Foot Care Products Market Size is projected to reach USD 6,077.19 Million by 2031, growing at a CAGR of 7.20%: Straits Research

The global foot care products market size was valued at USD 3,250.5 million in 2022. It is expected to reach USD 6,077.19 million by 2031, growing at a CAGR of 7.20% during the forecast period (2023–2031). Asia-Pacific is the most significant contributor and is expected to grow at a CAGR of 6.50% during the forecast period.

| Source: Straits Research Straits Research

New York, United States, Aug. 02, 2023 (GLOBE NEWSWIRE) -- People participating in indoor and outdoor activities frequently use over-the-counter foot care products to nourish the skin. Foot care products aid the recovery of harmed and infected skin because they contain antioxidants, vitamins, and other calming ingredients. Most consumers nowadays prefer organic products. Organic foot care products include essential oils among their ingredients.


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Availability of Organic Goods Drives the Global Market

Local consumers who frequent the mass market strongly favor natural and homemade foot care products and organic products made with essential oils. End-users buy most organic foot care products from conventional supply chains. Growing internet usage and greater knowledge of e-commerce distribution channels have significantly boosted the sale of locally produced goods in the global market. SMEs are investing in various marketing and advertising initiatives to increase consumer awareness of their products. The widespread use of organic foot care products and consumer preference for organic/natural cosmetics is expected to fuel market revenue growth during the forecast period.

Direct Distribution Network Profitability Creates Tremendous Opportunities

SMEs distribute their goods across several regions through online distribution channels or mail-order sales. Further, the leading companies in the market focus on direct product distribution via authorized retailers and online marketplaces. These competitors have concentrated on using direct sales channels to market and distribute their unique product offerings. The cost of goods has significantly decreased due to the supply chain's adoption of a direct distribution strategy. These strategies also allow players to sell reasonably priced, non-premium goods to the general public. As a result, adopting direct distribution strategies during the forecast period will offer a sizable opportunity for revenue growth in the market for foot care products.


Report Scope

Report MetricDetails
Market Size by 2031USD 6,077.19 million
Market Size in 2022USD 3,250.5 million
CAGR7.20%
Historical Data2020-2021
Base Year2022
Forecast Period2023-2031
Forecast UnitsValue (USD Million)
Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments CoveredBy Product, By Applications, By Distribution channel
Geographies CoveredNorth America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/VendorsAetna Foot Products, Alva-Amco Pharmacal Companies Inc, Blistex Inc, Combe Incorporated, GlaxoSmithKline Plc, Homedics USA LLC, Miracle of Aloe, Pedifix Inc, Revlon Inc, Scholl’s Wellness Co
Key Market OpportunitiesDirect Distribution Network Profitability
Key Market DriversAvailability of Organic Goods

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Regional Analysis

Asia-Pacific is the most significant contributor and is expected to grow at a CAGR of 6.50% during the forecast period. This region has the greatest potential for foot care products and is anticipated to grow the fastest in the coming years. The growing middle class, which has higher expectations for luxury skincare, body care, and foot care products, is responsible for this growth. The population in the Asia-Pacific region prefers different cosmetics and personal care products, which is one of the main market-driving factors, along with an expanding urbanization rate and a sizable customer base. In addition, consumers in this region are more drawn to products that complement skincare routines. The market's growth is also significantly accelerated by consumers' growing preference for cosmetics made from natural and organic ingredients rather than synthetic ones.

Europe is expected to grow at a CAGR of 8.0% during the forecast period. The need to maintain personal hygiene and well-being and consumer awareness of these products have increased demand for foot care products. The market for foot care products is anticipated to grow significantly in Europe due to the rising demand from various end-user consumers, including sports players and athletes. In addition, Germany and the UK are the most lucrative markets in Europe for foot care products due to a rise in millennial demand for personal care products. Improved distribution methods are increasing sales of foot care products. An increase in social media marketing initiatives is raising consumer awareness of local foot care products. Additionally, advertisements on the internet, television, and magazines can provide information about the advantages of foot care products. All these factors combined have led to an increase in the market for foot care products in Europe.

Key Highlights

  • The global foot care products market size is expected to reach USD 6,077.19 million by 2031, growing at a CAGR of 7.20% during the forecast period (2023–2031).
  • Based on the product, the global foot care products market is bifurcated into foot repair ointment, foot creams, foot cleansing lotions, and slough scrub products. The foot creams segment is the highest contributor to the market and is expected to grow at a CAGR of 5.80% during the forecast period.
  • Based on the application, the global foot care products market is bifurcated into sports and athletics, medical, and personal comfort. The medical segment owns the highest market share and is expected to grow at a CAGR of 6.5% during the forecast period.
  • Based on the distribution channel, the global foot care products market is bifurcated into drug stores and pharmacies, hospitals and specialty clinics, and drug stores and pharmacy stores. The hospitals and clinic segment is the highest contributor to the market and is expected to grow at a CAGR of 7.14% during the forecast period.
  • Asia-Pacific is the most significant contributor and is expected to grow at a CAGR of 6.50% during the forecast period.

