ASIA-PACIFIC ANTI-AGING MARKET (2019-2027)

vinayakJune 8, 2021

406 3 minutes read

The Asia-Pacific anti-aging market is going to be fast progressing at a CAGR of 8.31% in terms of revenue over the forecast period of 2019-2027.

Asia-Pacific represents one of the foremost lucrative markets for the expansion of the aesthetic industry. The demographics, also because of the accelerated economic process within the region, are the 2 primary factors that have played an important role in making products & services cheaper to a bigger segment of the population. Asian countries function as the foremost potent and among the most important markets for export and import of products associated with cosmetics & care, from various parts of the planet. The region is that home to a number of the foremost developed markets within the world including Japan, Australia, Hong Kong, China, and South Korea, among others. Furthermore, low and middle-income countries including Thailand, India, Malaysia, and therefore the Philippines offer lucrative opportunities for market development. The majority of the market growth achieved by these countries is thru the adoption of accurate business strategies, market share gains, or through the event of the latest product categories.

Rising health consciousness, sedentary routine, growing geriatric population, increasing penetration of anti-aging cosmetic procedures also as rising income are a number of the key growth drivers of the APAC anti-aging devices market. New advanced anti-aging treatments and products are being introduced within the market as a result of technological innovation resulting surge in market revenues.

Australia and Japan are the key regions generating demand for anti-aging devices within the region. The demand for luxury and premium anti-aging products is additionally rising within the region. Online channels are gaining popularity and are further driving the demand for the anti-Aging devices market.

Japan is estimated to become one of the eminent marketplaces for anti-aging products, devices, and services, which may be attributed to the fashionable lifestyles of the Japanese population. The anti-aging market in Japan is evolving due to the new product outlines, alongside the new services being offered. Anti-aging market players within the country are working towards designing age-specific products that focus on age-specific consumers, thereby, driving the adoption of anti-aging products by younger consumers as a precaution against the first signs of aging.

Lutronic Corporation may be a South Korean company, established in 1997 and headquartered in Goyang. the corporate designs manufacture and commercialize aesthetic & medical laser systems and related technology worldwide. Lutronic provides its medical systems for varied conditions and coverings, including soft tissue incision, melasma, vascular, tattoo removal, hair removal, rejuvenation, wrinkles reduction, body/face contouring, healing, chronic pain et al. . the corporate was previously referred to as Max Engineering Ltd. and altered its name to Lutronic Corporation in 2016. At the top of 2016, the corporate achieved revenues worth $75.3 million.

Skin treatment is that the key rising segment within the APAC region thanks to the rising demand for skin tightening services. Moreover, hair services are anticipated to witness the very best rate of growth within the APAC region. Additionally, increasing demand for herbal and organic products, rising awareness towards a healthy lifestyle also as increasing income would further spur the expansion of the anti-aging Devices market within the APAC region.

The APAC anti-aging Devices market report thoroughly covers the market by end-users, device types, and countries. The APAC anti-aging Devices market outlook report provides a random and detailed analysis of the ongoing APAC anti-aging Devices market trends, opportunities/high growth areas,

Markets Covered:
The APAC Anti-Aging Devices market report provides an in-depth analysis of the subsequent market segments:
• By Services: