Stretch Marks Treatment Market
Stretch Marks Treatment Market (Treatment - Topical Products (Creams, Oils and Serum, and Lotions), Lasers (Fractional Lasers and Pulse-Dye Lasers), and Microdermabrasion; End-user - Hospitals, Clinics, Specialty Dermatology Centers, and Home-use) - Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2017 - 2025
Press Release :
Global Stretch Marks Treatment Market: Snapshot
In order to expand their outreach and add to their product portfolio, keen players in the global stretch marks treatment market are taking the inorganic route of acquisitions. They are also pouring money into development of new and better products.
Rising instances of obesity causing stretch marks is serving to catalyze growth in the market. In addition, growing aesthetic consciousness among people, especially among pregnant women, along with the wide array of products, catering to almost every need and budget, is also positively influencing the market for stretch marks treatment.
A report by Transparency Market Research projects the global stretch marks treatment market to attain a value of US$1.99 bn by 2025-end by clocking a CAGR of 5.40% from 2017 to 2025.
Topical Products See Maximum Uptake Due to Affordability
Depending upon treatment, the global stretch marks treatment market can be categorized into topical products, lasers, microdermabrasion, etc. Overall, the topical products segment account for a dominant share in the market owing to their affordability and easy availability through various distribution channels. Soaring popularity of ecommerce in particular has proved extremely beneficial to the topical products, which can be further divided into creams, oils and serum, lotions, etc. Of them, the segment of creams is seeing maximum uptake and is said to be majorly fuelling growth in the stretch marks treatment market. The lasers segment again can be divided into fractional lasers, pulse-dye lasers, etc.
Hospitals, clinics, specialty dermatology centers, home-use, etc. are some of the main end-use segments in the global stretch marks treatment market. Among them, the home-use segment accounts for a leading position, and is expected to retain its position in the near future because of the easy availability of home-use products and changing customer preferences. Specialty dermatology centers, on the other hand, are expected to surpass all others vis-à-vis growth rate because of the increasing customer preference for specialists offering expert advice on dermatology procedures.
Increasing Concerns Over Aesthetics Catapults North America Market to Fore
From a geographic standpoint, North America holds a dominant share in the global market for stretch marks treatment. Rising at 5.2% from 2017 to 2025, the market is expected to grow its dominant share further by clocking an estimated revenue of US$676.3 mn by 2025. Increasing consciousness about aesthetics and fashion, coupled with strong ability to spend among people are majorly fuelling the market in the region. The U.S. is said to be powering the market in North America. Europe trails North America in terms of market share. The market in the region is predicted to pull in revenues to the tune of US$531.7 mn by 2025 by registering a CAGR of 5.6% in the forecast period.
In terms of growth rate, Asia Pacific is expected to emerge as a frontrunner by clocking a 5.8% CAGR between 2017 and 2025. At the forefront of driving growth in the market in the region are countries of India and Japan. Effective marketing strategies, changing lifestyles, and most importantly increasing disposable incomes of people are the main drivers of growth in the stretch marks treatment in Asia Pacific.
Prominent participants in the global stretch marks treatment market include Laboratoires Expanscience, Clarins Group, Merz North America, Inc., Cynosure, Inc., Syneron Medical Ltd., E.T. Browne Drug Co., Inc., Union-Swiss (Pty) Ltd., Basq Skincare, Ellipse A/S, The Boppy Company LLC, Helix BioMedix, Inc., Weleda AG, Dermaclara, Inc., Mama Mio US, Inc., and Centre Light Solutions, LLC.
Focus of the Masses on Skin Enhancement Treatment to Drive Demand within the Global Stretch Marks Treatment Market
The global stretch marks treatment market is slated to grow at a stupendous pace in the times to follow. The growing inclination of the masses towards skincare treatments has played a defining role in driving sales across this market. The presence of stretch marks can be a cause of low self-esteem and anxiety in people who are already suffering from mental health issues. Several research entities point to the negative impacts of skincare problems on mental health and wellbeing. This is a matter of immense concern for healthcare professionals, medical practitioners, and other entities in the healthcare industry. In light of these factors, it is safe to predict that the global stretch marks treatment market would grow by leaps and bounds in the years to follow.
