Growing Penetration of Natural, Organic and Herbal Anti-Wrinkle Products Drives Growth
Global anti-wrinkle product market
DUBLIN, May 16, 2023 (Globe Newswire) — Anti-Wrinkle Products Market Size, Share and Trend Analysis Report By Active Ingredient (Vitamin C, Hydroxy Acids), By Product (Cream, Lotion), By Distribution Channel , “Region and Segment Forecast, 2023 – 2030” report added of ResearchAndMarkets.com Recruitment.
The global anti-wrinkle products market size is estimated to reach USD 21.62 billion by 2030. The market is expected to expand at a CAGR of 8.9% from 2023 to 2030.
A growing aging population, longer life expectancy, a revitalized beauty industry, media influencers spreading beauty standards, and growing awareness of age are factors driving the growth of the industry.
Vitamin C active ingredients segment dominated the industry in 2022. The antioxidant properties of these ingredients, combined with their whitening benefits, safety profile, and ability to promote collagen production, facilitate their use in anti-wrinkle products. Various studies and clinical trials supporting the efficacy of the ingredients have made it popular among consumers.
The cream products segment accounted for the highest share of overall 2022 revenue. Creams are thicker and more emollient and are a preferred product type among consumers. The supermarket and hypermarket distribution channel sector accounted for the largest share of total revenue in 2022.
The convenience offered by such facilities in terms of brand selection and product diversity as well as low price points, accessibility and promotions are driving customers to these distribution channels. The Asia-Pacific market accounted for the dominant share of total revenue in 2022. The region is projected to further expand with the fastest growth rate during the forecast period.
Anti-Wrinkle Products Market Report Highlights
Growing awareness of the importance of maintaining healthy skin is a key factor driving the global industry
Asia Pacific is one of the most attractive markets for expanding skincare industry, including the anti-wrinkle products market.
Increasing penetration of beauty products in the region, rising disposable income levels, and various media channels promoting anti-aging products are driving growth in the region.
Additionally, there are countries in the Asia-Pacific region, such as Japan and South Korea, where beauty and skin care are considered an integral part of daily life.
The demand for anti-wrinkle creams is also driven by an aging population and an increase in consumers investing in beauty products that help reduce the signs of aging.
Supermarket and hypermarket distribution channel sectors to dominate global industry in 2022
number of pages
2022 Estimated Market Value (USD)
Projected market value (USD) to 2030
compound annual growth rate
Main topics covered:
Chapter 1 Methodology and Scope
Chapter 2 Abstract
Chapter 3 Market variables, trends and scope of anti-wrinkle products
3.1 Market introduction
3.2 Mapping penetration and growth prospects
3.3 Value chain analysis
3.3.1 Sales/Retail Channel Analysis
3.3.2 Profit Margin Analysis
3.4 Market trends
3.4.1 Analysis of Market Drivers
18.104.22.168 Growing Concerns about Aging Consumers
22.214.171.124 Increased Penetration of Natural/Organic/Herbal Anti-Wrinkle Products
3.4.2 Analysis of Market Constraints
126.96.36.199 Prevalence of counterfeit goods
3.4.3 Analysis of Market Issues
3.4.4 Market Opportunity Analysis
3.5 Business environment analysis
3.5.1 Industry Analysis: Porter’s Five Forces
3.6 Anti-wrinkle Products Market Roadmap
3.7 Market entry strategy
3.8 Impact of COVID-19 on anti-wrinkle product market
Chapter 4 Consumer Behavior Analysis
Chapter 5 Anti-wrinkle Products Market: Product Analysis and Estimation
5.1 Product Analysis and Market Share, 2022 and 2030
Chapter 6 Anti-wrinkle Products Market: Analysis and Estimation of Active Ingredients
6.1 Active Ingredient Analysis and Market Share, 2022 and 2030
6.2.3 Retinoic acid
6.4 Vitamin C
6.5 Hydroxy acids
6.6 Glycolic acid
6.7 Citric acid
6.8 Lactic Acid
6.9 Coenzyme Q10
6.11 Tea extract
6.12 Grape seed extract
Chapter 7 Anti-wrinkle Products Market: Distribution Channel Analysis and Estimation
7.1 Distribution Channel Analysis and Market Share, 2022 and 2030
7.2 Supermarkets and hypermarkets
7.3 Specialty stores
7.4 Pharmacies and Drugstores
Chapter 8 Anti-wrinkle Products Market: Estimation and Trend Analysis by Region
Chapter 9 The Competition and Vendor Landscape
Chapter 10 Company Profile
RoC skin care
No7 Beauty Company (Walgreen Boots)
La Roche Posay Laboratoire Dermatology
REN clean skin care
Clinique Laboratories LLC
Shiseido Co., Ltd.
The Estée Lauder Companies Inc.
Kiehl’s since 1851
Origins Natural Resources Co., Ltd.
For more information on this report, please visit https://www.researchandmarkets.com/r/eeny8j.
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