The global topical products of stretch marks market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Topical products are intended for use only as an application to human body surfaces. Stretch marks are common in obese people and pregnant women. The major factor driving the demand for topical products of stretch marks is the rising burden of obesity coupled with the growing number of pregnancies across the globe.
According to the World Health Organization (WHO), in 2020, an estimated 39 million children under the age of 5 were overweight or obese. Moreover, as per the same source, more than 1.9 billion adults, 18 years and older, were overweight out of which over 650 million were obese in 2016. Furthermore, as per the Center for Disease Control and Prevention (CDC), there were 3,855,500 births in the US in 2020. Hence, the increasing prevalence of obesity and pregnancies is driving the demand for topical products of stretch marks which in turn is driving the growth of the market.
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Some major players in the market include The Himalaya Drug Co., Helix BioMedix, Inc., HRA Pharma, and Candela Corp., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in October 2020, the Himalaya Drug Company announced that it has expanded its portfolio of Himalaya for moms in their exclusive Mothercare category by launching a two-step skincare routine, Himalaya Stretch Mark Oil & Cream to support reduce the appearance of stretch marks during and post-pregnancy for mothers.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- The Himalaya Drug Co., Helix BioMedix, Inc., HRA Pharma, and Candela Corp., among others.
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Global Topical Products of Stretch Marks Market Report by Segment
By Type
- Creams
- Oils and Serum
- Lotion
- Others
By Application
- Hospital
- Clinic
- Others
Global Topical Products of Stretch Marks Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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