Asia-Pacific Anti Aging Market Outlook, 2028

The Asia Pacific Anti-Aging Market is expected to grow at more than 8.37% CAGR from 2023 to 2028 due to the surging popularity of anti-ageing products.

Featured Companies

  • 1. Procter & Gamble Co
  • 2. Kao Corporation
  • 3. Lotus Herbals Private Limited
  • 4. Johnson & Johnson,
  • 5. Henkel AG & Company, KGaA
  • 6. Unilever
  • More...

Aging is defined as a series of biochemical processes in the body caused by internal and external factors that lead to deterioration and affect a person's beauty, health, and overall eminence. Anti-aging products and services help to restore and maintain beauty, health, and overall well-being while also increasing longevity. Furthermore, the Asia-Pacific region is expected to grow the most of any region. The rising number of cosmetic surgeries, an ageing population, and increased consumer awareness are key factors driving market growth in the area. Because of its large population and changing lifestyle, Asia-Pacific is the most important anti-aging market. In addition, investment in R&D activities is increasing the market for anti-aging products. Moreover, Rising disposable incomes and changing consumer lifestyles are driving growth in the Asia Pacific region. More business opportunities are likely as the number of online retail platforms grows and health and fitness awareness grows. The increasing emphasis on corporate life and rising awareness of men's grooming, particularly among the youth, are expected to drive demand for cosmetics products, thereby driving demand for anti-aging ingredients in this region. Furthermore, the growing geriatric population and the rapid advancement of anti-aging products are the primary factors driving market growth. Furthermore, the growing demand among geriatric millennials for these products, which include rejuvenating beauty, health, and overall well-being, has accelerated the market. In addition, new product launches and innovative marketing strategies by Market Players are capturing consumer attention and extending market acceleration. According to the research report "Asia Pacific Anti-Aging Market Overview, 2028," published by Bonafide Research, the market is expected to grow at more than 8.37% CAGR from 2023 to 2028. The surging popularity of anti-ageing products has resulted in early adoption of the products even in the younger population, resulting in the expansion of the customer base of consumers to a younger audience, opening new growth opportunities for the market. Furthermore, the spreading popularity of minimally invasive and non-invasive treatments such as enhancement of skin, pigment reduction, and refurbishment of damage caused by UV rays is further accelerating market demand. Moreover, the Asia-Pacific region is becoming a popular destination for medical tourism, including anti-ageing treatments, due to the availability of high-quality healthcare facilities and lower costs. In addition, the adoption of unhealthy lifestyle habits such as smoking, alcohol consumption, and a poor diet is leading to premature ageing and an increased demand for anti-ageing products and services. Furthermore, the development of medical advancements, such as stem cell therapy and hormone replacement therapy, is also contributing to the growth of the anti-ageing market, as these treatments offer more advanced and effective solutions for ageing concerns. Moreover, the increasing demand for natural and organic ingredients in anti-ageing products is also driving the growth of the market, as consumers are becoming more health-conscious and environmentally aware.

