Anti Aging Products Market Will Hit Big Revenues In Future Due To Importance Of Personal Appearance | Grand View Research, Inc.

Anti Aging Products Market Will Hit Big Revenues In Future Due To Importance Of Personal Appearance | Grand View Research, Inc.

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According to a recent report published by Grand View Research Inc., the growing concerns for external beauty and personal grooming is expected to trigger the market growth. However, in the wake of Covid-19, the beauty and cosmetic care industry witnessed a decline in business growth.

The global anti aging products market is expected to reach at USD 51.5 billion by 2025 expanding at a CAGR of 5.2%. The rising importance of moisturizers, shampoo, and hair oils to cover grey hair, improve softness of hair, and increase shining features is expected to remain a favorable factor. Furthermore, growing application of hair care among men in order to maintain hair growth for a longer time is expected to be a key trend in the near future.

U.S. based hair care brand K18 has officially launched in Singapore in December 2020 with a hope to encourage hair salons and increase their profitability. It also aims to provide state-of-the-art technology for hair treatments within a lesser estimated time.  Along with constantly changing guidelines and reduced business hours during the pandemic, the technology is said to become the ‘next revolution’ in hair care treatments. With this, a client can be served with hair services in just four minutes without having to wait longer. In addition, the demand for home-care treatments gained a huge traction amid the pandemic. 

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Anti Aging Products Market Report Highlights

 The hair care segment is projected to ascend at a CAGR of 6.0% from 2019 to 2025.

Supermarkets and hypermarkets dominated the industry with an overall share of above 50.0% in 2018.

The emerging markets are adopting innovation to amplify their consumer base. Additionally, the adoption of state-of-the-art facilities are likely to offer quality products at reasonable costs. Therefore, it is anticipated in attracting new consumers along with encouragement for innovation.

North America dominated the industry, accounting for above 35.0% share of the global revenue in 2018.

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Anti Aging Products Market Segmentation

Grand View Research has segmented the global anti aging products market on the basis of product, distribution channel, and region:

Anti Aging Products Outlook (Revenue, USD Billion, 2015 – 2025)

     Skin Care
     Hair Care

Anti Aging Products Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2025)

     Supermarkets & Hypermarkets
     Convenience Stores

Anti Aging Products Regional Outlook (Revenue, USD Billion, 2015 – 2025)

     North America
        • The U.S.
        • Germany
        • The U.K.
     Asia Pacific
        • China
        • Japan
     Central and South America
        • Brazil
    • MEA
        • South Africa

List of Key Players of Anti Aging Products Market

     Estee Lauder Inc
     Procter & Gamble
     PhotoMedex Inc
     Cellex-C International Inc
     The Boots Company Plc
     PmdBeauty Inc

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About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

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