The Global Market for Anti-Aging Products and Services Is Expected To Increase To $274.5 Billion By The Year 2013
Wellesley, Mass—According to a new technical market research report, the global market for anti-aging products and services was worth $162.2 billion in 2008.
This is expected to increase to $274.5 billion by 2013, for a Compound Annual Growth Rate (CAGR) of 11.1%. That is a 69.2% increase expected over the next 4 years in The Global Market for Anti-Aging Products and Services!!!
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The appearance segment has the second largest share of the market, worth $64.4 billion in 2008. This segment is expected to generate $105.4 billion in 2013, for a CAGR of 10.4%.
The fitness segment has the third largest market share and was worth $31.8 billion in 2008. This is expected to reach $49.8 billion in 2013, for a CAGR of 9.4%.
The appearance market consists of the facial rejuvenation, skin rejuvenation, hair care and body shaping markets. The disease management market consists of preventive and reactive health care for all the diseases of aging such as joint and bone health, Alzheimer’s, sexual dysfunction, metabolic disorders, eye and cardiovascular diseases. The fitness market consists of gym, spa and massage services.
The global anti-aging market is further categorized by the products market and services market. The majority of the products include facial care, skin care, hair care, drugs and supplements, nutraceuticals, cosmetic equipment and fitness equipment. The majority of the services market includes cosmetic invasive and noninvasive services, complementary and alternative medicine therapies, bioregenerative services, spa treatments and massages, and gym services.
The services market accounts for a major portion of the global anti-aging market, or around 54.2% in 2008, and will increase to 55.6% in 2013, for a CAGR 11.7%. The products market will increase from $73.3 billion in 2008 to $199.9 billion in 2013, for a CAGR 10.4%
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Angela Brooks is a Renegade Professional and Super Guide. She has learned Attraction Marketing with Mike Klingler since 2008. Online Attraction Marketing has been a breath of fresh air after years of cold calling, return calling with poor results.Angela knows the effort it takes to juggle your passion around fulltimenight job,2 busy boysand life. It is exhilarating to develop strength and skill set within you that is brand new with Attraction Marketing.