In 2020, the global anti-aging market was estimated to be worth about 58.5 billion U.S. dollars. The anti-aging market is estimated to see a compound annual growth rate (CAGR) of seven percent between 2021 and 2026. Society drives people in every way to look beautiful.
Likewise, how many people buy anti-aging products?
According to the 2020 RealSelf Sun Safety Report, 62% of Americans use anti-aging products daily, but only 11% wear sunscreen daily.
One may also ask, what is the #1 anti-aging cream?
The best wrinkle cream overall is Drunk Elephant A-Passioni, a brilliant moisturizer containing line-reducing retinol, collagen-supporting peptides, and barrier-replenishing ceramides.
Who is the target market of anti-aging products?
On the basis of age group, the market has been segmented into the age group of 25-35 years, 35-55 years,and 55 and above. Currently, consumers in the age group of 35-55 years lead the global anti-aging market, holding more than a half of the total global market.
The longevity industry is focused on the production of therapies that target mechanisms of aging. The goal is to slow the progression of aging by making metabolism more resistant to the damage that is present in old tissues, or, better, to produce rejuvenation in the old by repairing that damage.
Anti-aging creams are predominantly moisturiser-based cosmeceutical skin care products marketed with the promise of making the consumer look younger by reducing, masking or preventing signs of skin aging.
A good moisturizer, like hyaluronic acid, helps in getting rid of these lines without undergoing any intense treatment.” Priyanka adds, “The ageing process starts as early as 21, but the visible signs start appearing post 30. So I recommend starting anti-ageing products by 25.
Experts agree that skin starts to age around 20 years old, and recommend that you start the road to prevention early. “I recommend my patients to start incorporating anti-aging skin care products in their 20s and 30s, when our skin slowly starts to lose collagen,” says Y.
The Anti-Aging Products market in the U.S. is estimated at US$11.6 Billion in the year 2020.