Global Anti-wrinkle Products Market - 2023-2030

Market Overview

The Global Anti-wrinkle Products Market size reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 7.54% during the forecast period (2023-2030).

Anti-wrinkle products consist of various types such as creams, oil, lotion, serum, gel, and others. Anti-wrinkle creams are becoming more popular since they have ingredients that slow down the aging process. Major contributing factors to wrinkles include a deficiency of vital nutrients, prolonged exposure to UV radiation and pollution, smoking, dehydration and drug use, as well as a genetic tendency. An increase in the consumer demand for plant-based, natural, organic skin products helps to boost the market growth in the forecast period. An increase in the natural beauty trend among consumers helps to boost the market growth in the forecast period.

Market Dynamics

The growing innovations in the anti-wrinkle products

Companies focus on various strategies, such as M&As and new product launches, to gain a competitive edge over others. For instance, Noble Panacea found an absolute collection of restoring eye creams that is a Nobel Prize winner. His study has led to the development of revolutionary skincare technology known as Organic Molecular Vessels, which has been decades in the making. (OMV). OMV is designed to deliver active chemicals to skin cells with astonishing accuracy, preventing and treating aging symptoms while maintaining potency and freshness. Orpheus found a resurrection all-in-one serum. The rare Orpheus flower, which is only found in small patches in Greece and Bulgaria, is said to be able to recover to a lush green state with just one drop of water after enduring full dryness for up to 31 months. To create their proprietary Orpheus Flower Cell Peptide Complex, the astute founder of Orpheus Skincare, Sara Kyurkchieva, centered her two flagship products, Resurrection All-In-One Serum and Resurrection Bio-Luminous Dewy Essence, around this miraculous flower using plant stem cell science and sustainable biotechnology. This concentrated triple shot of antioxidant-rich flower extracts, potent peptides, and plant stem cells works together to boost natural collagen.

The growing rate of personal care trends among consumers

Some of the factors causing skin wrinkles problems such as old age, pollution, unhealthy habits, and busy hectic lifestyle are responsible for the growth of the anti-wrinkle products market. The major key players are focusing on manufacturing natural skin care products. The increase in the consumer demand for organic skin care products helps to boost the market growth. Moreover, an increase in the availability of personal care products in various outlets such as salons, spas, retail stores, and online shops also helps to increase demand for personal care products.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global anti-wrinkle products market is segmented based on product type, active ingredients, distribution channel, end user and region.

Owing to the increasing product launches with active ingredients like vitamin C, the segment is expected to grow

In the active ingredients segment, vitamin C accounted largest market share due to its positive effect on the skin and the increase in product launches with vitamin C content in the market. Vitamin C has various benefits for the skin such as it promotes collagen production and protecting skin from the sun damage. It is safe for all skin types. It provides hydration and bright skin. It helps to reduce hyperpigmentation and reduce the appearance of under-eye circles. Vitamin C also helps to prevent sagging. An increase in product launches by major key players helps to boost segment growth in the forecast period. For instance, NeoStrata Company, Inc launched Vitamin C + Antiaging Booster in the market. Pure vitamin C has anti-aging properties since it is necessary for the production of collagen, which firms skin and reduces wrinkles. In addition to shielding skin from aging free radicals, vitamin C helps skin regain radiance.

Ggeographical Analysis

The strong presence of major players and increased awareness about the use of skincare products

North American region accounted largest market share due to the increase in disposable income of the consumers. The United States and Canada are major shareholding countries in the region due to the increase in the awareness of using anti-wrinkle products. The personal care business in the US has been expanding quickly in the forecast period. Over time, consumers in the nation have seen an increase in their average yearly spending on personal and beauty care items, which is fueling the market's expansion there. The demand for anti-wrinkle products in the United States has grown significantly over time as a result of many cosmetic companies abandoning traditional advertising in favor of leveraging well-known celebrities and influencers to advertise their goods to target groups. These factors help to boost the market growth in the forecast period.

Competitive Landscape

The major global players include L'Oreal Groupe, Olay, CeraVe, Neutrogena, RoC Skincare, POND'S, Galderma S.A., The Estee Lauder Companies Inc., Life Extension, and Vichy Laboratoires.

Why Purchase the Report?

• To visualize the global anti-wrinkle products market segmentation based on product type, active ingredients, distribution channel, end user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of anti-wrinkle products market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global anti-wrinkle products market report would provide approximately 69 tables, 91 figures and 195 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies