According to the research report titled ‘Global Anti-Aging Market 2019-2027’, available with Market Study Report, global anti-aging market is anticipated to grow with a CAGR of 7.94% through 2027.
 

Rising aging population, increasing number of people with obesity, and higher per capita incomes are bolstering the growth of global anti-aging market. Additionally, rising awareness about anti-aging products with novel innovations, alongside insistent promotion & marketing tactics by firms are augmenting the market outlook.
 

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However, side effects of anti-aging products act as barriers for the industry growth. Individuals are now preferring organic and natural products over chemical anti-aging products. Additionally, problems associated with the management of products like handling bulk quantity, maintaining optimum temperature, traversing licenses with on time delivery are some major restraints. Also, stricter rules by the government regarding cosmetics, and consumer preference for home remedies are hampering the worldwide anti-aging market valuation.
 

Based on product type, the market is divided into UV absorbers, anti-stretch marks, anti-wrinkle, and hair color. According to the devices, global anti-aging industry is classified into microderm abrasion devices, anti-cellulite treatment devices, aesthetic laser devices, and radiofrequency devices. Moving to services ambit, the market is fragmented into adult acne therapy, liposuction services, anti-pigmentation therapy, breast augmentation, abdominoplasty, eyelid surgery, sclerotherapy, chemical peel, and hair restoration among others.
 

Moving on to regional outlook, North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa are significant contributors towards worldwide anti-aging market remuneration.
 

The report cites that North America is poised to hold significant market share by the year 2027, owing to shifting preference form invasive surgeries to non-invasive methods. Additionally, increasing demand for handheld and standalone anti-aging devices, along with favorable compensation set-up in the U.S. and Canada, easy approach to modern devices, and improving public awareness are generating lucrative prospects for the business scenario in North America.
 

Major companies in global anti-aging industry space include Avon Products Inc., Personal Microderm (PMD), Coty Inc., Lutronic Corporation, Revlon Inc., L'Oréal S.A., PhotoMedex Inc., Allergan plc, Syneron Medical Ltd., Beiersdorf AG, Cynosure LLC, Olay (owned by P&G), Alma Lasers Ltd., Solta Medical Inc., and Lumenis Ltd.