Spa Global Market Report 2023 – By Service Type (Massage, Beauty or Grooming, Physical Fittness, Other Service Types), By Facility Type (Hotel or Resorts Spa, Destination Spa, Day or Salon Spa, Medical Spa, Mineral Spring Spa, Other Facility Types), By End User Sex (Male, Female) – Market Size, Trends, And Global Forecast 2023-2032

Personal care services are hands-on assistance with critical day-to-day activities that a person cannot perform independently. Personal care services are provided to eligible beneficiaries to help stay in their own homes and communities rather than live in institutional settings, such as nursing homes. The main types of personal care services are beauty salons, diet and weight reducing centers, spas & massage, and other personal care services. A beauty salon, sometimes known as a beauty parlor, is a place where men and women can have aesthetic treatments. The different categories include mass, and premium and are distributed through various channels such as specialty retail stores, supermarkets/hypermarkets, convenience stores, pharmacies/drug stores, online retail channels, and others. The global personal care services market is segmented - 1) By Type: Beauty Salons, Diet And Weight Reducing Centers, Spas & Massage Parlors, Other Personal Care Services 2) By Category: Mass, Premium 3) By Distribution Channel: Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, Other Distribution Channels Subsegments Covered: Hair Salons, Body Beauty Salons, Nail Salons, Tattoo Parlors, Hair Replacement Services, Other Services The global personal care services market size will grow from $401.96 billion in 2022 to $439.46 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of personal care services market is expected to grow to $610.53 billion in 2027 at a CAGR of 8.6%. Population aging will be a driver of the personal care services market going forward. During 2018-2022, the number of people over 65 is expected to increase from approximately 550 to 650 million globally, an increase of 18% according to the Population Reference Bureau. The increasing size of the geriatric population coupled with an increasing focus on healthy lifestyles among the geriatric population will increase the demand for personal care services such as spa and massage services, driving the market. Major companies in the personal care services market include Fantastic Sams, Weight Watchers International Inc., Tivity Health, Regis Corporation, Jenny Craig Inc., Bosley Inc., Norwegian Cruise Line Holdings, Hair Cuttery, Bijin Salon Spa and Great Clips. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the personal care services market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the personal care services market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Beauty salons are using organic products to cater to the increasing demand for healthy products. Organic products are natural products that are prepared using natural or organic ingredients without the use of harmful chemicals. The supply of locally-sourced raw materials makes organic products more accessible and affordable to the customers. Some of the organic products being used by hair salons include organic hair oil, hair spray, shampoos, hair gels, hair colors, dyes, and other hair styling products. The organic personal care market is expected to grow at 10% to reach $25 billion by 2025, thus indicating a significant potential for organic salons. Hair salons such as Organic Natural Hair salon uses organic products. Asia-Pacific was the largest region in the personal care services market in 2022. North America was the second-largest region in personal care services market. The regions covered in the personal care services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the personal care services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The personal care services market consists of revenues earned by entities providing services such as cutting, trimming, shampooing, coloring, waving, or styling hair, body massage, aromatherapy, hydrotherapy, and reflexology, and other related services. Establishments in the personal care services industry include barber shops or hair salons, tattoo parlours, and hair replacement services providers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The personal care services market research report is one of a series of new reports from The Business Research Company that provides personal care services market statistics, including personal care services industry global market size, regional shares, competitors with a personal care services market share, detailed personal care services market segments, market trends and opportunities, and any further data you may need to thrive in the personal care services industry. This personal care services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Medical spa refers to a unique combination of medicine and aesthetics that offers high-quality cosmetic treatments in a pleasant