Rising number of individuals across the globe are getting concerned about hygiene and started to become conscious about their appearance. Individuals have increasingly started to visit salons for manicure and pedicure frequently. Owing to these reasons, foot care tools market is expanding with a significant CAGR across the globe. Increasing fashion trend and consciousness among individuals regarding status in society, the pedicure is increasingly adopted by people. Foot care tools are extensively used by podiatry professionals, pedicure centers such as salons, etc. and used by individuals for personal use as well.
Foot care tools market is expected to increase in terms of
revenue significantly over the forecast period, owing to increasing inclination
of individuals towards pedicure.
Foot Care Tools Market: Segmentation
Foot care tools market can be segmented on the basis of
product type, end-use, sales channel and region.
On the basis of product type, foot care tools market is
segmented into nippers, files, scissors, burs, curette, callus trimmers, tips,
forceps, nail clippers, nail splitters and others.
Foot care tools market can be further segmented on the basis
of end-use into podiatry, pedicure and personal use.
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On the basis of sales channel, foot care tools market can be
segmented into direct and retail sales. Direct sales refer to direct selling of
tools to hospitals, salons, spa and beauty centers. Retail sales are further
segmented into pharmacies/drug stores, beauty and cosmetics shops, specialty
stores, online retail, modern trade, convenience stores and other retailing
formats.
On the basis of region, Foot care tools market can be
segmented into seven key regions: North America, Latin America, Western Europe,
Eastern Europe, Asia Pacific excluding Japan, Middle East and Africa and Japan.
Foot Care Tools market: Drivers, Restraints, and Trends
Increasing consciousness among individuals regarding
personal care is expected to fuel the growth of the foot care tools market.
Pedicure and manicure are getting popular among customers and increasing
fashion trend is driving the sales of foot care tools. Owing to increasing
inclination of consumers, salons and spa are increasingly buying the foot care
tools. Increasing problems related to foot among individuals is also increasing
demand for podiatry treatments which is fueling the demand for foot care tools
in hospitals and podiatry clinics.
Low penetration of foot care tools and weak distribution
channel could be considered as a restraint and could hamper the sales of foot
care tools. Regions with low disposable income and personal care spending such
as African countries are expected to contribute minimal revenue share.
Increasing sense of fashion among individuals is trending
across the globe and is expected to increase the pedicure segment sales over
the forecast period.
Foot Care Tools Market: Regional Outlook
Depending on the geographic regions, global foot care tools
market is segmented into seven key regions: North America, Latin America,
Western Europe, Eastern Europe, APEJ, MEA and Japan.
Foot care tools market is expected to have a relatively high
share in North America and Western Europe. Latin America also holds significant
value share.
Asia Pacific excluding Japan is expected to expand with
relatively high CAGR over the forecast period, owing to increasing fashion
trend across the region and increasing cosmetics and personal care expenditure.
The Middle East and Africa is expected to expand with relatively low CAGR over
the forecast period. Japan is a saturated and fully grown market owing to which
foot care tools market is expected to expand slowly
Population around the globe is getting concerned about their
appearance among society and are increasingly adopting fashion trends.
Foot Care Tools Market: Key Players
Some of the prominent manufacturers of Foot care tools are
A. Algeo Limited, Gehwol, CPC Healthcare, Supremed, Pedicare Professional
Footcare Instruments Limited., Gebrüder Nippes GmbH & Co. KG, and other
regional players.
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