belonging to the age group of 35-55-year account for majority of the total consumption, and the market is dominated by females and people belonging to high-income group. Market Segmentation by Devices and Technology • Microdermabrasion Devices • Aesthetic Energy Devices o Laser Devices o Intense Pulsed Light Devices
  7. 7. Report DescriptionReport Description and Highlights o Radio Frequency Devices o Ultrasound Devices The major devices used for anti-aging procedures include microdermabrasion devices and aesthetic energy devices, which are further classified into radio frequency devices and ultrasound devices. Market Segmentation by Region • France • Germany • Italy • United Kingdom • Russia • Spain • United States • Brazil • Japan • South Korea
  8. 8. Report DescriptionReport Description and Highlights • China • Thailand • India On a geographical front, the United States accounts for the largest share in the global anti-aging market on account of the high consumer awareness regarding anti-aging products. The United States is followed by Japan, France, Brazil, Germany, China, South Korea and Italy. Market Segmentation by Industry • Skin Care Industry • Hair Care Industry • Dental Care Industry Since most signs of aging like wrinkles, cellulite, pigmentation and sagging, start appearing on the skin first, the anti-aging skin care market currently represents the largest industry, holding more than half of the total global market. It is followed by anti-aging hair-care industry and anti-aging dental-care industry.
  9. 9. Report DescriptionReport Description and Highlights Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • Allergan • L’Oréal • Beiersdorf • Estee Lauder • Procter & Gamble • Shiseido • Unilever For more information, click here: https://www.imarcgroup.com/anti-aging-market
  10. 10. A partial List of our Clients We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients
  11. 11. A partial List of our Clients We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients
  12. 12. Report DescriptionReport Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
  13. 13. FOR MORE DETAILS Visit us at : Stay With Us: TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com https://www.imarcgroup.com Contact Us

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