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The anti-aging market is divided into two types: by product and by treatment. Among them, the treatment segment is expected have the highest market share at more than 50% in 2022. In many Asian cultures, youthfulness and beauty are highly valued, and there is a strong desire to maintain a youthful appearance as one age. This cultural emphasis on youthfulness is driving the demand for anti-ageing treatments in the region. In addition, based on treatment, the market is divided into adult acne therapy, anti-pigmentation, hair restoration, breast augmentation, liposuction, chemical peels, and others (radiofrequency treatment). The adult acne therapy segment is estimated to have the highest market share in 2022. Furthermore, acne is a common skin condition in the Asia-Pacific region, affecting both adolescents and adults. However, adult acne is more prevalent in the region due to factors such as pollution, stress, and lifestyle changes. As a result, there is a high demand for acne treatment among adults in the region. Furthermore, the popularity of K-Beauty, or Korean Beauty, has had a significant impact on the skincare industry in the Asia-Pacific region. K-Beauty places a strong emphasis on achieving clear, flawless skin, and many of the skincare products and treatments developed in Korea are targeted at adult acne. This has led to a growing demand for K-Beauty-inspired acne treatments in the region. The hair restoration segment has the highest CAGR during the forecast period. While surgical hair restoration options like hair transplants are still popular in the Asia-Pacific region, there is also a growing demand for non-surgical options such as hair loss medications, platelet-rich plasma (PRP) therapy, and low-level laser therapy. These non-surgical options are less invasive and can be more affordable than surgical options, making them more appealing to consumers. However, rejuvenation centres offer a range of anti-ageing treatments, including injectable, dermal fillers, and laser treatments, that require professional expertise to administer. Consumers in the Asia-Pacific region are willing to pay a premium for these treatments to be performed by trained professionals, which makes rejuvenation centres an attractive option. For instance, some of the leading rejuvenation centres in the Asia Pacific region include the Clifford Clinic, the Face Aesthetic Clinic, the Kowayo Aesthetic Clinic, the Dr. Lanzer Clinic, the Wellness Clinic, the Tokyo Garden Clinic, the Shonan Beauty Clinic, and more. In addition, Beauty salons and wellness centers tend to offer skin treatments at a more affordable price point than traditional medical clinics, making these treatments more accessible to a wider range of consumers. For instance, There are many beauty salons and wellness centers in Asia Pacific that offer skin treatments at an affordable price point like Strip, Spa Ceylon, Heyday, Flawless, My Cozy Room and more. On the other hand, anti-aging products had the highest CAGR during the forecast period. The market for anti-ageing products is constantly evolving, with new and innovative products being introduced. This includes products with advanced ingredients, such as peptides and stem cells, as well as those with unique delivery systems, such as microneedling patches and LED masks. These advancements in technology are driving the growth of the product segment. In addition, based on product type, the market is divided into anti-wrinkle, hair colour, ultraviolet (UV) absorption, anti-stretch mark, and others (retinoids, peptides, antioxidants, and exfoliants). With the rise in the ageing population, there is a growing awareness and concern about the signs of ageing, including wrinkles. Consumers in Asia-Pacific are becoming more conscious of their appearance and are willing to invest in anti-wrinkle products to maintain a youthful look. In addition, the anti-stretch mark segment is expected to have the highest CAGR during the forecast period. With the rise in the ageing population and changes in body shape due to factors such as pregnancy and weight gain or loss, there is a growing awareness and concern about stretch marks. Consumers in Asia Pacific are becoming more conscious of their appearance and are willing to invest in anti-stretch mark products to reduce the appearance of these marks.

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Manmayi Raval

Manmayi Raval

Research Consultant

Based on product type, distribution channel is divided into specialty stores, pharmacies and drug stores, hypermarkets and supermarkets, online, and others. Specialty stores are retail outlets that focus on a specific product category, such as beauty and skincare products. These stores offer a wide range of anti-ageing products and are staffed by knowledgeable sales associates who can provide advice and recommendations to customers. For instance, specialty stores in Asia-Pacific include Sephora, Watsons, and Guardian. In addition, the online channel is becoming increasingly important for the distribution of anti-ageing products in Asia and the Pacific. Online retailers offer a convenient and accessible way for consumers to purchase products from the comfort of their homes. For instance, online retailers in Asia Pacific include Lazada, Shopee, and Amazon. Based on demography, the market is divided into Generation X, Baby Boomers, Generation Y, and Generation Z. The Generation X demographic group includes people born between the mid-1960s and the early 1980s. They are typically aged between 40 and 55 and are entering middle age. Generation X is a significant market segment for anti-ageing products because they are starting to experience the visible signs of ageing, such as wrinkles and fine lines. They are also more likely to have disposable income and are willing to invest in anti-ageing products and treatments. In addition, Generation Y Also known as Millennials, this demographic group includes people born between the early 1980s and the mid-1990s, and they are now aged between 26 and 40 years old. This demographic group is increasingly interested in preventative skincare, such as using anti-ageing products to delay the visible signs of ageing. They are also more likely to be tech-savvy and use social media to research and purchase anti-ageing products. However, Baby Boomers are increasingly interested in non-invasive anti-ageing treatments such as facial rejuvenation, chemical peels, and laser therapies. These treatments are less painful and require less downtime than surgical procedures, making them a more attractive option for Baby Boomers who want to maintain a youthful appearance without undergoing surgery. Companies Mentioned in this Report: Unilever plc, L'Oréal S.A., The Estée Lauder Companies Inc., Beiersdorf AG, Shiseido Company Limited, Procter & Gamble, Candela Medical Corporation, Johnson & Johnson, Nu Skin Enterprises Inc., Pierre Fabre S.A., Amore Pacific, Henkel AG & Co. KGaA, Revlon Inc., Chanel Ltd, AbbVie Inc., Kao Corporation, Lotus Herbals Pvt Ltd., Natura&Co, Oriflame Cosmetics AG, Coty Inc

