PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627778
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627778
The foot care product market is expected to grow at a CAGR of 6.23%, reaching a market size of US$16.072 billion in 2030 from US$11.891 billion in 2025.
Foot care is a type of cosmetics care procedure for feet, which includes applying various types of corrective care products, like creams, gel, massaging products, or masks. The foot care products help consumers eliminate dead skin from the feet and prevent various fungal infections. It also helps in improving blood circulation in the feet and moisturizes the skin.
The growing ageing population globally is among the key factors pushing the demand for foot care products forward. The cases of foot fungal infections in the older population worldwide are among the most common and increasing problems, which can be prevented and cured by the application of proper foot care products.
Similarly, the demand for foot massagers, insoles for shoes, and lotions for feet also increases with the global older population. The World Bank, in its global population report, stated that the total population of the global older population witnessed a constant increase over the years. The organisation stated that in 2021, the total population above 65 years was recorded at 758.732 million, which increased to 779,736 million in 2022. In 2023, the total population above the age of 65 years in the globe was recorded at 805.167 million.
Foot care product market drivers
By encouraging a proactive approach to foot health, rising health awareness has had a substantial impact on the market for foot care products. Customers are becoming more aware of the value of maintaining good foot care and avoiding conditions like calluses, fungal infections, and foot pain. Demand for a range of foot care products, such as moisturizers, anti-fungal treatments, orthotic inserts, and speciality footwear, is fueled by this understanding. Furthermore, as people place a higher priority on their general well-being, they look for products that provide comfort and support, which has sparked the development of creative solutions designed to deal with particular foot issues. Because of this, the market for foot care products keeps growing to satisfy changing consumer demands.
In 2023, a multimillion-dollar grant from the National Institutes of Health was given to a group of researchers from the Terasaki Institute for Biomedical Innovation (TIBI) and the University of Nebraska Medical Center (UNMC) to develop an improved, multi-pronged wound treatment for diabetic foot ulcers (DFUs).
Foot care product market geographical outlook
The market for foot care products is expanding significantly in the Asia-Pacific area for several reasons. Rising rates of urbanization, rising disposable incomes, and evolving lifestyles have made consumers more conscious of foot hygiene and wellness. Additionally, the region's high prevalence of diseases like diabetes and obesity has increased the need for specialized foot care products to treat associated consequences. Furthermore, the market is expanding due to the growing e-commerce industry, which has made a wide selection of foot care goods more accessible. The Asia-Pacific region offers manufacturers and retailers tremendous potential to leverage the growing demand for foot care solutions because of its huge and diversified population.
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