Anti-Aging Cosmetics Products Market by Application Size, Competitors Strategy, Regional Analysis and Growth Forecast to 2027


Posted June 28, 2021 by Vaibhavwa_mrfr21

MarketResearchFuture Presents “Anti-Aging Cosmetics Products Market by Application –Global Forecast to 2027” New Document to its Studies Database
 
Market Overview

The anti-aging cosmetics products have witnessed an increase in demand in the recent years, due to a surge in product use by people of the age group of 30 and above who are expected to suffer from an anxiety caused by the physical manifestations of aging. Chronological aging or intrinsic aging causes changes in appearance such as lack of skin elasticity and collagen, reduction in melanin production, and aging of hair follicles which lead to the appearance of fine lines and wrinkles and an increase in the appearance of dark spots or pigmentation. Additionally, extrinsic aging is caused by factors including pollution, change of climate, stress, and an unhealthy diet which ultimately lead to skin damage and have an impact on collagen and elastic fibres. Thus, aging anxiety, concerns about changes in facial appearance, and the desire to look younger have led consumers to opt for anti-aging cosmetics products. This is expected to drive the growth of the global Anti-Aging Cosmetics Products Market by Application. The global Anti-Aging Cosmetics Products Market by Application is expected to register a growth rate of 5.7% during the forecast period of 2019 to 2027 to reach USD 50.5 Billion by 2027.

Key Players

Some of the Key Players in the global anti-aging cosmetics market are LR Health & Beauty Systems GmbH (Germany), Lotus Herbals Pvt. Ltd. (India), The Himalaya Drug Company (India), The Estée Lauder Companies Inc. (US), Allergan plc (Ireland), Unilever PLC (UK), PhotoMedex, Inc. (US), Emmbros The Procter & Gamble Company (US), Overseas Lifestyle Pvt Ltd (India), The Face Shop Co., Ltd. (South Korea), Innisfree Corporation (South Korea), Christian Dior SE (France), L'Oréal S.A. (France), Kaya Limited (India), and Henkel AG & Company, KGaA, (Germany).

Market Segmentation

The global Anti-Aging Cosmetics Products Market by Application has further been segmented based on product type, nature, and distribution channel.

Based on product type, the global Anti-Aging Cosmetics Products Market by Application has been classified as skincare, haircare, and others. The skincare segment has further divided into anti-wrinkles, anti-pigmentation, anti-skin sagging, and other skincare products. The haircare segment has also been classified as anti-thinning, anti-damage, and other haircare products. The skincare segment is expected to account for the largest share due to increasing use of anti-aging cosmetics products among middle-aged population. Owing to this, key manufacturers have also launched various anti-aging cosmetics products for each aging-related issue.

By nature, the global Anti-Aging Cosmetics Products Market by Application has been bifurcated into natural and conventional. The conventional segment is expected to account for the larger market share and the natural segment is projected to register the higher CAGR during the forecast period.

The global Anti-Aging Cosmetics Products Market by Application has been segmented, by distribution channel, into store-based and non-store-based. The store-based segment accounted for the larger market share in 2018. However, the non-store-based segment is projected to register the higher CAGR during the review period.

Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/anti-aging-cosmetics-products-market-8026

Regional Analysis

The market in Asia-Pacific is expected to garner the largest share of the global Anti-Aging Cosmetics Products Market by Application owing to hectic lifestyles, lack of proper nutrition, and diminishing time for personal care, which in turn is encouraging the consumers to opt for products that can provide quick and convenient anti-aging solutions. The growing popularity of anti-aging cosmetics products has compelled cosmetic and healthcare companies to launch new anti-aging product variants to cater to the increasing consumer demand. The increased use of various skincare and haircare products among the middle-aged population to enhance their appearance has fueled the global anti-aging market growth.

The market in North America is expected to be the fastest-growing for anti-aging cosmetics products during the assessment period owing to the increasing demand for natural, fresh, and plant-based anti-aging cosmetics products. The rising use of anti-aging cosmetics products among consumers, due to increasing skin and hair-related concerns caused by aging, is expected to drive the growth of the market. Also, growing investments and a focus on research and development of ingredients and technologies used to produce anti-aging products in the region, is working as a positive force for the market growth.

The market in Europe accounted for a notable share of the global Anti-Aging Cosmetics Products Market by Application in 2018 due to the rising concerns about wrinkles, fine lines, and pigmentation primarily in the middle-aged female population. Additionally, consumers are opting for more natural plant-based products for skincare and haircare due to which, the demand for anti-aging cosmetics products is expected to be high among the consumers in Europe. Thus, these factors are propelling the growth of the anti-aging cosmetics products industry.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By MRFR
Business Address Office No. 528/524, Amanora Chambers, Magarpatta Road, Hadapsar Pune, Maharashtra 411028
Country India
Categories Business , Retail
Tags antiaging cosmetics products market by application
Last Updated June 28, 2021