Intelligence Report: Global Anti-Aging Product Market 2014-2018
Aging is associated with numerous common health problems. Anti-aging products help in fighting the various signs of aging or problems such as wrinkles, blemishes, dry lines, fine color, pores, graying, thinning, and sagging. To overcome these aging problems related to skin and hair consumers use many products that basically fall under three categories: skincare, cosmeceuticals, and hair care.
Analysts forecast the Global Anti-aging Product market will grow at a CAGR of 6.77 percent over the period 2013-2018. Consumers are increasingly using anti-aging products made from natural and organic ingredients. Over the years, consumers have started seeking safe products and are now paying more attention to the ingredients in the anti-aging products, preferring those that do not contain chemicals or ingredients that could cause harmful side effects. Typically, anti-aging skincare and hair care products are made from synthetic ingredients, additives, and fillers. Such products could harm skin and hair, or even weaken and loosen skin when it starts aging. Natural oils such as argan, marula, coconut, and almond are some popular ingredients used in organic products. As organic products have little harmful effects, many large companies are launching natural and organic products to gain more market share.
Covered in this Report
The Global Anti-aging Product market can be divided into three segments: Skincare Products, Cosmeceuticals, and Hair Care Products. These are the product categories used by consumers to reduce various signs of aging and maintain youthfulness.
The Global Anti-aging Product Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Anti-aging Product market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Consumers are increasingly using anti-aging products made from natural and organic ingredients. Over the years, consumers have started seeking safe products and are now paying more attention to the ingredients in the anti-aging products, preferring those that do not contain chemicals or ingredients that could cause harmful side effects. Typically, anti-aging skincare and hair care products are made from synthetic ingredients, additives, and fillers. Such products could harm skin and hair, or even weaken and loosen skin when it starts aging. Natural oils such as argan, marula, coconut, and almond are some popular ingredients used in organic products. As organic products have little harmful effects, many large companies are launching natural and organic products to gain more market share.
According to the report, one of the main drivers is the rising global aging population. This growth is resulting in an increase in the need for anti-aging and age-defying facial products.
Further, the report states that one of the main challenges hindering market growth is the intensifying competition in the market caused by the entrance of new players and private labels.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.