Anti-Aging Products, Services and Devices Market , By Product, Services & Devices (Product Type(UV Absorbers, Anti-wrinkle Products, Dermal Fillers, Botox, Anti-Stretch Mark Products and Hair Color), By Service Type (Anti-Pigmentation Therapy, Anti-adult Acne Therapy, Breast Augmentation, Liposuction, Abdominoplasty, Chemical Peel, Eye Lid Surgery, Hair Restoration Treatment and Sclerotherapy), By Device Type (Anti-Cellulite Treatment Devices, Microdermabrasion Devices, Laser Aesthetic Devices & Radio Frequency Devices)), By Demographics (Baby Boomers, Generation X & Generation Y), and by Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Anti-aging products and devices are products and/or services that are used to slow or reverse the normal aging process, for one reason or another. Anti-aging products and devices are very popular with both men (who want to look younger) and women (who want to feel younger). Anti-aging products and devices come in different forms-they can be creams, pills, powders, lotions, facial scrubs, cosmetics, hair dyes, hair transplants and surgery. Most people choose one of the many available Anti-aging products and devices when they are looking to make themselves look or feel better.
Market Dynamics
Increasing aging population and technological advancement in the field of anti-aging products and services is propelling growth of the anti-aging products, services and devices market. For instance, in June 2020, Avon, an American-British multinational cosmetics, skin care, fragrance and personal care companyhas unveiled its Anew Skin Reset Plumping Shots which helps to restore your skin to more youthful levels for a strengthened skin matrix which claims to reboost the skin in a week.
Increasing spending on anti-aging surgical cosmetic procedures by consumers are projected to offer immense opportunities in the market over the forecast period. According to American Society of Plastic Surgeons (ASPS) in 2020, Americans spent more than US$16.5 billion on cosmetic plastic surgery and minimally invasive procedures in 2020, a four percent increase from 2019. Thus, increasing spending on cosmetic procedures by consumers is projected to favor the market growth in the near future.
Technological advancement in the anti-aging devices is projected to bring new market opportunities in the near future. For instance, in January 2020, Foreo, a Swedish beauty-tech brand launched a new ‘Bear’ anti-aging device with Lotte and Hyundai. Bear and Bear Mini is a combination of microcurrent and T-sonic pulsations, it firms the skin for a more youthful and contoured complexion. The microcurrent tones the skin, while T-sonic pulsations relax the facial muscle tension points and smooth the appearance of fine lines and wrinkles.
Key features of the study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook