Global Anti-Wrinkle Product Market Report Size, Trends & Growth Opportunity, By Active Ingredients (Retinoids, Niacinamide, Vitamin C (Ascorbic Acid), Hydroxy Acids, Glycolic Acid, Citric Acid, Lactic Acid, Coenzyme Q10, Peptides, Tea Extracts, Grape Seed Extracts, Others) , By Product Channel (Cream, Oil, Lotion, Serum, Gel, Others ) , By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Pharmacies & Drugstores, Online), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) And Forecast Till 2027.
Global Anti-Wrinkle Product
The global anti-wrinkle products market was valued at USD 9.38 Billion in 2021 and is estimated to be 17.54 billion growing at a CAGR of 8.52% from 2022 to 2027.
Anti-wrinkle products are becoming popular because they contain formulations that help slow the ageing process. Lack of essential nutrients in the body, long-term exposure to UV light and pollution, smoking, dehydration, and drugs, as well as genetic predisposition, are all major causes of wrinkles.
Consumer preference for organic and natural products has recently shifted due to a growing preference for plant-based alternatives.
Market Drivers
Product demand is anticipated to increase over the course of the forecast period as consumer awareness of age-related skin issues, such as fine lines, wrinkles, and dullness of skin, as well as a growing predisposition to spend on products that maintain a young appearance, both rises.
In addition, it is anticipated that technical developments in the cosmetics sector and the growing older population worldwide will be significant drivers of the industry's expansion.
Market Restraints
The global market is restrained by the side effects of chemical-based anti-wrinkle creams and the cost of raw materials required to manufacture anti-wrinkle products.
Market Segmentation
The Global Anti-Wrinkle Product Market is segmented into 4 Categories Based Active Ingredients, the market is segmented into Retinoids, Niacinamide, Vitamin C (Ascorbic Acid), Hydroxy Acids, Glycolic Acid, Citric Acid, Lactic Acid, Coenzyme Q10, Peptides, Tea Extracts, Grape Seed Extracts, Others. Based on Product Channel, the market is divided into Cream, Oil, Lotion, Serum, Gel, Others . Based on By Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Specialty Stores, Pharmacies & Drugstores, Online. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & South Africa.
Regional Analysis
In 2022, Asia Pacific will lead the industry with a revenue share of more than 37%. The region is expected to grow at the fastest rate in the forecast years, maintaining its leading position. North America has also emerged as a major market for anti-aging products. Product sales in the region have increased due to high per capita income, improved living conditions, and the easy availability of innovative products via online and offline distribution channels. Technological advancements, the growing influence of social media, and rising personal appearance consciousness are also driving regional expansion. Product demand in the region has also increased due to the increased popularity of non-invasive cosmetic procedures.
Anti-wrinkle products are in high demand in Europe, as consumers become more concerned with their overall appearance. The ageing population is a significant consumer group that drives product demand. Consumers in the region prefer high-quality, effective products that can aid in the reduction of fine lines and wrinkles. Furthermore, the growing aversion to non-invasive cosmetic procedures such as dermal fillers and botox injections has fueled product demand in Europe. Several European consumers prefer products that will help them look younger without requiring surgical procedures. Lancôme Miracle Crème and Olay Regenerist are two popular anti-wrinkle creams in Europe. The easy availability of products in retail and drug stores also contributes to the region's growth.
Market Key Players
Some of the Key Players in the Anti-Wrinkle Product Market are L'Oréal Groupe, Olay, CeraVe, Neutrogena, RoC Skincare, POND'S, Life Extension, Vichy Laboratoires, REN Clean Skincare, and Galderma S.A.
Industry Developments
The global market is highly fragmented, with new brands appearing on a regular basis. The industry is dominated by several titans as well as medium-sized businesses. To gain a competitive advantage over others, these companies employ various strategies such as mergers and acquisitions and new product launches. For example, REN Clean Skincare released Boost+Protect Perfect Canvas Smooth, Prep & Plump Essence in January 2023. This product contains a bioactive that hydrates the skin.
