Anti Aging Market Expected to be $274 Billion by 2013

Here is something that certainly will draw the ire of anti aging marketing companies.  According to BCC Research, the global market for anti aging products will be worth $274.5 billion dollars by the year 2013. This factors in compounded growth of 11.1% each year from the current rate of today.

In no surprise, the second largest sector in this number is anti aging cosmetics.

The sector of this market that the article refers to as “appearance” is made up of the facial rejuvenation, skin rejuvenation, hair care and body shaping markets.
The global anti aging market is made up of two categories:  products and services.  The majority of the products include facial care, skin care, hair care, drugs and supplements, nutraceuticals, cosmetic equipment and fitness equipment. The services market is mainly made up of cosmetic invasive and noninvasive services, complementary and alternative medicine therapies, bioregenerative services, spa treatments and massages, and gym services.

With many baby boomers hitting that age where their skin is of concern, you can expect the market to become flooded with anti aging skin care products, such as wrinkle creams, eye creams, eye serums, anti-aging capsules, and of course, moisturizers.