Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.63 Billion | USD 4.17 Billion | 6.5% | 2021 |
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.
Stretch marks are a common skin issue that develop when the skin is stretched rapidly, such as during pregnancy, rapid weight gain, or growth spurts. These rapid stretches of the skin can cause the skin to become damaged and scarred. Initially, they may be pink, red, or purple in colour, but as time passes, they turn white or silver in appearance. They manifest themselves on the skin as long, thin lines that may be elevated or depressed in some places.
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