Dominique Petruzzi
Research expert covering Cosmetics, Personal Care, Health & Hygiene industries.
Get in touch with us nowValue of the global anti-aging market 2021-2027
The statistic shows the estimated size of the anti-aging market worldwide in 2021 and provides a forecast for 2022 to 2027. In 2021, the global anti-aging market was estimated to be worth about 62.6 billion U.S. dollars. The anti-aging market is estimated to see a compound annual growth rate (CAGR) of nearly seven percent between 2022 and 2027.
Anti-aging market – additional information
Society drives people in every way to look beautiful. They see it on television, in the movies, and in magazines. The social pressure associated with physical appearance is typically much greater for girls than boys in almost every society.
There is so much emphasis on a youthful appearance and the cosmetic industry is taking full advantage of this persona. For instance, the United States is a key market in the global cosmetic industry, generating an estimated revenue of approximately 48 billion U.S. dollars in 2021.
The leading cosmetic brand worldwide was L’Oréal, with a value of more than 11 billion U.S. dollars in 2022. One of its closest competitors, Gillette, had a brand value of about seven billion U.S. dollars. L’Oréal is a French cosmetics and beauty company. The company owns many popular brands and is one of the world’s largest cosmetics companies. L’Oréal announced that they have spent two decades studying skin cell biology to formulate an anti-aging and skin-changing product line that defies a laser. Many people today use creams to slow the aging process. Facial anti-aging skin care products are among the most popular skin care categories in the United States.
The global anti-aging market is expected to grow at a compound annual growth rate (CAGR) of around 6.7 percent between 2022 and 2027. With the market’s size amounting to some 63 billion U.S. dollars in 2021, it is projected to reach 93 billion U.S. dollars by 2027.
Anti-aging market – additional information
Society drives people in every way to look beautiful. They see it on television, in the movies, and in magazines. The social pressure associated with physical appearance is typically much greater for girls than boys in almost every society.
There is so much emphasis on a youthful appearance and the cosmetic industry is taking full advantage of this persona. For instance, the United States is a key market in the global cosmetic industry, generating an estimated revenue of approximately 48 billion U.S. dollars in 2021.
The leading cosmetic brand worldwide was L’Oréal, with a value of more than 11 billion U.S. dollars in 2022. One of its closest competitors, Gillette, had a brand value of about seven billion U.S. dollars. L’Oréal is a French cosmetics and beauty company. The company owns many popular brands and is one of the world’s largest cosmetics companies. L’Oréal announced that they have spent two decades studying skin cell biology to formulate an anti-aging and skin-changing product line that defies a laser. Many people today use creams to slow the aging process. Facial anti-aging skin care products are among the most popular skin care categories in the United States.
The global anti-aging market is expected to grow at a compound annual growth rate (CAGR) of around 6.7 percent between 2022 and 2027. With the market’s size amounting to some 63 billion U.S. dollars in 2021, it is projected to reach 93 billion U.S. dollars by 2027.
