Stretch Mark Removal Products Market size, Insights, Prospects, Growth Trends, Key Trends, Opportunities and Forecast until 2030

According to Future Market Insights (FMI), the market for stretch mark removal products is expected to reach US$ 3 Bn by the end of 2030, rising at a CAGR of 9% between 2020 and 2030. Growing focus on anti-aging care will continue to be a key driver, but FMI analysts found that market is also benefitting from growing focus on weight loss.

From nourishing the skin to removing stretch marks, the demand for effective skincare products is higher than ever before. This, coupled with better access to skincare products at inexpensive prices, has been aiding the expansion of the stretch mark removal products market.

While cream remains one of the leading categories among products available in the market, consumers are gradually moving in favour of more unconventional products such as oils and serums. This paradigm shift is steered by greater focus on deriving benefits from organic and topical ingredients.

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Key Takeaways

  • Market players are focusing on boosting their organic line of products
  • Sales through pharmacies are being complemented by the growing online channel
  • US maintains its position as the largest market, with North America accounting for a sizeable share

The Shift Toward Online Channels

Companies in the stretch mark removal products market are shifting their focus from traditional retail stores to e-commerce platform to boost their sales and increase their customer base.

Ecommerce portals are visited by increasing number of consumers each day. The convenience of shopping, discounts offered, and door-step deliveries are a few benefits of shopping online compared to shopping from brick-and-mortar stores.

Furthermore, online stores present opportunity to compare products and their prices. These factors are tipping scales in flavour of maintaining an online presence. Since the market is highly competitive, an increasing number of players are likely to focus on improving their online visibility. This will augur well for the market in the long run.

Who is winning?

Some of the key players operating in the stretch mark removal products market are Clarins Group, Merz GmbH and Co. KGaA, E.T Browne Drug Co., Union-Swiss Ltd (Bio-Oil), Basq Skincare, Weleda AG, Dermaclara Inc., Mama Mio US Inc., among others.

Some of these companies are focusing more on portfolio expansion. Besides this, they are looking at expanding their physical presence via retail stores. Leading players are even focusing on partnership with prominent retailers to cater to increasing demand.

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Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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