According to the MarkNtel Advisors’ research report, “Asia-Pacific Anti-Aging Market Analysis, 2021,” the market is likely to grow at a CAGR of 7% during 2021-26 due to the constantly changing consumer preferences & demands. Additionally, mounting social media trends leads to shifting consumers' inclination toward maintenance & grooming of physical appearance boost the demand for anti-aging products.
Further, rising awareness regarding anti-aging solutions and surging production of effective products & services by the leading market players propel the market growth. In addition to this, changing lifestyles and snowballing consumers are other primary factors likely to fuel the Asia-Pacific Anti-Aging Market growth in the forecast period.
Key questions answered in the study
Anti-Stretch Marks Products Segment to Grow at a Sturdy Rate
Based on the Product, the market bifurcates into Anti-Wrinkle Products, Anti-Stretch Marks Products, Hair Color Products, UV Absorbers, and Others (Dermal Fillers and Botox). Among these segments, the Anti-Stretch Marks Products is likely to grow significantly during the forecast period.
The rising geriatric population is the primary factor fueling the segment growth as aging shrinks the skin, which further reduces skin elasticity. Also, pregnancy and rapid weight loss & gain are other prominent factors resulting in stretch marks. Hence, the factors cited above aid the demand for anti-stretch mark products, thereby propelling the segment growth.
“Asia-Pacific Anti-Aging Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Anti-Aging providers across the country. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.
Japan Exhibits Fastest Growth
Japan shall register the fastest growth in the Asia-Pacific Anti-Aging market during 2021-26. It is likely to become the most prominent marketplace for anti-aging services, products, and devices because of the rapid adoption of modern lifestyles among the Japanese population.
Further, the development of age-specific products that can cater to all age groups by the leading market players also fuels the adoption of these products by the younger population as a preventive measure to relegate early signs of aging. Therefore, based on these aspects, Japan is likely to contribute to the overall market growth in the forecast period, reveals MarkNtel Advisors in their research report, “Asia-Pacific Anti-Aging Market Analysis, 2021.”
According to MarkNtel Advisors, the major leading players in the Asia-Pacific Anti-Aging Market are Coty Inc., PhotoMedex, Inc., Lumenis Ltd, Alma Lasers Ltd, Beiersdorf AG, Allergan Inc., L'Oréal S.A., VLCC Health Care Limited, The Procter & Gamble Company, and The Himalaya Drug Company.