The anti-aging market deals with products, services, and devices that are intended to provide anti-aging properties. The Asia Pacific anti-aging market generated a revenue of $XX billion in 2018 and is projected to reach $XX billion by 2027, at a CAGR of 8.25%. The base year considered for the market study is 2018 and the forecasted period is between 2019 and 2027.
The rising disposable income across the region is expected to drive the adoption of products and services in this market. Due to rising disposable income, people have increased their demand for luxury products, specifically the cosmetics. They are spending more on their wellness such as health, fitness, personal care, beauty & anti-aging alike. The countries like China, India, Japan, South Korea, Australia and the remaining countries banding together to form the Rest of Asia Pacific regional segment collectively are the major revenue contributors to the APAC market.
Alma Laser Inc. (acquired by Fosun Pharma), Lutronic Corporation, Solta Medical (Valeant Pharmaceuticals), Avon Products, Inc., Syneron Candela, Allergan Australia PTY Ltd., Photomedex, Inc. (acquired by Radiancy, Inc.), Cynosure (acquired by Hologic), Personal Microderm, Olay (acquired by Procter & Gamble), Coty Inc., Beiersdorf (acquired by Tchibo Holding AG), Lumenis Ltd. (acquired by Xio), L’or?al S.A., and Revlon are the major companies established in the market which have been profiled in the report.