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Manmayi Raval

Considered in this report • Geography: Asia-Pacific • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Asia-Pacific Anti-Aging Market with its value and forecast along with its segments • Country-wise Anti-Aging market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report: • China • Japan • India • Australia • South Korea By Types • Product • Treatment By Product • Anti-Wrinkle • Hair Color • Ultraviolet (UV) Absorption • Anti-Stretch Mark • Others By Distribution channel • Specialty Store • Pharmacy & Drug Stores • Hypermarket & Supermarket • Online • Others By Treatment • Adult Acne Therapy • Anti Pigmentation • Hair Restoration • Breast Augmentation • Liposuction • Chemical Peel • Others By Distribution channel • Hospitals, Pharmacies, Drugstores • Dermatology Clinics • Rejuvenation Centers • Others By Demography • Generation X • Baby Boomers • Generation Y • Generation Z By end-user • Men • Women The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Anti-Aging industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Companies Mentioned

  • Procter & Gamble Co
  • Kao Corporation
  • Lotus Herbals Private Limited
  • Johnson & Johnson,
  • Henkel AG & Company, KGaA
  • Unilever
  • AbbVie Inc.
  • Nu Skin Enterprises, Inc.
  • Natura & Co.
  • L’Oreal
  • Estee Lauder
  • CHANEL (Chanel Limited)
  • Shiseido Co. Ltd.
  • Coty (Cottage Holdco B.V.) (JAB Cosmetics B.V. is the parent of Cottage Holdco B.V.)
  • Revlon Inc. (Elizabeth Arden is a subsidiary)
  • Beiersdorf Global AG
  • Oriflame Cosmetics AG
  • Amorepacific Corporation
  • Candela Medical Corporation
  • Pierre Fabre S.A.

