Anti-wrinkle Products Market is segmented By Product Type (Cream, Oil, Lotion, Serum, Gel), By Active Ingredients (Retinoids, Niacinamide, Vitamin C, Hydroxy Acids, Glycolic Acid), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores , Pharmacies & Drugstores, Online), By End User (Men, Women), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Anti-wrinkle Products Market Size
The Global Anti-wrinkle Products Market size reached USD million in 2022 and is projected to witness lucrative growth by reaching up to USD million by 2030. The market is growing at a CAGR of 7.5% during the forecast period (2023-2030).
Wrinkles on the body are a natural process of aging it is mostly seen in sun-exposed skin such as the neck, face and hands. Increase in the use of various active ingredients inanti-wrinklee products such as retinoids, niacinamide, vitamin C, hydroxy acids, glycolic acid and others. An increase in the availability of various brands of anti-wrinkle products helps to boost market growth.
The rising old age population across the world also helps to boost the market growth in the forecast period. An increase in awareness among consumers of age-related skin problems such as wrinkles helps to boost the demand for the Anti-wrinkle Products Market.
Anti-wrinkle Products Market Scope
|
Metrics |
Details |
|
CAGR |
7.5% |
|
Size Available for Years |
2021-2030 |
|
Forecast Period |
2023-2030 |
|
Data Availability |
Value (US$) |
|
Segments Covered |
Product Type, Active Ingredients, Distribution Channel, End User and Region |
|
Regions Covered |
North America, Europe, Asia-Pacific, South America and Middle East & Africa |
|
Fastest Growing Region |
Asia-Pacific |
|
Largest Region |
North America |
|
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
For More Insights Request Free Sample
Anti-wrinkle Products Market Dynamics
Increasing Awareness of Personal Grooming Among All Age Groups to Drive Demand
The need for anti-wrinkle products has increased due to rising worries about skin nourishment caused by a variety of issues such as the increased occurrence of wrinkles, dullness, and tanning. Consumer purchasing patterns on premium beauty care items are expected to change, supporting the market's overall growth.
Furthermore, the demand for body lotions and creams is rising as people become more aware of the negative effects of prolonged sun exposure.
According to a survey performed by Unilever, the world’s largest consumer goods company. in February 2021, 74 percent of respondents favor the beauty and personal care industry, which focuses more on helping people feel better. The survey included 10,000 respondents from nine countries, including the United States, India, and China.
Increasing Consumers’ Demand for Anti-wrinkle Products, Owing to Increasing Beauty Consciousness Among the Female Population
The surge in the female population across the world and the increase in the concern about beauty and appearance among women. An increase in the working women population also helps to boost the market growth in the forecast period. According to the Statistic Times, in 2021, the population of females in the world is estimated at 3,905 million, representing 49.58% of the world population.
Cosmetic manufacturers focus on increasing their investment in personal care products, which is expected to grow the market in the upcoming years. Dermatologists advise women to use anti-wrinkle products for the treatment of wrinkles. An increase in women’s expenses the beauty products also helps to boost the market growth.
Anti-wrinkle Products Market Segment Analysis
The global anti-wrinkle products market is segmented based on product type, active ingredients, distribution channel, end user and region.
Owing to the Effectiveness of Anti-wrinkle Cream, the Segment is Expected to Grow
Antiwrinkle cream gives good results against wrinkles. An increase in product launches by the major key players helps to boost the anti-wrinkle products market growth in the forecast period. For instance, on March 12, 2023, Nivea launched Q10 Anti-Wrinkle Cream in the market.
The newly launched product is available on the company website Happi.com. Also, on September 1, 2022, DERMA E launched 10 new products in the market. The company launched a vitamin C products line such as Concentrated Serum, Vitamin C Gentle Daily Cleansing Paste, Vitamin C Intense Night Cream, and Vitamin C Renewing Moisturizer.
All the products are sustainable and clean. The company also launched anti-wrinkle products such as The Anti Wrinkle Retinol Cleanser, Anti Wrinkle Renewal Cream, and Anti-Wrinkle Treatment Oil. All these products are available in the Walmart.
Anti-wrinkle Products Market Geographical Share
Increasing Beauty Conscious Population in Asia Pacific Region.
Asia Pacific region is the highest share-holding region among others due to the increase in consumers’ awareness about skincare. China and India are the major shareholding countries in the region due to the increase in disposable income. Also, the increase in the working women population in the region and their increase in awareness about skincare routines help to increase demand for anti-wrinkle products.
Major key players are focusing on new product launches with technological advancement which also helps to boost the market growth. The increase in the geriatric population in Japan and China also helps to increase the adoption of anti-wrinkle products. Governments of various countries like India and China help to boost organic anti-wrinkle products’ production which further increases the market growth in the forecast period.
Anti-wrinkle Products Companies
The major global players include L’Oréal Groupe, Olay, CeraVe, Neutrogena, RoC Skincare, POND’S, Galderma S.A., The Estée Lauder Companies Inc., Life Extension, and Vichy Laboratoires.
Key Developments
- On May 20, 2022, Ame Organic launched a skincare line in the market which is an alternative to anti-aging creams. With the purchase of the newly launched product, the company gives free consultations on antiaging diet and antiaging yoga. The newly launched product is 100% natural and organic which is free from synthetic and chemical additives.
- On September 02, 2022, NutriGlow launched a new anti-aging skincare range in the market. The newly launched products include NutriGlow Advanced Organics Anti Pigmentation Serum, Anti Pigmentation Night Cream, Age Repair Tightening Serum, Age Repair Tightening Day Cream, Vitamin C Skin Lightening Serum and Vitamin C Skin Lightening Night Cream.
All of NutriGlow's products are vegan-friendly, paraben-free formulas with natural and certified organic components that address a variety of skin requirements.
- On September 24, 2018, SkinCeuticals launched Anti-Aging Retinol Cream in the market. The appearance of skin discoloration and apparent indications of aging are improved by this new concentrated facial cream with pure retinol, which also reduces breakouts and refines pores.
Why Purchase the Report?
- To visualize the global anti-wrinkle products market segmentation based on product type, active ingredients, distribution channel, end user and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of anti-wrinkle products market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The global anti-wrinkle products market report would provide approximately 69 tables, 91 figures and 195 Pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
