(PharmaNewsWire.Com, February 03, 2017 ) According to the report Europe Anti-Aging Market, published by Market Data Forecast, the market is projected to reach USD 94.84 Billion by 2021, at a CAGR of 5.52 % from 2016 to 2021.
The need of consumers to look good and feel healthy will increase as the age inclines. The necessity of the consumers to appear healthy and young has been inclining the business prospective for both the present and future new Skin distributors. The demand for restoring younger looks by curing the aging skin that has stated the world of beauty a great way for expansion.
The expansion of the market is due to the major factor that includes the slight increase in the rate of conditions and changes experienced by aging consumers. The aging market advances one of the biggest opportunities, especially due its higher disposable income. The superiority of market is mostly due to high awareness and availability of huge variety of anti-wrinkle products at reasonable cost in Europe. Therefore, all companies in the cosmetic industry are emerging to tap the profitable anti-aging market.
The key players dominating the anti-aging market include Coty Inc., Personal Microderm, Beiersdorf AG, Photomedex Inc., Lumenis Ltd, Alma Lasers Ltd, Solta Medical Inc., Cynosure Inc., LOreal, SA, and Allergan Inc.
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