Anti-wrinkle Products Market

Anti-wrinkle Products Market: China Emerging as a Potential Market Due to Increasing Ageing Population: Global Industry Analysis (2013 - 2018) & Opportunity Assessment (2018 - 2027)

2019-01-17
REP-GB-8556
138 Tables
108 Figures
175 pages

An Incisive, In-depth Analysis on the Anti Wrinkle Products Market

This study offers a comprehensive, 360 degree analysis on the Anti Wrinkle Products market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Anti Wrinkle Products market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

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Anti-Wrinkle Products Sales to Rise through 2027; Creams & Moisturizers a Key Target Segment for Manufacturers of Anti-Wrinkle Products

Global Anti-Wrinkle Products Market: From an estimated market size of US$ 7,739.7 Mn in2018, the value sales of anti-wrinkle products are expected to reach US$ 12,841.5 Mn by 2027, with at a CAGR of 5.8%

Personal care and cosmetic products are commercially available across the globe. They are used to enhance the appearance of the skin. The growing consumer demand for more effective products, such as anti-wrinkle products that substantially beautify the skin and complexion, has increased various research and development activities as well as the development of new products in the personal care industry. Moreover, rapid advancements in personal care products have accelerated the availability of beauty products, especially anti-aging and anti-wrinkle products. Various research studies have also witnessed a clinical movement that has boosted the offerings of anti-aging products.

Skin aging is characterised by the progressive deterioration of the functional properties of the skin owing to changes in the functioning of certain organs of the body and overall fitness levels, among others. Therefore, the growing consumer demand for products that rapidly lower the signs of aging, which include wrinkles, lines, blemishes, frown lines and pigmentation, has increased the demand for anti-wrinkle products.

In addition, the promotional strategies of various manufacturers have significantly impacted the per capita expenditure and per capita consumption of skin care products across the globe. In the recent past, it has been observed that most of the leading brands of anti-wrinkle products have started promoting their products as high quality, organic, natural, safe and highly effective. The degree and extent of promotion is likely to increase in the near future, and, in turn, drive the global anti-wrinkle products market as well as the market of ingredients for anti-wrinkle products during the forecast period.

Moreover, the visibility of anti-wrinkle products on retail shelves plays an extremely important role in consumer buying behaviour. Anti-wrinkle products that claim to contain natural ingredients are likely to influence a large consumer group across the globe. In developing countries, skin care products are rarely available at independent retail outlets, whereas their visibility is relatively higher in modern trade formats. With the increasing penetration of organised retail in key markets, the sales of skin care products is likely to increase, thus influencing the demand for anti-wrinkle products.

Rising adoption of skin care products in developing countries across the globe is driving the global anti-wrinkle products market

Japan is one of the largest markets for personal care products as Japanese consumers have been traditionally using skincare products since several years, and this has made Japan a competitive market for anti-wrinkle products. Consumers in Japan demand sophisticated and high-quality skincare products. Apart from this, Japan has the largest percentage of geriatric population, and 26.3% of the Japanese population was aged 65 years and above in 2015. This percentage is likely to increase to nearly 32.0% by 2030, which is noticeably creating growth opportunities for the anti-wrinkle products market during the forecast period. Moreover, changing consumer preferences for mass products has enabled them to spend more on anti-wrinkle products. The major manufacturers of anti-wrinkle products are aggressively launching low-priced high-value anti-wrinkle products to cater to a large number of consumers.

The natural/herbal nature segment is primarily driven by increasing consumer awareness and a shift towards clean-label anti-wrinkle products

By nature, the global anti-wrinkle products market is segmented into natural/herbal, synthetic and organic. Among all the nature type segments, the natural/herbal beauty segment is estimated to account for a high value share in the anti-wrinkle products market. This segment is expected to remain dominant in the global anti-wrinkle products market during the forecast period. In the global anti-wrinkle products market, the natural/herbal segment estimated to account for a 35.7% value share in 2018, and attain a CAGR of 6.1% during the forecast period.

