Dublin, July 04, 2023 (GLOBE NEWSWIRE) -- The "Foot Care Products: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Foot Care Products estimated at US$2.9 Billion in the year 2022, is projected to reach a revised size of US$4.4 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2022-2030.
Foot Creams, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$1.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Foot Cleansing Lotions segment is readjusted to a revised 5.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $553.5 Million, While China is Forecast to Grow at 6.8% CAGR
The Foot Care Products market in the U.S. is estimated at US$553.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$673.7 Million by the year 2030 trailing a CAGR of 6.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 4.9% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 4.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$597.2 Million by the year 2030.
Select Competitors (Total 112 Featured) -
- Aetna Felt Corporation
- Aetrex Worldwide, Inc.
- Alva-Amco Pharmacal Companies, Inc.
- Blistex Inc.
- Chattem, Inc.
- Footcare Express Inc.
- GlaxoSmithKline Plc.
- HoMedics, Inc.
- Implus LLC
- Johnson & Johnson
- Miracle of Aloe
- PediFix, Inc.
- ProFoot, Inc.
- Scholl's Wellness Co.
- Spenco Medical Corporation
- Tweezerman International LLC
- Xenna Corporation
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 393 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2.9 Billion |
| Forecasted Market Value (USD) by 2030 | $4.4 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Foot Care Products - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Foot Care Products Market: A Prelude
- Foot Facts & Figures
- Foot Care Product Categories
- Market Outlook
- Geographic Landscape
- Recent Industry Activity
- World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growing Focus on Self Care Boost OTC Foot Care Products
- Frequency of Foot Care Products Usage: 2019
- Manufacturers Focus on Enabling Self-Care, Educating Customers
- Women: An Important Consumer Cluster
- Reasons for Using Foot Care Products among Women
- Rising Interest in Grooming Among Men Signals Opportunities
- Foot Care Products Usage Frequency (In %) Among Male Consumers by Age Group
- Product Innovations Steer Growth
- Growing Use of Natural and Organic Ingredients
- Nanomedicine to Improve Anti-Fungal Treatment
- E-Retailing Expands Growth Opportunities
- Factors Influencing Online Purchase Decision - Percentage Share Breakdown by Consumer Preferences
- Significance of Foot-Care in Diabetic Population
- Alarming Levels of Diabetes Incidence Worldwide Drives Demand for Foot Care Products
- World Diabetes and Population Statistics (2019, 2030 & 2045)
- World Diabetes Prevalence (2000-2019)
- Smart Socks: The Future of Diabetic Foot Care?
- Obese Population: A Weighty Market Driver
- Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
- Aging Population Offers Growth Prospects
- Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Emerging Middle Class in Developing Countries to Fuel Market
- Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
- Natural Remedies Remain a Challenge
- GENERAL FOOT PROBLEMS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/wmnfhy
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