Market Taxonomy
Active Ingredients
• Retinoids
• Niacinamide
• Vitamin C (Ascorbic Acid)
• Hydroxy Acids
• Glycolic Acid
• Citric Acid
• Lactic Acid
• Coenzyme Q10
• Peptides
• Tea Extracts
• Grape Seed Extracts
• Others
Product Channel
• Cream
• Oil
• Lotion
• Serum
• Gel
• Others
Distribution Channel
• Supermarkets & Hypermarkets
• Specialty Stores
• Pharmacies & Drugstores
• Online
Regional Outlook
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and South Africa
Global Anti-Wrinkle Product Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Anti-Wrinkle Product Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Anti-Wrinkle Product Market, By Active Ingredient
5.1 Y-o-Y Growth Comparison, By Active Ingredient
5.2 Anti-Wrinkle Product Market Share Analysis, By Active Ingredient
5.3 Anti-Wrinkle Product Market Size and Forecast, By Active Ingredient
5.3.1 Retinoids
5.3.2 Niacinamide
5.3.3 Vitamin C (Ascorbic Acid)
5.3.4 Hydroxy Acids
5.3.5 Glycolic Acid
5.3.6 Citric Acid
5.3.7 Lactic Acid
5.3.8 Coenzyme Q10
5.3.9 Peptides
5.3.10 Tea Extracts
5.3.11 Grape Seed Extracts
5.3.12 Others
6 Anti-Wrinkle Product Market, By Product Channel
6.1 Y-o-Y Growth Comparison, By Product Channel
6.2 Anti-Wrinkle Product Market Share Analysis, By Product Channel
6.3 Anti-Wrinkle Product Market Size and Forecast, By Product Channel
6.3.1 Cream
6.3.2 Oil
6.3.3 Lotion
6.3.4 Serum
6.3.5 Gel
6.3.6 Others
7 Anti-Wrinkle Product Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Anti-Wrinkle Product Market Share Analysis, By Distribution Channel
7.3 Anti-Wrinkle Product Market Size and Forecast, By Distribution Channel
7.3.1 Supermarkets & Hypermarkets
7.3.2 Speciality Stores
7.3.3 Pharmacies & Drugstores
7.3.4 Online
8 Anti-Wrinkle Product Market, By Region
8.1 Anti-Wrinkle Product Market Share Analysis, By Region
8.2 Anti-Wrinkle Product Market Share Analysis, By Region
8.3 Anti-Wrinkle Product Market Size and Forecast, By Region
9 North America Anti-Wrinkle Product Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Anti-Wrinkle Product Market Share Analysis, By Active Ingredient
9.3 North America Anti-Wrinkle Product Market Size and Forecast, By Product Channel
9.4 North America Anti-Wrinkle Product Market Size and Forecast, By Distribution Channel
9.5 North America Anti-Wrinkle Product Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Anti-Wrinkle Product Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Anti-Wrinkle Product Market Share Analysis, By Active Ingredient
10.3 Europe Anti-Wrinkle Product Market Size and Forecast, By Product Channel
10.4 Europe Anti-Wrinkle Product Market Size and Forecast, By Distribution Channel
10.5 Europe Anti-Wrinkle Product Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Anti-Wrinkle Product Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Anti-Wrinkle Product Market Share Analysis, By Active Ingredient
11.3 Asia Pacific Anti-Wrinkle Product Market Size and Forecast, By Product Channel
11.4 Asia Pacific Anti-Wrinkle Product Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Anti-Wrinkle Product Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Anti-Wrinkle Product Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Anti-Wrinkle Product Market Share Analysis, By Active Ingredient
12.3 Latin America Anti-Wrinkle Product Market Size and Forecast, By Product Channel
12.4 Latin America Anti-Wrinkle Product Market Size and Forecast, By Distribution Channel
12.4 Latin America Anti-Wrinkle Product Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Anti-Wrinkle Product Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Anti-Wrinkle Product Market Share Analysis, By Active Ingredient
13.3 Middle East Anti-Wrinkle Product Market Size and Forecast, By Product Channel
13.4 Middle East Anti-Wrinkle Product Market Size and Forecast, By Distribution Channel
13.5 Middle East Anti-Wrinkle Product Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 L'Oréal Groupe
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Olay
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 CeraVe
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Neutrogena
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 RoC Skincare
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 POND'S
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Life Extension
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Vichy Laboratoires
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 REN Clean Skincare
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Galderma S.A
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
