The modern-day document posted via Report Ocean, titled “Foot Care Products Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
According to Report Ocean, the global foot care products market was valued at $2.92 billion in 2019, and is anticipated to reach $4.5 billion by 2027, with a CAGR of 7.10% during the forecast period. The foot care products market exhibits an incremental revenue opportunity of $1.6 billion from 2020 to 2027 Foot care products are personal care products, which are involved in the preventive and remedial care of ankle and foot. These products are sold through various supply chains such as drug stores & pharmacies, hospitals & clinics, and online stores. The foot care products are sold in various forms, including foot creams, foot repair ointment, foot cleansing lotions, and slough scrub products. The global foot care market is growing at steady pace with a growth rate of 6.5-7.0%. .
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Rapid growth in e-commerce distribution is the prime factor responsible for counterfeiting of cosmetic products. According to a report by the Financial Times, the online distribution of non-grocery goods grew by 12.7% to contribute around 24.3% of the total sales in 2018. The cosmetic industry has been strongly hit by counterfeit activities due to large number of consumers purchasing products through online sales channels. In addition, lack of brand loyalty among consumers while purchasing cosmetic products is responsible for decrease in penetration of cosmetic products.
Companies operating in the foot care products market face challenges from fake product distributers, thus witnessing decline in terms of sales. Such increased counterfeit activities due to lack of effective supply chain management is expected to hamper the revenue growth of personal care and cosmetic products market during the forecast period.
The foot care products market is segmented into product, application, distribution channel, and region. By product, it is categorized into foot repair ointment, foot creams, foot cleansing lotions, slough scrub products, and others. On the basis of application, it is categorized into sports & athletics, medical, and personal comfort. Depending on distribution channel, it is bifurcated into drug stores & pharmacies, hospitals & clinics, online stores, and others. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, the Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
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KEY BENEFITS FOR STAKEHOLDERS
– The study provides an in-depth analysis of the global foot care products market, with current and future trends to elucidate the imminent investment pockets in the market.
– The report provides information regarding drivers, restraints, and opportunities with impact analysis.
– A quantitative analysis from 2019 to 2027 is provided to showcase the financial competency of the market.
– Porter’s five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
– Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
– Competitive intelligence highlights the business practices followed by the leading market players across various regions.
The key players profiled in this report include Johnson & Johnson, Del Laboratories, HoMedics, PediFix, Inc, Alva-Amco Pharmacal, Inc., Revlon, Aetna Foot Products, Blistex Inc., Glaxosmithkline Plc, and Miracle of Aloe.
Key market segments
By Product
– Foot Repair Ointment
– Foot Creams
– Foot Cleansing Lotions
– Slough Scrub Products
– Others
By Application
– Sports & Athletics
– Medical
– Personal Comfort
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By Distribution Channel
– Drug Stores & Pharmacies
– Hospitals & Specialty Clinics
– Online Stores
– Others
By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
– Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
– LAMEA
o Latin America
o Middle East
o Africa
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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