- The coronavirus pandemic has essentially been a matter of concern for the domain of healthcare and medicine. However, the healthcare crisis has escalated towards being a financial crisis as several industries get daunted by the outbreak. In this mayhem, people have gotten more time to reflect on their health, wellness, and physiology. Several people believe that strict lockdowns and home quarantines have led people to pay attention to their health. Therefore, the global stretch marks treatment market is slated to grow as several people pursue skincare treatments during these times. The revenue index of this market is projected to improve as several new treatment lines make their way into the healthcare industry.
- Appearance of stretch marks is common in pregnant women, and this is an important dynamic of market growth. Furthermore, the presence of a seamless industry for managing stretch marks has complemented the needs and requirements of pregnant women. Besides, appearance of stretch marks is also common in sportspersons and heavy lifters. This is also expected to bring in fresh revenues into the global stretch marks treatment market.
Global Stretch Marks Treatment Market: Overview
Stretch marks also known as striae are commonly observed during or after pregnancy, during puberty, or a sudden change in weight. These marks appear due to the excessive stretching of the skin and an increase in the cortisone in the body. These stretch marks vary in color and may range between purple to bright pink to bright gray. These marks diminish over time but do not disappear completely. A range of treatment procedures are available for the reduction of stretch marks, which include topical products, laser treatment, and other treatments.
The research is a combination of primary and secondary research, conducted for understanding and arriving at trends, used to forecast the expected revenue of stretch marks treatments types employed in the near future. Primary research formed the bulk of our research efforts with information collected from in-depth interviews and discussions with a number of key industry experts and opinion leaders. Secondary research involved study of company websites, annual reports, press releases, investor presentations, analyst presentation and various international and national databases. The report provides estimated market size in terms of US$ Mn for treatment type, end-user, and geography for the period 2015 to 2025, considering the macro and micro environmental factors. The revenue generated from each treatment and end-user was calculated by considering the prevalence of stretch marks among people of various age groups and conditions such as pregnancy, obesity and adolescence; the acceptance of various stretch marks treatments available and the awareness among people, across all the geographies.
The market report comprises an elaborated executive summary, which includes market snapshot that provides information about various segments of the market. It also provides information and data analysis of the market with respect to market segments based on treatment, end-user, and geography. The market overview section of the report analyzes market dynamics such as drivers, restraints and opportunities that influences the stretch marks treatment market in the current and future scenario. The report also provides the product mapping listing the various products available for the treatment of stretch marks, the global fertility rates, the price comparison of the types of treatment available for the treatment of stretch marks and the key industry developments.
Global Stretch Marks Treatment Market: Competitive Analysis
Market share analysis among the market players is analyzed to signify the contribution of these players in the market in terms of percentage share. All these factors will help the market players to decide about the business strategies and plans to strengthen their positions in the global market. Based on geography, the market has been analyzed for major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study also covers detailed country analysis contributing majorly in the stretch marks treatment market.
The report also profiles the major players in the market and provides various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Companies profiled in the stretch marks treatment market report are Laboratoires Expanscience, Clarins Group, Merz North America, Inc. (Merz Group), Cynosure, Inc. (a Subsidiary of Hologic, Inc.), Syneron Medical Ltd., E.T. Browne Drug Co., Inc. (Palmer’s), Union-Swiss (Pty) Ltd., Basq Skincare, Ellipse A/S, The Boppy Company LLC, Helix BioMedix, Inc., Weleda AG, Dermaclara, Inc., Mama Mio US, Inc., and Centre Light Solutions, LLC, among others.
The Stretch Marks Treatment Market has been segmented as follows: