Press release
Foot Care Tools Market – Opportunities in Key Application Sectors by 2025
The main objective of this report is to define, describe, and forecast the global “Foot Care Tools” 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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Rising number of individuals across the globe are getting concerned about hygiene and started to become conscious about their appearance. Individuals have increasingly started to visit salons for manicure and pedicure frequently. Owing to these reasons, foot care tools market is expanding with a significant CAGR across the globe. Increasing fashion trend and consciousness among individuals regarding status in society, the pedicure is increasingly adopted by people. Foot care tools are extensively used by podiatry professionals, pedicure centers such as salons, etc. and used by individuals for personal use as well.
Foot care tools market is expected to increase in terms of revenue significantly over the forecast period, owing to increasing inclination of individuals towards pedicure.
Foot Care Tools Market: Segmentation
Foot care tools market can be segmented on the basis of product type, end-use, sales channel and region.
On the basis of product type, foot care tools market is segmented into nippers, files, scissors, burs, curette, callus trimmers, tips, forceps, nail clippers, nail splitters and others.
Foot care tools market can be further segmented on the basis of end-use into podiatry, pedicure and personal use.
On the basis of sales channel, foot care tools market can be segmented into direct and retail sales. Direct sales refer to direct selling of tools to hospitals, salons, spa and beauty centers. Retail sales are further segmented into pharmacies/drug stores, beauty and cosmetics shops, specialty stores, online retail, modern trade, convenience stores and other retailing formats.
On the basis of region, Foot care tools market can be segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East and Africa and Japan.
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Foot Care Tools market: Drivers, Restraints, and Trends
Increasing consciousness among individuals regarding personal care is expected to fuel the growth of the foot care tools market. Pedicure and manicure are getting popular among customers and increasing fashion trend is driving the sales of foot care tools. Owing to increasing inclination of consumers, salons and spa are increasingly buying the foot care tools. Increasing problems related to foot among individuals is also increasing demand for podiatry treatments which is fueling the demand for foot care tools in hospitals and podiatry clinics.
Low penetration of foot care tools and weak distribution channel could be considered as a restraint and could hamper the sales of foot care tools. Regions with low disposable income and personal care spending such as African countries are expected to contribute minimal revenue share.
Increasing sense of fashion among individuals is trending across the globe and is expected to increase the pedicure segment sales over the forecast period.
Foot Care Tools Market: Regional Outlook
Depending on the geographic regions, global foot care tools market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, APEJ, MEA and Japan.
Foot care tools market is expected to have a relatively high share in North America and Western Europe. Latin America also holds significant value share.
Asia Pacific excluding Japan is expected to expand with relatively high CAGR over the forecast period, owing to increasing fashion trend across the region and increasing cosmetics and personal care expenditure. The Middle East and Africa is expected to expand with relatively low CAGR over the forecast period. Japan is a saturated and fully grown market owing to which foot care tools market is expected to expand slowly
Population around the globe is getting concerned about their appearance among society and are increasingly adopting fashion trends.
Foot Care Tools Market: Key Players
Some of the prominent manufacturers of Foot care tools are A. Algeo Limited, Gehwol, CPC Healthcare, Supremed, Pedicare Professional Footcare Instruments Limited., Gebrüder Nippes GmbH & Co. KG, and other regional players.
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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