Number of pages: 100 | Report Format: PDF | Published date: July 04, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023 to 2031
Report Attribute |
Details |
Market Size Value in 2022 |
US$ 2.70 billion |
Revenue Forecast in 2031 |
US$ 4.29 billion |
CAGR |
5.3% |
Base Year For Estimation |
2022 |
Forecast Period |
2023 to 2031 |
Historical Year |
2021 |
Segments Covered |
Treatment, End User, and Region |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global stretch marks treatment market was valued at US$ 2.70 billion in 2022 and is expected to register a revenue CAGR of 5.3% to reach US$ 4.29 billion by 2031.
Stretch Marks Treatment Market Fundamentals
Stretch marks, also known as striae, are a common skin condition characterized by long, narrow streaks or lines that appear on the surface of the skin. They typically have a different color and texture than the surrounding skin. These marks develop when the skin is stretched or rapidly expanded, causing the middle layer of the skin (dermis) to tear. Stretch marks often occur during periods of rapid growth, such as puberty, pregnancy, or significant weight gain or loss. They can also be influenced by hormonal changes, genetics, and certain medical conditions. Initially, stretch marks may appear as raised, reddish or purple lines on the skin. Over time, they tend to fade and become lighter in color, often taking on a white or silvery appearance. The affected skin may also feel slightly depressed or indented compared to the surrounding skin. Stretch marks treatment refers to the range of methods and techniques used to address and improve the appearance of stretch marks on the skin. The treatment of stretch marks aims to minimize their visibility, promote skin healing, and improve the overall texture and tone of the affected area.
Stretch Marks Treatment Market Dynamics
Stretch marks are a common skin condition that affects a large number of individuals, particularly during periods of rapid growth, such as pregnancy or puberty. The increasing prevalence of stretch marks fuels the demand for treatment options. According to the WHO, nearly 3 billion people are under the age of 25, accounting for 42% of the global population. Adolescents aged 10 to 19 account for around 1.2 billion of these young people. There has been a significant rise in beauty consciousness and awareness about skin appearance among individuals. As a result, more people are seeking treatments to address skin concerns, including stretch marks, which is increasing the stretch marks treatment market demand. The development of advanced skincare products, such as topical creams and lotions specifically designed to address stretch marks, has expanded treatment options for individuals seeking non-invasive solutions. These products often incorporate innovative ingredients and formulations that claim to reduce the appearance of stretch marks. Increasing disposable income in many regions allows individuals to spend more on cosmetic procedures and treatments. As a result, people are more willing to invest in stretch marks treatment to improve their skin's appearance. The accessibility of stretch marks treatment has improved over time, with a growing number of dermatology clinics, medical spas, and skincare centers offering these services. Additionally, online platforms have made it easier for individuals to access information about treatment options and connect with healthcare professionals, which is also expected to boost the stretch marks treatment market growth.
However, stretch marks treatments carry potential risks and side effects. Procedures such as laser therapy and chemical peels may cause redness, swelling, skin sensitivity, or pigmentation changes. Invasive treatments like microdermabrasion or micro-needling have a risk of infection or scarring if not performed correctly, thus restricting the stretch marks treatment market growth. The stretch marks treatment market lacks consistent regulatory standards across different regions. This can lead to variations in the quality and safety of treatment procedures, products, and practitioners. The absence of standardized regulations may impact consumer confidence and make it challenging for individuals to identify reputable providers or products, which is also expected to cramp the stretch marks treatment market growth.
Stretch Marks Treatment Market Ecosystem
The global stretch marks treatment market is analyzed from three perspectives: treatment, end user, and region.
Stretch Marks Treatment Market by Treatment
Based on the treatments, the global stretch marks treatment market is segmented into topical products, laser, and microdermabrasion.
The topical product segment accounted for the largest revenue share of the stretch marks treatment market in 2022, with a 58% market share. The topical product segment is further sub-subsegment into oils & serum, lotion, and creams. Topical products, such as creams, lotions, oils, and gels, are widely accessible and easy to use. They are available over the counter and can be purchased without a prescription, allowing individuals to incorporate them into their skincare routine conveniently. The topical products market offers a wide range of options with different ingredients and formulations. This allows individuals to choose products that suit their preferences, skin type, and specific needs. Ingredients commonly found in stretch marks creams and lotions include retinoids, hyaluronic acid, vitamin E, collagen, cocoa butter, shea butter, and various plant extracts. Topical products often provide moisturizing and nourishing benefits to the skin. They can help hydrate and soften the skin, improving its overall texture and appearance. Regular use of these products can help keep the skin well-nourished, which may contribute to minimizing the visibility of stretch marks. Topical products can also be used in combination with other treatment modalities, such as laser therapy or micro-needling. They can complement these treatments by providing additional hydration, promoting healing, or enhancing the overall effectiveness of the treatment. Compared to some other treatment options, like laser therapy or micro-needling, topical products tend to be more cost-effective. They are generally less expensive and can be a more affordable option for individuals seeking stretch marks treatment, especially those on a limited budget or without insurance coverage.
