Dublin, Sept. 01, 2021 (GLOBE NEWSWIRE) -- The "Foot Care Products - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global market for Foot Care Products estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$3.7 Billion by 2027, growing at a CAGR of 4.7% over the analysis period 2020-2027.
Foot Creams, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$1.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Foot Cleansing Lotions segment is readjusted to a revised 4.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $521.4 Million, While China is Forecast to Grow at 6.2% CAGR
The Foot Care Products market in the U.S. is estimated at US$521.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$551.7 Million by the year 2027 trailing a CAGR of 6.2% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 4.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.
Slough Scrub Products Segment to Record 5.4% CAGR
In the global Slough Scrub Products segment, USA, Canada, Japan, China and Europe will drive the 5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$343.1 Million in the year 2020 will reach a projected size of US$481.8 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$490.3 Million by the year 2027, while Latin America will expand at a 6.2% CAGR through the analysis period.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Foot Care Products Market: A Prelude
Foot Facts & Figures
Foot Care Product Categories
Recent Industry Activity
2. FOCUS ON SELECT PLAYERS(Total 112 Featured)
Aetna Felt Corporation
Aetrex Worldwide, Inc.
Alva-Amco Pharmacal Companies, Inc.
Footcare Express Inc.
Johnson & Johnson
Miracle of Aloe
Scholl's Wellness Co.
Spenco Medical Corporation
Tweezerman International LLC
3. MARKET TRENDS & DRIVERS
Growing Focus on Self Care Boost OTC Foot Care Products
Manufacturers Focus on Enabling Self-Care, Educating Customers
Women: An Important Consumer Cluster
Rising Interest in Grooming Among Men Signals Opportunities
Product Innovations Steer Growth
Growing Use of Natural and Organic Ingredients
Nanomedicine to Improve Anti-Fungal Treatment
E-Retailing Expands Growth Opportunities
Significance of Foot-Care in Diabetic Population
Alarming Levels of Diabetes Incidence Worldwide Drives Demand for Foot Care Products
Smart Socks: The Future of Diabetic Foot Care?
Obese Population: A Weighty Market Driver
Aging Population Offers Growth Prospects
Emerging Middle Class in Developing Countries to Fuel Market
Natural Remedies Remain a Challenge
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
Total Companies Profiled: 112
For more information about this report visit https://www.researchandmarkets.com/r/1cd0fp
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