The global foot care products market’s major key players are

  • Aetna Foot Products
  • Alva-Amco Pharmacal Companies Inc.
  • Blistex Inc.
  • Combe Incorporated
  • GlaxoSmithKline Plc.
  • Homedics USA LLC
  • Miracle of Aloe
  • Pedifix Inc.
  • Revlon Inc. 
  • Scholl’s Wellness Co.


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Global Foot Care Products Market: Segmentation

By Product

  • Foot repair ointment
  • Foot creams
  • Foot cleansing lotions
  • Slough scrub products
  • Others

By Applications

  • Sports and athletics
  • Medical
  • Personal Comfort

By Distribution channel

  • Drug stores and Pharmacies
  • Hospitals and Specialty Clinics
  • Online Stores
  • Others

By Regions

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA


TABLE OF CONTENT

  1. EXECUTIVE SUMMARY
  2. RESEARCH SCOPE & SEGMENTATION 
    1. Research Objectives
    2. Market Definition
    3. Limitations & Assumptions
    4. Market Scope & Segmentation
    5. Currency & Pricing Considered
  3. MARKET OPPORTUNITY ASSESSMENT 
    1. Emerging Regions / Countries
    2. Emerging Companies
    3. Emerging Applications / End Use
    4. Investment Landscape
    5. New Business Models / Revenue Streams
    6. TAM
  4. MARKET TRENDS 
    1. Drivers
    2. Market Warning Factors
    3. Latest Macro Economic Indicators
    4. Geopolitical Impact
    5. Human Factors
    6. Technology Factors
  5. MARKET ASSESSMENT 
    1. Porters Five Forces Analysis
    2. Value Chain Analysis
    3. Sales And Distribution Channel Analysis
    4. Average Pricing Analysis
    5. Patent Analysis
    6. M & A Agreements & Collabration Analysis
    7. Export Import Analysis
  6. ESG TRENDS
  7. GLOBAL FOOT CARE PRODUCTS MARKET SIZE ANALYSIS 
    1. Global Foot Care Products Market Introduction
    2. By Product
      1. Introduction
        1. Product By Value
      2. Foot Repair Ointment
        1. By Value
      3. Foot Creams
        1. By Value
      4. Foot Cleansing Lotions
        1. By Value
      5. Slough Scrub Products
        1. By Value
      6. Others
        1. By Value
    3. By Applications
      1. Introduction
        1. Applications By Value
      2. Sports And Athletics
        1. By Value
      3. Medical
        1. By Value
      4. Personal Comfort
        1. By Value
    4. By Distribution Channel
      1. Introduction
        1. Distribution Channel By Value
      2. Drug Stores And Pharmacies
        1. By Value
      3. Hospitals And Specialty Clinics
        1. By Value
      4. Online Stores
        1. By Value
      5. Others
        1. By Value
  8. NORTH AMERICA MARKET ANALYSIS 
    1. Introduction
    2. By Product
      1. Introduction
        1. Product By Value
      2. Foot Repair Ointment
        1. By Value
      3. Foot Creams
        1. By Value
      4. Foot Cleansing Lotions
        1. By Value
      5. Slough Scrub Products
        1. By Value
      6. Others
        1. By Value
    3. By Applications
      1. Introduction
        1. Applications By Value
      2. Sports And Athletics
        1. By Value
      3. Medical
        1. By Value
      4. Personal Comfort
        1. By Value
    4. By Distribution Channel
      1. Introduction
        1. Distribution Channel By Value
      2. Drug Stores And Pharmacies
        1. By Value
      3. Hospitals And Specialty Clinics
        1. By Value
      4. Online Stores
        1. By Value
      5. Others
        1. By Value
    5. U.S. 
      1. By Product
        1. Introduction
          1. Product By Value
        2. Foot Repair Ointment
          1. By Value
        3. Foot Creams
          1. By Value
        4. Foot Cleansing Lotions
          1. By Value
        5. Slough Scrub Products
          1. By Value
        6. Others
          1. By Value
      2. By Applications
        1. Introduction
          1. Applications By Value
        2. Sports And Athletics
          1. By Value
        3. Medical
          1. By Value
        4. Personal Comfort
          1. By Value
      3. By Distribution Channel
        1. Introduction
          1. Distribution Channel By Value
        2. Drug Stores And Pharmacies
          1. By Value
        3. Hospitals And Specialty Clinics
          1. By Value
        4. Online Stores
          1. By Value
        5. Others
          1. By Value
    6. Canada
  9. EUROPE MARKET ANALYSIS 
    1. Introduction
    2. By Product
      1. Introduction
        1. Product By Value
      2. Foot Repair Ointment
        1. By Value
