Globally, the market for stretch marks treatment was priced at US$ 2,496.8 million in the year 2021 and is projected to the extent of US$ 3,641.8 million by the end of the year 2028 at a CAGR of 5.5% from 2022 to 2028. The market of stretch marks treatment (SMT) worldwide is witnessing robust growth owing to the increasing problem of obesity in the globe and rise in the figure of pregnancies and uneasiness of stretch marks. Furthermore, rise in need for safe and real treatment and increasing liking for topical treatments at home are anticipated to enhance the market growth. Though, issues like high laser cost and treatment of microdermabrasion and absence of consciousness amongst people are anticipated to hamper the market growth of SMT.
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Global Stretch Marks Treatment Market: Regional Insights
On the basis of geography, the market for stretch marks treatment worldwide is divided into Asia Pacific, North America, Latin America, Europe and Middle East & Africa.
On the basis of regions, North America is anticipated to have the major market share in the predicted period owing to the increase in occurrence of obesity and rise in the figure of pregnancies in this region. For example, stretch marks are generally the fine line that takes place when the skin gets stretched due to fast development or gain of weight. As per to the report of Trust for America’s Health (TFAH) State of Obesity 2022: Better Policies for a Healthier America, as per to the nation, about 49% of the U.S. adults suffer from obesity. Black adults experiences the highest adult obesity level at 49.9%, Hispanic adults rate of obesity is 45.6% and White adults rate of obesity is 41.4%.
Europe and Asia Pacific are also anticipated to experience substantial market growth of SMT worldwide owing to the rising problem of obesity and increased birth rate concerning stretch marks in the area. For example, in Europe, the incidence of obesity is high in comparison to other regions of the world excluding America, as per to the report by the European Congress on Obesity in May 2022. Inn Europe, more than 59% of adults are obese or overweight also 8% children below five have every one in three children are of school age. This is anticipated to raise the need for SMT in Europe.
Global Stretch Marks Treatment Market Drivers
Increasing problem of obesity worldwide to push the growth of the market
The main factor anticipated to enhance the market growth of the SMT worldwide in the predicted period is the rise in incidence of obesity worldwide. Stretch marks are caused due to fast gain of weight in a very short time period. In order to prevent stretch marks, it is necessary to avoid fast gaining of weight and losing weight. As per UN, over 1 Bn people worldwide are obese, which include 650 Mn adults, 340 Mn adolescents and 39 Mn children. As per WHO (World Healh Organization), by the end of 2025, more than 167 Mn people will grow into less healthy since they are obese or overweight.
Rising number of pregnancies to enhance the growth of the market
The other factor that is pushing the market growth of SMT worldwide is the increasing figure of pregnancies and apprehension of stretch marks. For example, stretch marks are seen at the time or post pregnancy or at the time of adolescence. As per NHS (National Health Service), nhs.uk, stretch marks are obvious in pregnancy about 8 in every 10 women have them. They are seen on tummy areas, at times on upper thighs and breasts, when the pregnancy advances and the bump starts growing. This results in an increased need for treatments of stretch marks.
Global Stretch Marks Treatment Market Opportunities
Rise in need for safe and real treatments for stretch marks is anticipated to offer substantial opportunities of growth for the companies in the market of SMT worldwide. For example, with the increase in problem of obesity and pregnancies worldwide, the need for safe and real treatment is rising at an increased pace. Dermaclara in January 2021, pronounced the introduction of advanced Enhanced Silicone Fusion stretch marks kit and patches. With advancements in size, reusability, viscosity and breathability, the novel kits and patches have a global efficacy of 40% from its original demand.
Increasing liking for topical treatments at home is anticipated to provide profitable opportunities for companies in the market of SMT worldwide. For example, topical treatments are extensively used by women of the world and are regarded as the most famous products provided by the prominent brands. Cipla Health in October in 2020 introduced range of mother cares which included stretch marks cream aiding to offer moisturizing the skin, skin firmness enhanced, and reduces the surface visibility caused by the blemishes. Across the globe, people like topical treatments being done at home that reduce the stretch mark’s appearance.
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Global Stretch Marks Treatment Market Trends
Rise in R&D (research and development) is a recent fashion
Dermatologists, researchers and the companies functioning in the market are introducing new treatments for stretch marks and are emphasizing on creating safe and real treatments for treating scars and stretch marks. This is anticipated to push the market growth of the SMT worldwide, pushing the market growth.
