The body is strong and resilient early in a person's existence, which makes it better at repairing damaged cells. With age, the body's ability to repair and replenish such cells weakens, resulting in cell death and, eventually, aging. Furthermore, unhealthy lifestyle choices such as smoking, overindulging in packaged foods, and excessive alcohol consumption lead to premature aging. Dark spots that appear more frequently with age, sagging skin, wrinkles, dullness, and uneven skin are all signs of aging. Anti-aging cosmetics and skin care products can assist to halt the aging process. Consumers' growing awareness of personal aesthetics is projected to be a primary element driving market expansion. In clinical trials, increasing product advancements, such as the addition of hyaluronic acid in anti-aging products, exhibited excellent antioxidant properties. Hyaluronic acid polymers are commonly used in anti-aging products. It penetrates the skin naturally by applying it to the diseased area without the need of botox or injection. Furthermore, in order to match consumer requests, numerous manufacturers are working on manufacturing new and unique items. One of the biggest obstacles to market expansion is consumers' growing preference for natural and organic items over cosmetics that contain chemicals. Another factor limiting market growth is customers' growing propensity for natural therapies that help delay the aging process, like honey and egg or yogurt packs.
The market for Anti-Ageing Products remains highly competitive due to presence of several small and large market players competing for market share.
Leading Companies in the Anti-Aging Products Industry:
1. Unilever
Unilever is a British multinational consumer goods company, It was founded in 1929 and headquartered in England, UK. It operates in more than 190 countries.
2. Revlon
Revlon is an American multinational company dealing in cosmetics, skin care, fragrance, and personal care. It was founded in 1932 and headquartered in New York City .It operates in more than 150 countries. TOP SPEED, Revlon's most premium brand in the hair color market, launched in February 2023, featuring a unique 5-minute color technology for simple application, as well as Mother of Pearl and Ginseng root extracts for lustrous and nourished hair.
3. Beiersdorf
Beiersdorf is a German multinational company that manufactures personal-care products and pressure-sensitive adhesives. It was founded in 1882 and headquartered in Hamburg, Germany .It operates in the research center in Hamburg (Germany) two large innovation centers in Shanghai (Mainland China) and the US as well as four development centers in Mexico, Brazil, India and Japan. Beiersdorf celebrated 25 years of Q10 Innovation Power in April 2023. In 1998, Beiersdorf introduced the first Q10-containing anti-aging products to the market.
4. Photomedex Inc
Photomedex Inc was founded in 1987 and headquartered in New York, United States. It has retail outlets across 55 countries.
5. Estee Lauder
Estee Lauder is an American multinational cosmetics company, founded in 1946 and headquartered in New York, U.S. It operates in more than 150 countries and territories. The 25th World Congress of Dermatology (WCD), to be held in Singapore from July 3–8, 2023, will be presented at by The Estée Lauder Companies Inc. in June 2023. In 5 poster presentations and a satellite symposium, ELC researchers from 3 brands and ELC Research & Development (R&D) will present novel clinical and preclinical findings that show scientific innovation and leadership in the fast-emerging fields of skin health and anti-aging at this international event, which happens every 4 years.
6. Johnson and Johnson
Johnson and Johnson is an American multinational corporation, founded in 1886 and headquartered in New Jersey, U.S. It operates in 60 countries.
7. Orlaneand L’oreal
Orlaneand L’oreal is a French personal care company, founded in 1909 and headquartered in Clichy, France. It operates in over 130 countries. L'Oréal unveiled an AI-powered digital skin test in February 2019. L'Oréal has created a digital skin diagnostic that leverages historical data and selfies to correctly assess aging skin and provide tailored skincare recommendations.
8. Avon Products
Avon Products is an American-British multinational cosmetics, skin care, fragrances and personal care company, founded in 1886 and headquartered in
London, United Kingdom. It operates in more than 70 countries. Protinol, a brand-new skincare innovation from Avon, will be clinically demonstrated in May 2021 to repair both forms of collagen found in healthy skin, helping to emulate the ideal collagen equilibrium found in infant skin, a never-before-seen outcome.
9. Lotus Herbals
Lotus Herbals was founded in 1993 and headquartered in Noida, India. It operates in more than 16 countries.
10. Clarins
Clarins is a family-run French multinational cosmetics company, founded in 1954 and headquartered in Paris, France. It operates in over 150 countries. A skincare collection based on Clarins' Precious Skin Age-Delaying Technology, a "inspired by plants" combination of ingredients combined with a natural anti-aging cryoextract extracted from the Moonlight Flower, was just presented in March 2023 during Paris Fashion Week.
Definition: Anti-aging creams are predominantly moisturizer-based skin care products marketed with unproven claims of making the consumer look younger by reducing, masking or preventing signs of skin aging. Anti-aging supplements are ingestible products promoted to diminish the effects of aging, including vitamin supplements, powders and teas.