      3. Foot Creams
        1. By Value
      4. Foot Cleansing Lotions
        1. By Value
      5. Slough Scrub Products
        1. By Value
      6. Others
        1. By Value
    3. By Applications
      1. Introduction
        1. Applications By Value
      2. Sports And Athletics
        1. By Value
      3. Medical
        1. By Value
      4. Personal Comfort
        1. By Value
    4. By Distribution Channel
      1. Introduction
        1. Distribution Channel By Value
      2. Drug Stores And Pharmacies
        1. By Value
      3. Hospitals And Specialty Clinics
        1. By Value
      4. Online Stores
        1. By Value
      5. Others
        1. By Value
    5. U.K. 
      1. By Product
        1. Introduction
          1. Product By Value
        2. Foot Repair Ointment
          1. By Value
        3. Foot Creams
          1. By Value
        4. Foot Cleansing Lotions
          1. By Value
        5. Slough Scrub Products
          1. By Value
        6. Others
          1. By Value
      2. By Applications
        1. Introduction
          1. Applications By Value
        2. Sports And Athletics
          1. By Value
        3. Medical
          1. By Value
        4. Personal Comfort
          1. By Value
      3. By Distribution Channel
        1. Introduction
          1. Distribution Channel By Value
        2. Drug Stores And Pharmacies
          1. By Value
        3. Hospitals And Specialty Clinics
          1. By Value
        4. Online Stores
          1. By Value
        5. Others
          1. By Value
    6. Germany
    7. France
    8. Spain
    9. Italy
    10. Russia
    11. Nordic
    12. Benelux
    13. Rest Of Europe
  10. APAC MARKET ANALYSIS 
    1. Introduction
    2. By Product
      1. Introduction
        1. Product By Value
      2. Foot Repair Ointment
        1. By Value
      3. Foot Creams
        1. By Value
      4. Foot Cleansing Lotions
        1. By Value
      5. Slough Scrub Products
        1. By Value
      6. Others
        1. By Value
    3. By Applications
      1. Introduction
        1. Applications By Value
      2. Sports And Athletics
        1. By Value
      3. Medical
        1. By Value
      4. Personal Comfort
        1. By Value
    4. By Distribution Channel
      1. Introduction
        1. Distribution Channel By Value
      2. Drug Stores And Pharmacies
        1. By Value
      3. Hospitals And Specialty Clinics
        1. By Value
      4. Online Stores
        1. By Value
      5. Others
        1. By Value
    5. China 
      1. By Product
        1. Introduction
          1. Product By Value
        2. Foot Repair Ointment
          1. By Value
        3. Foot Creams
          1. By Value
        4. Foot Cleansing Lotions
          1. By Value
        5. Slough Scrub Products
          1. By Value
        6. Others
          1. By Value
      2. By Applications
        1. Introduction
          1. Applications By Value
        2. Sports And Athletics
          1. By Value
        3. Medical
          1. By Value
        4. Personal Comfort
          1. By Value
      3. By Distribution Channel
        1. Introduction
          1. Distribution Channel By Value
        2. Drug Stores And Pharmacies
          1. By Value
        3. Hospitals And Specialty Clinics
          1. By Value
        4. Online Stores
          1. By Value
        5. Others
          1. By Value
    6. Korea
    7. Japan
    8. India
    9. Australia
    10. Taiwan
    11. South East Asia
    12. Rest Of Asia-Pacific
  11. MIDDLE EAST AND AFRICA MARKET ANALYSIS 
    1. Introduction
    2. By Product
      1. Introduction
        1. Product By Value
      2. Foot Repair Ointment
        1. By Value
      3. Foot Creams
        1. By Value
      4. Foot Cleansing Lotions
        1. By Value
      5. Slough Scrub Products
        1. By Value
      6. Others
        1. By Value
    3. By Applications
      1. Introduction
        1. Applications By Value
      2. Sports And Athletics
        1. By Value
      3. Medical
        1. By Value
      4. Personal Comfort
        1. By Value
    4. By Distribution Channel
      1. Introduction
        1. Distribution Channel By Value
      2. Drug Stores And Pharmacies
        1. By Value
      3. Hospitals And Specialty Clinics
        1. By Value
      4. Online Stores
        1. By Value
      5. Others
        1. By Value
    5. UAE 
      1. By Product
        1. Introduction
          1. Product By Value
        2. Foot Repair Ointment
