GLOBAL ANTI-AGING MARKET FORECAST 2019-2027
• The accumulation of changes in a human being over time, such as physical, psychological, and social changes are generically termed under aging. • The biochemical reactions occurring within the system can be responsible for the accumulation of the changes throughout the years. • The global anti-aging market generated a revenue of $XX billion in 2018 and is projected to reach $ 344.89 billion by 2027, at a CAGR of 7.87%. • The base year considered for the market study is 2018 and the forecasted period is between 2019 and 2027.
• The market is expected to pick up gradual prominence in the forecasting years primarily due to the rising geriatric population that undergoes from several skin-related complications such as wrinkles, age spots, dry skin and itching, bruises, facial movement lines, infections, etc. over the years. • The Anti-wrinkles accounted for the largest share in products segment with 40.39% market share in 2018. • Adoption of anti-wrinkle products for defying aging effect and increasing investment in the segment is expected to drive the adoption of anti-wrinkles products and services.
“The global anti-aging market generated a revenue of $XX billion in 2018 and is projected to reach $ 344.89 billion by 2027, at a CAGR of 7.87%. �
The North American anti-aging market generated a revenue of $XX billion in 2018 and is projected to reach $XX billion by 2027, at a CAGR of 7.64%.
The Europe anti-aging market generated a revenue of $XX million in 2018 and is projected to reach $XX million by 2027, at a CAGR of 7.94%.
The Asia Pacific anti-aging market generated a revenue of $XX billion in 2018 and is projected to reach $XX billion by 2027, at a CAGR of 8.25%.
L’OrÊal S.A., Syneron Candela, Lutronic Corporation, Allergan Australia PTY Ltd., Personal Microderm, Revlon, Cynosure, Photomedex, Olay and Beiersdorf (acquired by Tchibo Holding AG) are the major companies operating in the global market. Most of the mentioned companies employ strategies such as that of mergers & acquisitions, partnerships, contracts, agreements, &