In the global anti-wrinkle products market, the synthetic segment is expected to be closely followed by the natural/herbal segment in terms of share and growth. In the global anti-wrinkle products market, the organic segment is expected to register a CAGR of 4.8% during the forecast period. Manufacturers in the anti-wrinkle products market are continuously introducing new natural anti-wrinkle products owing to growing consumer concerns regarding safety, owing to which manufacturers are now adopting clean-label formulations to develop anti-wrinkle products as well as include more natural ingredients in their anti-wrinkle products.

The global anti-wrinkle products market is further segmented on the basis of end-user into men and women. Among all these end-user segments, the women segment is expected account for the largest share in terms of value in the anti-wrinkle products market. The women segment estimated to account for 80.6% value share in 2018, and register a CAGR of 5.6% during the forecast period. However, the men segment is expected to register significant growth in the global anti-wrinkle products market during the forecast period. This segment is expected to gain 129 BPS in its market share by 2027 over 2018.

The global anti-wrinkle products market is mainly concentrated with the presence of several multinational and regional companies. The detailed profiles of companies that offer anti-wrinkle products are also included in the global anti-wrinkle products market report for the evaluation of their key product offerings, strategies and recent developments. Some of the key players included in the global anti-wrinkle productsmarket report include Unilever; Revlon, Inc.; Procter & Gamble Co.; Oriflame Cosmetics AG; Nature Republic; Natura & Co.; Mary Kay Inc.; Lotus Herbals Limited; L'Oréal S.A.; Kao Corporation; Coty, Inc.; Colgate Palmolive Company; Clarins Group; Biomod Concepts, Inc.; Beiersdorf AG; Henkel AG; Avon Products Inc.; ARK Skincare; Alma Secret Company and Allergan PLC.

This report provides the forecast and analysis of the global anti-wrinkle products market. It provides analysis on the basis of historical data and forecast from 2018 to 2027 in terms of revenue (US$ Mn). The anti-wrinkle products report reveals the anti-wrinkle products market dynamics in seven geographic segments along with an analysis of the anti-wrinkle products market for the current and future scenario. In addition, it includes the drivers, restraints and recent trends of the anti-wrinkle products market. The anti-wrinkle products report also comprises opportunities for the manufacturers of anti-wrinkle productsand highlights the value chain analysis in detail. The anti-wrinkle products study demonstrates the market dynamics and trends across regions that are expected to influence the current status as well as the future prospects of the anti-wrinkle products market.

The anti-wrinkle products report studies the global anti-wrinkle productsmarket for the period 2018–2027. The prime objective of this anti-wrinkle products report is to offer quantitative & qualitative insights and study the key market trends pertaining to the global anti-wrinkle products market that gradually help transform businesses.

The anti-wrinkle products market numbers have been assessed by carefully scrutinising the anti-wrinkle products spending of countries in all the six key regions for the current year, as well as the historical performance of the anti-wrinkle products market. Market size and forecast for each segment in the anti-wrinkle products market has been provided in the context of regional markets. All the segmentation of the anti-wrinkle products market has been considered after appropriate secondary research and revalidation of the data obtained through interviews with key thought leaders and anti-wrinkle products industry experts. The market has been forecast based on constant currency rates. The anti-wrinkle products report includes the revenue generated from the sales of anti-wrinkle products across all regional economies.

The anti-wrinkle products report begins with an executive summary intended to provide a clear perspective about the market to the reader. It is then followed by an overview of the anti-wrinkle products market and provides the definition of the anti-wrinkle products market along with an analysis of the drivers, restraints, opportunities and key trends of the market. The sections that follow include the analysis of the anti-wrinkle products market by product type, nature, end-user, sales channel, region and a country-level analysis.

On the basis of product type, the global anti-wrinkle products market is segmented as creams & moisturisers, cleansers and other products. The global anti-wrinkle products market is further segmented on the basis of nature. The nature segment includes natural/herbal, synthetic and organic. The global anti-wrinkle products market is also segmented by end-user into men and women. The anti-wrinkle products market is also segmented on the basis of sales channel as pharmacies, specialty outlets, supermarkets/hypermarkets, convenience stores, beauty stores, e-retailers and others.

