The Global Anti Ageing Products Services And Devices Market is projected to reach around US$ 429.1 Bn by the end of 2030, in terms of revenue, growing at CAGR of 7.7% during the forecast period (2023-2030).
Market Trends
The growing popularity of liposuction procedures due to the influence of social media is estimated to stimulate the market growth of anti-ageing products, services, and devices. Moreover, the growing focus of people on enhancing their physical appearance along with the increasing disposable income of consumers is again expected to supplement the market growth of anti-ageing products, services, and devices. The growing penetration of new brands in the beauty care market is further projected to accelerate market growth.
Increasing consumption of anti-stretch mark products is one of the trends in the market. This is attributed to the increasing obesity coupled with the continuous launch of innovative anti-stretch mark products. Increasing research and development by key manufacturers to develop more advanced anti-ageing products in order to meet the growing demand is again expected to propel the market growth of anti-ageing products, services, and devices over the forecast period. For instance, in November 2020, Sof Wave Medical, a leading player, secured CE Mark for its next-generation Sofwave anti-ageing system, approved for use in the treatment of fine lines and wrinkles in the European Union.
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