and soothing setting that are medically advised and overseen. These therapies are aesthetic and are primarily used to rejuvenate or enhance a person's appearance. The main services in a medical spa are skin rejuvenation, facial injectables, body shaping, hair removal, and other services. Skin rejuvenation refers to an aesthetic treatment used to restore the skin from dullness, skin damage, and exposure to the sun. The treatment is performed under the supervision of licensed and well-trained staff. The medical spa services are utilized by men and women of adolescent, adult, and geriatric age groups. The global medical spa market is segmented – 1) By Serice: Skin Rejuvenation, Facial Injectable, Body Shaping, Hair Removal, Other Services 2) By Age: Adolescent, Adult, Geriatric 3) By User: Women, Men The global medical spa market size grew from $14.58 billion in 2022 to $16.49 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global medical spa is expected to grow to $26.72 billion in 2027 at a CAGR of 12.8%. The rise in demand for aesthetic procedures is expected to propel the growth of the medical spa market. The aesthetic procedure refers to procedures that improve the face and body appearance. There has been a growing emphasis on the body and beauty for identity and self-expression. According to The American Society for Aesthetic Plastic Surgery, in 2021, facial procedures increased by 54 percent and aesthetic body procedures shot up by 63 percent from 2020. Thus, the rise in demand for aesthetic procedures will drive the medical spa market. Major players in the medical spa market are Allure MedSpa, ?Chic La Vie, Clinique La Prairie, Biovital MedSpa LLC, Canyon Ranch, Hyatt Corporation, True Skin Care Center, Vilalara Longevity Thalassa & Medical Spa, Westchase Medspa LLC, Kurotel Longevity Medical Center and Spa, Sha Wellness Clinic, Cocoon Medical Spa, Dermani Medspa, Spa Vitoria, and Bijoux Medi-Spa. Technological advancement is a key trend gaining popularity in the medical spa market. Medical spa service providers are moving toward technologically advanced treatments to make the experience for customers more effective. Some of the new technological innovations in medical spas are radiofrequency body contouring, radiofrequency microneedling, BTL aesthetics emsculpt, hydrafacial or dermal infusion toning, and muscle-sculpting treatment. In January 2022, Renew Medical Aesthetics, a Wisconsin-based provider of medical spa services, launched a new range of lip filler aesthetic treatments in two options mini (half syringe) and full syringe. In October 2021, Laser MD Medspa, a US-based premier medical spa services company acquired Young Medical Spa for an undisclosed amount. As a result of this acquisition, Laser MD Medspa is planning to grow its business in four locations across Pennsylvania. The company is also focusing on expanding its business footprint in more than 15 locations within the northeastern and Mid-Atlantic regions of the USA. Young Medica Spa is a USA-based provider of medical spa services. North America was the largest region in the medica spa market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medica spa market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the medical spa market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The medical spa market includes revenues earned by entities by botulinum toxin injections, injectable dermal fillers, nonsurgical fat reduction, laser hair removal, microdermabrasion, laser skin resurfacing and tattoo removal. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The medical spa market research report is one of a series of new reports from The Business Research Company that provides medical spa market statistics, including medical spa industry global market size, regional shares, competitors with a medical spa market share, detailed medical spa market segments, market trends and opportunities, and any further data you may need to thrive in the medical spa industry. This medical spa market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aromatherapy refers to devices which utilize essential oils extracted from nature, such as plants, either to be inhaled or applied to the body to promote health and well-being. The aroma molecules in essential oils move straight from the olfactory nerves to the brain when inhaled, and affecting the amygdala, the brain's emotional center. Aromatherapy helps in reducing pain, enhances sleep quality, reduces joint pain, reduces stress, and others. The main types of aromatherapy products include equipment and consumables. Aromatherapy equipment refers to electronic or non-electronic device, that breaks down essential oil into molecules and disperses them into air in the form of tiny breathable particles. They are delivered through topical application, areal diffusion, and direct inhalation. They are used for relaxation, skin & hair care, pain management, cold & cough, scar management, insomnia, and others. They are