Summary:
- The global anti-aging market size reached US$ 71.6 Billion in 2023.
- The market is expected to reach US$ 120.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.
- France leads the market, accounting for the largest anti-aging market share.
- Based on the demography, the market has been divided into age group, gender, and income.
- The skin care industry holds the largest share in the anti-aging industry, due to the rise of skincare routines as essential self-care practices.
- Sunscreen products remain a dominant segment in the market, owing to the growing awareness about the harmful effects of sun damage.
- Microdermabrasion devices represents the leading device and technology segment, due to their effectiveness in reducing wrinkles, fine lines, and other aging signs.
- The rising geriatric population across the globe is a primary driver of the anti-aging market.
- Technological advancements and the introduction of high-tech skincare devices are reshaping the global anti-aging market.