08-May-2024 | Zion Market Research
Zion Market Research has published a new report titled “Anti-Wrinkle Products Market By Product (Oils, Serums, and Lotions), By Nature (Herbal, Synthetic, and Organic), and By Distribution Channel (Hypermarkets/Supermarkets, B2B, E-Commerce, Specialty Retail, and, Others): Industry Trends, Size, Share, Growth, Estimation, and Forecast, 2024–2032”. According to the report, the global anti-wrinkle products market accounted for USD 11.66 billion in 2023 and is expected to reach around USD 24.62 billion by 2032, at a CAGR of 8.78% between 2024 and 2032.
Anti-wrinkle products have emerged to be a boon for the global cosmetic industry. These products help slow down the aging process, and, thus, have a high consumer demand, especially among women. These products are available in a wide variety and are mostly used by the geriatric population.
Browse the full “Anti-Wrinkle Products Market By Product (Oils, Serums, and Lotions), By Nature (Herbal, Synthetic, and Organic), and By Distribution Channel (Hypermarkets/Supermarkets, B2B, E-Commerce, Specialty Retail, and, Others): Industry Trends, Size, Share, Growth, Estimation, and Forecast, 2024–2032” Report at https://www.zionmarketresearch.com/report/anti-wrinkle-products-market
The anti-wrinkle products market is expected to show significant growth over the forecast time period, owing to the increasing consciousness about one’s external appearance. People mostly in the age group of 25-40 years are taking care of their skin more than ever, which will further boost the anti-wrinkle products market. Moreover, the rise in disposable income of global consumers is also expected to fuel this market. However, the high prices of these products may restrain this market, especially in the underdeveloped nations. Technological advancements and a rising focus on product development techniques are expected to generate substantial growth opportunities in the market.
The global anti-wrinkle products market is fragmented based on product, nature, and distribution channels. The product segment includes oils, serums, and lotions. Oils and serums are gaining increased popularity, owing to their superior skin tightening properties and high collagen production that help in reducing wrinkles.
Based on nature, the anti-wrinkle products market is divided into herbal, synthetic, and organic. Herbal and organic segments are expected to witness significant growth rates over the forecast period, as consumers are slowly and steadily shifting toward more natural products. However, the synthetic segment dominates the market and is expected to maintain its position in the future as well.
By distribution channel, the market includes hypermarkets/supermarkets, B2B, e-commerce, specialty retail, and others. Hypermarkets/supermarkets dominate the market as they offer a wide variety of these products at discounted rates. Online sales have gained much popularity in recent times, due to their home delivery, huge discounts, and reliability features.
The Asia Pacific region dominates the anti-wrinkle products market and is expected to maintain its position over the forecast period as well. This regional dominance can be attributed to the rise in pollution levels and high exposure to UV rays. Europe is expected to show significant growth in the anti-wrinkle products market, owing to the increasing consumer awareness regarding their skin health.
Some key players in the anti-wrinkle products market are P&G, Unilever, Nature Republic, Natura & Co., Mary Kay, Oriflame Cosmetics, L'Oréal, Lotus Herbals, Revlon, and Kao Corporation.
This report segments the global anti-wrinkle products market as follows:
Global Anti-Wrinkle Products Market: Product Analysis
Global Anti-Wrinkle Products Market: Nature Analysis
Global Anti-Wrinkle Products Market: Distribution Channel Analysis
Global Anti-Wrinkle Products Market: Regional Analysis
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