Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.63 Billion | USD 4.17 Billion | 6.5% | 2021 |
The global stretch marks treatment market size 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.
The report analyzes the stretch marks treatment market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the stretch marks treatment market.
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.
The pandemic has had several effects on the market, including a drop in distribution, production, and. sales. A nationwide shutdown is the outcome of the Covid-19's increased spread. Due to strict lockdown and the shutting of commercial businesses in practically every region of the world, the Covid-19 outbreak severely damaged the supply chain. The stretch mark treatment market remedies had been put off since the government's priority was to fight the pandemic. Due to investments being directed to Covid-19 treatment facilities, the market has declined. However, with the production and distribution of vaccinations, the removal of lockdowns, and the relaxing of travel restrictions, things are expected to gradually return to normal which in turn is expected to boost the growth of the global market.
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.
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.
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.
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.
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 home care, specialty clinics, and hospitals. The distribution channel comprises online, retail, hospital pharmacy, and others.
Report Attributes | Report Details |
---|---|
Report Name | Stretch Marks Treatment Market Size Research Report |
Market Size in 2021 | USD 2.63 Billion |
Market Forecast in 2028 | USD 4.17 Billion |
Compound Annual Growth Rate | CAGR of 6.5% |
Number of Pages | 254 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | 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., and Weleda AG. |
Segments Covered | By Treatment, By Distribution Channel, By End-User, And By Region |
Base Year | 2021 |
Historical Year | 2016 to 2020 |
Forecast Year | 2022 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
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.
Major players operating in the global stretch marks treatment market include
By Treatment
By Distribution Channel
By End User
By Region
FrequentlyAsked Questions
One of the main factors fueling the 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.
According to the Zion Market Research report, the global stretch marks treatment market was worth about 2.63 (USD billion) in 2021 and is predicted to grow to around 4.17 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 6.5 percent.
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.
Major players operating in the global stretch marks treatment market include 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., and Weleda AG.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed