Stretch Marks Treatment Market size was over USD 291.4 million in 2023 and is projected to exceed USD 882.78 million by 2036, witnessing over 8.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of stretch marks treatment is assessed at USD 312.15 million. The growth of the market can be attributed primarily to the growing consumption of calorie-laden fast food by a large population, which is one of the major causes of rising prevalence of stretch markets among people. According to the World Health Organization, in 2019, 38.2 million children under the age of 5 years were overweight or obese. Almost half of the children under 5 who were overweight that year lived in Asia. Along with these, changing lifestyle of people around the world, and upsurge in disposable income worldwide are also expected to drive market growth in the forthcoming years. Furthermore, increasing cosmetic concerns among pregnant women, and escalating number of online suppliers for the treatment are projected to offer ample growth opportunities to the market in the near future.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
8.9% |
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Base Year Market Size (2023) |
USD 291.4 million |
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Forecast Year Market Size (2036) |
USD 882.78 million |
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Regional Scope |
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The market is segmented by type into topical products, laser, microdermabrasion, and others, out of which, the topical products segment is anticipated to hold the largest share in the global stretch marks treatment market. This can be accounted to the high usage of corticosteroid medications for treating stretch marks caused due to pale skin, pregnancy and sudden weight gain or loss. Apart from these, rising efforts by manufacturers for the sale of stretch marks creams is also predicted to boost the growth of the market segment in the future. Additionally, the laser segment is assessed to observe robust growth during the forecast period owing to the high effectiveness of this technique in treating stretch marks as compared to other methods as it enhances skin tone and improves texture.
Our in-depth analysis of the global market includes the following segments:
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By Type |
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By End User |
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Regionally, the global market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. Asia Pacific industry is poised to account for largest revenue share by 2036, propelled by rapidly changing lifestyles of consumers, and emergence of online shopping portals for medical products in the region. Moreover, the market in North America is expected to occupy the largest share by the end of 2030, which can be credited to the high healthcare spending, and availability of advanced treatment options in the region. As per the Centers for Medicare and Medicaid Services, the healthcare spending in the U.S. grew 9.7 percent in 2020, reaching a value of USD 4.1 trillion or USD 12,530 per person. In addition, rising consciousness for cosmetic procedures and fashion is also anticipated to propel the market growth in the region in the coming years.
In July 2020, Ocean Clinic launched a brand-new treatment for stretch marks by combining Venus Viva and Dermapen 4, which are two non-invasive pain-free procedures.
The treatment is one of a kind and works by causing micro-injuries beneath the surface of the skin and triggering the body’s natural healing process.
Author Credits: Radhika Pawar
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