(PharmaNewsWire.Com, April 18, 2024 ) As per Maximize Market research, the Anti-Wrinkle Products Market was USD 12.11 Billion in 2023 and is expected to grow at a CAGR of 6.4 percent over the forecast period to reach USD 19.11 Billion by 2030.
Anti-Wrinkle Products Market Report Scope and Research Methodology
The research methodology includes data collection from primary and secondary sources and market segmentation which is subjected to further analysis for the comprehensive study of the market. The raw data is gathered and analysed to derive future forecasts for the market. The anti-Wrinkle Products Market report provides an in-depth understanding of the market dynamics.
The aging global population and the growing influence of vanity and beauty awareness are the two major growth factors in the anti-wrinkle products sector. With a growing number of individuals realizing that skin care is not only about looking good but is also about emotional well-being, the demand for anti-wrinkle products has increased. Innovations in skincare technology bring about the introduction of new, more competent product alternatives that then feed growth.
Anti-Wrinkle Products Market Regional Analysis
Asia-Pacific region with a market share of around 38% has dominated the market for the year 2023. The increased demand for skincare products and cosmetics in these countries is linked to the widespread cases of skin problems like clogged pores, acne, UV rays, sunburns, melanoma, etc.
Cosmetics Market - The market is expected to reach USD 635.68 Bn. by 2030 at a CAGR of 5.25 percent.
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