Global Stretch Market at a CAGR of 7.05 % Growth, Trends and Absolute Oppo

Posted by ganesha on February 20th, 2020

Attaining complete info about the trends and opportunities in the industry is fairly time consuming process but the market report eases it for businesses. Stretch Market research report acts as a valued source of information with which businesses can achieve a telescopic view of the current market trends, consumer’s demands and preferences, market situations, opportunities and market status. The report comprises of a number of market dynamics and estimations of the growth rate and the market value based on market dynamics and growth inducing factors. To formulate this Stretch Marks  report, detailed market analysis has been performed with the inputs from industry experts.

Global Stretch marks Market is set to witness a substantial CAGR of 7.05% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017.

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Market Definition: Global Stretch Marks Market

Stretch marks are depressed lines that often appear on the stomach, hips, breasts, buttocks and thighs. Stretch marks can occur during pregnancy especially during the last trimester, due to heredity, overweight or obese. Stretch marks do not require any medical treatment. They can be fade out over the time and are harmless. Seeking treatment for stretch marks can be partially effective as the treatment can’t remove the stretch marks completely

Market Drivers

• Increasing disposable earnings is expected to be a driving factor for the market growth
• High consumption of calorie-laden fat food by a large population will propel the growth of the market
• The topical products segments are comparatively cheaper in price and are abundant via wide distribution channels, which lead to the growth of this market for a long run
• Efforts by the manufacturers for topical products promotion because of the physician recommendation is also augmenting the market growth

Market Restraints

• High risk of side-effects on the skin  is expected to restrain the growth of the market
• Availability of natural treatments  will hinder the market in the forecast period
• High cost stretch marks treatment drugs is also hampering the market growth

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Segmentation: Global Stretch Marks Market

By Treatment

• Topical Products
  • Retinoid Cream
    • Retin-A
    • Renova
    • Avita
  • Oils & Serum
  • Lotions
  • Others
• Light and Laser Therapies
  • Fractional Lasers
  • Pulse-Dye Lasers
  • Others
• Microdermabrasion
• Plastic Surgery
• Others

By End User

• Hospitals
• Clinics
• Specialty Dermatology Centers
• Home Care
• Others

By Distribution

• Online Pharmacy
• Retail Pharmacy
• Others

Key Developments in the Market:

• In July, 2019 Laboratoire HRA Pharma acquired rights of Mederma brand from Merz Pharmaceuticals GmbH. Mederma is one of the market leader in scar care treatments and provides wide range of over-the-counter products for the stretch marks, skin care, and scar care categories. The acquisition will help the company to increase customer base and the combined resources of both the companies which will help to increase revenue generation and expansion of the stretch marks market
• In March, 2019 Lumenis has launched “No more stretch marks’ campaign. The campaign is aimed to spread awareness amongst women to eliminate stretch marks and body scars. The campaign will help company to enhance its presence among customers as the campaign will  run on both digital medium as well as off line medium

Competitive Analysis:

Global Stretch Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of stretch marks market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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