Anti-Aging Products Market Scenario & Industry Outlook 2019-2025 | Allergan Plc, L’Oreal SA, Beiersdorf AG, Photomedex Inc., Johnson & Johnson, Lumenis Ltd. Revlon Inc., Shiseido Company Limited, Orlane, and Olay
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The current consumer landscape suggests that consumers are preferring natural ingredients based anti-aging products over chemical based products. Hence, natural anti-aging products are expected to offer new revenue opportunities for anti-aging product manufacturers.
In product type segment, the market for haircare sub-segment is estimated to grow at the CAGR 7% during the forecast period. This growth will be primarily driven by newly launched innovative products such as shampoos, moisturizers, and oils among others. There has been significant demand for anti-aging hair care products by men, which is expected to further drive the market.
On the basis of demographics, Baby boomers segment led the market with a contribution of 37% market share in the year 2017. Baby boomers are highly health conscious compared to generation X and generation Y (millennials). The rising population of baby boomers and increased spending will be further driving the market for baby boomers market segment.
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Geographically, Asia Pacific will be leading the global anti-aging products market driven by increasing population across the demographics, increasing awareness, and newly developing markets such as India and Indonesia. Europe and North America held the second and third largest market value shares respectively. Other developing markets in countries such as Brazil and Argentina are going to drive the market for South America which is the second highest growing markets globally.
Allergan Plc, L’Oreal SA, Beiersdorf AG, Photomedex Inc., Johnson & Johnson, Lumenis Ltd. Revlon Inc., Shiseido Company Limited, Orlane, and Olay are the leading players present within the global anti-aging products market.
Key segments of the global anti-aging products market
Product Type Overview, 2015-2025 (USD million)
Hair Oil & Serums
Hair Conditioner & Shampoo
Demographic Overview, 2015-2025 (USD million)
Regional Overview, 2015-2025 (USD million)
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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