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Research Methodology
  • 2.1. Secondary Research
  • 2.2. Primary Data Collection
  • 2.3. Market Formation & Validation
  • 2.4. Report Writing, Quality Check & Delivery
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Assumptions
  • 3.3. Limitations
  • 3.4. Abbreviations
  • 3.5. Sources
  • 3.6. Definitions
  • 4. Economic /Demographic Snapshot
  • 5. Competitive Landscape
  • 5.1. Competitive Dashboard
  • 5.2. Business Strategies Adopted by Key Players
  • 5.3. Key Players Market Positioning Matrix
  • 5.4. Consolidated SWOT Analysis of Key Players
  • 5.5. Porter's Five Forces
  • 6. Global Anti-Aging Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast, By Geography
  • 6.3. Market Size and Forecast, By Types
  • 6.4. Market Size and Forecast, By Demography
  • 6.5. Market Size and Forecast, By End user
  • 6.6. Global Anti-Aging Products Market Overview
  • 6.6.1. Market Size and Forecast, By Product Type
  • 6.6.2. Market Size and Forecast, By Distribution channel
  • 6.7. Global Anti-Aging Treatment Market Overview
  • 6.7.1. Market Size and Forecast, By Product Type
  • 6.7.2. Market Size and Forecast, By Distribution channel
  • 7. Asia-Pacific Anti-Aging Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share By Country
  • 7.3. Market Size and Forecast By Types
  • 7.4. Market Size and Forecast By Demography
  • 7.5. Market Size and Forecast By End user
  • 7.6. Asia-Pacific Anti-Aging Products Market Overview
  • 7.6.1. Market Size and Forecast By Product Type
  • 7.6.2. Market Size and Forecast By Distribution channel
  • 7.7. Asia-Pacific Anti-Aging Treatment Market Overview
  • 7.7.1. Market Size and Forecast By Product Type
  • 7.7.2. Market Size and Forecast By Distribution channel
  • 7.8. China Anti-Aging Market Outlook
  • 7.8.1. Market Size By Value
  • 7.8.2. Market Size and Forecast By Types
  • 7.8.3. Market Size and Forecast By Demography
  • 7.8.4. Market Size and Forecast By End user
  • 7.9. Japan Anti-Aging Market Outlook
  • 7.9.1. Market Size By Value
  • 7.9.2. Market Size and Forecast By Types
  • 7.9.3. Market Size and Forecast By Demography
  • 7.9.4. Market Size and Forecast By End user
  • 7.10. India Anti-Aging Market Outlook
  • 7.10.1. Market Size By Value
  • 7.10.2. Market Size and Forecast By Types
  • 7.10.3. Market Size and Forecast By Demography
  • 7.10.4. Market Size and Forecast By End user
  • 7.11. Australia Anti-Aging Market Outlook
  • 7.11.1. Market Size By Value
  • 7.11.2. Market Size and Forecast By Types
  • 7.11.3. Market Size and Forecast By Demography
  • 7.11.4. Market Size and Forecast By End user
  • 7.12. South Korea Anti-Aging Market Outlook
  • 7.12.1. Market Size By Value
  • 7.12.2. Market Size and Forecast By Types
  • 7.12.3. Market Size and Forecast By Demography
  • 7.12.4. Market Size and Forecast By End user
  • 8. Market Dynamics
  • 8.1. Market Drivers
  • 8.2. Challenges
  • 8.3. Opportunity
  • 8.4. Restraints
  • 8.5. Market Trends
  • 8.6. Covid-19 Effect
  • 8.7. Supply chain Analysis
  • 8.8. Policy & Regulatory Framework
  • 8.9. Industry Experts Views
  • 9. Company Profile
  • 9.1. Unilever plc
  • 9.1.1. Company Snapshot
  • 9.1.2. Company Overview
  • 9.1.3. Financial Highlights
  • 9.1.4. Geographic Insights
  • 9.1.5. Business Segment & Performance
  • 9.1.6. Product Portfolio
  • 9.1.7. Key Executives
  • 9.1.8. Strategic Moves & Developments
  • 9.2. L'Oréal S.A.
  • 9.3. The Estée Lauder Companies Inc
  • 9.4. Beiersdorf AG
  • 9.5. Shiseido Company Limited
  • 9.6. Procter & Gamble
  • 9.7. Candela Medical Corporation
  • 9.8. Johnson & Johnson
  • 9.9. Nu Skin Enterprises Inc
  • 9.10. Pierre Fabre S.A
  • 9.11. Amore Pacific
  • 9.12. Henkel AG & Co. KGaA
  • 9.13. Revlon Inc
  • 9.14. Chanel Ltd
  • 9.15. AbbVie Inc
  • 9.16. Kao Corporation
  • 9.17. Lotus Herbals Pvt Ltd
  • 9.18. Natura & Co
  • 9.19. Oriflame Cosmetics AG
  • 9.20. Coty Inc
  • 10. Strategic Recommendations
  • 11. Annexure
  • 11.1. FAQ`s
  • 11.2. Notes
  • 11.3. Related Reports
  • 12. Disclaimer