sold through B2B and DTC channels to customers from home use, sap & wellness centers, hospitals & clinics, yoga & meditation centers. The global aromatherapy market is segmented - 1) By Product Type: Consumables, Equipment 2) By Delivery Outlook: Topical Application, Aerial Diffusion, Direct Inhalation 3) By Application: Relaxation, Skin & Hair Care, Pain Management, Cold & Cough, Insomnia, Scar Management, Other Applications 4) By End-Use: Home Use, Spa & Wellness Centers, Hospitals & Clinics, Yoga & Meditation Centers 5) By Distribution Channel: D2C, B2B The global aromatherapy market size grew from $1.77 billion in 2022 to $1.93 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The aromatherapy market size is expected to grow to $2.75 billion in 2027 at a CAGR of 9.2%. Rising stress, anxiety, and depression among people is driving the growth of the aromatherapy market. The COVID-19 pandemic has caused numerous changes in individual lives, including uncertainty, disrupted daily routines, financial strains, and social isolation, leading to increased tension, worry, and sadness. The individuals are looking out for ayurvedic and chemical free methods such as aromatherapy to reduce, anxiety and depression. According to a scientific brief issued today by the World Health Organization (WHO) in March 2022, the global occurrence of anxiety and sadness soared by a staggering 25% in the first year of the COVID-19 pandemic. Therefore, the rising stress, anxiety, and depression among people is expected to boost demand for aromatherapy during forecast period. Major players in the aromatherapy market are doTERRA, Young Living Essential Oils, Edens Garden, Mountain Rose Herbs, Plant Therapy Essential Oils, Rocky Mountain Oils, LLC, Florihana, Falcon, Biolandes, Stadler Form Aktiengesellschaft, Hubmar International, SpaRoom, Now foods, Zija international, and Nu skin. Product innovation is a key trend gaining popularity in the aromatherapy market. The companies are focusing on developing innovative equipment and consumables with greater effectiveness to meet the customer demand and strengthen their business reach. One of the recent developments in aromatherapy is usage of CBD in aromatherapy and diffusers. CBD oil is similar to essential oils, made from the direct extraction of oil from the cannabis plant. It has the potential to provide an even higher degree of treatment, hence extending the therapeutic advantages of essential oils. Adding CBD to the mix produces a whole new level of medicinal value that can be much more soothing, has more profound stress relief, and can help control symptoms like inflammation and pain. In January 2022, Martha Stewart CBD, a brand operated by Canopy Growth, a USA-based provider of cannabis and cannabis-based consumer products, lunched new line of products sleep science CBD cream and Daily De-Stress CBD cream with aroma technology. In January 2022, Mensa Brands, an India-based company specializing in fashion and apparel, home and garden, beauty, and personal care, acquired Florona for an undisclosed amount. This acquisition will help them create a line of aromatherapy bath products and natural skincare and haircare solutions, expand their footprint into new areas, and build a tech-driven global supply chain. Florona is personal care brand involved in providing aromatherapy and natural personal care products. Florona offers over 70 different kinds of natural oils, including diffuser essential oils and cold-pressed carrier oils. Western Europe was the largest region in the aromatherapy market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aromatherapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aromatherapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The aromatherapy market consists of revenues earned by entities by providing cosmetic aromatherapy, medical aromatherapy and massage aromatherapy. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aromatherapy market research report is one of a series of new reports from The Business Research Company that provides aromatherapy market statistics, including aromatherapy industry global market size, regional shares, competitors with an aromatherapy market share, detailed aromatherapy market segments, market trends and opportunities, and any further data you may need to thrive in the aromatherapy industry. This aromatherapy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The essential oil refer to the oils as concentrated plant extracts that retain the natural flavor, essence, and smell of their source. These types of oils are mainly used in aromatherapy. The main types of essential oils are orange oil, lemon oil, lime oil, peppermint oil, cornmint oil, citronella oil, spearmint oil, geranium oil, clove leaf oil, and eucalyptus oil. Orange essential oil is extracted from the rind of the sweet orange, Citrus sinensis. The methods used for extracting essential oils include distillation, carbon dioxide extraction, cold press extraction, solvent