Rise in application of topical treatments is another fashion trend
Topical treatments are extensively used amongst women across the globe and are regarded as the most famous products known in reducing stretch marks. People normally treat stretch marks at their home for which oil, cream and lotions are preferred. Furthermore, these products price is less and so most of the people can afford it. This tendency is anticipated to last in the predicted period, pushing the growth of the market.
Global Stretch Marks Treatment Market Restraints
Treatment cost being high hampers the market growth
The main factor anticipated to hinder the market growth of the SMT worldwide is the high laser cost and the treatment of microdermabrasion. Various treatments can be availed, but the treatment cost being in laser and microdermabrasion is comparatively higher. Though, the treatment cost is dependent on the patients’ decision whether to opt for laser therapy, surgical treatment and natural remedies. Furthermore, the topical cost for the stretch mark treatments is much less making them affordable for people.
Lack of cognizance amongst people hinder the market growth
The other factor that is hindering the market growth of the SMT worldwide is the lack of cognizance amongst people about the treatment options available in the market. Scars are permanent like stretch marks but proper treatment will make it less obvious, but the rural people are unaware of any such treatment of stretch mark process. National Stretch Mark Day is celebrated on March 19 each year, is devoted to honor, embrace and celebrate stretch marks.
Global Stretch Marks Treatment Market Segmentation
Globally, the market for stretch mark treatment worldwide is divided into Treatment, End User and Geography.
On the basis of Treatment, the market is divided into Topical Product, Laser and other treatments. Among which, the segment of topical product is anticipated to control the market of SMT in the predicted period and this is credited to the rose in use of topical SMT worldwide.
The segment of Laser is anticipated to experience substantial opportunities of growth in the coming future and this is due to the increasing liking for the laser therapy. Laser treatment is very effective to treat stretch marks.
On the basis of End User, the market is divided into Hospitals & Clinics and Home Use. Among which, the segment of home use is anticipated to control the market in the predicted period and this is credited to the increasing liking for topical treatments at home.
Global Stretch Marks Treatment Market: Key Developments
Cipla Health in October 2020, pronounced the introduction of range of products for mother care which included stretch mark cream, aiding in keeping moisturized skin, skin firmness enhanced and reduction of the surface visibility of blemishes.
Mustela in May 2020 declared the introduction of the 2-piece Fragrance-Free Maternity Skincare Set including the Nursing Comfort Balm and EWG- certified Fragrance-Free Stretch Marks Cream that would help to keep the skin hydrated in preventing it from scars, dots, blemishes and scars.
HRA Pharma in May 2019 acquired the Mederma Brand from Merz Pharmaceuticals GmbH. The company picked up the global rights to the Mederma brand, which comprised products for stretch marks, scar marks and skin care categories.
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Global Stretch Marks Treatment Market: Key Companies Insights
The market for SMT worldwide is very much competitive in nature. This is credited to the rise in need for safe and real stretch marks treatment, consequently, companies in the market are emphasizing on introducing new products in the market.
Some of the main companies in the market of stretch marks treatment worldwide are Weleda, Union Swiss (Pty) Ltd., Laboratoires Expanscience, HRA Pharma, Helix BioMedix Inc., Dermaclara, Candela Corporation, Clarins Group, Basq Skin Care, Alliance Pharma PLC, and E. T. Browne Drug Co. Inc. (Palmers), among others.
Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Stretch Marks Treatment Market Size Analysis from 2023 to 2030
11.6 COVID-19 Outbreak: Stretch Marks Treatment Industry Impact
Chapter 2 Global Stretch Marks Treatment Competition by Types, Applications, and Top Regions and Countries
2.1 Global Stretch Marks Treatment (Volume and Value) by Type
2.3 Global Stretch Marks Treatment (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Stretch Marks Treatment Sales, Consumption, Export, Import by Regions (2017-2023)
Chapter 5 North America Stretch Marks Treatment Market Analysis
Chapter 6 East Asia Stretch Marks Treatment Market Analysis
Chapter 7 Europe Stretch Marks Treatment Market Analysis
Chapter 8 South Asia Stretch Marks Treatment Market Analysis
Chapter 9 Southeast Asia Stretch Marks Treatment Market Analysis
Chapter 10 Middle East Stretch Marks Treatment Market Analysis
Chapter 11 Africa Stretch Marks Treatment Market Analysis
Chapter 12 Oceania Stretch Marks Treatment Market Analysis
Chapter 13 South America Stretch Marks Treatment Market Analysis
Chapter 14 Company Profiles and Key Figures in Stretch Marks Treatment Business
Chapter 15 Global Stretch Marks Treatment Market Forecast (2023-2030)
Chapter 16 Conclusions
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