Xophoria Skin Care Anti-Aging in Michigan
Xophoria from Xocai (MXI Corp) will revolutionize the cosmeceutical industry! Living young. It was the dream. Today, it’s the reality. With the anti-aging sector poised for rapid growth amongst an industry forecasted to rise to $9.9 billion in the US in 2016, Cosmetics Design takes a look at advances within the sector so far in 2012. http://www.cosmeticsdesign-
And there’s a global movement to prove it. By 2015, the anti-aging industry will grow by:
76% in the U.S.
73% in Europe
72% in Japan
82% in Asia Pacific
The global wellness products industry is a $569 billion industry, and anti-aging is one of the fastest growing categories.
The global cosmetics and toiletries industry is a $333 billion industry, and anti-aging is its largest growing segment.
In fact, the anti-aging market is projected to reach a TRILLION dollars by 2025.
The strong desire of consumers to look and feel healthy as they age fuels business potential.
- Despite the economic downturn, consumers are spending money on anti-aging products, indicating that they prize the retention of their youthful looks above all other areas of beauty and personal care.
- In fewer than 10 years, people aged 65 years and older will outnumber children under 5 for the first time in history.
- The over-65 population is expected to double by 2050.
- Almost 80% of Baby Boomers are taking steps to feel and remain young.
- More than 90% of consumers are interested in learning how to achieve a healthy lifestyle.
Over the past few generations, perceptions, attitudes, and behaviors related to aging have changed. While past generations adopted a more passive, less involved view of aging, NOW PEOPLE ARE TAKING A VERY ACTIVE, COMPLEX, AND DELIBERATE APPROACH TO ANTI-AGING. The desire to retain a younger look and feel isn’t restricted to an older generation. Modern men and women are making changes in their lifestyles to increase their life spans. They are beginning their skin care treatments at a YOUNGER AGE and are spending more time and money on PRODUCTS THAT MINIMZE THE SIGNS OF AGING. With younger consumers hoping to preserve their youth before the onset of aging, the consumer group for anti-aging products expands from middle-aged and older consumers to younger consumers between 26 to 38 years.
The trend in aging solutions, like cosmetic surgery, is also changing. People are shifting from difficult reconstructive procedures to delicate, less invasive options. While people today are happy to turn back the clock in terms of their attitude to their age, 80% of respondents said they would not consider cosmetic surgery when they’re older, led by 86% of people in Asia-Pacific. Source.
Anti-aging is about how to prevent, slow, or reverse the effects of aging and help people live longer, healthier, and happier lives. Over the past few generations, perceptions, attitudes, and behaviors related to aging have changed. While past generations adopted a more passive, less involved view of aging, NOW PEOPLE ARE TAKING A VERY ACTIVE, COMPLEX, AND DELIBERATE APPROACH TO ANTI-AGING. Although men and women approach aging differently, both groups are motivated to look and feel younger as they age. However, the majority of anti-aging products and technologies on the market only deal with the signs of aging, with few products focusing on the sources. With patented technologies and exclusive product formulations designed to help you look and consequently feel younger longer. Source.
BOOMERS LEAD THE ANTI-AGING MARKET
Born between 1946 and 1964, there are approximately 450 million baby boomers worldwide (source: MIT AgeLab).
THE OVER-50 SEGMENT IS THE FASTEST GROWING GLOBAL POPULATION AND PREDICTED LIFE EXPECTANCIES ARE HISTORICALLY HIGH. One study suggests that on average, people could be living a decade longer by 2050. In the United States, someone turns 50 once every seven seconds. Over the next few years, 50% of Europe’s population will be age 65 and older. In Italy, retirees will outnumber active workers by 2030. By 2050, the average age in Thailand will increase to 50. (Source: MIT AgeLab.)
And in the U.K., baby boomers currently number 20 million and hold 80% of the nation’s wealth (source: BBC). Recent statistics suggest that Japan has more than 36,000 citizens aged over 100. In countries in the Asia Pacific region, the population of individuals aged 65 and older is increasing at almost double the speed of the same population in the U.S. and Europe. “Old age” is being postponed in today’s society, as many 50-64 year-olds are just as active (or more active) as many of their younger counterparts. In fact, boomers are driving the health club and gym service market and most consider fitness an essential part of health maintenance. Source.
79% of boomers see this time in their lives as a time to be more active and involved in a variety of activities.