The Anti Stretch Mark Products Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Anti Stretch Mark Products Global Market Report 2024, The anti stretch mark products market size has grown strongly in recent years. It will grow from $1.6 billion in 2023 to $1.74 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to rise in pregnancy rates, aging population, e-commerce growth, changing lifestyles, health and beauty awareness.
The anti stretch mark products market size is expected to see strong growth in the next few years. It will grow to $2.42 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to increasing obesity rate, increasing demand for skincare products, rising disposable income, surging demand for topical skin treatment products, growing skin concerns. Major trends in the forecast period include natural and organic formulations, personalized skincare solutions, advanced delivery systems, clinical validation, ai and technology integration.
Increasing individual attention towards self-care is expected to propel the growth of the anti-stretch mark products market. Self-care refers to the practice of protecting one’s own physical and mental health through various activities, including exercise, nutrition, stress reduction, and others. Individuals are increasing their quality time and expenditure on enhancing both internal and external beauty through skin products, including anti-stretch mark products. For instance, according to a survey conducted in February 2021 in the United States found that skin care was the most shopped-for beauty category across all age groups. According to an article published by Helplama, an US-based live chat, email, and voice support service, when it comes to skincare, the largest proportion of Gen Z (41%) buys skincare products, followed by millennials at 40% . Therefore, increasing individual attention towards self-care is expected to boost demand for anti-stretch mark products during the forecast period.
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The anti stretch mark products market covered in this report is segmented –
1) By Product Type: Creams, Body Butter, Lotions, Serum, Massage Oil
2) By Nature: Organic, Convetional
3) By End User: Adults, Kids
4) By Distribution Channel: Hypermarket & Supermarket, Pharmacy & Drug Stores, Specialty Store, Online, Other Distribution Channels
Technological advancement is a key trend gaining popularity in the anti-stretch mark products market. The companies operating in the anti-stretch mark products market are focusing on developing products with innovative ingredients and better outcomes to meet end-customer demand and increase their market presence. For instance, In February 2021, Dermaclara, a USA-based skin brand involved in offering products related to stretch marks, scars & wrinkles, launched enhanced silicone fusion stretch mark patches and kit, which is used to stimulate collagen regulation and reduce stretch marks during and post pregnancy.
The anti stretch mark products market report table of contents includes:
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