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Foot Care Products - Global Strategic Business Report

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    Report

  • 393 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 450626

Global Foot Care Products Market to Reach $4.4 Billion by 2030

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 5.1% CAGR and reach US$1.4 Billion by the end of the analysis period. Growth in the Foot Cleansing Lotions segment is estimated at 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.

Select Competitors (Total 112 Featured)

  • Bayer AG
  • Chattem, Inc.
  • Conair Corporation
  • Burt`s Bees Products Company
  • Blistex, Inc.
  • DR. Fischer Ltd.
  • Aetrex Worldwide, Inc.
  • Alva-Amco Pharmacal Companies, Inc.
  • Acor Orthopaedic, Inc.
  • CHEMEK laboratore Spol. Sro
  • Efficient Laboratories, Inc.
  • Colonial Medical ABisted Devices, Inc.
  • A. Algeo Ltd.
  • Apothecary Products, LLC.
  • Endeavour Consumer Health

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Foot Care Products Market

What is the estimated value of the Foot Care Products Market?

The Foot Care Products Market was estimated to be valued at $2.9 Billion in 2022.

What is the growth rate of the Foot Care Products Market?

The growth rate of the Foot Care Products Market is 5.3%, with an estimated value of $4.4 Billion by 2030.

What is the forecasted size of the Foot Care Products Market?

The Foot Care Products Market is estimated to be worth $4.4 Billion by 2030.

Who are the key companies in the Foot Care Products Market?

Key companies in the Foot Care Products Market include Bayer AG, Chattem, Inc., Conair Corporation, Burt`s Bees Products Company, Blistex, Inc., DR. Fischer Ltd., Aetrex Worldwide, Inc., Alva, Amco Pharmacal Companies, Inc. and Acor Orthopaedic, Inc..

Table of Contents

I. METHODOLOGYII. 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
  • TABLE 1: World Recent Past, Current & Future Analysis for Foot Care Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Foot Care Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 3: World 16-Year Perspective for Foot Care Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Foot Creams by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Foot Creams by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 6: World 16-Year Perspective for Foot Creams by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Foot Cleansing Lotions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Foot Cleansing Lotions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 9: World 16-Year Perspective for Foot Cleansing Lotions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Slough Scrub Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Slough Scrub Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 12: World 16-Year Perspective for Slough Scrub Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Foot Repair Ointments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Foot Repair Ointments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 15: World 16-Year Perspective for Foot Repair Ointments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 18: World 16-Year Perspective for Other Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 21: World 16-Year Perspective for Medical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 23: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 24: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 25: World Foot Care Products Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Market Overview
  • Growing Incidence of Diabetes Boost Prospects for Foot Care Creams
  • Diabetes and Population Statistics in North America and Caribbean Region (2019, 2030 & 2045)
  • Diabetes Prevalence by Ethnicity: 2019
  • Diabetes Prevalence in the US: Percentage Share Breakdown of Number of Diabetics by Age Group for 2019
  • Aging Population Support Growth
  • Population of 65+ Age Group (in Thousands) in the US for 2019 and 2030
  • Alarming Rise in Obesity to Drive Demand
  • A Glance at Obesity Statistics
  • Prevalence of Obesity Among Adults (20 and above) in the US: 2000
  • Rise in Incidence of Athlete’s foot to Drive Antifungal Cream Sales
  • Market Analytics
  • CANADA
  • JAPAN
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • CHINA
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Market Overview
  • EUROPE
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Market Overview
  • Diabetes and Population Statistics in Europe (2019, 2030 & 2045)
  • Market Analytics
  • FRANCE
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • GERMANY
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • ITALY
  • UNITED KINGDOM
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Market Overview
  • Diabetic Foot Ulcers in UK
  • Market Analytics
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • AUSTRALIA
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
  • INDIA
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • Market Overview
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
  • Foot Care Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Bayer AG
  • Chattem, Inc.
  • Conair Corporation
  • Burt`s Bees Products Company
  • Blistex, Inc.
  • DR. Fischer Ltd.
  • Aetrex Worldwide, Inc.
  • Alva-Amco Pharmacal Companies, Inc.
  • Acor Orthopaedic, Inc.
  • CHEMEK laboratore Spol. Sro
  • Efficient Laboratories, Inc.
  • Colonial Medical ABisted Devices, Inc.
  • A. Algeo Ltd.
  • Apothecary Products, LLC.
  • Endeavour Consumer Health