ASIA-PACIFIC ANTI-AGING MARKET 2019-2027

Consumer Goods & Services | Personal Care Products

ASIA-PACIFIC ANTI-AGING MARKET 2019-2027

Market By Demographics, Products, Devices, Services And Geography | Forecast 2019-2027

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Research by Triton shows that the Asia-Pacific anti-aging market will be fast progressing at a CAGR of 8.31% in terms of revenue over the forecast period of 2019-2027.

The countries studied in the Asia-Pacific anti-aging market are:

•           India

•           China

•           Japan

•           South Korea

•           Australia & New Zealand

•           ASEAN countries

•           Rest of APAC

Asia-Pacific represents one of the most lucrative markets for the growth of the aesthetic industry. The demographics, as well as the accelerated economic growth in the region, are the two primary factors that have played a crucial role in making products & services more affordable to a larger segment of the population. Asian countries serve as the most potent and among the largest markets for export and import of goods related to cosmetic & personal care, from various parts of the world. The region is the home to some of the most developed markets in the world including Japan, Australia, Hong Kong, China and South Korea, among others. Furthermore, low and middle-income countries including Thailand, India, Malaysia and the Philippines offer lucrative opportunities for market development. Majority of the market growth achieved by these countries is through the adoption of accurate business strategies, market share gains or through the development of new product categories.

Japan is estimated to become one of the eminent marketplaces for anti-aging products, devices and services, which can be attributed to the modern lifestyles of the Japanese population. The anti-aging market in Japan is evolving owing to the new product outlines, along with the new services being offered. Anti-aging market players in the country are working towards designing age-specific products that target age-specific consumers, thereby, driving the adoption of anti-aging products by younger consumers as a preventive measure against the early signs of aging.

Lutronic Corporation is a South Korean company, established in 1997 and headquartered in Goyang. The company designs manufactures and commercializes aesthetic & medical laser systems and related technology worldwide. Lutronic provides its medical systems for numerous conditions and treatments, including soft tissue incision, melasma, vascular, tattoo removal, hair removal, rejuvenation, wrinkles reduction, body/face contouring, healing, chronic pain and others. The company was previously known as Max Engineering Ltd. and changed its name to Lutronic Corporation in 2016. At the end of 2016, the company achieved revenues worth $75.3 million.


 

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Table of Content

1.    ASIA-PACIFIC ANTI-AGING MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PARENT MARKET ANALYSIS: BEAUTY & PERSONAL CARE MARKET

