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
• Online
Anti Aging Products Regional Outlook (Revenue, USD Billion, 2015 – 2025)
• North America
• The U.S.
• Europe
• 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
• Clarin’s
• 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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