Description
Increasing
number of geriatric population yearning for greater appearance is one of the
major factors that can drive demand for anti-aging products. Aging of a body is
related to several biological processes affecting it internally and externally.
Anti-aging products are likely to reduce the impact of such biological
processes on fitness and beauty of a human body
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New Anti-aging Cream to Alleviate Skin
Wrinkles in 24 Hours
Major
product variants of anti-aging are skin care products and hair care products.
The skin care product segment is likely to emerge as the dominating segment in
the coming years owing to increasing demand for natural and organic products
from consumers. One of the popular products in this segment is creams, which
are likely to reduce wrinkles, fine lines, and dark circles. Growing demand for
healthy skin among geriatric population can widen scope for skin-care products.
Considering
the rising demand, most manufacturing companies are likely to invest heavily in
R&D activities to create effective skin-care products for its consumers.
For instance, Snowden healthcare recently launched a new anti-aging cream that
can reduce wrinkles within 24 hours. This cream is aimed to hydrate and plump
the skin area to which it is applied. Proper hydration of skin can help reduce
the wrinkles.
Market Overview
The
global anti-aging market is anticipated to display high volume by 2022,
according to a report on Radiant Insights, Inc. It is predicted to showcase a
stable CAGR during the forecast period (2017 to 2022) due to rising demand for
natural and value-added products. Strict government regulations to create safe
and efficient products to retard the aging process can impel market growth in
the coming years. In addition, growing health-and-beauty awareness and
increasing adoption of a sedentary lifestyle are likely to fuel market growth
in the forthcoming years
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Some
of the prominent companies operating in the market for anti-aging products are
Personal Microderm; Cynosure Inc.; L’Oreal; Allergan Inc.; and Alma Lasers Ltd
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