Title: Foot Care Products Market, Trends, Dynamics and Market Analysis
1Presents a Research Report on
Foot Care Products Market
Global Foot Care Products Market, Trends,
Dynamics and Market Analysis The report on the
Global Foot Care Products Market is segmented By
Product (Foot Repair Ointment, Foot Creams, Foot
Cleansing Lotions, Slough Scrub Products,
Others), By Application (Sports Athletics,
Medical, Personal Comfort), By Distribution
Channel (Drug Stores Pharmacies, Hospitals
Specialty Clinics, Online Stores, Others), and
Region.
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2Foot Care Products Market Growth and Forecast
Highlights Drivers
- The Global Foot Care Products Market is expected
to grow from USD 2.9 billion in 2020 to USD 4.4
billion by 2026 at a CAGR of over 7.2 during the
forecast period. - Feet suffered from blisters to ingrown toenails
to arthritis, injured feet are a public health
concern. The American Academy of Orthopaedic
Surgeons (AAOS) reports that around 43.1 million
residents in the US suffer from foot problems
which nearly equals 1 in every 6 people. - Foot care products include all products in the
remedial and preventive care of foot and ankle. - Every person walks around 115,000 miles during
his/her average lifetime, and about 30 of the
people face foot problems at some point in their
lives. - An increase in the number of individuals
suffering from foot infections has further
escalated the demand for foot care products. - Foot care products are critical for sustaining
proper foot health. - The rising penetration of the internet and
growing awareness for e-commerce distribution
channels have substantially increased the
adoption of locally manufactured goods, which is
expected to offer immense opportunities to the
industry players. - Moreover, a rise in the demand from millennials,
better distribution channels, and improvement in
marketing strategies further augment the market
growth. - However, price sensitivity is likely to hinder
product consumption.
3Market Insights
- By Product Type
- The market has been categorized into foot repair
ointment, foot creams, foot cleansing lotions,
slough scrub products, others. - Among these, the foot creams segment witnessed
the largest market share in 2020. - Cosmetic and personal care products are gaining
popularity among target consumers, due to
convenient packaging design. - Furthermore, due to their creamy texture, these
creams help to keep the feet hydrated, preventing
dry skin, thus bolstering the segment growth. - By Region
- The Asia Pacific market held the largest market
share in 2020 and is estimated to register a
robust CAGR during the forecast period. - This is majorly attributed to an increase in
purchasing power, rapid urbanization, preference
for different personal care cosmetic products,
and the presence of a wide consumer base. - Also, the consumers are shifting towards organic
and natural ingredients instead of
chemical-based, thus offering lucrative
opportunities to the market participants.
4Competitive Insights
Foot Care Products Market, regional expansion,
and execution of mergers acquisitions are the
key strategies adopted by the major players to
gain a competitive edge in the market. Key
Companies Analysed
- Johnson Johnson (The US),
- Del Laboratories (The US),
- HoMedics (The US),
- PediFix, Inc (The US),
- Alva-Amco Pharmacal, Inc, (The US),
- Revlon (The US),
- Aetna Foot Products (The US),
- Blistex Inc (The US),
- Glaxosmithkline Plc (UK), and
- Miracle of Aloe (The US).
5Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
6Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
7About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
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