Middle East and Africa Anti-Aging Skincare Ingredients Market
The Middle East and Africa anti-aging skincare ingredients market is expected to reach USD 187.77 million by 2031 from USD 136.61 million in 2023, growing with a substantial CAGR of 4.12% during the forecast period of 2024 to 2031.
Middle East and Africa 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 (United Arab Emirates, Saudi Arabia, South Africa, Egypt, Israel, and Rest of Middle East and Africa) – Industry Trends and Forecast to 2031
Overview of Middle East and Africa 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 Middle East and Africa 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