Asia Pacific Anti-Aging Skincare Ingredients Market
The Asia-Pacific anti-aging skincare ingredients market is expected to reach USD 948.16 million by 2031 from USD 642.43 million in 2023, growing with a substantial CAGR of 5.05% during the forecast period of 2024 to 2031.
Asia-Pacific Anti-Aging Skincare Ingredients Market, By Product (Retinoids, Hyaluronic Acid, Antioxidants, Peptides, Niacinamide (Vitamin B3), Alpha Hydroxy Acids (AHAS), Ceramides, Zinc Oxide & Titanium Dioxide, Beta Hydroxy Acid (BHA), Coenzyme Q10 (Ubiquinone), Green Tea Extract, Alpha Lipoic Acid, Caffeine, Bakuchiol, Squalane, Kojic Acid, Alpha-Arbutin, Soy Isoflavones, Others), Form (Powder, Liquid, Granular), Function (Moisturizing, Collagen Boosting, Sun Protection, Exfoliation, Skin Brightening, Anti-Inflammatory, Skin Repair, Others), Application (Anti-Wrinkle, Anti-Pigmentation, Anti-Oxidation, Dermal Fillers, Others), End Use (Serum, Moisturizer, Cleanser, Eye Cream, Face Oil, Mask, Toner, Others), Countries (China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Thailand, Malaysia, Philippines, Singapore, and Rest of Asia-Pacific) – Industry Trends and Forecast to 2031
Overview of Asia-Pacific Anti-Aging Skincare Ingredients Market Dynamics:Drivers
• Growing awareness among consumers regarding anti-aging skincare ingredients
• Innovative product branding and advertising activities
• Rise in disposable and increase in urban population
• Growing trend of personalized skincare
Restraints
• Increasing side effects of some skincare ingredients
• Rising consumer skepticism among consumers regarding the effectiveness of certain anti-aging ingredients
Opportunities
• Shifting preference towards natural and organic products
• Development of innovative delivery systems
Market Players:
The key market players operating in the Asia-Pacific anti-aging skincare ingredients market are listed below:
• ADEKA CORPORATION
• Beiersdorf AG
• Croda International Plc
• BASF SE
• Wacker Chemie AG
• Lonza
• CLARIANT
• Evonik Industries AG
• DSM
• Kao Corporation