List of Tables

Table 1: Global Anti-Aging Market Snapshot, By Segmentation (2022 & 2028) (in USD Billion)
Table 2: Top 10 Counties Economic Snapshot 2020
Table 3: Economic Snapshot of Other Prominent Countries 2020
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Anti-Aging Market Size and Forecast, By Geography (2017 to 2028F) (In USD Billion)
Table 6: Global Anti-Aging Market Size and Forecast, By Types (2017 to 2028F) (In USD Billion)
Table 7: Global Anti-Aging Market Size and Forecast, By Demography (2017 to 2028F) (In USD Billion)
Table 8: Global Anti-Aging Market Size and Forecast, By End user (2017 to 2028F) (In USD Billion)
Table 9: Global Anti-Aging Products Market Size and Forecast, By Product Type (2017 to 2028F) (In USD Billion)
Table 10: Global Anti-Aging Products Market Size and Forecast, By Distribution channel (2017 to 2028F) (In USD Billion)
Table 11: Global Anti-Aging Treatment Market Size and Forecast, By Product Type (2017 to 2028F) (In USD Billion)
Table 12: Global Anti-Aging Products Market Size and Forecast, By Distribution channel (2017 to 2028F) (In USD Billion)
Table 13: Asia-Pacific Anti-Aging Market Size and Forecast By Types (2017 to 2028F) (In USD Billion)
Table 14: Asia-Pacific Anti-Aging Market Size and Forecast By Demography (2017 to 2028F) (In USD Billion)
Table 15: Asia-Pacific Anti-Aging Market Size and Forecast By End user (2017 to 2028F) (In USD Billion)
Table 16: Asia-Pacific Anti-Aging Market Size and Forecast By Product Type (2017 to 2028F) (In USD Billion)
Table 17: Asia-Pacific Anti-Aging Market Size and Forecast By Distribution channel (2017 to 2028F) (In USD Billion)
Table 18: Asia-Pacific Anti-Aging Market Size and Forecast By Product Type (2017 to 2028F) (In USD Billion)
Table 19: Asia-Pacific Anti-Aging Market Size and Forecast By Distribution channel (2017 to 2028F) (In USD Billion)
Table 20: China Anti-Aging Market Size and Forecast By Types (2017, 2022 & 2028F)
Table 21: China Anti-Aging Market Size and Forecast By Demography (2017, 2022 & 2028F)
Table 22: China Anti-Aging Market Size and Forecast By End user (2017, 2022 & 2028F)
Table 23: Japan Anti-Aging Market Size and Forecast By Types (2017, 2022 & 2028F)
Table 24: Japan Anti-Aging Market Size and Forecast By Demography (2017, 2022 & 2028F)
Table 25: Japan Anti-Aging Market Size and Forecast By End user (2017, 2022 & 2028F)
Table 26: India Anti-Aging Market Size and Forecast By Types (2017, 2022 & 2028F)
Table 27: India Anti-Aging Market Size and Forecast By Demography (2017, 2022 & 2028F)
Table 28: India Anti-Aging Market Size and Forecast By End user (2017, 2022 & 2028F)
Table 29: Australia Anti-Aging Market Size and Forecast By Types (2017, 2022 & 2028F)
Table 30: Australia Anti-Aging Market Size and Forecast By Demography (2017, 2022 & 2028F)
Table 31: Australia Anti-Aging Market Size and Forecast By End user (2017, 2022 & 2028F)
Table 32: South Korea Anti-Aging Market Size and Forecast By Types (2017, 2022 & 2028F)
Table 33: South Korea Anti-Aging Market Size and Forecast By Demography (2017, 2022 & 2028F)
Table 34: South Korea Anti-Aging Market Size and Forecast By End user (2017, 2022 & 2028F)
Table 35: Influencing Factors for Global Anti-Aging Market, 2022