The laser segment accounted for a considerable stretch marks treatment market share in 2022. Laser therapy is considered one of the most effective treatments for stretch marks. It can significantly reduce the appearance of stretch marks by stimulating collagen production, promoting skin healing, and improving the overall texture and tone of the skin. Laser treatments can target the deeper layers of the skin, reaching the underlying structures responsible for stretch marks. Laser therapy is suitable for treating both newer (reddish or purple) and older (white or silvery) stretch marks. Different types of lasers, such as fractional lasers and pulsed dye lasers, can be used depending on the characteristics of the stretch marks. Laser treatments for stretch marks typically have minimal downtime compared to invasive procedures. While some individuals may experience temporary redness, swelling, or mild discomfort after the procedure, most can resume their regular activities shortly after the treatment. Laser technology has significantly advanced in recent years, leading to safer and more precise treatments. Newer laser systems are designed to minimize potential side effects and complications while maximizing treatment efficacy. This has improved the overall safety profile of laser therapy for stretch marks.
Stretch Marks Treatment Market by End User
Based on the end users, the global stretch marks treatment market is segmented into hospitals & clinics and home use.
The home use segment accounted for the prominent revenue share of the global stretch marks treatment market in 2022. At-home treatments offer convenience, as individuals can use them in the comfort of their own homes without the need for appointments or visits to healthcare professionals. They are readily accessible through various online platforms, beauty stores, or pharmacies. Compared to professional treatments, at-home treatments for stretch marks are often more affordable, making them accessible to a wider range of individuals. This affordability factor appeals to consumers who may not have the financial means to invest in expensive professional treatments. Home treatments can be seen as complementary or adjunctive to professional treatments. Individuals may use these products in combination with professional treatments or in between professional sessions to enhance and maintain the results obtained from professional interventions.
Stretch Marks Treatment Market by Region
Geographically, the global stretch marks treatment market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The North America region has the largest stretch marks treatment market size in terms of revenue generation accounting for around 40.2% share of the market. There is a growing awareness and consciousness about physical appearance and aesthetics among the population in North America. As a result, there is a higher demand for cosmetic procedures, including stretch marks treatment. Individuals are increasingly seeking solutions to address their stretch marks and achieve smoother, more even-toned skin. North America has a well-established network of aesthetic clinics and skincare professionals who offer stretch marks treatment services. The presence of qualified dermatologists, plastic surgeons, and aesthetic practitioners specializing in various treatment modalities creates accessibility and increases the availability of stretch marks treatment options. The North America region is known for its significant advancements in medical and cosmetic technologies. The availability of advanced treatment options, such as laser therapy, microdermabrasion, micro-needling, radiofrequency devices, and chemical peels, contribute to the growth of the stretch marks treatment market.
Stretch Marks Treatment Market Competitive Landscape
The prominent players operating in the global stretch marks treatment market are:
Stretch Marks Treatment Market Strategic Developments
Stretch marks treatment refers to the range of methods and techniques used to address and improve the appearance of stretch marks on the skin. The treatment of stretch marks aims to minimize their visibility, promote skin healing, and improve the overall texture and tone of the affected area.
Asia Pacific can be considered the key growth region due to the surge in stretch marks treatment industry trends in China, Japan, and the Indian subcontinent.
The prominent players operating in the global stretch marks treatment market are Laboratoires Expanscience, Helix BioMedix, Inc., Candela Corporation, Merz Pharma GmbH & Co. KGaA, and Browne Drug Co., Inc.
Market players focus on developing new and innovative products to meet the evolving needs and preferences of consumers. This includes the formulation of advanced topical creams, oils, serums, and other skincare products specifically designed for stretch marks treatment.
The global stretch marks treatment market growth is estimated to grow at a revenue CAGR of 5.3% during the forecast period from 2023 to 2031.
*Insights on financial performance are subject to the availability of information in the public domain