Anti-Aging Market will Grow due to Demand for Healthy Skin among Geriatric Population
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.
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.
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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.
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.
The report “Global and Chinese Anti-aging Industry, 2017 Market Research Report” is available now at https://www.radiantinsights.com/research/global-and-chinese-anti-aging-industry-2017
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