PUBLISHER: Grand View Research | PRODUCT CODE: 1404841
PUBLISHER: Grand View Research | PRODUCT CODE: 1404841
The global foot care products market size is expected to reach USD 18.20 billion by 2030, registering a CAGR of 4.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. Products within the skincare, footcare, color cosmetics, and hair care sectors have emerged as integral elements of consumers' daily grooming habits. Furthermore, the market's growth has been bolstered by the introduction of footcare products incorporating natural, non-toxic, and organic components, aligning with the evolving consumer preferences for clean and sustainable beauty solutions.
The rising awareness of foot health and the importance of preventive care will encourage more individuals to invest in supportive foot repair ointment, creams & lotions, moisturizing soles, and insoles to maintain their overall well-being. Secondly, the growing number of fitness enthusiasts will drive the demand for performance-enhancing insoles that optimize athletic performance and prevent injuries during physical activities. Thirdly, the aging population is expected to fuel the demand for footcare products as seniors seek solutions for age-related foot problems, further boosting the market.
The trend towards sustainability has led manufacturers to seek options for developing viable options for footwear. Vesica Piscis has developed 100% recycled vegan insoles that offer an ethical and sustainable choice for individuals seeking products that demonstrate respect for the environment and animals. Opting for these products allows consumers to lessen their environmental footprint and support a circular economy while still enjoying the superior quality and comfort they provide.
In February 2020, All About Feet based in the U.K. launched an organic deeply moisturizing foot cream. The product is popular across the globe owing to its features such as cruelty-free, petrochemical-free, vegan, 100% recyclable or reusable packaging, and easy to apply. The launch of such products showcases the growing consumer demand for footcare products that align with sustainability goals.
Countries such as Brazil have a tropical climate, and some regions can get quite hot and humid. In such conditions, feet tend to sweat more, leading to discomfort and potential skin issues. Fungal infections of the feet and nails, often exacerbated by sweaty conditions, are a common concern. These infections exhibit symptoms like dry, itchy skin and discolored nails, with athlete's foot being a frequent occurrence. Specialized foot treatment creams offer relief, promote foot and nail health, and create an inhospitable environment for fungal growth. This fuels the growth of the footcare product market, catering to the increasing demand for solutions that enhance overall foot health and comfort.