extraction, and other extraction methods. The major uses of essential oils can be seen in the food and beverage industry, aromatherapy, cosmetics and toiletries, pharmaceuticals, cleaning and home care, animal feed, and fragrance industries. The global essential oils market is segmented - 1) By Type: Orange Oil, Lemon Oil, Lime Oil, Peppermint Oil, Cornmint Oil, Citronella Oil, Spearmint Oil, Geranium Oil, Clove Leaf Oil, Eucalyptus Oil 2) By Method of Extraction: Distillation, Carbon Dioxide Extraction, Cold Press Extraction, Solvent Extraction, Other Method Of Extraction 3) By Application: Food & Beverage, Aromatherapy, Cosmetics & Toiletries, Pharmaceuticals, Cleaning & Home Care, Animal Feed, Fragrances The global essential oils market size grew from $13.64 billion in 2022 to $15.21 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global essential oils is expected to grow to $25.93 billion in 2027 at a CAGR of 14.3%. The growing spa industry across the globe is expected to propel the growth of the essential oils market. Essential oils are used in aromatherapy, a form of alternative medicine to support health and well-being. Consumer preference is increasing for natural and organic oil products all around the globe. For instance, according to the Global Wellness Institute, in 2020 there were over 1,60,000 spas, earning $68 billion in revenue globally. Spa revenue was growing by 8.7% annually prior to 2020. Therefore, the increasing spa industry across the globe is driving the growth of the essential oils market. Major players in the essential oils market are Givaudan SA, Young Living Essential Oils, The Lebermuth Company Inc., Symrise, Essential Oils of New Zealand, International Flavors & Fragrances Inc., Robertet SA, BIOLANDES SAS, Cargill Inc., DuPont, Koninklijke DSM N.V., dôTERRA International LLC, Sensient Technologies Corporation, Firmenich SA, Mane, Rocky Mountain Oils LLC, Falcon, Farroti, and Indian Essential Oils. New product launches are a key trend gaining popularity in the essential oils market. For instance, in October 2020, doTERRA, a multi-level marketing company based in Pleasant Grove, Utah that sells essential oils and related products, announced several new essential oil products and diffusers like Helichrysum Touch, which is an ideal balance of Helichrysum oil and fractionated coconut oil used to promote a youthful complexion, glow, and reduce signs of aging. In December 2020, NEW WAVE HOLDINGS CORP., which is engaged in the research and development of mushroom products, including psychedelic substances, acquired Way of Will Inc. for an undisclosed amount. The acquisition will provide capital and support services to NEW WAVE HOLDINGS CORP. Way of Will Inc., a Canadian retailer of aromatherapy products, which uses natural aromatic plants and essential oils to promote healthy outcomes. North America was the largest region in the essential oils market in 2022. Asia-Pacific is expected to be the fastest-growing region in the essential oils market during the forecast period. The regions covered in the global essential oils market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the essential oils market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The essential oil market consists of sales of essential oil products such as lavender, roman chamomile and hyssop. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The essential oils market research report is one of a series of new reports from The Business Research Company that provides essential oils market statistics, including essential oils industry global market size, regional shares, competitors with essential oils market share, detailed essential oils market segments, market trends and opportunities, and any further data you may need to thrive in the essential oils industry. This essential oils market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The personal care ingredients are used in skincare, haircare, oral care, and make-up products. The ingredients used in the product are usually obtained through synthetic and natural sources. Synthetic materials include parabens, sodium lauryl sulfate, formaldehyde, and propylene glycol; whereas natural ingredients include cocoa butter, coconut oil, soy seeds, and essential oils. The main type of personal care ingredients are emollients, surfactants, emulsifiers, rheology modifiers, conditioning polymers, and others. . Emollients are the natural ingredients used in personal care products that help hair and skin to soften and moisturize. Surfactants are compounds that are compatible with water and oil which lower the surface tension between two liquids and are used to clean and foam in shampoos and hair conditioners, shower gels, liquid soaps and bath additives. Emulsifiers keep unlike ingredients such as oil and water from separating in an emulsion and are used in creams and lotions to mix water with oils. Rheology modifiers are thickeners or viscosity modifiers that give control