All the above sections evaluate the anti-wrinkle products market on the basis of various factors affecting the market, which cover the present scenario as well as future prospects. For anti-wrinkle products market data analysis, the report considers 2017 as the base year, with market numbers estimated for 2018 and forecast made for 2018–2027. All the segmentation of the anti-wrinkle products market has been considered after appropriate secondary research and revalidation of the data obtained through interviews with key thought leaders in the industry. The market has been forecast based on constant currency rates.

The next section of the report highlights the anti-wrinkle products market by region and provides the market outlook for 2018–2027. The study investigates the regional Year-On-Year (Y-o-Y) growth of the anti-wrinkle products market. Key regions assessed in this report include North America, Latin America, Europe, Asia Pacific Excluding Japan, Middle East & Africa and Japan. The anti-wrinkle products report evaluates the present scenario and growth prospects of the regional market for 2018–2027.

The anti-wrinkle products market numbers have been assessed based on sales and weighted average pricing by product type. The aggregate revenue is derived through the weighted average of the pricing trends in different countries. The market size and forecast for each segment has been provided in the context of the country. The market has been analysed based on the expected demand and current spending scenario. The prices considered for the calculation of revenue are average country prices obtained through primary quotes from numerous regional manufacturers, suppliers and distributors of anti-wrinkle products. All the key product types have been considered on the basis of secondary sources and feedback from primary respondents. Country-wise demand patterns have been considered while estimating the adoption of anti-wrinkle products across various regions. The market numbers for all the regions by product type, nature, end-user and sales channel have been derived using the bottom-up approach, which is cumulative of the demand from each country. The company-level anti-wrinkle products market share has been derived on the basis of revenues reported by key manufacturers. The anti-wrinkle products market has been forecast based on constant currency rates. Given the characteristics of the market, we have triangulated the outcome on the basis of three different types of analysis: based on supply side, demand side and the impact of macro-economic factors on the anti-wrinkle products market. In addition, it is imperative to note that, in a fluctuating global economy, we not only conduct market forecasts in terms of Compound Annual Growth Rate (CAGR), but also analyse the market based on key parameters, such as Y-o-Y growth rates, to understand the predictability of the anti-wrinkle products market as well as to identify the right opportunities for players.

The market segments of the global anti-wrinkle products market have been analysed in terms of Basis Point Share (BPS) to understand the relative contributions of each segment to market growth. This detailed level of information is important for identifying various key trends in the anti-wrinkle products market. Another key feature of this report is the analysis of the market in terms of absolute dollar opportunity represented by the sales of anti-wrinkle products. Absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve as well as to identify the lucrative segments in the anti-wrinkle products market. The overall absolute dollar opportunity represented by the anti-wrinkle products market is mentioned in the report. To understand key growth segments in terms of the growth and adoption of anti-wrinkle products in the global market, FMI has developed the market ‘Attractiveness Index.’ This index is expected to help providers identify real market opportunities. A number of primary and secondary sources were referred during the course of the study. Some of the secondary sources include IMF, World Bank, Hoovers, Factiva, annual reports of companies and government associations & publications.

In the final section of the report on the anti-wrinkle products market, a ‘dashboard view’ of the companies is provided to compare the current industrial scenario and their contribution to the global anti-wrinkle products market. Moreover, it is primarily designed to provide clients an objective and detailed comparative assessment of the key providers specific to a segment in the anti-wrinkle products market. Report audiences can gain segment-specific manufacturer insights to identify and evaluate the key competitors in the anti-wrinkle products market. Detailed profiles of companies are also included in the report to evaluate their strategies, key product offerings and recent developments. Some of the key players of the global anti-wrinkle products market areAllergan PLC; ARK Skincare; Avon Products Inc.; HenkelAG; Beiersdorf AG; Biomod Concepts, Inc.; Coty, Inc.; Colgate Palmolive Company; L'Oréal S.A.; Alma Secret Company; Procter & Gamble Co.; Revlon, Inc.; Clarins Group; Unilever; Lotus Herbals Limited; Oriflame Cosmetics AG; Nature Republic; Kao Corporation; Mary Kay Inc. and Natura & Co.