The North America Anti Stretch Mark Products Market would witness market growth of 3.75% CAGR during the forecast period (2021-2027).
Women are rapidly adopting massage oils worldwide and are considered to be one of the most renowned products provided by the top brands like Weleda and Bio-oil. Some of the commonly used ingredients in these products are coconut oil, olive oil, almond oil, palm oil, and tamanu oil, which are known for decreasing the appearance of stretch mark blemishes.
The region is home to some of the most developed countries such as the US and Canada that are witnessing high demand for wellness and skincare products. Moreover, the government of this region is supportive of the R&D activities of the companies that aim to develop new anti-stretch mark products. The high wellness spending, massive per capita income, and being the hub for worldwide wellness tourism are some of the factors that are boosting the demand & growth of these products in the regional market.
Consumers in the US and Canada are inclined to the major e-commerce platforms such as Amazon and Sephora to purchase skincare items including anti-stretch mark products as these platforms provide various features like a simple return policy, cash-on-delivery (COD), and free home delivery. Thus, these factors would further fuel the demand & growth of anti-stretch mark products in the regional market.
The USA market dominated the North America 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 $190.3 Million by 2027. The Canada market is estimated to grow at a CAGR of 4.1% during (2021 - 2027). Additionally, The Mexico market is would witness a CAGR of 6.1% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Anti Stretch Mark Products Market is Estimated to reach $1,504.93 Million by 2027, at a CAGR of 5.17%
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)
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