Latest News- Anti-Aging Products Market: Facial cream and lotions is expected to lead the Product Type segment during 2025-2029

The Anti-Aging Products Market is being driven by Increasing older population

The Anti-Aging Products Market is expected to grow at a CAGR of 7.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 24881.7 million. The anti-aging products market in the U.S. has experienced substantial growth in the digital domain, with online sales accounting for over 32% of global skincare revenues by 2025. Notably, consumers aged 55-64 represent the fastest-growing demographic in this sector, reporting a 12% annual increase in online purchases of beauty items. Furthermore, 65% of shoppers now conduct extensive research on beauty products online prior to making a purchase. As a result, the online distribution of anti-aging creams, lotions, and serums continues to expand, catering to the escalating demands of consumers. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product Type
  • Facial cream and lotions
  • Serum and concentrates
  • Under eye creams
  • Others
• Distribution Channel
  • Supermarkets and hypermarkets
  • Online
  • Pharmacy and drug stores
  • Specialty stores
• End-user
  • Skin care
  • Hair care
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing older population
• Rising beauty consciousness among people
• Rising research and development activities

However, the market also witnesses some limitations, which are as follows:

• High cost of anti-aging products
• Increasing side-effects
• Stringent regulations

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Market Scope in Anti-Aging Products Market Research Report

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Research Analysis Overview

The Anti-Aging Products Market focuses on items designed to improve skin firmness, reduce fine lines, and minimize age spots caused by sun damage. These products aim to enhance skin texture by boosting the dermal and extracellular matrix, optimizing lipid composition, and stimulating protein synthesis and enzyme activity. Gene expression and cell signaling pathways are targeted to facilitate tissue regeneration and ensure clinical efficacy. Safety, ingredient sourcing, and formulation science are crucial factors, along with delivery systems, efficacy studies, and testing methods (in-vitro, in-vivo, clinical trials). Consumer perception, labeling, regulatory compliance, consumer preference, ingredient safety, product stability, shelf life, and packaging solutions also play significant roles.

Market Research Overview

The global personal care products market encompasses the research and development (R&D) and manufacturing sectors of various categories, such as cosmetics, perfumes, masks, sex toys, hair wigs and extensions, and polarized sunglasses. According to Technavio, market size is determined by the consolidated revenue generated by these product manufacturers. Key growth drivers for this market include the rise in disposable income, leading to increased expenditure on luxury and lifestyle-related items, and the increasing focus on collagen synthesis, skin elasticity enhancement, and wrinkle reduction through cellular regeneration in anti-aging products.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/