The global anti-aging market size was valued at USD 62.3 billion in 2022. The market is projected to grow from USD 62.3 billion in 2022 to USD 90.9 billion by 2030, exhibiting a CAGR of 6.50% during the forecast period.
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A growing number of cosmetic procedures are being conducted globally, the older population is increasing, technology is advancing, and people are becoming more aware of cutting-edge cosmetic procedures, all promoting the rise. The anti-aging market is driven by innovative anti-aging treatments and products including plastic surgery, breast implants, botulinum toxin injection therapies, etc., that offer long-term outcomes due to technological developments and significant research and development efforts. The introduction of safer, more effective anti-aging treatments that provide consumers with immediate effects has also been promoted by tight rules and regulations, expanding the market's growth prospects.
LIST OF KEY COMPANIES PROFILED:
- Allergan
- L’Oréal
- Beiersdorf
- Estee Lauder
- Procter Gamble
- Shiseido
- Unilever
Recent Development:
- In July 2020, Lancer Skincare will debut the Pro Polish microdermabrasion tool.
- In December 2019, Have Be Co. Ltd, a global skincare company with locations in Seoul and the brands Dr. Jart+ and Do The Right Thing for men's grooming products, was acquired by Estee Lauder Companies Inc.
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