In 2020, the global anti-aging market was estimated to be worth about 58.5 billion U.S. dollars.
Then, how much money do people spend on anti-aging products?
The Anti-Aging Products market in the U.S. is estimated at US$11.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2027 trailing a CAGR of 7.2% over the analysis period 2020 to 2027.
Also question is, what does anti-aging cream do?
Anti-aging creams are predominantly moisturiser-based cosmeceutical skin care products marketed with the promise of making the consumer look younger by reducing, masking or preventing signs of skin aging.
Who is the target market of 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.
What is longevity industry?
The longevity industry is focused on the production of therapies that target mechanisms of aging. The goal is to slow the progression of aging by making metabolism more resistant to the damage that is present in old tissues, or, better, to produce rejuvenation in the old by repairing that damage.
At what age should I start using hyaluronic acid?
A good moisturizer, like hyaluronic acid, helps in getting rid of these lines without undergoing any intense treatment.” Priyanka adds, “The ageing process starts as early as 21, but the visible signs start appearing post 30. So I recommend starting anti-ageing products by 25.
Should I use anti-aging products in my 30?
Experts agree that skin starts to age around 20 years old, and recommend that you start the road to prevention early. “I recommend my patients to start incorporating anti-aging skin care products in their 20s and 30s, when our skin slowly starts to lose collagen,” says Y.
When should I use anti-aging serum?
Experts recommend the use of anti-aging products in as early as your 20s. After all, as the saying goes, prevention is better than cure. Using anti-aging products before signs become fully visible on your skin is an effective way to slow down the aging process and delay its onset.