The global stretch mark treatment market will be driven by the increase in the prevalence of obesity in the population during the forecast period 2021-2026
Expert Market Research’s new report titled “Global Stretch Marks Treatment Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026”, provides an in-depth analysis of the global Stretch Marks Treatment Market, assessing the market based on its segments like processing, end uses and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026):
• Historical market size (2020): 1.6 billion USD
• Forecast CAGR (2021-2026): 6%
• Forecasted market size (2026): 2.2 million USD
Stretch marks are increasingly common among people of all ages, fueling the growth of the global stretch mark treatment industry. One of the most important causes of stretch marks is the increase in obesity due to increased consumption of high calorie fatty foods and an inactive lifestyle. The increased demand for stretch mark care is driven by factors such as increased awareness among pregnant women who are particularly vulnerable to stretch marks, urbanization, and effective advertising from manufacturers.
Industry definition and major segments
Stretch marks appear as sunken lines on the stomach, hips, breasts, buttocks and thighs. Stretch marks can develop during pregnancy, especially in the last trimester, due to heredity, overweight or obesity. Stretch marks do not require medical intervention. They are harmless and may disappear over time.
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On the basis of processing, the market is split into:
• Topical products
• Oils and serum
• Fractional lasers
• Pulsed dye lasers
On the basis of end uses, the market is split into:
• Specialized dermatology centers
• Use at home
Based on Region, the market is segmented into:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
During the forecast period, the stretch mark treatment market is expected to grow at a healthy rate. The expansion of the market is largely attributed to the rising prevalence of obesity worldwide, along with the increase in the number of births, which has led to an increase in women’s concern about stretch marks. Obesity has tripled worldwide since 1975, according to the World Health Organization (WHO). About 1.9 billion people were overweight in 2016-2017, of which more than 650 million were obese. According to the WHO, the majority of the world’s population resides in countries where obesity and overweight kill more people than underweight. Also, both developed and developing countries have a high number of births, which increases the demand for stretch mark care products. Topical therapy dominates the stretch mark treatment industry. The high cost of other therapies like laser and microdermabrasion is largely to blame. Another aspect of the growth of this segment is the accessibility and ease of use of the products. The majority of women treat their stretch marks at home with creams, lotions or oils. In addition, the cost of these items is lower, making them more accessible to people with low to middle incomes. Due to better healthcare options and large target population in this field, North America is expected to hold the largest share of the market studied. Stretch mark care is in high demand in the United States, so companies are focusing more on this developed economy.
Main market players
The main market players are Laboratoires Expanscience, the Clarins Group [Groupe Clarins SA]Merz North America, Inc. [Merz GmbH & Co. KGaA]ET Browne Drug Co., Inc., Cynosure, Inc. [Hologic, Inc.]Candela Corporation, Union-Swiss (Pty) Ltd., Basq Skincare, The Boppy Company, LLC [Artsana], Helix BioMedix, Inc., Weleda AG, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
Note 2: As the novel coronavirus (COVID-19) continues to spread across the globe, our analysts are continuously monitoring the impact of this rapidly evolving situation on markets and consumer buying behaviors. Thus, our latest estimates and analysis on current market trends and forecasts will comprehensively reflect the effects of this emerging pandemic.
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