The Anti-Ageing Products Services and Devices Market Size is valued at 187.36 Billion in 2022 and is predicted to reach 349.47 Billion by the year 2031 at a 7.3 % CAGR during the forecast period for 2023-2031.
Anti-aging products create a market with high acceptance, and they are less expensive and more readily available than services and devices. A huge part of the youthful population is subjected to drastic environmental changes and a sedentary lifestyle, both of which have raised health problems and made them more sensitive of their appearance, appearance, and health. A significant shift in consumer taste for organic and natural products has emerged from a rising predisposition toward plant-based alternatives. Many firms are offering anti-aging solutions made with chemical-free substances in this regard. The anti-aging market is being driven by rising the demand for cosmetic products and increasing disposable income around the world. To acquire a solid footing in the anti-aging ingredients industry, formulators of anti-aging products come up with innovative technologies and effective ingredients such as advanced biotechnology goods or synthetic proteins.
However, in comparison to the non-COVID-19 period, the anti-aging market is expected to grow slowly during the COVID-19 pandemic over the forecast period. Growing urbanization, rising income levels, and increased healthcare awareness are all factors influencing the expansion of organizations affiliated with these industries.
Stringent regulations implemented by regulatory organizations and governments in various countries are impeding the growth of the personal care product industry, which in turn is impeding the growth of the anti-aging component market in the future years.
The Anti-Ageing Products Services and Devices market is segmented based on product, applications, device Type and distributional channel. On the basis of product, the market is categorized as Creams, Moisturizers, Retinol, Dermal Fillers, Botulinum Toxin, Chemical Peels, Cellulite Treatments, Non-Surgical Fat Reduction, Other Products. The device type segment consists of Anti-Cellulite Treatment Devices, Microdermabrasion Devices, Laser Aesthetic Devices, and Radio Frequency Devices. Based on applications market is segmented as Anti-Pigmentation Therapy, Anti-Cellulite Treatment, Anti-Wrinkle Treatment, Acne Management, Scar Treatment, Other Applications. Based on Distribution Channel market is segmented into Dermatology Clinics, Hospitals and Pharmacies.
The cream category is expected to hold a major share in the global Anti-Ageing Products Services and Devices market in 2021. These are specially formulated products that help in the maintenance of moisture, firmness, and elasticity in the facial skin, hence reducing wrinkles and folds. Furthermore, as consumer consciousness about animal welfare and environmental issues grows, more consumers are opting for cruelty-free goods, which is increasing demand for vegan or plant-based ingredient blends in skincare products. New product releases and advances are expected to fuel the market.
The anti-wrinkles segment is projected to grow at a rapid rate in the global anti-ageing products services and devices market during the forecast period. People's awareness of Botox's effectiveness for wrinkle removal is growing because of many celebrities admitting to using it. Furthermore, anti-wrinkle solutions are becoming more technologically advanced, allowing the visible signs of ageing to be decreased, that's why its use is increasing. in the anti-wrinkles sector, especially in countries such as the US, Germany, UK, China, and India.
In The Region, The North America Anti-Ageing Products Services And Devices Market Holds Significant Revenue Share.
The North America Anti-Ageing Products Services and Devices market is expected to register highest market share in terms of revenue soon. Increasing concerns about personal care, lifestyle changes, and awareness of the detrimental effects of pollution on skin are all expected to boost the market's growth in North America. In addition, Asia Pacific is projected to grow at a rapid rate. Anti-aging creams are also becoming more popular in India, Japan, South Korea, and other Asia Pacific growing markets. Acquisitions by cosmetics sector players are likely to help the market's growth in the region. Furthermore, the increased availability of products, together with increased access to diverse domestic and international brands via e-commerce, is driving this region's growth in the anti-aging food market over the upcoming years.
