MRO Magazine

Technavio Confirms Rise in Aging Population Worldwide Will Improve the Global Anti-aging Products Market Through 2019


September 15, 2015
By Business Wire News

LONDON

Technavio has published a new report on the global anti-aging products market,which is expected to grow at a CAGR of nearly 8% from 2015-2019.

About the Report

According to the latest report by Technavio, consumers, especially the aging population, are focusing on methods and products to maintain and improve their appearance and overcome any age-related skin or hair problems.

“Individuals born between 1946 and 1964 constitute a major percentage of the global aging population and accounted for a 75% share of the global anti-aging products market in 2014. The rise in the aging population is therefore expected to drive the growth of the market,” says Faisal Ghaus, Vice President of Technavio.

The latest report by Technavio also emphasizes the growing demand for incorporating natural and organic ingredients in anti-aging products.

“Organic products have little or no harmful effects, hence a number of key manufacturers are launching natural and organic products with an intention to capture greater market share,” adds Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the global anti-aging products market from 2015-2019. The report has taken into consideration revenue generated to calculate the market size. It also provides a vendor landscape, which includes lists of the key vendors and the other prominent vendors in the global anti-aging products market.

Key Information Covered in the Report:

  • Key Vendors:
    • Allergan
    • Beiersdorf
    • L’Oréal
  • Market Growth Drivers:
    • Rise in aging population worldwide
    • For a full detailed list, view our report.
  • Market Challenges:
    • Intense competition among vendors
    • For a full detailed list, view our report.
  • Market Trends:
    • Increasing demand for natural and organic ingredients
    • For a full detailed list, view our report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the skin care market:

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1-630-333-9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com