China Anti-Aging Market Overview, 2028
Chinese Millennials are turning 30 years old and are starting to get interested in anti-ageing products, as they are reaching the point of ageing panic, trying to prevent their skin from changing as they grow older. Millennials are the first generation of Chinese people who place a lot of importance on them and spend money on self-care and well-being. As the younger generations follow that trend, pushing it even further, the market is growing at a fast pace, recording year-on-year growth. There are several associations related to the anti-ageing treatment market in China. The China Association of Anti-Ageing Medicine (CAAM) was founded in 2012 and is dedicated to promoting anti-ageing medicine in China. It provides education, training, and certification programmes for healthcare professionals in the field of anti-ageing medicine. The China Anti-Ageing and Regenerative Medicine Industry Alliance (CAARIA) was established in 2016 and is a non-profit organisation that aims to promote the development of the anti-ageing and regenerative medicine industries in China. It provides a platform for industry collaboration and innovation. Shanghai International Anti-Ageing Medical Centre (SIAMC) was founded in 2012 and provides a range of anti-ageing medical services, including hormone replacement therapy, stem cell therapy, and cosmetic treatments. It also conducts research and provides education and training programmes for healthcare professionals. These associations play an important role in promoting the development and growth of the anti-ageing treatment market in China by providing education, training, research, and collaboration opportunities for healthcare professionals and companies in the industry.
According to the research report ""China Anti-Ageing Market Overview, 2028,"" published by Bonafide Research, The China Anti-Aging market was valued at more than USD 3 Billion in 2022. China has an ageing population with increasing life expectancy, which is driving demand for anti-ageing products and services. As China's middle class grows, consumers are increasingly able and willing to spend more on anti-ageing treatments and products. Furthermore, many celebrities in China are promoting anti-ageing products and treatments, which are helping to increase awareness and demand among consumers. The trend of urbanisation in China is leading to greater exposure to environmental pollutants and stress, which is driving demand for anti-ageing products and treatments. Based on the anti-ageing products, they include anti-wrinkle, hair colour, ultraviolet (UV) absorption, and anti-stretch marks. In China, anti-wrinkle products hold the highest market share in anti-ageing products. Chinese consumers are increasingly interested in personalised products and services. As a result, there is a growing trend towards customization in the anti-ageing wrinkle product market in China. Furthermore, e-commerce is growing rapidly in China, and online sales of anti-ageing products are increasing. Many consumers in China prefer to purchase products online, which is leading to the growth of online retailers in the anti-ageing product market. Based on the anti-aging segment includes the products and Treatment, in China the treatment having the highest market share in country. Based on the products Distribution channel includes the Specialty Store, Pharmacy & Drug Stores, Hypermarket & Supermarket, Online and others. In china the Speciality stores hold the highest market shares. In future the online segment will grow at the highest CAGR rate. Some of the top speciality stores are operated in china and they provides the wide range of the anti-aging products are Watsons, Mannings, Sephora, Innisfree and Shiseido.
Based on the report, the anti-aging treatment includes hair restoration, anti-pigmentation, adult acne therapy, chemical peels, breast augmentation, and liposuction. In China, adult acne therapy is dominating the market with the highest market share. Adult acne therapy is leading the anti-ageing treatment market in China because adult acne is a growing concern among Chinese consumers. Many adults in China suffer from acne, which can be caused by a range of factors, including stress, pollution, and diet. In addition, the use of face masks during the COVID-19 pandemic has led to an increase in acne cases. In addition, many Chinese consumers are interested in a holistic approach to skin care, which includes addressing both anti-ageing and acne concerns. This has led to the development of products that can address both concerns, such as anti-ageing creams that also contain acne-fighting ingredients. Based on the treatment distribution channel includes the Rejuvenation Centers, Dermatology Clinics, Hospitals, Pharmacies, Drugstores and Others (Beauty salons, Wellness centers, Plastic surgery clinics). In china the Rejuvenation Centers holds the highest market share in country. In future the others (Beauty salons, Wellness centers, Plastic surgery clinics) will grow at the highest CAGR rate.
Based on the generations covered in this report, there are Generation X, Generation Y, Generation Z, and Baby Boomers. In China, Generation X is leading the market. Generation X in China is more likely to use anti-ageing products, and one reason is that they are more aware of the benefits of taking care of their skin. Many Chinese consumers in this age group grew up during a time when there was less emphasis on skincare and anti-ageing products, and they may have witnessed the effects of neglecting the skin over time. In China, the regulation and certification of anti-ageing treatments and products are overseen by several government agencies, including the National Medical Products Administration (NMPA), the State Administration for Market Regulation (SAMR), and the China Food and Drug Administration (CFDA). In 2020, the Chinese government issued new regulations for the use of medical devices in anti-ageing treatments. These regulations require that medical devices used for anti-ageing treatments be registered with the NMPA and meet certain safety and efficacy standards. There are also restrictions on certain anti-ageing treatments and procedures in China. For example, the use of human growth hormone (HGH) for anti-ageing purposes is strictly regulated and can only be prescribed by licenced medical professionals for certain medical conditions. Cosmetic procedures, such as Botox injections and dermal fillers, are also subject to regulation and can only be performed by licenced medical professionals.
Considered in this report
• Geography: China
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report
• China Anti-Ageing Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Products Types
• Anti-Wrinkle
• Hair Color
• Ultraviolet (UV) Absorption
• Anti-Stretch Mark
By products distribution channel
• Hypermarket & Supermarket
• Pharmacy & Drug Stores
• Specialty Store
• Online
• Others
By Treatment
• Hair Restoration
• Anti Pigmentation
• Adult Acne Therapy
• Breast Augmentation
• Liposuction
• Chemical Peel
By Treatment Distribution channel
• Hospitals
• Pharmacies
• Drugstores
• Dermatology Clinics
• Rejuvenation Centers
• Others
By Target Group
• Men
• Women
The Approach of the Report:This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.
Intended audienceThis report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Office Chair industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.