The stretch mark removal products market is projected to achieve a valuation of USD 1,382.9 million in 2023, with a forecasted 3.8% CAGR from 2023 to 2033. By 2033, it is anticipated to reach USD 2,008.1 million.
The rise in healthcare expenditure, contributing to improved infrastructure, stands as a crucial driver impacting the growth trajectory of the stretch mark treatment market. Moreover, with growing interest in plastic surgery among individuals, the demand for stretch mark treatments is poised to expand.
Stretch marks are almost inescapable, with recent research estimating that 70 to 90 percent of pregnant women have them. They also affect a sizable adolescent females. Stretchmarks are a common complaint among young men. Stretchmarks are also a common symptom of ageing. Because millennials are becoming more conscious of the importance of self-care, they are willing to spend money on items that help them reduce or reverse the effects of ageing.
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The rise in obesity rates around the world as a result of an unhealthy lifestyle is fueling the expansion of the stretch mark removal products industry. The rising pregnancies, as well as the rising cost of other treatments such as laser and microdermabrasion, are moving the market forward. Furthermore, product accessibility and availability, as well as an increase in cosmetic difficulties among pregnant women, are two factors driving market expansion.
The growing consumption of calorie-laden fat food by a large population, an increase in the f online suppliers for treatment, patients’ desire for less invasive skin techniques, and the short treatment time offered by laser are a few of the factors fueling the growth of the stretch mark removal products market. Yet, concerns about the side effects of the goods and procedures utilized are also stifling the growth of the stretch mark removal products industry.
Key Points from the Stretch Mark Removal Products Market
- Stretch mark removal product market drivers include increased healthcare infrastructure investment, technological innovation, and increased topical skin treatment solutions.
- Stretch mark removal products market is expected to grow at a CAGR of 3.8% during the forecast period 2023 to 2033.
- North America dominated the stretch mark removal products market.
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Key Development in the Stretch Mark Removal Products Market
- April 2022 – Skin Science Solutions introduced the icon roboderm, a next-generation device that uses specific cellular technology to give painless and non-invasive facial and body rejuvenation. Stretch marks and wrinkle reduction are just two of the face and body treatments offered through modern technology.
- February 2022 – Dermaclara Inc. released stretch mark patches and an Improved Silicone Fusion kit. Stretch marks were less visible during and after pregnancy due to the kit’s promotion of collagen regulation. The patches are reusable, breathable, and easy to put on.
- April 2020 – Clarins Group announced its new plant-based product named ‘Body Partner’, which aids in the reduction of stretch marks and has been evaluated and recommended by pregnant women. Body Partner is created with minor plant-based components, like Clarins’ new Phyto-Stretch-Complex, which combines Organic Green Banana extracts and Centella Asiatica to maintain visible skin springiness while leaving skin smooth and calm.
- October 2022 – Stretch mark cream was developed as part of Cipla Health’s mother care line, which maintains the skin hydrated, promotes skin firmness, and lowers the visibility of such blemishes on the surface. Individuals all around the world prefer at-home topical treatments that are known for reducing the appearance of stretch marks.
- May 2022 – Givaudan Active Beauty offered Centella CAST, a component that works on the systems that cause stretch marks. It works on four levels to restore skin elasticity, density, and firmness, decreasing the appearance of stretch marks.
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More Insights on Stretch Mark Removal Products Market
Future Market Insights, in its new proposing, provides an unbiased analysis of the global stretch mark removal products market, presenting demand data (2015-2019) and forecast analysis for 2020-2030. The study divulges compelling insights on the stretch mark removal products market based on the product type (creams, oils & serums, lotions, gels, and others), end-user (adults, kids) sales channel (wholesalers & distributors, online retailers, hypermarkets/supermarkets, pharmacy stores, specialty stores, independent small stores, and other sales channel) across six major regions.
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