LAMEA Anti Stretch Mark Products Market By Product (Creams, Body Butter, Lotions, Serum, and Massage Oil), By Distribution Channel (Hypermarket & Supermarket, Pharmacy & Drug Stores, Specialty Store, Online, and Others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Anti Stretch Mark Products Market would witness market growth of 6.09% CAGR during the forecast period (2021-2027).
While majorly related to pregnant ladies, stretch mark removal products are also adopted by women who are going through their weight-loss journey and desire a workable solution to eliminate stretch marks. In addition, aging is linked with the development of Stretch marks among people. As millennials are becoming more conscious regarding self-care, they are increasingly spending on products that assist them to either slow down or reverse the signs of aging. Thus, these factors are likely to boost the growth and demand for anti-stretch mark products in the market.
Growing awareness about personal appearance and health will contribute to the adoption of anti-stretch mark products. Furthermore, better standards of living are expected to drive the adoption of anti-stretch mark products.
The majority of anti-stretch mark product companies have been creating awareness about these skincare products with the help of digital and social media campaigns as modern consumers are tech-savvy and looking for products that are customized to their needs. Hence, these factors would create conducive environment for the growth of the regional anti-stretch mark products market.
The Brazil market dominated the LAMEA Anti Stretch Mark Products Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $30.3 Million by 2027. The South Africa market is poised to grow at a CAGR of 6.6% during (2021 - 2027). Additionally, The UAE market would exhibit a CAGR of 5.5% during (2021 - 2027).
Based on Product, the Anti-Stretch Mark Products Market is segmented into Creams, Body Butter, Lotions, Serum, and Massage Oil. Based on Distribution Channel, the Anti-Stretch Mark Products Market is classified into Hypermarket & Supermarket, Pharmacy & Drug Stores, Specialty Store, Online, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Beiersdorf AG, L'Oreal Group, Estee Lauder Companies, Inc., The Clorox Company, The Himalaya Drug Company (Himalaya Global Holdings Ltd.), Clarins Group SA, Earth Mama Organics, Crown Laboratories, Inc., and Mustela (Laboratoires Expanscience)
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Body Butter
- Massage Oil
By Distribution Channel
- Hypermarket & Supermarket
- Pharmacy & Drug Stores
- Specialty Store
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Beiersdorf AG
- L'Oreal Group
- Estee Lauder Companies, Inc.
- The Clorox Company
- The Himalaya Drug Company (Himalaya Global Holdings Ltd.)
- Clarins Group SA
- Earth Mama Organics
- Crown Laboratories, Inc.
- Mustela (Laboratoires Expanscience)
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