Fast Market Research announces the availability of the new TechNavio report, "Global Anti-aging Products Market 2015-2019", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 09/09/2015 -- Anti-aging cosmetics and skin care products are used to overcome signs of aging. Anti-aging products fight problems such as wrinkles, blemishes, dry lines, fine color, pores, greying, thinning, and sagging. The three categories of anti-aging products are: skin care, hair care, and others. Products to tackle specific signs of aging under each category are available in the market.
Technavio's analysts forecast the global anti-aging products market to grow at a CAGR of 7.71% during the period 2014-2019.
Commenting on the report, an analyst from Technavio's team said: "The texture and appearance of hair changes with age; hair can become brittle, rough, dull, and prone to hair fall. To address these problems, vendors are launching anti-aging hair-care products ranging from shampoos, conditioners, serums, and volumizers. For instance, the Cremer Care Argan Oil by CREMER OLEO GmbH is aimed at repairing damaged hair and restoring hair shine. Vendors are also investing in developing advanced and affordable products to attract consumers. The increasing demand for anti-aging hair care products is expected to drive the growth of this market during the forecast period."
Get More Details on this Report and a Full Table of Contents at Global Anti-aging Products Market 2015-2019
According to the report, rapid economic development in developing countries such as India and China has resulted in an improved lifestyle of the general population. A rise in GDP has led to increased disposable income resulting in an increase in per capita expenditure on beauty and hygiene products, including anti-aging products. This rise in urbanization and per capita expenditure in developing countries is driving the growth of the global anti-aging products market. These factors also influence increased impulse purchase by aging consumers.
Further, the report states that one of the major challenges faced by vendors is sustaining and growing their market shares in this highly competitive market.
The key players in the Global Anti-Ageing Products Market are Allergan, Beiersdorf and L'Oreal while other prominent vendors include Amexdrug, Avon Products, Chanel, Christian Dior, Clarins USA, DS Healthcare Group, Elizabeth Arden, Ella Bache, Estee Lauder, Henkel, Jan Marini Skin Research, Johnson & Johnson, Kao Corp, NeoStrata, Nu Skin, Orlane, Phosphagenics, Procter & Gamble, Revlon, Robanda International, Shiseido, SkinMedica, Skinvisible, Unilever Group and Woodridge Labs
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit - http://www.technavio.com/report/anti-aging-products-market
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