Anti Aging Services Market Size, Share, Growth | Forecast 2031

Segments - Anti-aging Services Market by Types (Microdermabrasion, Breast Augmentation, Liposuction, Chemical Peel, Sclerotherapy, Intense Pulsed Light, Botox, Dermal Fillers, and Others), Demographics (Baby Boomers, Generation X, and Generation Y), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031

Author : Debadatta Patel

Fact-checked by : PARTHA PAUL

Editor : Shruti Bhat

Report Description

Anti-aging Services Market Outlook 2031:

The global anti-aging services market size was valued at USD 13.05 Billion in 2022 and is projected to reach USD 22.24 Billion by 2031, expanding at a CAGR of 6.1% during the forecast period 2023 - 2031. The growth of the market is attributed to the most of the market's consumer base has become social media savvy, interest in anti-aging treatments has grown.

Age is an unavoidable and ongoing process. Our bodies stop generating collagen and elastin as we age (collagen and elastin allows our skin to stretch). Apart from natural aging, our skin ages prematurely owing to a variety of causes such as dietary inadequacies, obesity, stress, smoking, alcohol consumption, excessive sun exposure, drug responses, and so on. Fine lines, wrinkles, folds, loss of volume, elasticity, dryness, sagging skin, eye pouches, skin becoming sensitive, a rise in the amount of age spots, freckles, and moles are all signs of aging.

The sebaceous glands produce less oil as people age, and bodily tissues degenerate, resulting in dryness, itching, and wrinkles on the skin. Women who have entered menopause may notice a decrease in oil production by the sebaceous gland. Anti-aging treatments can help decrease the appearance of fine lines and wrinkles while also improving the texture of the skin. Anti-aging therapies can boost a person's confidence by giving them a younger-looking complexion.

Anti-aging services are those that help to prevent or slow down the aging process. These treatments help to reduce wrinkles, moisturize the skin, and brighten the complexion. Anti-ageing therapy is a method of slowing or stopping the aging process. There are a variety of surgical and non-surgical therapies available to help fight the effects of aging. Excessive sun exposure can cause skin damage and is responsible for the majority of apparent skin aging.

In addition to photo-ageing, prolonged exposure to the sun without the use of sunscreen can cause skin cancer and damage. There is no one-size-fits-all therapy for all skin problems that will provide the same results on everyone. A dermatologist can decide the best technique for you and whether you require a mix of treatments.

Expression lines and wrinkles, loss of fat volume, loss of bone structure, gravity, and other factors all contribute to the aging process. The worst culprit is sun damage. There are procedures that can smooth and tighten the skin, as well as enhance volume and reduce wrinkles. A non-surgical technique, on the other hand, will provide you the same lifting benefits as surgery while also making you seem younger and more revitalized.

Injectables, Botulinum toxin, Liquid facelift, Face-melting, Chemical peel, Dermal rolling, Microdermabrasion, and Lasers are among the treatments available. Different surgical techniques, such as a conventional facelift, a minimal incision facelift, and a neck lift, are available depending on the number of improvements a patient wants to see.

Anti-aging Services Market Trends, Drivers, Restraints, and Opportunities

Increasing demand for anti-aging skincare treatments around the world is key factor boosting the anti-aging services market growth during the forecast period.
Increasing technological developments in the beauty industry around the world is anticipated to drive the market growth during the forecast period.
Increasing entries of new entrants in the markets such as Asia Pacific due to improved living standards is expected to fuel the anti-aging services market growth in the coming years.
Rising consumer incomes, changing lifestyles, and increasing consumer awareness is anticipated to boost the market growth during the forecast period.
High cost of products and adverse side effects of the products are projected to hamper the market growth during the forecast period.
Stringent regulations by authorities presents as key challenge that can hinder the anti-aging services market growth during the forecast period.
Increased focus on R&D activities for new product & therapy development and technological advancements are estimated to create lucrative opportunities for the market players.

Scope of Anti-aging Services Market Report

The report on the global anti-aging services market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Anti-aging Services Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016 – 2021
Forecast Period	2023 – 2031
Segmentation	Types (Microdermabrasion, Breast Augmentation, Liposuction, Chemical Peel, Sclerotherapy, Intense Pulsed Light, Botox, Dermal Fillers, and Others), Demographics (Baby Boomers, Generation X, and Generation Y)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Allergan, Inc.; Beiersdorf AG; Cynosure; Lumenis; Solta Medical, Inc.; Procter & Gamble; Estee Lauder, Inc.; Elizabeth Arden

Anti-aging Services Market Segment Insights

Liposuction segment is expected to account for a key share

Based on types, the anti-aging services market share is segmented into microdermabrasion, breast augmentation, liposuction, chemical peel, sclerotherapy, intense pulsed light, Botox, dermal fillers, and others.

The liposuction segment is expected to account for a key share of the market during the forecast period due to the increased influence of social media. The segment is increasing as a result of technological advances and increased awareness of the treatments.

On the other hand, the Botox segment is anticipated to expand at a rapid pace during the forecast period owing to its safety and effectiveness. In a clinical study, higher dosages were found to be well tolerated and safe in all of the patients tested during clinical studies. Botox and other dermal fillers are expected to be the most prominent non-invasive anti-aging therapies for the forecast period.

Generation X segment is expected to constitute a key share

Based on demographics, the anti-aging services market share is segmented into baby boomers, generation X, and generation Y. The generation X segment is expected to constitute a key share of the market during the forecast period owing to increased focus on physical appearance along with increased disposable incomes.

