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European Anti-Aging Market Research Report – Segmented By Demographics Products Type, Services, Devices Type, Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028)

Published: March, 2023
ID: 1324
Pages: 142
Formats: report pdf report excel report power bi report ppt

Europe Anti-Aging Market Size (2022 to 2027)

The size of the Europe Anti-Aging Market was worth USD 16.45 Billion in 2023 and estimated to be growing at a CAGR of 5.17%, to reach USD 21.17 Billion by 2028. The anti-aging market has been rising at a fast rate in the European region due to the increasing awareness among females and the male population.

The demand for restoring younger looks by repairing aging skin has given the world of beauty a novel way for growth. For numerous cosmetologists and health care professionals, budding anti-aging solutions have become a mission to deliver useful products and earn huge revenues.

Europe Aging Population in 2017:

European Country

% of Aging Population (As of 2017)

United Kingdom

25.3%

Germany

28%

Spain

25.3%

Italy

29.4%

France

25.7%

Belgium

24.6%

Portugal

29%

 

The increasing awareness among the overall population to hold younger-looking skin, hard-line marketing campaigns, and rising interest in a health and beauty regimen are driving the anti-aging products, services, and devices market in Europe. The dominance of the market is mainly due to high awareness and accessibility of a large variety of anti-wrinkle products at a reasonable cost in Europe. In addition, few side effects associated with the products are acting as a restrain for this market.

The product technological advances and some strict regulations have helped the market grow eventually from the past few years. Furthermore, the trust in launching branded products creates valuable opportunities for Europe Anti-aging Market growth. Also, the launch of cutting-edge new products is expected to grow the anti-aging market.

Increasing consumer income and lifestyle changes are driving demand for proactive anti-aging solutions. In addition, the European anti-aging industry appears to be evolving more than ever as more companies offer products through e-commerce, creating opportunities for market growth.

This research report on the European Anti-Aging Market has been segmented and sub-segmented into the following categories:

By Demographics: 

  • Baby Boomers
  • Generation X
  • Generation Y

By-Products Type: 

  • UV Absorbers
  • Anti-Wrinkle Products
  • Anti-Stretch Marks Products
  • Natural Products
  • Hair Colour

Among the main types of anti-aging products, in 2020, anti-wrinkle products became the European market leader. People gained knowledge about various products at an affordable price and made them readily available. The major anti-aging devices, laser beauty devices, accounted for the largest share in 2020 due to cost-effectiveness, peak demand, and permanently effective results.

By Services: 

  • Anti-Pigmentation Therapy
  • Adult Acne Therapy
  • Breast Augmentation
  • Liposuction Services
  • Abdominoplasty
  • Chemical Peel
  • Eye-Lid Surgery
  • Hair Restoration
  • Sclerotherapy

By Devices: 

  • Anti-Cellulite Treatment Devices
  • Microderm Abrasion Devices
  • Laser Aesthetic Devices
  • Radiofrequency Devices

By Country: 

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Turkey
  • Czech Republic
  • Rest of Europe

Geographically, the European market is steadily recovering from the economic crisis, and increasing disposable income positively impacts the demand for aging services. In 2013, Italy gained the largest share of the European anti-aging services market due to the growing demand for hair repair treatments and breast augmentation. However, Spain is expected to evolve at the fastest rate by 2020, mainly due to the increased adoption of sclerotherapy. In addition, the growing elderly population and the prevalence of varicose veins are significant factors in the future development of the Spanish anti-aging services market.

KEY MARKET PLAYERS:

A few of the prominent companies operating in the European Anti-aging market profiled in this report are Coty Inc., Personal Microderm, Beiersdorf AG, Photomedex Inc., Lumenis Ltd, Alma Lasers Ltd., Solta Medical Inc., Cynosure Inc., L’Oreal, SA and Allergan Inc.

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