2.3. EVOLUTION & TRANSITION OF ANTI-AGING PRODUCTS, SERVICES & DEVICES

2.4. KEY INSIGHTS

2.4.1. ADVENT OF MULTIFUNCTIONAL PRODUCTS AND UV ABSORBERS

2.4.2. INCREASING DEMAND FOR ANTI-AGING HAIR CARE PRODUCTS

2.4.3. HIGH NUMBER OF START-UPS

2.4.4. RISING AWARENESS TOWARDS THE AGING SIGNS

2.5. PORTER’S FIVE FORCE ANALYSIS

2.5.1. BARGAINING POWER OF BUYERS

2.5.2. BARGAINING POWER OF SUPPLIERS

2.5.3. THREAT OF NEW ENTRANTS

2.5.4. THREAT OF SUBSTITUTE

2.5.5. THREAT OF COMPETITIVE RIVALRY

2.6. KEY IMPACT ANALYSIS

2.6.1. BRAND VALUE

2.6.2. PRODUCTS REVIEWS

2.6.3. COST

2.6.4. FORMULATION

2.7. MARKET ATTRACTIVENESS INDEX

2.8. VENDOR SCORECARD

2.9. INDUSTRY COMPONENTS

2.9.1. SUPPLIERS

2.9.2. RESEARCH & DEVELOPMENT

2.9.3. MANUFACTURING/PRODUCTION

2.9.4. DISTRIBUTION & MARKETING

2.9.5. END-USERS

2.10. REGULATORY FRAMEWORK

2.11. MARKET DRIVERS

2.11.1. UPSURGE IN AGING POPULATION

2.11.2. GROWING POPULATION WITH OBESITY

2.11.3. AGGREGATED AWARENESS OF ANTI-AGING PRODUCTS

2.11.4. NOVEL INVENTIONS IN ANTI-AGING TREATMENTS

2.12. MARKET RESTRAINTS

2.12.1. SHIFTING CONSUMER PREFERENCE TOWARDS NATURAL & ORGANIC PRODUCTS

2.12.2. LOGISTICS CONCERNS

2.12.3. SIDE-EFFECTS OF ANTI-AGING PRODUCTS

2.13. MARKET OPPORTUNITIES

2.13.1. RISING HOUSEHOLD DISPOSABLE INCOME PER CAPITA

2.13.2. ENHANCED MARKETING & PROMOTION TECHNIQUES

2.13.3. RAPID ADOPTION OF HAIR RESTORATION TECHNOLOGIES

2.14. MARKET CHALLENGES

2.14.1. ADOPTION OF HOME REMEDIES BY MAJOR PORTION OF CONSUMERS

2.14.2. STRINGENT GOVERNMENT REGULATIONS REGARDING COSMETICS AND DEVICES

3.    ASIA-PACIFIC ANTI-AGING MARKET OUTLOOK - BY DEMOGRAPHICS

3.1. BABY BOOMERS

3.2. GENERATION X

3.3. GENERATION Y

4.    ASIA-PACIFIC ANTI-AGING MARKET OUTLOOK - BY PRODUCTS

4.1. UV ABSORBERS

4.2. ANTI-WRINKLE

4.3. ANTI-STRETCH MARKS

4.4. HAIR COLOR

5.    ASIA-PACIFIC ANTI-AGING MARKET OUTLOOK - BY DEVICES

5.1. ANTI-CELLULITE TREATMENT DEVICES

5.2. MICRODERM ABRASION DEVICES

5.3. AESTHETIC LASER DEVICES

5.4. RADIOFREQUENCY DEVICES

6.    ASIA-PACIFIC ANTI-AGING MARKET OUTLOOK - BY SERVICES

6.1. ANTI-PIGMENTATION THERAPY

6.2. ADULT ACNE THERAPY

6.3. BREAST AUGMENTATION

6.4. LIPOSUCTION SERVICES

6.5. ABDOMINOPLASTY

6.6. CHEMICAL PEEL

6.7. EYELID SURGERY

6.8. HAIR RESTORATION

6.9. SCLEROTHERAPY

6.10. OTHER SERVICES

7.    ASIA-PACIFIC ANTI-AGING MARKET - REGIONAL OUTLOOK

7.1. CHINA

7.2. JAPAN

7.3. INDIA

7.4. SOUTH KOREA

7.5. ASEAN COUNTRIES

7.6. AUSTRALIA & NEW ZEALAND

7.7. REST OF ASIA-PACIFIC

8.    COMPETITIVE LANDSCAPE

8.1. LUMENIS LTD. (ACQUIRED BY XIO)

8.2. SOLTA MEDICAL (VALEANT PHARMACEUTICALS)

8.3. ALMA LASERS, INC. (ACQUIRED BY FOSUN PHARMA)

8.4. LUTRONIC CORPORATION

8.5. OLAY (ACQUIRED BY PROCTER & GAMBLE)

8.6. BEIERSDORF (ACQUIRED BY TCHIBO HOLDING AG)

8.7. SYNERON CANDELA

8.8. AVON PRODUCTS, INC.

8.9. COTY, INC.

8.10. PERSONAL MICRODERM

8.11. ALLERGAN PLC

8.12. L’ORÉAL S.A.

8.13. PHOTOMEDEX, INC. (ACQUIRED BY RADIANCY, INC.)

8.14. REVLON

8.15. CYNOSURE (ACQUIRED BY HOLOGIC)

9.    RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of table

TABLE 1: ASIA-PACIFIC ANTI-AGING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: EVOLUTION & TRANSITION OF ANTI-AGING PRODUCTS, SERVICES & DEVICES

TABLE 3: PROMINENT START-UPS IN ANTI-AGING MARKET

TABLE 4: VENDOR SCORECARD

TABLE 5: REGULATORY FRAMEWORK

TABLE 6: PRODUCERS GROWTH IN ANTI-AGING MARKET

TABLE 7: REGIONWISE GROWTH IN AGING POPULATION, 2015-2050F

TABLE 8: ASIA-PACIFIC ANTI-AGING MARKET, BY DEMOGRAPHICS, 2019-2027 (IN $ MILLION)

TABLE 9: ASIA-PACIFIC ANTI-AGING MARKET, BY PRODUCTS, DEVICES & SERVICES, 2019-2027 (IN $ MILLION)

TABLE 10: ASIA-PACIFIC ANTI-AGING MARKET, BY PRODUCTS, 2019-2027 (IN $ MILLION)

TABLE 11: ASIA-PACIFIC ANTI-AGING MARKET, BY DEVICES, 2019-2027 (IN $ MILLION)