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Report Attribute |
Specifications |
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Market Size Value In 2022 |
USD 187.36 Billion |
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Revenue Forecast In 2031 |
USD 349.47 Billion |
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Growth Rate CAGR |
CAGR of 7.3 % from 2023 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Billion and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product, By Applications, By Device Type, By Distributional Channel |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
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Competitive Landscape |
Allergan plc, L'Oréal SA, Age Sciences Inc., The Estée Lauder Companies Inc., Or lane S.A., Alma Lasers Ltd., Lumens Ltd., TRIA Beauty Inc., YA-MAN LTD., Panasonic Corporation, Carol Cole Company Inc., MTG Co. Ltd., Cayden Limited, Coinlike Philips, and other |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Anti-Ageing Products Services and Devices Market Snapshot
Chapter 4. Global Anti-Ageing Products Services and Devices Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.9. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Products Estimates & Trend Analysis
5.1. By Products & Market Share, 2019 & 2031
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2031 for the following By Products:
5.2.1. Creams
5.2.2. Moisturizers
5.2.3. Retinols
5.2.4. Dermal Fillers
5.2.5. Botulinum Toxin
5.2.6. Chemical Peels
5.2.7. Cellulite Treatments
5.2.9. Non-Surgical Fat Reduction
5.2.10. Other Products
Chapter 6. Market Segmentation 2: By Applications Estimates & Trend Analysis
6.1. By Applications & Market Share, 2019 & 2031
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2031 for the following By Applications:
6.2.1. Anti-Pigmentation Therapy
6.2.2. Anti-Cellulite Treatment
6.2.3. Anti-Wrinkle Treatment
6.2.4. Acne Management
6.2.5. Scar Treatment
6.2.6. Other Applications
Chapter 7. Market Segmentation 3: By Device Type Estimates & Trend Analysis
7.1. By Device Type & Market Share, 2019 & 2031
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2031 for the following By Device Type:
7.2.1. Anti-Pigmentation Therapy
7.2.2. Anti-Cellulite Treatment Devices
7.2.3. Microdermabrasion Devices
7.2.4. Laser Aesthetic Devices
7.2.5. Radio Frequency Devices
Chapter 8. Market Segmentation 4: By Distribution Channels Estimates & Trend Analysis
8.1. By Distribution Channels & Market Share, 2019 & 2031
8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2031 for the following By Distribution Channels:
8.2.1. Dermatology Clinics
8.2.2. Hospitals
8.2.3. Pharmacies
8.2.4. Drugstores
8.2.5. Rejuvenation Centres
8.2.6. Other Distribution Channels
Chapter 9. Anti-Ageing Products Services and Devices Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. North America
9.1.1. North America Anti-Ageing Products Services and Devices Market revenue (US$ Million) estimates and forecasts By Products, 2023 - 2031
9.1.2. North America Anti-Ageing Products Services and Devices Market revenue (US$ Million) estimates and forecasts By Applications, 2023 - 2031
9.1.3. North America Anti-Ageing Products Services and Devices Market revenue (US$ Million) estimates and forecasts by Distribution Channels, 2023 - 2031
9.1.4. North America Anti-Ageing Products Services and Devices Market revenue (US$ Million) estimates and forecasts by country, 2023 - 2031
9.2. Europe
9.2.1. Europe Anti-Ageing Products Services and Devices Market revenue (US$ Million) By Products, 2023 - 2031
9.2.2. Europe Anti-Ageing Products Services and Devices Market revenue (US$ Million) By Applications, 2023 - 2031
9.2.3. Europe Anti-Ageing Products Services and Devices Market revenue (US$ Million) estimates and forecasts by Distribution Channels, 2023 - 2031
9.2.4. Europe Anti-Ageing Products Services and Devices Market revenue (US$ Million) by country, 2023 - 2031
9.3. Asia Pacific
9.3.1. Asia Pacific Anti-Ageing Products Services and Devices Market revenue (US$ Million) By Products, 2023 - 2031
9.3.2. Asia Pacific Anti-Ageing Products Services and Devices Market revenue (US$ Million) By Applications, 2023 - 2031
9.3.3. Asia Pacific Anti-Ageing Products Services and Devices Market revenue (US$ Million) estimates and forecasts by Distribution Channels, 2023 - 2031
9.3.4. Asia Pacific Anti-Ageing Products Services and Devices Market revenue (US$ Million) by country, 2023 - 2031
9.4. Latin America
9.4.1. Latin America Anti-Ageing Products Services and Devices Market revenue (US$ Million) By Products, (US$ Million)
9.4.2. Latin America Anti-Ageing Products Services and Devices Market revenue (US$ Million) By Applications, (US$ Million)
9.4.3. Latin America Anti-Ageing Products Services and Devices Market revenue (US$ Million) estimates and forecasts by Distribution Channels, 2023 - 2031
9.4.4. Latin America Anti-Ageing Products Services and Devices Market revenue (US$ Million) by country, (US$ Million) 2023 - 2031
9.5. Middle East & Africa
9.5.1. Middle East & Africa Anti-Ageing Products Services and Devices Market revenue (US$ Million) By Products, (US$ Million)
9.5.2. Middle East & Africa Anti-Ageing Products Services and Devices Market revenue (US$ Million) By Applications, (US$ Million)
9.5.3. Middle East & Africa Anti-Ageing Products Services and Devices Market revenue (US$ Million) estimates and forecasts by Distribution Channels, 2023 - 2031
9.5.4. Middle East & Africa Anti-Ageing Products Services and Devices Market revenue (US$ Million) by country, (US$ Million) 2023 - 2031
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. Allergan, Inc.
10.2.2. Alma Laser
10.2.3. Beiersdorf AG
10.2.4. Coty Inc.
10.2.5. Cynosure
10.2.6. L'Oréal SA
10.2.7. Lumenis
10.2.8. Photomedex
10.2.9. Personal Microderm (PMD)
10.2.10. Solta Medical, Inc.
10.2.11. Other Prominent Players
By Products
By Applications
By Device Type
By Distribution Channels
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
Rest of Middle East and Africa
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
