Anti-Aging Product Market Is Set To Grow At A 6% CAGR To 2018 : Radiant Insights,Inc
RadiantInsights.com has announced the addition of “Global Anti-Aging Product Market Trends, Growth And Forecast Report Up To 2018 : Radiant Insights, Inc” Market Research Report to their Database.
San Francisco, United States – August 3, 2016 /MarketersMedia/ —
The anti-aging product market will experience a good run during the forecast period (2014-2018) due to aiding customers in fighting ageing and preserving their beauty. It is expected to showcase a CAGR exceeding 6% over the next four years. Anti-aging products are advertised to fight problems such as sagging, wrinkles, blemishes, graying, and pores. But the competition among market players can impede market growth.
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The worldwide market is segmented by products, services, and regions. Products encompass hair care, cosmetics, and skin care. Hair care products nourish and restore hair to its original color. These products are manufactured from synthetic or organic substances. They include shampoos, gels, conditioners, hair colorants, and other accessories.
Skin care will be the highest revenue generating segment of the global anti-aging market. Skin care products will experience a robust growth rate due to the presence of e-commerce platforms and online shopping sites. They mainly consist but not restricted to face and body lotions. The industry aims to capitalize on the baby boomer population aged between 50 and 70 to sell such products. Cosmetics will face a huge demand due to peels, face masks, and creams. Consumer awareness related to these products will face a huge role in attaining sales.
Services include sclerotherapy, chemical peel, hair restoration, breast augmentation, adult acne therapy, anti-pigmentation therapy, liposuction services, abdominoplasty, and eye-lid therapy. Studies regarding anti-pollution creams, sirtuins, and epigenetics are anticipated to change the market scenario.
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Regions include North America, Asia Pacific, Europe, and RoW (Rest of the World). Asia Pacific will see a rapid growth due to the popularity of cosmetic surgeries done at an economical price. North America has generated almost USD 2.4 billion in 2013. It will continue to generate additional sales to cater to the teenage and elderly populace primarily influenced by Hollywood.
Prominent players in the global anti-aging product market encompass L’Oreal SA, Unilever Group, Procter & Gamble Co., and Beiersdorf AG. Players are mostly focused on R&D (research and development) to launch novel products to entice new customers and increase their market presence.
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About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
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