Anti-aging Market – Global Industry Analysis, Size, Share, Growth, Trends, Supply Chain and Forecast, 2024-2029

The anti-ageing market encompasses a wide range of products designed to slow down or reverse the effects of aging especially skincare. This market is driven by increasing consumer demand for youth-preserving solutions, advancements in skincare technology, and the rising awareness of personal wellness. Key product categories include creams, serums, and masks among others targeting wrinkles, fine lines, skin elasticity and other aspects of skincare.

Increasing Aging Population to Drive Market Growth

The increasing aging population is a significant driver of the anti-aging products market. As per the WHO, the global population aged 60 and over is projected to nearly double from 12% in 2015 to 22% by 2050, increasing from 1 billion to 2.1 billion individuals. As the global population ages, particularly in developed regions like North America, Europe, and parts of Asia, there is a growing demand for products that help maintain a youthful appearance and counteract the visible effects of aging. This demographic shift is characterized by a rising number of individuals over the age of 50, who are typically more concerned about age-related changes such as wrinkles, fine lines, and loss of skin elasticity. This aging population tends to have higher disposable income and a greater focus on health and wellness, making them more willing to invest in premium anti-aging products. Furthermore, the cultural emphasis on youthfulness and appearance, coupled with advancements in skincare technology, has led to an increased adoption of products designed to reduce the signs of aging. Innovations in ingredients, such as retinoids, hyaluronic acid, and peptides, as well as the growing popularity of non-invasive treatments, are also contributing to market growth. As a result, the anti-aging products market is expected to expand significantly, driven by the needs and preferences of the aging population

“Anti-aging products are in high demand from the growing geriatric population seeking to maintain a youthful appearance. Consumers are increasingly investing in anti-aging products to look young, especially in North America"- Consultant Dermatologist, A Leading Hospital Group, United States

Expanding Retail Channels and E-Commerce to Fuel Market Growth

The expansion of retail channels and the rapid growth of e-commerce are pivotal factors driving the growth of the anti-aging market. Traditionally, anti-aging products were predominantly available through conventional stores such as department stores, pharmacies, and specialty beauty shops. However, the proliferation of online retail platforms has significantly transformed the landscape, making these products more accessible to a broader audience. E-commerce platforms offer consumers the convenience of purchasing anti-aging products from the comfort of their homes, with access to a wide variety of brands and product ranges that may not be available in physical stores. This accessibility is particularly appealing to busy consumers and those living in regions with limited retail options. Furthermore, online platforms often provide detailed product information, customer reviews, and personalized recommendations, enhancing the shopping experience and helping consumers make informed choices. The rise of social media and influencer marketing has also played a crucial role in promoting anti-aging products, driving sales through targeted online campaigns. Additionally, subscription services and direct-to-consumer brands have gained popularity, offering customized products and regular delivery options.

The combination of expanding retail channels and the growth of e-commerce is expected to continue fueling the anti-aging products market, making these products more accessible and appealing to a global consumer base.

To learn more about this report, download the PDF brochure

The Rising Trend Towards Using Natural and Organic Ingredients in Skincare Products

The rising trend towards natural and organic ingredients in skincare, in the anti-aging market, is driven by increasing consumer awareness and demand for safer, eco-friendly options. As consumers become more conscious of the potential long-term effects of synthetic chemicals, they are gravitating towards products with ingredients derived from nature. These ingredients, such as plant extracts, essential oils, and botanical antioxidants, are perceived as gentler on the skin and less likely to cause irritation or adverse reactions. This shift is also fuelled by a broader movement towards health and wellness, where consumers seek holistic approaches to beauty and skincare. The trend aligns with the growing preference for clean beauty i.e., products free from harmful chemicals, parabens, sulphates, and synthetic fragrances. Moreover, the emphasis on sustainability and ethical sourcing has led consumers to favour brands that use organic, non-GMO ingredients and environmentally friendly packaging. Brands are responding by reformulating existing products and launching new lines that emphasize natural and organic ingredients, often highlighting these features in their marketing. This trend presents opportunities for innovation, but also challenges in maintaining product efficacy and meeting regulatory standards while adhering to natural formulations.

APAC Expected to be a Major Growth Engine in the Anti-aging Market

APAC is expected to be a major growth engine in the anti-aging market. This region's rapid economic growth, rising disposable incomes, and increasing urbanization are key drivers of market expansion. The growing middle-class population, particularly in countries like China, Japan, South Korea, and India, is increasingly investing in personal care and beauty products, including anti-aging solutions. Additionally, the cultural emphasis on youthful appearances and the influence of beauty trends have heightened consumer demand for advanced skincare products in the region. The Asia-Pacific market is also characterized by a high level of innovation, with local brands and international players introducing products that cater to the specific skincare needs of Asian consumers. Moreover, the expanding e-commerce sector in Asia-Pacific has made anti-aging products more accessible, further fuelling market growth. This region's demographic trends, coupled with its burgeoning beauty industry, position it as a key driver of the global anti-aging products market. The growth in the North America is driven by increasing consumer awareness, coupled with the presence of major cosmetic companies, and a strong demand for innovative and premium skincare solutions.