over the viscosity, suspension and texture of advanced personal care and home care solutions. Conditioning polymers absorb into the proteins of the skin and hair improving skin feel and hair manageability, making the skin and hair softer and smoother. The types of sources for extracting personal care ingredients include natural and synthetic and these ingredients. These personal care ingredients are used in skincare, hair care, oral care, cosmetics, and other applications. The global personal care ingredients market is segmented - 1) By Ingredients: Emollients, Surfactants, Emulsifiers, Rheology Modifiers, Conditioning Polymers, Other Ingredients 2) By Source: Natural Ingredients, Synthetic Ingredients 3) By Application: Skin Care, Hair Care, Oral Care, Cosmetics, Other Applications The global personal care ingredients market size grew from $14.06 billion in 2022 to $15.15 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global personal care ingredients is expected to grow to $19.94 billion in 2027 at a CAGR of 7.1%. The increasing young population would contribute to the demand for personal care ingredients market in the forecast period. The growing desire to look good and presentable drives the demand for personal care products for the increasing youth population. For instance, in 2019, the global youth population aged 15 to 24 years was 1.2 billion, which is expected to increase to around 1.4 billion by 2065. The increase in the youth population is expected to drive the personal care products demand, thereby driving the market growth in the future. Major players in the personal care ingredients market are BASF SE, Ashland, Solvay, Dow, Clariant, Croda International PLC., Evonik Industries AG, J.M. Huber Corporation, Solvay S.A, Huntsman International LLC, The Lubrizol Corporation, Akzo Nobel N.V, Pharmacos, Nouryon, Lonza, Berkshire Hathaway Inc., KCC Corporation, Galaxy Surfactants, Oxiteno, Eastman Chemical Company, SABIC, Symrise, Sinerga S.p.A., SG Ceresco Inc., PRIDE SEEDS, Grain Millers Inc., Innospec, AEP Colloids, and Jarrow Formulas Inc. Side effects of chemical based personal care products could act as a restrain for the personal care ingredients market in the forecast period. The common side effects of using substandard quality and unregulated chemical based personal care products include allergies, discoloration, texture alteration or permanent damage to the skin or hair. Some common chemicals found in beauty products, like such as paraben, used as a preservative in deodorants, moisturizers, shampoos, body wash and makeup increases chances of breast cancer as it has a chemical structure similar to that of estrogen. The detrimental effects of using chemical based personal care products impacts the market for personal care ingredients in the forecast period. Key companies functioning in the market are focusing on new product innovations to meet the demand of the consumers and benefit the users while maximize revenues. For instance, in 2020, Germany based chemicals company, BASF SE partnered with Netherlands based Isobionics to launch Santalol, an alternative to sandalwood oil, produced on a biotechnological basis from renewable raw materials. The new alternative prevents depletion of natural resources and is suitable for use in perfumes and other personal care products. In June 2020, Givaudan, a Switzerland-based manufacturer of fragrances, flavors, and active cosmetic ingredients acquired Indena's cosmetics business for an undisclosed amount. The acquisition will expand the capabilities of Givaudann’s active beauty business with Indena’s commitment to continue manufacturing ingredients for Givaudan and to provide innovation capabilities and other supporting services to the company. Indena is an Italy-based company engaged in the development, identification, and production of high-quality active ingredients derived from plants, for use in the health food, pharmaceutical, and personal care industries. North America was the largest region in the personal care ingredients market in 2022. Europe was the second largest market in personal care ingredients market share . The regions covered in the personal care ingredients market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the personal care ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The personal care ingredients market consists of sales of preservatives, UV filters and antioxidants. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The personal care ingredients market research report is one of a series of new reports from The Business Research Company that provides personal care ingredients market statistics, including personal care ingredients industry global market size, regional shares, competitors with a personal care ingredients market share, detailed personal care ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the personal care ingredients industry. This personal care ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Anti-aging refers to a term used to describe substances meant to slow down or stop the ageing process. It is described as a method for halting, delaying, or reversing the ageing process in humans. The main types of products in anti-aging are UV absorbers, anti-wrinkle products, dermal fillers, Botox, and anti-stretch mark products. The UV absorbers are used to disperse ultraviolet light into a lower energy state. These are commonly used to protect polymers by blocking UV light from damaging the polymer. The different treatments include hair restoration, adult acne therapy, breast augmentation, liposuction, chemical peels, and others and involve various demographics such as generation X, baby boomers, generation Y, and generation Z. It is used in anti-wrinkle treatment, anti-pigmentation, skin resurfacing, and other applications and is implemented in several sectors, including hospitals, clinics, and home healthcare. The global anti aging market is segmented - 1) By Product Type: UV Absorbers, Anti-Wrinkle Products, Dermal Fillers, Botox, Anti-Stretch Mark Products 2) By Treatment: Hair Restoration, Adult Acne Therapy, Breast Augmentation, Liposuction, Chemical Peel, Other Treatments 3) By Demographic: Generation X, Baby Boomers, Generation Y, Generation Z 4) By Application: Anti-Wrinkle Treatment, Anti-Pigmentation, Skin Resurfacing, Other Applications 5) By End-User: Hospitals, Clinics, Home Healthcare The global anti aging market size will grow from $50.1 billion in 2022 to $54.5 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the anti aging is expected to grow to $72.06 billion in 2027 at a CAGR of 7.2%. The increase in demand for cosmetic products is significantly driving the growth of the anti aging market. Anti-aging cosmetics are a subset of cosmetics that focus on reducing the effects of ageing and wrinkles on the human skin. The use of these cosmetics in treatments or post-treatments enhances the results of anti-aging surgery. For instance, according to Cosmetics Europe, a European trade association for cosmetics, the cosmetics and personal care industry contribute at least €29 billion (USD 33.14 billion) to the European economy each year, and the number of people who use cosmetics is rapidly increasing, with the number of people using cosmetics in Europe exceeding 500 million by 2020. Hence, the growing demand for cosmetic products is expected to propel the growth of the anti aging market going forward. Major players in the anti aging market are Allergan plc, L'Oréal S.A., Beiersdorf, The Estée Lauder Companies Inc., The Procter & Gamble Company, Shiseido Cosmetics., Unilever PLC, Lumenis, Home Skinovations Ltd., Nu Skin Enterprises Inc., Galderma SA, Koninklijke Philips NV, Alma Lasers, PhotoMedex, Candela Corporation, Hologic Inc., Pierre Fabre S.A., and Galderma SA. Technology advancements are shaping the anti aging market. Major companies operating in the anti-aging sector are focused on developing new technological solutions to meet consumer demand and strengthen their position. For instance, in March 2021, Laboratoires Pierre Fabre, a France based pharmaceutical and cosmetics company, launched the TRIASORB sun protection product based on its patented technology. TRIASORB is the first organic filter having a special capacity to absorb and reflect damaging sun radiation, such as UVB, short UVA, and long UVA rays, as well as intense visible blue light. In September 2020, Grifols, S.A., a Spain-based pharmaceutical and chemical manufacturer, acquired Alkahest, Inc., for $146 million. Through this acquisition, Grifols will increase its discovery research and development based on knowledge of the human plasma proteome to find novel treatments for age-related disorders. Grifols and Alkahest will be able to develop new plasma proteins, new uses for presently licensed plasma proteins, biomarkers for diagnostics, recombinant proteins and antibodies, as well as small-molecule medications, thanks to this special proteomic platform of targets. Alkahest is a US-based clinical stage biopharmaceutical company committed to fully comprehending the human plasma proteome and specializing in plasma proteins and their recombinant equivalents that have been identified as potential medicinal drugs. North America was the largest region in the anti aging market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anti aging market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the anti aging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The anti aging market consists of sales of topical agents, antioxidants Cell regulators, and invasive procedures. