In the recent past, the number of people suffering from foot-related health conditions has increased by leaps and bounds. Some of the most common issues include toenail conditions, joint and nerve issues around the toes, skin conditions of the feet, diabetic foot ulcers, and arthritis. For instance, diabetes is considered one of the major causes of these foot infections. To this end, the use of foot care products has increased to maintain good foot health and prevent these issues. An incessant rise in diabetic patients is expected to surge the demand for foot care products. Many healthcare organisations and pharmaceutical industry leaders are conducting paced RD activities to develop advanced and innovative products. Over the forecast period, the global foot care products market is expected to thrive owing to the presence of above mention factors.
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Increasing Demand for Medical Foot Care Products to Sustain Strong Growth Momentum
Most modern foot care products fall into the medical, sports, and personal care categories. Among these, the ascending demand for medical foot care products is expected to skyrocket in the coming years. The growing incidence of skin cancer such as melanoma and non-melanoma, coupled with growing government funding for developing novel therapeutics for skin cancer are driving the sales of foot care products. The general awareness about foot care and the betterment of living standards are also contributing positively to the demand for foot care products. The growing sales of medical foot care products are poised to sustain the strong growth trajectory of the global foot bare products market.
Increasing Occurrence of Diabetes to Facilitate Global Foot Care Products Market Expansion
The prevalence of diabetes has been growing incessantly in the past few decades. High sugar consumption, sedentary lifestyles, and other genetic factors are the key contributors to this alarming healthcare trend. Diabetes is a major factor behind the growing incidence of several types of foot infections. All estimates project that the number of such diabetes-induced foot infections is expected to grow in the coming years. Against this backdrop, the sales of foot care products have increased lately. Services such as pedicures and products such as lotions, cleansers, and gel are showcasing increased demand. The global foot care products market is expected to thrive in such a business landscape.
Rising Foot Health Awareness and Personal Care Product Sales to Cement Asia Pacific’s Market Leadership
Rapid urbanisation, a growing customer base, and high awareness for foot health are making Asia Pacific a leading region for the foot care products market. The consumers’ interest in personal care products has increased significantly in the region. The sales of various cosmetics and personal care products are growing. Moreover, the propensity to use organic cosmetics over their synthetic alternatives is creating novel growth prospects. Elsewhere, the regional market in North America is growing amidst rising expenditure on foot health and personal care items.
Leading Market Players
Some of the most prominent players present in the global foot care products market are HoMedics, Alva-Amco Pharmacal, GlaxoSmithKline Plc, Del Laboratories, Aetna Foot Products, PediFix, Inc, Revlon, Blistex Inc, Johnson Johnson, and Miracle of Aloe.
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