Market Overview:
MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Asia-Pacific Anti-Aging Market, The Asia-Pacific Anti-Aging Market size is estimated to grow at a CAGR of around 7.0% during the forecast period, i.e., 2024–30. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Asia-Pacific Anti-Aging Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.
Industry Outlook & Forecasts:
- Forecast Period: 2024-2030
- CAGR (2024-2030): 7.0%
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Asia-Pacific Anti-Aging Market Segmentation Breakdown:
The Asia-Pacific Anti-Aging Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
By Product
- Anti-Wrinkle Products- Market Size & Forecast 2019-2030, USD Million
- Anti-Stretch Marks Products- Market Size & Forecast 2019-2030, USD Million
- Hair Color Products- Market Size & Forecast 2019-2030, USD Million
- UV Absorbers- Market Size & Forecast 2019-2030, USD Million
- Others (Dermal Fillers, Botox, etc.)- Market Size & Forecast 2019-2030, USD Million
The Anti-Wrinkle Products segment held a major share of the Asia-Pacific Anti-Aging Market.
By Services
- Anti-Pigmentation Therapy- Market Size & Forecast 2019-2030, USD Million
- Adult Acne Therapy- Market Size & Forecast 2019-2030, USD Million
- Hair Restoration- Market Size & Forecast 2019-2030, USD Million
- Chemical Peel- Market Size & Forecast 2019-2030, USD Million
- Liposuction Services- Market Size & Forecast 2019-2030, USD Million
- Eye Lid Surgery- Market Size & Forecast 2019-2030, USD Million
- Abdominoplasty- Market Size & Forecast 2019-2030, USD Million
- Others (Sclerotherapy, Breast Augmentation, etc.) – Market Size & Forecast 2019-2030, USD Million
The Hair Restoration segment is expected to dominate the Asia-Pacific Anti-Aging Market over the forecasting period.
By Devices
- Anti-Cellulite Treatment Devices- Market Size & Forecast 2019-2030, USD Million
- Laser Aesthetic Devices- Market Size & Forecast 2019-2030, USD Million
- Radiofrequency Devices- Market Size & Forecast 2019-2030, USD Million
- Microderm Abrasion Devices- Market Size & Forecast 2019-2030, USD Million
By Age Group
- Generation Y (Age Group: 25-40 years)- Market Size & Forecast 2019-2030, USD Million
- Generation X (Age Group: 41-56 years)- Market Size & Forecast 2019-2030, USD Million
- Baby Boomers (Age Group: 57-75 years)- Market Size & Forecast 2019-2030, USD Million
By Distribution Channel
- Online- Market Size & Forecast 2019-2030, USD Million
- Direct Sales- Market Size & Forecast 2019-2030, USD Million
- Departmental/Retail Stores- Market Size & Forecast 2019-2030, USD Million
- Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030, USD Million
By End User
- Hospitals- Market Size & Forecast 2019-2030, USD Million
- Clinics- Market Size & Forecast 2019-2030, USD Million
- Homecare- Market Size & Forecast 2019-2030, USD Million
Geographical Growth Insights:
By Country
- China
- India
- Japan
- South Korea
- Australia & New Zealand
- Others
South Korea accounts for a significant share of the Asia-Pacific Anti-Aging Market.
MarkNtel Advisors Highlights Key Market Drivers for Asia-Pacific Anti-Aging Market:
Rising Awareness of Skincare Driven by Social Media – The increasing awareness of skincare driven by social media would propel the Asia-Pacific Anti-Aging Market. Social media and digital platforms play a significant role in spreading information about skincare routines, product recommendations, and professional treatments. The companies have also collaborated with actors, influencers, beauty bloggers, and skincare experts who leverage social media platforms to share skincare tips and promote anti-aging solutions, further raising awareness among consumers in the Asia-Pacific region. For example, in 2022, SK-II collaborated with a renowned South Korean actress with a strong social media following in Asia to endorse their anti-aging skincare products and appeal to a wider audience. As access to information and education about skincare improves, consumers are becoming more knowledgeable about common skin concerns such as wrinkles, fine lines, hyperpigmentation, and loss of elasticity. This heightened awareness leads to a growing demand for anti-aging products and treatments to address these issues effectively.
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A Comprehensive Analysis of Leading Companies in Asia-Pacific Anti-Aging Market
- Coty Inc.
- PhotoMedex, Inc.
- Lumenis Ltd
- Alma Lasers Ltd
- Beiersdorf AG
- Allergan Inc. (AbbVie)
- L’Oréal S.A.
- VLCC Health Care Limited
- Shiseido Co., Ltd
- The Procter & Gamble Company
- The Himalaya Drug Company
- Others
Asia-Pacific Anti-Aging Market Recent Developments
- 2023: Hy launched Leti 7714 Triple Lift-up Up Anti-Aging Cream, which features a fermented product of cultured lactic acid bacteria in South Korea.
- 2022: 7e Wellness launched a first-of-its-kind Microcurrent Device for Anti-Ageing Treatment in India.
What are the growth Opportunity driving the Asia-Pacific Anti-Aging Market?
Rising Demand for Non-Invasive Anti-Aging Treatments & Procedures – The rising demand for non-invasive anti-aging treatments and procedures presents a significant opportunity for the Asia-Pacific Anti-Aging Market. With advancements in technology and a growing emphasis on personal well-being, consumers are increasingly seeking alternatives to surgical interventions for maintaining youthful skin.
Non-invasive treatments such as laser therapy, chemical peels, microdermabrasion, and injectables like dermal fillers and botulinum toxin are gaining popularity due to their effectiveness and minimal downtime. Hence, this presents an opportunity for skincare companies to offer a diverse range of non-invasive anti-aging solutions tailored to different skin types and concerns. By investing in research and development to improve the efficacy and safety of these treatments, companies can capitalize on the growing demand for non-surgical anti-aging options in the Asia Pacific region.
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