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The anti aging market research report is one of a series of new reports from The Business Research Company that provides anti aging market statistics, including anti aging industry global market size, regional shares, competitors with an anti aging market share, detailed anti aging market segments, market trends and opportunities, and any further data you may need to thrive in the anti aging industry. This anti aging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Anti-stretch mark products refer to organic and inorganic effective formulations applied over the skin to lower the appearance of scars and marks on the abdomen, breasts, hips, and other parts on the body. These products improve elastic and boost collagen synthesis. The main types of anti-stretch mark products include creams, body butter, lotions, serum, and massage oil. The anti-stretch mark creams refer to semisolid dosage forms containing more than 20% water or volatile components. These creams are mostly used to apply them to the skin and they evenly spread all over the face. Both conventional and organic anti-stretch mark products are used by kids and adults, and they are distributed through hypermarkets & supermarkets, pharmacy & drug stores, specialty stores, oil stores, and others. The global anti-stretch mark products market is segmented - 1) By Product Type: Creams, Body Butter, Lotions, Serum, Massage Oil 2) By Nature: Organic, Conventional 3) By End User: Adults, Kids 4) By Distribution Channel: Hypermarket & Supermarket, Pharmacy & Drug Stores, Specialty Store, Online, Other Distribution Channels The global anti-stretch mark products market size grew from $1.49 billion in 2022 to $1.6 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The anti-stretch mark products market size is expected to grow to $2.16 billion in 2027 at a CAGR of 7.7%. Increasing individual attention toward self-care is expected to propel the growth of the anti-stretch mark products market. Self-care refers to the practice of protecting one’s own physical and mental health through various activities including exercise, nutrition, stress reduction, and others. Individuals are increasing spending their quality time and expenditure on enhancing both internal and external beauty through skin products including anti-stretch mark products. For instance, according to the cross-sectional survey conducted by the Department of Pharmaceutical Technology, JIS University between April and May 2020, more than 61% of respondents reported daily use of skin care products. Therefore, increasing individual attention towards self-care is expected to boost demand for anti-stretch mark products during the forecast period. Major players in the anti-stretch mark products market are Clarinis, E.T Browne Drug Co., Himalaya Global Holdings Ltd., Basq Skin Care, Weleda AG, Dermaclara Inc., Mama Mio, Mustela, Crown Laboratories, Inc., Earth Mama Organics, Union Swiss Ltd., The Clorox Company (Burt’s Bees), Vichy Laboratories, and Nyka. Technological advancement is a key trend gaining popularity in the anti-stretch mark products market. The companies operating in the anti-stretch mark products market are focusing on developing products with innovative ingredients and better outcomes to meet end-customer demand and increase their market presence. For instance, In February 2021, Dermaclara, a USA-based skin brand involved in offering products related to stretch marks, scars & wrinkles, launched enhanced silicone fusion stretch mark patches and kit, which is used to stimulate collagen regulation and reduce stretch marks during and post pregnancy. In August 2021, Crown Laboratories, a US-based company that manufactures skincare products, announced its acquisition of StriVectin for an undisclosed amount. With this acquisition, StriVectin will become part of Crown Laboratories and operates under Crown Laboratories. It will become part of Crown’s new premium skincare division. StriVectin is an USA-based company involved in R&D, manufacturing, and distribution of anti-aging products including moisturizers, serums, and eye creams. North America was the largest region in the anti-stretch mark products market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anti-stretch mark products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the anti-stretch mark products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The anti-stretch mark products market consists of sales of anti-stretch mark gel that is used to reduce the development of striae gravidarum. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The anti-stretch mark products market research report is one of a series of new reports from The Business Research Company that provides anti-stretch mark products market statistics, including anti-stretch mark products industry global market size, regional shares, competitors with an anti-stretch mark products market share, detailed anti-stretch mark products market segments, market trends and opportunities, and any further data you may need to thrive in the anti-stretch mark products industry. This anti-stretch mark products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Recreation refers to all the activities that people choose to refresh their minds and bodies and make their free time more enjoyable and interesting. Recreation