Insights on Global Stretch Marks Treatment Market Size & Share to Reach USD 4.17 Billion by 2028, Exhibit a CAGR of 6.5% | Industry Trends, Value, Analysis & Forecast Report by ZMR
NEW YORK, July 14, 2022 /PRNewswire/ -- As per Zion Market Research study, The global stretch marks treatment market achieved revenue growth of USD 2.63 billion in 2021 and is projected to reach around USD 4.17 billion by 2028, exhibiting a compound annual growth rate (CAGR) of about 6.5 percent over the forecast period.
Key Industry Insights & Finding of the Stretch Marks Treatment Market Reports:
- As per the analysis shared by our research analyst, the Stretch Marks Treatment Market is expected to grow annually at a CAGR of around 6.5 % (2022-2028).
- Through the primary research, it was established that the Stretch Marks Treatment Market was valued approximately USD 2.63 Billion in 2021 and is projected to reach to roughly USD 4.17 Billion by 2028.
- North America holds a sizeable portion of the industry; increased awareness of cosmetic operations and fashion in the region is resulting in a significant expansion of the market.
- The United States is expected to remain the highest revenue contributor in the region. The market in the US is primarily driven by an increasing customer desire for stretch mark treatments.
- One of the main factors fueling the global stretch marks treatment market's expansion is the rising prevalence of obesity among the general population.
- By 2030, one billion people worldwide, including one in five women and one in seven men, will be obese, according to the World Obesity Atlas 2022, issued by the World Obesity Federation.
Zion Market Research published the latest report titled as "Stretch Marks Treatment Market By Treatment (Topical Products, Lasers, Microdermabrasion, Others), By End-Users (Hospitals, Specialty Clinics, and Homecare), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028." into their research database.
Stretch Marks Treatment Market : Overview
Stretch marks are scars or wavy lines that form when the skin rapidly extends or contracts. Stretch marks are frequently brought on by unforeseen changes in the body that tear the collagen and elastin when the skin heals on its own. They are also brought on by Ehlers-Danlos disease, Cushing syndrome, and aberrant collagen formation. Pregnant women and others who experience quick changes in muscle size as a result of major weight gain or decrease may get stretch marks. Serums, oils, fractional lasers, pulse-dye lasers, creams, and lotions are a few of the treatments for stretch marks that are often utilized. By addressing open pores & fine wrinkles and tightening the skin while rebuilding collagen, they help to lessen the visibility of stretch marks.
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Industry Dynamics:
Stretch Marks Treatment Market : Growth Drivers
- Growing prevalence of obesity fosters the growth of the market.
One of the main factors fueling the global stretch marks treatment market's expansion is the rising prevalence of obesity among the general population. Stretch marks are becoming more common as a result of people's changing food habits and increasing adoption of sedentary lifestyles. People are also suffering from excessive weight gain. By 2030, one billion people worldwide, including one in five women and one in seven men, will be obese, according to the World Obesity Atlas 2022, issued by the World Obesity Federation. Stretch marks are becoming more common, which increases the need for targeted treatment. This is mostly due to an increase in the intake of calorie-dense, fattening food by a huge population. In addition to this, the growing demand for stretch marks treatment products from pregnant women, easy availability of the products on online platforms, and growing awareness of aesthetics are some of the key factors that are boosting the growth of the market.
Stretch Marks Treatment Market : Restraints
- High cost associated with the treatment to hinder the market growth.
An important issue restricting the market's growth to some extent is the high cost of this treatment process. Rural residents are less likely to be aware of the stretch mark treatment method, which is expected to significantly hurt the market. In addition to this, potential bottlenecks impeding the overall expansion of the global market include skin adverse effects related to laser therapy.
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Stretch Marks Treatment Market: Opportunities
- Growing research and development activities to generate numerous opportunities for market expansion.
A rise in the number of R&D activities is another factor that will present advantageous chances for the expansion of the global stretch marks treatment market. Additionally, the market's growth rate will be further accelerated by the increasing approvals and releases of novel stretch mark treatment medications. Moreover, growing investments in the development of cutting-edge technologies and an extensive list of emerging markets will present favorable prospects for the expansion of the stretch mark treatment market over the course of the projected year.
Stretch Marks Treatment Market: Challenges
- Lack of skilled professionals poses a challenge to market growth.
In emerging countries, the lack of trained professionals especially for laser treatment is the major challenge to the growth of the market. Also, poor healthcare infrastructure in underdeveloped countries serves as a challenge to market growth.
Global Stretch Marks Treatment Market : Segmentation
- The global stretch market treatment market is segregated based on treatment, distribution channel, end-users, and region.
Based on the treatment, the market is split into microdermabrasion, lasers, topical products, and others. The end-users segment is divided into homecare, specialty clinics, and hospitals. The distribution channel comprises online, retail, hospital pharmacy, and others.
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List of Key Players of Stretch Marks Treatment Market :
- Clarins Group
- Laboratoires Expanscience
- Merz North America Inc.
- E.T. Browne Drug Co.Inc.
- Syneron Medical Ltd.
- Cynosure Inc.
- Mama Mio US Inc.
- Centre Light Solutions LLC
- Dermaclara Inc.
- Basq Skincare
- The Boppy Company LLC
- Union-Swiss (Pty) Ltd.
- Ellipse A/S
- Helix BioMedix Inc.
- Weleda AG.
Key questions answered in this report:
- What are the growth rate forecast and market size for Stretch Marks Treatment Market ?
- What are the key driving factors propelling the Stretch Marks Treatment Market forward?
- What are the most important companies in the Stretch Marks Treatment Market Industry?
- What segments does the Stretch Marks Treatment Market cover?
- How can I receive a free copy of the Stretch Marks Treatment Market sample report and company profiles?
Report Scope:
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Recent Developments
- In September 2020, Himalaya introduced Stretch Mark Oil and Cream. It is a groundbreaking, two-step skin care regimen that assists moms in lessening the visibility of stretch marks both during and after pregnancy.
Regional Dominance:
- Asia Pacific likely to rule the global market with a substantial revenue share.
Asia Pacific dominates the global stretch marks treatment market with more than 40 percent of the share. Some of the prominent factors such as rising disposable income and shifting consumer lifestyles are contributing to the expansion of the market. Furthermore, a protruding development of the market is due to the emergence of internet shopping platforms. On the other side, North America holds a sizeable portion of the industry; increased awareness of cosmetic operations and fashion in the region is resulting in a significant expansion of the market. The region's high consumer discretionary income is also boosting the demand for stretch mark remedies. The United States is expected to remain the highest revenue contributor in the region. The market in the US is primarily driven by an increasing customer desire for stretch mark treatments.
Global Stretch Marks Treatment Market is segmented as follows:
Stretch Marks Treatment Market : By Treatment Outlook (2022-2028)
- Topical Products
- Lasers
- Microdermabrasion
- Others
Stretch Marks Treatment Market : By Distribution Channel Outlook (2022-2028)
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
- Others
Stretch Marks Treatment Market : By End-User Outlook (2022-2028)
- Microarrays
- PCR
- Others
Stretch Marks Treatment Market : By Technology Outlook (2022-2028)
- Hospitals
- Specialty Clinics
- Homecare
Stretch Marks Treatment Market : By Region Outlook (2022-2028)
North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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