Global Anti-Aging Market is Growing Rapidly and Expected more - 2025

Anti-aging market to grow at a CAGR of 8% by 2025, growing e-commerce is providing ample growth opportunities to the players operating in the market

Read : Anti-Aging Market Report 

According to the study, the global anti-aging market is expected to witness 8% CAGR during 2017 – 2025. Technological advancements, increase in volume of anti-aging procedures, growing aging population and increase in disposable income have been driving the global anti-aging market. The market is further expected to gain revenue due to increase in anti-aging awareness campaigns. For instance, EuroMediCom plans to organize the 15th Aesthetic & Anti-Aging Medicine World Congress from 6th April to 8th April, 2017, in Monaco.

As per the findings of research, anti-wrinkle products, which includes dermal fillers and botox, is expected to witness considerable growth during the forecast period, primarily due to high sales of botulinum toxin and increasing appearance consciousness and awareness among women about anti-wrinkle products. Anti-wrinkle products include anti-wrinkle milk, anti-wrinkle moisturizers, anti-wrinkle creams, anti-wrinkle gels and anti-wrinkle serums. Wrinkles are formed due to lack of collagen in the body which makes the skin elastic and firm. The two main types of wrinkles include surface lines and deep furrows.

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Geographically, North America has been the largest anti-aging market, with the U.S. being the largest contributor to the regional market. Increasing volume of plastic surgeries and growing geriatric population in the region are the key growth drivers for the North American anti-aging market. As reported by the American Society for Aesthetic Plastic Surgery (ASAPS), American spent more than $13.5 billion on cosmetic procedures in 2015. It further reported that 1,912,468 surgical procedures and 10,879,909 non-surgical procedures were performed. It was also reported that liposuction was the most popular surgical procedure in 2015 with about 396,048 procedures performed.

Some of the other key players in the market include The Proctor & Gamble Company, Beiersdorf AG, Allergan Plc., The Estee Lauder Companies Inc., Nu Skin Enterprises, Inc., Coty Inc., Cynosure, Inc., Lumenis Ltd., Syneron Medical Ltd., Photomedex Inc., Orlane, Personal Microderm and Alma Lasers Ltd.