          1. By Value
        3. Foot Creams
          1. By Value
        4. Foot Cleansing Lotions
          1. By Value
        5. Slough Scrub Products
          1. By Value
        6. Others
          1. By Value
      2. By Applications
        1. Introduction
          1. Applications By Value
        2. Sports And Athletics
          1. By Value
        3. Medical
          1. By Value
        4. Personal Comfort
          1. By Value
      3. By Distribution Channel
        1. Introduction
          1. Distribution Channel By Value
        2. Drug Stores And Pharmacies
          1. By Value
        3. Hospitals And Specialty Clinics
          1. By Value
        4. Online Stores
          1. By Value
        5. Others
          1. By Value
    6. Turkey
    7. Saudi Arabia
    8. South Africa
    9. Egypt
    10. Nigeria
    11. Rest Of MEA
  12. LATAM MARKET ANALYSIS 
    1. Introduction
    2. By Product
      1. Introduction
        1. Product By Value
      2. Foot Repair Ointment
        1. By Value
      3. Foot Creams
        1. By Value
      4. Foot Cleansing Lotions
        1. By Value
      5. Slough Scrub Products
        1. By Value
      6. Others
        1. By Value
    3. By Applications
      1. Introduction
        1. Applications By Value
      2. Sports And Athletics
        1. By Value
      3. Medical
        1. By Value
      4. Personal Comfort
        1. By Value
    4. By Distribution Channel
      1. Introduction
        1. Distribution Channel By Value
      2. Drug Stores And Pharmacies
        1. By Value
      3. Hospitals And Specialty Clinics
        1. By Value
      4. Online Stores
        1. By Value
      5. Others
        1. By Value
    5. Brazil 
      1. By Product
        1. Introduction
          1. Product By Value
        2. Foot Repair Ointment
          1. By Value
        3. Foot Creams
          1. By Value
        4. Foot Cleansing Lotions
          1. By Value
        5. Slough Scrub Products
          1. By Value
        6. Others
          1. By Value
      2. By Applications
        1. Introduction
          1. Applications By Value
        2. Sports And Athletics
          1. By Value
        3. Medical
          1. By Value
        4. Personal Comfort
          1. By Value
      3. By Distribution Channel
        1. Introduction
          1. Distribution Channel By Value
        2. Drug Stores And Pharmacies
          1. By Value
        3. Hospitals And Specialty Clinics
          1. By Value
        4. Online Stores
          1. By Value
        5. Others
          1. By Value
    6. Mexico
    7. Argentina
    8. Chile
    9. Colombia
    10. Rest Of LATAM
  13. COMPETITIVE ASSESSMENT 
    1. Adoption Matrix
    2. Foot Care Products Market Share By Manufacturers
    3. Foot Care Products Market Ranking By Revenue For Manufacturers
    4. Average Price By Manufacturers
    5. Vendor Footprint Analysis
  14. MARKET PLAYERS ASSESSMENT 
    1. Aetna Foot Products 
      1. Overview
      2. Business Information
      3. Revenue
      4. ASP
      5. Gross Margin
      6. Swot Analysis
      7. Recent Developmments
    2. Alva-Amco Pharmacal Companies Inc
    3. Blistex Inc
    4. Combe Incorporated
    5. GlaxoSmithKline Plc
    6. Homedics USA LLC
    7. Miracle Of Aloe
    8. Pedifix Inc
    9. Revlon Inc
    10. Scholl’s Wellness Co
  15. RESEARCH METHODOLOGY 
    1. Research Data
      1. Secondary Data
        1. Major Secondary Sources
        2. Key Data From Secondary Sources
      2. Primary Data
        1. Key Data From Primary Sources
        2. Breakdown Of Primaries
      3. Secondary And Primary Research
        1. Key Industry Insights
    2. Market Size Estimation
      1. Bottom-Up Approach
      2. Top-Down Approach
      3. Market Projection
    3. Research Assumptions
      1. Assumptions
    4. Limitations
    5. Risk Assessment
  16. APPENDIX 
    1. Discussion Guide
    2. Customization Options
    3. Related Reports
  17. DISCLAIMER


Table of Content and Figure @ https://straitsresearch.com/report/foot-care-products-market/toc


Market News

  • In October 2022, Healthium launched a patented dressing product to manage chronic wounds like diabetic foot ulcers.
  • In January 2023, EMUAID® debuted next-level foot care with Ionic Silver Socks.


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Mot-clé

Foot Care Products Market size Foot care solutions foot care products industry foot care goods organic foot care product APAC

Hyperliens