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Foot Care Products Market Size & Shares, Strategies and Forecast Worldwide, 2017 - 2025

05-16-2018 09:55 AM CET | Health & Medicine

Press release from: MarketResearchReports.biz

Foot Care Products Market Size & Shares, Strategies and Forecast

The report "Foot Care Products Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 ", has been prepared based on an in-depth market analysis with inputs from industry experts.

The main objective of this report is to define, describe, and forecast the global “Foot Care Products” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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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.

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.

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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.

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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
Recommendations to companies for strengthening their foothold in the market

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