On the other hand, the generation Y segment is anticipated to expand at a rapid pace during the forecast period due to increasing preference for premium skincare brands. Millennials make up the majority of the population, and they are more aware of well-known premium brands like Estée Lauder and Elizabeth Arden.

North America is anticipated to dominate

On the basis of regions, the anti-aging services market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to aging population, particularly generation Y, who are more interested with aesthetics, wellbeing, and physical appearance.

On the other hand, Asia Pacific is expected to exhibit a rapid growth rate in the coming years due to a large pool of customers willing to invest more in anti-aging skincare. Furthermore, due to increased customer demand, the presence of prestige and ultra-prestige anti-aging skincare brands in the region has grown.

Segments

The global anti-aging services market has been segmented on the basis of

Types

Microdermabrasion
Breast Augmentation
Liposuction
Chemical Peel
Sclerotherapy
Intense Pulsed Light (IPL)
Botox
Dermal Fillers
Others

Demographics

Baby Boomers
Generation X
Generation Y

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Allergan, Inc.
Beiersdorf AG
Cynosure
Lumenis
Solta Medical, Inc.
Procter & Gamble
Estee Lauder, Inc.
Elizabeth Arden

Competitive Landscape

Key players competing in the anti-aging services market include/are Allergan, Inc.; Beiersdorf AG; Cynosure; Lumenis; Solta Medical, Inc.; Procter & Gamble; Estee Lauder, Inc.; and Elizabeth Arden.

The market is very fragmented and competitive. Customer tastes and industry trends vary swiftly, causing market dynamics to shift quickly. Brand strength, pricing structure, product assortments, availability, product efficacy, perceived value, value-added customer services, social media presence, advertising, new product introductions, and other promotional activities are all factors that drive fierce competition between companies in this market.

Some of the firms are far larger, more diverse, and have more marketing and financial resources than others. Some of the key business strategies employed by companies includes mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Anti-aging Services Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Anti-aging Services Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Anti-aging Services Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Anti-aging Services Market - Supply Chain
  4.5. Global Anti-aging Services Market Forecast
     4.5.1. Anti-aging Services Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Anti-aging Services Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Anti-aging Services Market Absolute $ Opportunity
5. Global Anti-aging Services Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Anti-aging Services Market Size and Volume Forecast by Types
     5.3.1. Microdermabrasion
     5.3.2. Breast Augmentation
     5.3.3. Liposuction
     5.3.4. Chemical Peel
     5.3.5. Sclerotherapy
     5.3.6. Intense Pulsed Light (IPL)
     5.3.7. Botox
     5.3.8. Dermal Fillers
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Anti-aging Services Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Anti-aging Services Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Anti-aging Services Demand Share Forecast, 2019-2026
7. North America Anti-aging Services Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Anti-aging Services Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Anti-aging Services Market Size and Volume Forecast by Types
     7.4.1. Microdermabrasion
     7.4.2. Breast Augmentation
     7.4.3. Liposuction
     7.4.4. Chemical Peel
     7.4.5. Sclerotherapy
     7.4.6. Intense Pulsed Light (IPL)
     7.4.7. Botox
     7.4.8. Dermal Fillers
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Anti-aging Services Demand Share Forecast, 2019-2026
8. Latin America Anti-aging Services Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Anti-aging Services Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Anti-aging Services Market Size and Volume Forecast by Types
     8.4.1. Microdermabrasion
     8.4.2. Breast Augmentation
     8.4.3. Liposuction
     8.4.4. Chemical Peel
     8.4.5. Sclerotherapy
     8.4.6. Intense Pulsed Light (IPL)
     8.4.7. Botox
     8.4.8. Dermal Fillers
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Anti-aging Services Demand Share Forecast, 2019-2026
9. Europe Anti-aging Services Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Anti-aging Services Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Anti-aging Services Market Size and Volume Forecast by Types
     9.4.1. Microdermabrasion
     9.4.2. Breast Augmentation
     9.4.3. Liposuction
     9.4.4. Chemical Peel
     9.4.5. Sclerotherapy
     9.4.6. Intense Pulsed Light (IPL)
     9.4.7. Botox
     9.4.8. Dermal Fillers
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Anti-aging Services Demand Share Forecast, 2019-2026
10. Asia Pacific Anti-aging Services Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Anti-aging Services Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Anti-aging Services Market Size and Volume Forecast by Types
     10.4.1. Microdermabrasion
     10.4.2. Breast Augmentation
     10.4.3. Liposuction
     10.4.4. Chemical Peel
     10.4.5. Sclerotherapy
     10.4.6. Intense Pulsed Light (IPL)
     10.4.7. Botox
     10.4.8. Dermal Fillers
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Anti-aging Services Demand Share Forecast, 2019-2026
11. Middle East & Africa Anti-aging Services Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Anti-aging Services Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Anti-aging Services Market Size and Volume Forecast by Types
     11.4.1. Microdermabrasion
     11.4.2. Breast Augmentation
     11.4.3. Liposuction
     11.4.4. Chemical Peel
     11.4.5. Sclerotherapy
     11.4.6. Intense Pulsed Light (IPL)
     11.4.7. Botox
     11.4.8. Dermal Fillers
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Anti-aging Services Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Anti-aging Services Market: Market Share Analysis
  12.2. Anti-aging Services Distributors and Customers
  12.3. Anti-aging Services Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Allergan, Inc.
     12.4.2. Beiersdorf AG
     12.4.3. Cynosure
     12.4.4. Lumenis
     12.4.5. Solta Medical, Inc.
     12.4.6. Procter & Gamble
     12.4.7. Estee Lauder, Inc.
     12.4.8. Elizabeth Arden