improves concentration skills and the ability to manage anxiety and stress. Enhanced social skills develop skills such as cooperation and teamwork, and a great way to have fun, meet new people and develop friendships. The main types of recreation are amusements, arts, and sports. Sports services provide live sporting events before a paying audience or entities that operate golf courses and country clubs, skiing facilities, marinas, fitness and recreational sports centers, and bowling centers. The different age groups include aged 35 and younger, aged 35-54, aged 55 and older, and involve various revenue sources such as media rights, merchandising, tickets and sponsorship. The global recreation market is segmented - 1) By Type: Amusements, Arts, Sports 2) By Age Group: Aged 35 and Younger, Aged 35-54, Aged 55 and Older 3) By Revenue Source: Media Rights, Merchandising, Tickets and Sponsorship Subsegments Covered: Amusement Parks, Gambling, Museums, Historical Sites, Zoos, And Parks, Independent Artists And Performing Art Companies, Sports And Arts Promoters, Spectator Sports, Participatory Sports The global recreation market size grew from $1,443.83 billion in 2022 to $1,900.67 billion in 2023 at a compound annual growth rate (CAGR) of 31.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global recreation market is expected to grow to $2,194.09 billion in 2027 at a CAGR of 3.7%. The recreation market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) stated that the global GDP growth was 3.5% in 2020, up from 3.2% in 2019. Recovering commodity prices are further expected to aid market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, India's GDP grew by 7.2%, whereas China registered a GDP growth of 6.0% in 2020. Stable economic growth is expected in end-user markets, thereby driving the market during the forecast period. This continued economic growth is expected to increase investments in the end-user markets and be a driver of the recreation market as greater affluence allows consumers to visit recreation centers. Major companies in the recreation market include China Sports Lottery, China Welfare Lottery, The Walt Disney Company, Sociedad Estatal Loterías y Apuestas del Estado S.A., Maruhan, Flutter Entertainment plc, The Hong Kong Jockey Club, Tabcorp Holdings Ltd., CJ Corp, and Oriental Land Company Ltd. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the recreation market in 2020 as governments globally imposed lockdowns and restricted domestic and international travel limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in the closure of recreational facilities such as amusement parks, museums, and casinos with countries entering a state of 'lockdown' and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the recreation market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Amusement parks are increasingly using virtual and augmented reality technology to provide an immersive experience to customers. Virtual reality is a 3D, computer-generated environment that can interact with a person, whereas augmented reality turns an environment into a digital interface by placing virtual objects in the real world. Amusement parks are implementing this technology in rides and theater-based attractions. For instance, Plopsaland De Panne in De Panne, Belgium has a new virtual reality wooden roller coaster called Heidi The Ride, which can reach speeds of more than 43 mph. Amusement park SeaWorld has started operating a new Kraken Virtual Reality Roller Coaster in Orlando. The Weave Breaker coaster brings the reality of jet skiing in an amusement park. Universal Studios have The Walking Dead mazes with augmented reality elements. Asia-Pacific was the largest region in the recreation market share in 2022. Eastern Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the global recreation market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the recreation market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The recreation market includes revenues earned by entities by operating amusements facilities, operating facilities or providing services for cultural, entertainment, and recreational interests, providing live sporting events before a paying audience, and operating golf courses and country clubs, skiing facilities, marinas, fitness, and recreational sports centers, and bowling centers. Gambling, except casino hotels, can also be considered to be part of the recreation market. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The recreation market research report is one of a series of new reports from The Business Research Company that provides recreation market statistics, including recreation industry global market size, regional shares, competitors with a recreation market share, detailed recreation market segments, market trends, and opportunities, and any further data you may need to thrive in the recreation industry. This recreation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.