According to a new report, published by KBV research, The Global Anti-wrinkle Products Market size is expected to reach $16 billion by 2028, rising at a market growth of 8.6% CAGR during the forecast period.
The Oil segment is showcasing a CAGR of 8.9% during (2022 - 2028). Ginger extract, coconut oil, and vitamin E are all naturally occurring substances with considerable beneficial effects on human skin. Both ginger extract and coconut oil contain phytochemicals with anti-oxidant and antimicrobial capabilities, enhancing the product's value. Its anti-ageing and antioxidant-rich oil is efficient against bacteria and fungi, two of the most potent organisms responsible for human skin illnesses.
The Vitamin C segment acquired maximum revenue share in the Global Anti-wrinkle Products Market by Active Ingredients in 2021 thereby, achieving a market value of $3.2 billion by 2028. Vitamin C is a potent antioxidant that stimulates collagen formation, enhances skin firmness, and diminishes the wrinkles that appear. Several anti-wrinkle solutions use vitamin C as an active ingredient industry leader use. For example, vitamin C eye serum improves dark circles under the eyes and reduces indications of ageing.
The Online segment has shown the growth rate of 8.8% during (2022 - 2028). There are several advantages to utilizing an online platform, including the availability of products from numerous companies and price reductions. Increasing social media and internet platforms, including Instagram and YouTube, also contribute to segment expansion. Many of the population rely on social media influencers for skin care product recommendations and further information. Furthermore, the segment's expansion will be driven by the increasing popularity of online shopping.
The Asia Pacific market dominated the Global Anti-wrinkle Products Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5.8 billion by 2028. The Europe market is exhibiting a CAGR of 7.9% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 8.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/anti-wrinkle-products-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of L'Oreal Group, Shiseido Company Limited, The Procter and Gamble Company (Olay), Unilever PLC (Ren Clean Skincare), The Estée Lauder Companies, Inc., Johnson & Johnson (Neutrogena), Galderma S.A., Life Extension Foundation Buyers Club, Inc., RoC Opco LLC (Gryphon Investors) and Clarins Group SA.
By Type
By Active Ingredients
By Distribution Channel
By Geography
Companies Profiled