TABLE 12: ASIA-PACIFIC ANTI-AGING MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)

TABLE 13: ASIA-PACIFIC ANTI-AGING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1: KEY BUYING IMPACT ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: INDUSTRY COMPONENTS

FIGURE 4: WORLDWIDE GERIATRIC POPULATION (AGED 65 YEARS & ABOVE), 2014-2022 (IN MILLION)

FIGURE 5: COUNTRIES WITH MOST OBESE POPULATION (IN %)

FIGURE 6: PATENT APPLICATIONS RECEIVED FOR ANTI-AGING MOISTURIZERS WITH NATURAL INGREDIENTS

FIGURE 7: HOUSEHOLD DISPOSABLE INCOME PER CAPITA OF OECD COUNTRIES IN 2017 (IN $)

FIGURE 8: ASIA-PACIFIC ANTI-AGING MARKET, BY BABY BOOMERS, 2019-2027 (IN $ MILLION)

FIGURE 9: ASIA-PACIFIC ANTI-AGING MARKET, BY GENERATION X, 2019-2027 (IN $ MILLION)

FIGURE 10: ASIA-PACIFIC ANTI-AGING MARKET, BY GENERATION Y, 2019-2027 (IN $ MILLION)

FIGURE 11: ASIA-PACIFIC ANTI-AGING MARKET, BY UV ABSORBERS, 2019-2027 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC ANTI-AGING MARKET, BY ANTI-WRINKLE, 2019-2027 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC ANTI-AGING MARKET, BY ANTI-STRETCH MARKS, 2019-2027 (IN $ MILLION)

FIGURE 14: ASIA-PACIFIC ANTI-AGING MARKET, BY HAIR COLOR, 2019-2027 (IN $ MILLION)

FIGURE 15: ASIA-PACIFIC ANTI-AGING MARKET, BY ANTI-CELLULITE TREATMENT DEVICES, 2019-2027 (IN $ MILLION)

FIGURE 16: ASIA-PACIFIC ANTI-AGING MARKET, BY MICRODERM ABRASION DEVICES, 2019-2027 (IN $ MILLION)

FIGURE 17: ASIA-PACIFIC ANTI-AGING MARKET, BY AESTHETIC LASER DEVICES, 2019-2027 (IN $ MILLION)

FIGURE 18: ASIA-PACIFIC ANTI-AGING MARKET, BY RADIOFREQUENCY DEVICES, 2019-2027 (IN $ MILLION)

FIGURE 19: ASIA-PACIFIC ANTI-AGING MARKET, BY ANTI-PIGMENTATION THERAPY, 2019-2027 (IN $ MILLION)

FIGURE 20: ASIA-PACIFIC ANTI-AGING MARKET, BY ADULT ACNE THERAPY, 2019-2027 (IN $ MILLION)

FIGURE 21: ASIA-PACIFIC ANTI-AGING MARKET, BY BREAST AUGMENTATION, 2019-2027 (IN $ MILLION)

FIGURE 22: ASIA-PACIFIC ANTI-AGING MARKET, BY LIPOSUCTION SERVICES, 2019-2027 (IN $ MILLION)

FIGURE 23: ASIA-PACIFIC ANTI-AGING MARKET, BY ABDOMINOPLASTY, 2019-2027 (IN $ MILLION)

FIGURE 24: ASIA-PACIFIC ANTI-AGING MARKET, BY CHEMICAL PEEL, 2019-2027 (IN $ MILLION)

FIGURE 25: ASIA-PACIFIC ANTI-AGING MARKET, BY EYELID SURGERY, 2019-2027 (IN $ MILLION)

FIGURE 26: ASIA-PACIFIC ANTI-AGING MARKET, BY HAIR RESTORATION, 2019-2027 (IN $ MILLION)

FIGURE 27: ASIA-PACIFIC ANTI-AGING MARKET, BY SCLEROTHERAPY, 2019-2027 (IN $ MILLION)

FIGURE 28: ASIA-PACIFIC ANTI-AGING MARKET, BY OTHER SERVICES, 2019-2027 (IN $ MILLION)

FIGURE 29: CHINA ANTI-AGING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 30: JAPAN ANTI-AGING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 31: INDIA ANTI-AGING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 32: SOUTH KOREA ANTI-AGING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 33: ASEAN COUNTRIES ANTI-AGING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 34: AUSTRALIA & NEW ZEALAND ANTI-AGING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 35: REST OF ASIA-PACIFIC ANTI-AGING MARKET, 2019-2027 (IN $ MILLION)

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