Published Date: 22-Dec-2021
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According to a new report Global Anti Stretch Mark Products Market, published by KBV research, The Global Anti Stretch Mark Products Market size is expected to reach $1,504.93 billion by 2027, rising at a market growth of 5.17% CAGR during the forecast period.
The serum segment would showcase the fastest growth rate during the forecasting period. Over the years, there has been a sharp rise in the utilization of anti-stretch mark products around the world. In addition, naturally occurring ingredients like plant extracts, avocado oil, and jojoba oil are included in these serums as effective ingredients due to the rising trend of natural skincare products.
The online distribution channel would display a promising growth rate during the forecasting period. This is attributed to the rising penetration of mobile phones and the internet. This trend is also prevalent in emerging nations like Brazil and India and various nations in Africa. As per the Associated Chambers of Commerce and Industry of India, around 62% of youth in major Indian cities are willing to buy skincare products from online channels.
The Asia Pacific market dominated the Global Anti Stretch Mark Products Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $649.8 Million by 2027. The North America market is experiencing a CAGR of 3.8% during (2021 - 2027). Additionally, The Europe market would showcase a CAGR of 4.8% during (2021 - 2027).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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)
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