Topical Products of Stretch Marks Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2027
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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