As per the report, the global stretch marks treatment market size is predicted to grow USD 3.2 billion by 2025 and grow at a CAGR of 7.6% from 2020 to 2025.
Stretch marks are a type of scars that develops when the skin gets stretched or contracts easily. Stretch marks are generally seen in pregnant women and obese people. In general, stretch marks treatment helps in the removal of various stretch marks. One of the prime reasons for the stretch marks is obesity. According to the World Health Organization (WHO), since 1975, the prevalence of the obesity problem is tripled across the world. It states that there is a considerable burden of obesity globally, mounting the increasing number of people having stretch marks.
Various kinds of treatments are used in treating stretch marks. Topical medicines are those which are frequently used during pregnancy for the treatment of stretch marks. For a few therapy sessions, laser treatments can beneficially decrease the stretch marks. Laser treatments are rapid, less in cursive, and no intermission required. Females are using creams, lotions, oils & serum to prevent stretch marks on the body.
MARKET DRIVERS
Growing cases of obesity are majorly driving the growth of the global stretch marks treatment market.
Obesity leads to stretch marks. At a global, the prevalence of obesity is increasing significantly due to the changing lifestyle, rising consumption of high calories food in the population. As per the National Health and Nutrition Examination Survey, around 42% of the age-adjusted prevalence of obesity was noticed in adults in the United States from 2017 to 2018.
Additionally, around 90% of the women get stretch marks at the time of pregnancy which is estimated to favor the market growth of the stretch marks treatment market. Rising awareness in skincare products such as cosmetics, increasing focus on plastic surgeries and growing disposable income in urban areas further accelerate market growth. The rise in the demand to increase the production rate of the treatment products is another major factor helping the market grow.
MARKET RESTRAINTS:
High costs associated with this treatment procedure are a significant factor limiting the market growth to some extent. People in rural areas are less aware of the stretch mark treatment procedure, which is estimated to hinder the market considerably.
Impact of COVID-19 on the global stretch marks treatment market:
[May 2021] COVID-19 is a disease transmitted by the SARS-CoV-2 coronavirus, which is a modern coronavirus. Following a study of a cluster of cases of 'viral pneumonia in Wuhan, the People's Republic of China, WHO first heard of this new virus on December 31, 2019. pandemic has affected the market in many aspects, such as the decline in revenue, production, and distribution. The accelerated spread of the covid-19 has resulted in a national shutdown. The covid-19 pandemic devastated the supply chain due to tight lockdown and the closing of commercial industries in almost every part of the world. The stretch market treatments had been postponed as the primary focus of the government was to combat. The market had experienced a downfall as the investments had been diverted to covid-19 treatment centers. However, the world is set to eventually return to normal with the manufacturing and delivery of vaccines, the removal of lockdowns, and the lifting of travel bans. During the pandemic period, a significant demand for stretch marks therapy is a rising problem for people in terms of their aesthetics. Stretch marks affect mothers, women in their youth, and other young people during and after pregnancy. Hence, stretch marks are anticipated to showcase better growth during the forecast period with a dominating market share.
REPORT COVERAGE:
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REPORT METRIC |
DETAILS |
|
Market Size Available |
2019 to 2025 |
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Base Year |
2019 |
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Forecast Period |
2020 to 2025 |
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Segments Covered |
By Treatment, End-User, and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa |
This market research report on the global stretch marks treatment market has been segmented based on treatment, end-user, and region.
Stretch Marks Treatment Market - By Treatment:
Based on treatment, the topical products segment is expected to dominate the global stretch marks treatment market with the largest share owing to low price and easy availability. Additionally, Y-O-Y growth in the incidence of light-colored skin, pregnancy, obesity, unexpected weight loss, or gain is supporting the segment’s growth. One more significant factor escalating this segment is the availability of products and ease of use.
Topical products are sub-segmented into creams, lotions, and oils & serums. The creams sub-segment is expected to lead the topical product segment of the stretch marks treatment market due to increasing attempts by the manufacturers for the sale of the creams is escalating the market growth.
The fractional laser segment is estimated to have a substantial growth rate since they augment the skin tone, improve skin texture, and decrease the common signs of aging. Moreover, anti-aging treatment is propelling the market growth.
