DUBLIN – (BUSINESS LINE) – “Analysis report on market size, market share & trends of anti-aging products by product (Face cream, eye cream), by distribution channel (Hypermarkets & supermarkets, shops) specialty) and Segment Forecast, 2021 – 2028” report added ResearchAndMarkets.com’s offer for sale.
The global anti-aging products market size is expected to reach $61.71 billion by 2028 and is expected to expand at a CAGR of 5.4% from 2021 to 2028.
Consumers are increasingly aware of age-related skin problems such as fine lines, wrinkles and dull skin, along with an increasing tendency to spend on products that help them define their skin. Fresh, expected to drive market demand during forecast period = Stage.
The growing trend towards green and plant-based products has attracted the interest of many manufacturers in offering chemical-free products. For example, in September 2021, NOW Solutions, a US-based brand in the business of clean-ingredient beauty products, recently added seven new products to its line, including a regenerative serum. Plant-based retinol skin alternative, formulated for anti-smoothing and skin-regenerating use.
The lotion and face cream product segment leads the market in 2020. Face cream demand is expected to increase during the projected period due to the growing acceptance of serums. toners and retinol creams with anti-aging benefits. Furthermore, manufacturers are focusing on research activities to produce creams with new technology to promote their effectiveness.
The hypermarket and supermarket segment emerges as the largest distribution channel segment in 2020 as it is the most popular segment of consumers to purchase daily use items including skin care products. and cosmetics. Factors such as freedom of choice, lower prices and high visibility of international brands, and reasonable gross discounts make them the right platform for all types of customers.
Asia Pacific dominates the market in 2020. The expansion of the chemical industry in developing countries such as India, Taiwan and China with regulatory support is expected to ensure Continuous access to raw materials for manufacturers of anti-aging products. This could be a positive factor for skin care product manufacturers in Asia Pacific.
Market participants face stiff competition from each other as some of them are among the top skin care manufacturers and have large customer bases. The market is fragmented with the presence of a large number of global and regional companies such as Estee Lauder Inc.; Procter & Gamble; Beiersdorf Company Limited; and Shiseido.
Anti-Aging Products Market Report Highlights
Asia Pacific is predicted to record the fastest CAGR from 2021 to 2028 due to increasing number of new product launches and growing concern about skin health
Based on product, the lotion and eye cream segment is expected to experience the fastest CAGR of 6.6% from 2021 to 2028 as more and more customized products respond. specific needs of the delicate eye area.
By distribution channel, hypermarket and supermarket segment will account for the largest share of over 45.0% in 2020 as supermarkets bring significant advantages to consumers, such as freedom of choice, lower prices and high visibility of international brands.
Main topics covered:
Chapter 1. Method and scope
Chapter 2. Executive Summary
Chapter 3. Anti-Aging Products Market Variables, Trends & Range
Chapter 4. Analyzing consumer behavior
Chapter 5. Anti-Aging Products Market: Product Analysis & Estimates
Chapter 6. Anti-Aging Products Market: Distribution Channel Analysis & Estimates
Chapter 7. Anti-Aging Products Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive analysis
Chapter 9. Company Profile
Avon Products, Inc.
Estee Lauder Inc.
Pmd Beauty & Age Sciences Inc.
Procter & Gamble
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