13-Jul-2022 | Zion Market Research
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. Stretch marks, also known as striae, are raised stripes that can develop on the breasts, hips, buttocks, belly, or other parts of the body. Pregnant women frequently experience these, particularly in the latter trimester. Although stretch marks don't hurt or pose a health risk, some individuals dislike the way they make their skin appear. However, newer treatment options are showing promising results which are expected to increase the use of stretch mark treatments.
The global stretch marks treatment market is flourishing with the increasing treatment, prevalence of obesity, and rise in disposable incomes. Stretch marks are becoming more common, which increases the need for specialized treatment. This is mostly due to an increase in the intake of calorie-dense, fattening food by a big portion of the population. The market for stretch mark treatments is also being driven by an increase in the number of online treatment suppliers. Furthermore, stretch marks during pregnancy are frequently treated with topical treatments. Pregnant women are being advised to use these products by doctors more frequently. In addition, the market is anticipated to develop throughout the projected period due to medical guidance and rising consumer acceptability.
During the COVID-19 pandemic, market growth was observed to be hampered severely. The market growth was mainly restricted due to the disruption of the supply chain and the unavailability of products in retail stores. In addition to this, stretch mark treatments were postponed in most parts of the world due to increased focus on the treatment of COVID-affected patients. All these factors equally affected generating low revenue for the market during the pandemic period.
The global stretch marks 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.
Asia Pacific is likely to dominate the global stretch marks treatment market during the forecast period. This is mainly attributed to the availability of advanced treatment alternatives and a larger target population in China and India. Due to the large target population, many international firms are concentrating to expand their product reach in these developing countries. Demand for stretch marks treatment is increasing in North America. Major revenue flow is expected to be obtained from the US. There is a high demand for stretch mark treatment in the United States owing to increasing cases of obesity and increased inclination toward cosmetics & fashion.
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.
Browse the full “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.” Report at https://www.zionmarketresearch.com/report/stretch-marks-treatment-market
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