Stretch Marks Treatment Market - By End User:
Based on the end-user, the Home-use segment held for most of the market share in the global market in the year 2019. Most of the females prefer home-use for stretch marks treatment with creams, lotions, and oils & serums where the cost of these products will be less compared with other procedures and are affordable for high and medium-income people.
Stretch Marks Treatment Market - By Region
Regionally, the North American regional market is projected to be the most dominating region globally due to its large target population and better treatment options. In North America, the U.S. is predicted to lead due to the growing demand for the products and focus of key market participants. Obesity is another primary factor escalating the market growth in the United States. The Canadian market is forecasted to have a lucrative growth rate during the forecast period.
The European market is expected to have a promising growth rate in the forthcoming future. The rising aging population is majorly accelerating the European market. Other factors, such as the focus of government expenditure towards the healthcare sector, mainly towards research and development, are further propelling the market's demand.
The Asia Pacific market is another dominating region in the global stretch marks treatment market and is expected to be the fastest-growing regional market during the forecast period. Factors such as growing disposable incomes, changing lifestyle, high population, and increasing popularity of e-commerce platforms are majorly driving the market in this region. Within the Asia Pacific, India and Japan markets are the hotspot regions.
The Latin American market for stretch marks treatment will appear as the high, increasing marketplace. The factors owing to the growth are growing awareness among pregnant women; increasing focus of key players in enlarging their market presence throughout the world is expected to stimulate the market growth in LATAM.
The Middle East & Africa predicted to have sluggish growth during the forecast period. The adoption of a sedentary lifestyle and an increasing number of people with obesity is escalating the market growth of MEA.
KEY MARKET PARTICIPANTS:
Some of the notable companies operating in the global stretch marks treatment market profiled in the report are Clarins Group, Cynosure, Inc., Merz North America, Inc., Laboratoires Expanscience, Union-Swiss (Pty) Ltd., Basq Skincare, The Boppy Company, Helix BioMedix, Inc., Weleda AG and Dermaclara, Inc.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Treatment
5.1.1 Introduction
5.1.2 Microdermabrasion
5.1.3 Lasers
5.1.3.1 Pulse-Dye Lasers
5.1.3.2 Fractional Lasers
5.1.3.3 Others
5.1.4 Topical Products
5.1.4.1 Creams
5.1.4.2 Lotions
5.1.4.3 Oils & Serum
5.1.4.4 Others
5.1.5 Others
5.1.6 Y-o-Y Growth Analysis, By Treatment
5.1.7 Market Attractiveness Analysis, By Treatment
5.1.8 Market Share Analysis, By Treatment
5.2 End-User
5.2.1 Introduction
5.2.2 Clinics
5.2.3 Home-use
5.2.4 Hospitals
5.2.5 Specialty Dermatology Centers
5.2.6 Others
5.2.7 Y-o-Y Growth Analysis, By End User
5.2.8 Market Attractiveness Analysis, By End User
5.2.9 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Treatment
6.1.3.3 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Treatment
6.1.4.3 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Treatment
6.1.5.3 By End User
6.2 North America
6.2.1 Introduction
6.2.2 United States
6.2.3 Canada
6.3 Europe
6.3.1 Introduction
6.3.2 U.K
6.3.3 Spain
6.3.4 Germany
6.3.5 Italy
6.3.6 France
6.4 Asia-Pacific
6.4.1 Introduction
6.4.2 China
6.4.3 India
6.4.4 Japan
6.4.5 Australia
6.4.6 South Korea
6.5 Latin America
6.5.1 Introduction
6.5.2 Brazil
6.5.3 Argentina
6.5.4 Mexico
6.5.5 Rest of Latin America
6.6 Middle East & Africa
6.6.1 Introduction
6.6.2 Middle-East
6.6.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Clarins Group
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Cynosure, Inc.
8.3 Merz North America, Inc.
8.4 Laboratoires Expanscience
8.5 Union-Swiss (Pty) Ltd.
8.6 Basq Skincare
8.7 The Boppy Company LLC
8.8 Helix BioMedix, Inc.
8.9 Weleda AG
8.10 Dermaclara, Inc.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, Collaborations, and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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