Global anti-aging market will grow at CAGR of 6.7% during 2013-2018 period amid rising aging population worldwide, according to new report
May 19, 2014
– Research and Markets (http://www.researchandmarkets.com/research/vcc6wb/global_antiaging) has announced the addition of the "Global Anti-Aging Product Market 2014-2018" report to their offering.
The analysts forecast the Global Anti-aging Product market will grow at a CAGR of 6.7% over the period 2013-2018.
One of the main drivers is the rising global aging population. This growth is resulting in an increase in the need for anti-aging and age-defying facial products.
Consumers are increasingly using anti-aging products made from natural and organic ingredients. Over the years, consumers have started seeking safe products and are now paying more attention to the ingredients in the anti-aging products, preferring those that do not contain chemicals or ingredients that could cause harmful side effects. Typically, anti-aging skincare and hair care products are made from synthetic ingredients, additives, and fillers. Such products could harm skin and hair, or even weaken and loosen skin when it starts aging. Natural oils such as argan, marula, coconut, and almond are some popular ingredients used in organic products. As organic products have little harmful effects, many large companies are launching natural and organic products to gain more market share.
Further, the report states that one of the main challenges hindering market growth is the intensifying competition in the market caused by the entrance of new players and private labels.
Procter & Gamble Co.
Other Prominent Vendors
Avon Products Inc.
Christian Dior SA
Clarins USA Inc.
DS Healthcare Group Inc.
Elizabeth Arden Inc.
Estée Lauder Co. Inc.
Henkel AG & Co KGaA
Jan Marini Skin Research Inc.
Johnson & Johnson Co.
Robanda International Inc.
Woodridge Labs Inc.
For more information visit http://www.researchandmarkets.com/research/vcc6wb/global_antiaging
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