How big is the anti-aging industry?

Market Overview The anti-aging market was valued at approximately USD 44,124 million in 2020, and it is expected to witness a revenue of USD 64,043 million in 2026, with a CAGR of 6.1\% over the forecast period.

How much is the anti Ageing industry worth?

The global anti-ageing market is predicted to be worth $421.4 billion (approx. £306bn) by 2030. According to P&S Intelligence, the market is expected to grow at a CAGR (compound annual growth rate) of 8.1\% from $191.5bn (approx. £139bn) in 2019 to $421.4bn by 2030.

How much money do Americans spend on anti-aging?

The Anti-Aging Products market in the U.S. is estimated at US$14.2 Billion in the year 2020.

How many people buy anti-aging products?

According to the 2020 RealSelf Sun Safety Report, 62\% of Americans use anti-aging products daily, but only 11\% wear sunscreen daily.

What is antiaging market?

The global anti-aging market reached a value of US$ 58.5 Billion in 2020. Looking forward, the market is expected to reach a value of US$ 88.30 Billion by 2026, exhibiting a CAGR of 7.10\% during 2021-2026. Anti-aging refers to the process of limiting or retarding these changes through various products and services.

What is skin aging?

Skin aging is characterized by features such as wrinkling, loss of elasticity, laxity, and rough-textured appearance. This aging process is accompanied with phenotypic changes in cutaneous cells as well as structural and functional changes in extracellular matrix components such as collagens and elastin.

What is the target market for anti-aging products?

On the basis of age group, the market has been segmented into the age group of 25-35 years, 35-55 years,and 55 and above. Currently, consumers in the age group of 35-55 years lead the global anti-aging market, holding more than a half of the total global market.

How much does the average woman spend on skincare?

According to the study, the average woman spends about $313 per month on her appearance. This adds up to $3756 per year or $225,360 over the course of a lifetime. Yep, it’s pretty standard for college tuition. (Though in all fairness, that only gets us four years.)

What is the anti-aging market?

The Anti-aging Market is valued at approximately USD 44,124 million in 2020 and is expected to witness a revenue of USD 64,043 million in 2026, with a CAGR of 6.1\% over the forecast period. Stretch mark develops when the skin stretches or shrinks quickly. Aging is a primary factor for stretch marks.