List of Figures

Figure 1: Global Anti-Aging Market Size (USD Billion) By Region, 2022 & 2028
Figure 2: Market attractiveness Index, By Region 2028
Figure 3: Market attractiveness Index, By Segment 2028
Figure 4: Competitive Dashboard of top 5 players, 2022
Figure 5: Porter's Five Forces of Global Anti-Aging Market
Figure 6: Global Anti-Aging Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 7: Global Anti-Aging Market Share By Region (2022)
Figure 8: Global Anti-Aging Products Market Size By Value 2017 to 2028 (in USD Billion)
Figure 9: Global Anti-Aging Treatment Market Size By Value 2017 to 2028 (in USD Billion)
Figure 10: Asia-Pacific Anti-Aging Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 11: Asia-Pacific Anti-Aging Market Share By Country (2022)
Figure 12: Asia-Pacific Anti-Aging Products Market Size By Value 2017 to 2028 (in USD Billion)
Figure 13: Asia-Pacific Anti-Aging Treatment Market Size By Value 2017 to 2028 (in USD Billion)
Figure 14: China Anti-Aging Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 15: Japan Anti-Aging Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 16: India Anti-Aging Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 17: Australia Anti-Aging Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 18: South Korea Anti-Aging Market Size By Value (2017, 2022 & 2028F) (in USD Billion)

Market Research FAQs

The Asia-Pacific anti-aging market refers to the market for anti-aging products, services, and treatments specifically in the Asia-Pacific region. It includes countries such as China, Japan, South Korea, India, and Australia, among others. The market encompasses various segments such as skincare products, cosmetic procedures, and supplements aimed at reducing the signs of aging.

The growth of the Asia-Pacific anti-aging market is driven by factors such as a large population, increasing disposable incomes, growing consumer awareness about self-care and appearance, changing lifestyles, the influence of western beauty standards, and the availability of a wide range of anti-aging products and treatments.

The Asia-Pacific anti-aging market can be segmented based on product type, treatment modality, and end-user. Product types include skincare products like creams, serums, and masks, as well as haircare products and supplements. Treatment modalities include topical treatments, injectables (such as botulinum toxin injections), and energy-based devices like lasers. End-users can be categorized into salons, spas, hospitals and clinics, and at-home users.

The Asia-Pacific anti-aging market does not have a single dominating country. It is a diverse market with different countries playing significant roles. However, countries like Japan and South Korea are known for their advanced skincare and beauty industries and have a strong presence in the Asia-Pacific anti-aging market.

Some key trends in the Asia-Pacific anti-aging market include the growing demand for natural and organic anti-aging products, the adoption of innovative technologies and ingredients in skincare formulations, the popularity of K-beauty (Korean beauty) and J-beauty (Japanese beauty) trends, and the increasing focus on preventive measures and holistic approaches to aging.

The Asia-Pacific anti-aging market faces challenges such as diverse cultural preferences and beauty standards across different countries, the presence of counterfeit or low-quality products, the need for localized marketing and product formulations to cater to specific Asian skin types, and regulatory variations across the region.

The Asia-Pacific anti-aging market includes several major players such as Amorepacific Corporation, LG Household & Health Care Ltd., Shiseido Company, Limited, Kao Corporation, The Procter & Gamble Company, Estée Lauder Companies Inc., L'Oréal SA, Johnson & Johnson, Unilever PLC, and Beiersdorf AG, among others. These companies offer a wide range of anti-aging products and treatments and adapt their strategies to cater to the specific needs and preferences of the Asian market.

The Asia-Pacific anti-aging market is expected to witness significant growth in the future. Factors such as a large population, increasing disposable incomes, growing beauty consciousness, advancements in skincare technology, and the influence of social media and beauty trends are likely to drive market expansion. However, the market may also face challenges related to regulatory changes, competition, and the need for localized product innovations to meet the diverse needs of consumers across different Asian countries.
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Asia-Pacific Anti Aging Market Outlook, 2028

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