To learn more about this report, download the PDF brochure

Product Type Segment Analysis

The anti-aging market can be analyzed based on product types, such as Facial Creams, Lotions & Gels, Face & Body Wash, Serums, Moisturizers, Sunscreens, Eye Creams, Peels & Exfoliants, Body Creams & Lotions, Masks, Fillers, Injectables, Microdermabrasion Devices, Others. The anti-aging market can be analyzed based on distribution channel types, such as represent the largest segment. This is due to their widespread use in daily skincare routines, focusing on reducing wrinkles, fine lines, and other visible signs of aging. Facial creams are favored for their ability to address specific aging concerns like sagging skin and pigmentation, which makes them a staple in most anti-aging regimens. The serums segment is expected to show significant growth. Serums, known for their concentrated formulations, are gaining popularity because they deliver active ingredients more effectively to the deeper layers of the skin. Consumers are increasingly drawn to serums for their advanced anti-aging properties, which target specific concerns like skin hydration, elasticity, and repair at a cellular level. The rise of innovative formulations and increased awareness about preventive skincare has propelled the rapid growth of this segment.

Distribution Channel Type Segment Analysis

The anti-aging market can be analyzed based on distribution channel types, such as Online Stores, Supermarkets/Hypermarkets, Specialty Stores, Pharmacies, Dermatology Clinics, Salons and Spas and Others. The supermarkets/hypermarkets are the largest distribution channel segment. These stores offer a wide variety of anti-aging products, providing consumers with convenience and accessibility. With their broad customer base and ability to stock a wide range of products, supermarkets and hypermarkets dominate the market in terms of volume sales. However, online stores represent the fastest-growing segment. The increasing penetration of e-commerce platforms, coupled with the convenience of shopping from home, has fueled this growth. Consumers are drawn to online stores for the ease of comparing products, reading reviews, and accessing a wider selection, including niche and premium brands. The surge in digital marketing, social media influencers, and personalized online skincare consultations has further accelerated the shift towards online purchases in the anti-aging market, making this segment the fastest-growing.

Organic and Inorganic Growth Strategies Adopted by Players to Establish Their Foothold in the Market

Players operating in this market are adopting both organic and inorganic growth strategies such as collaborations, acquisitions, and new product launches to garner market share. For instance,

• In July 2024, Nuxe launched six new anti-aging products under the Nuxuriance Ultra Alfa [3R] line, featuring a natural-origin formula targeting wrinkles, sagging, and lack of firmness. Available in global travel retail, the products use patented green technology, designed to be more effective than retinol, while being eco-friendly and vegan compliant
• In April 2024, Beiersdorf AG entered a multi-year partnership with Rubedo Life Sciences to develop anti-aging solutions and new products for the global market
• In April 2024, Image Skincare launched its Daily Prevention collection, featuring six new sunscreen products designed to integrate anti-aging benefits and hydration
• In February 2024, L’Oréal’s launched of its Age Perfect Collagen Royal Anti-Aging Face Cream in China, featuring recombinant collagen. This innovation, with its human-like collagen structure, represents a significant advancement in the commercialization of recombinant collagen
• In April 2023, SkinCeuticals launched A.G.E. interrupter advanced, a corrective cream targeting signs of aging caused by glycation and collagen decline. this advanced formula, incorporating concentrated Proxylane and other active ingredients, aims to smooth wrinkles and improve skin hydration

The anti-aging market is expected to gain further momentum in the coming years due to technological advancements, rising R&D investments, and aggressive organic and inorganic growth strategies followed by the players.

Competitive Landscape Analysis

The global Anti-aging market is marked by the presence of established market players such as AbbVie Inc., Age Sciences Inc., Avon Products, Inc., Beiersdorf AG, Chanel Ltd., Estée Lauder Inc., Galderma, Groupe Clarins, Johnson & Johnson, L'Oreal Groupe, Oriflame Cosmetics AG, Pierre Fabre, Procter & Gamble, Revlon, Shiseido Co., Ltd., SkinCeuticals and Unilever among others.

Get a sample report for competitive landscape analysis

Future Outlook of the Anti-aging Market

The global anti-aging market is expected to gain further momentum in the coming years due to the constantly rising investment in R&D by healthcare companies, increasing partnerships and collaborations between market players, and increased externalization of clinical trial studies by large pharmaceutical and biopharmaceutical companies. These factors collectively contribute to the growth and evolution of the anti-aging market.

Anti-aging Market Report Scope

Key Strategic Questions Addressed

• What is the market size & forecast for the Global Anti-aging Market?

• What are the historical, present, and forecasted market shares and growth rates of various segments and sub-segments of the Global Anti-aging Market?

• How has COVID-19 impacted the Global Anti-aging Market?

• What are the major growth drivers, restraints/challenges impacting the market?

• What are the opportunities prevailing in the market?

• What is the investment landscape?

• Which region has the highest share in the global market? Which region is expected to witness the highest growth rate in the next 5 years?

• Who are the major players operating in the market? What is the competitive positioning of key players?

• Who are the new players entering the market?

• What are the key strategies adopted by players?