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Beauty Industry, Market Research

Anti-Aging Products Market to Hit $60 Billion by 2030

The market will grow at a CAGR of 5.6% from 2022 to 2023, says ResearchAndMarkets.

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By: Charlie Sternberg

Associate Editor

According to a recent report from ResearchAndMarkets, the global market for Anti-Aging Products (estimated at $38.9 billion in 2022) is projected to reach a revised size of $60 billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030.
 
Anti-Wrinkle Products, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach $24.9 billion by the end of the analysis period. Growth in the Anti-Pigmentation Products segment is estimated at 4.7% CAGR for the next 8-year period.

Top Geographic Markets

The Anti-Aging Products market in the U.S. is estimated at $13 billion in the year 2022.
 
Meanwhile, China, the world’s second largest economy, is forecast to reach a projected market size of $4.1 billion by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030.
 
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 5.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.
 
Find the full report.

Related Insights

Check out The Benchmarking Company’s infographic on how women feel about anti-aging skincare and haircare.

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