Foot Care Products Development Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
"Foot
Care Products Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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From
blisters to ingrown toenails to arthritis, injured feet present a
public health concern. The American Academy of Orthopaedic Surgeons
(AAOS) reports that approximately 43.1 million residents in the U.S.
suffer from foot problems, which nearly equals to 1 in every 6
people. Foot care products include all products involved in the
preventive and remedial care of ankle and foot. Every human being
walks about 115,000 miles during his average lifetime, and 30% of
people face foot problems at some point in their lives. The problems
could be due to ill-fitting shoes, result of injury, general wear or
tear, or may result from disease complications. Foot care products
are vital for avoiding and sustaining proper foot health. Patients
suffering from circulatory diseases or diabetes mellitus are 20 times
more likely to have foot problems. Problems with feet include planter
warts, nerve disorder, foot pain, fungal infections, joint
inflammation, torn ligaments, tissue injuries, broken bones, and
bacterial infections.
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The
global foot care products market has maintained a constant growth
rate from many years. There is an increasing requirement for foot
maintenance products which can help to maintain better esthetics and
hygiene. Fast changing lifestyle and changing fashion have increased
the skin exposure of feet, thus leading to growing demands for foot
care products. Foot care products have gained more popularity among
women due to increasing trend of open-toe sandals and shoes.
Nowadays, consumers are searching for foot repair ointments,
cleansing lotions, creams, and sloughing scrub which can show
immediate results. Aging baby boomers, increase in the number of
diabetic patients, and infections due to bacteria are the major
factors which are driving the growth of the global foot care products
market. Additionally, the rise in consciousness, personal hygiene &
fashion trends are some of the trends followed in society. For
example, pedicure is increasingly adopted by people. Many of the foot
care tools, devices, gels, creams, and medicines are used by pedicure
centers, podiatry professionals, and diagnostic centers.
Conversely, factors such as weak distribution
channels and less penetration of foot care products and tools might
hamper the sales of foot care products, restricting the growth of the
market during the forecast period. Countries with less disposable
income and personal care spending, for example African countries, are
anticipated to contribute less to growth of the global foot care
products market.
The global foot care products market is segmented
by product, condition, end-user, and region. In terms of product, the
global foot care products market is segmented into antifungal
treatment products, athlete’s foot treatments, blister treatments,
foot bandages and toe separators, and others such as foot care, odor
control, and pain management. Based on condition, the market is
segmented into athlete’s foot, heel pain, calluses and corns,
diabetic foot, and others. In terms of end-user, the market is
classified as hospitals, private clinics, ambulatory surgical
centers, academic and research institutes, and others.
Geographically, the global foot care products
market is distributed over North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa. Asia Pacific dominates the
global market for foot care products. North America and Europe
account for major shares of the global market. Consumers’ curiosity
in foot care products that cleanse, exfoliate, moisturize, and
provide cosmetic treatment has propelled many suppliers to provide
new and innovative beauty-related foot care products. In the U.S.,
medications and devices constitute a major share of the market and
are the fastest growing segments of the market for foot care
products.
Major players operating in the global foot care
products market include Johnson & Johnson, Merck & Co, Inc.,
Del Laboratories, HoMedics, Inc., PediFix, Inc., Dr Foot, Alva-Amco
Pharmacal, Inc., Revlon, Inc., Aetrex Worldwide, Inc., Novartis
Consumer Health, and Miracle of Aloe.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
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