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.
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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.
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.
Population around the globe is getting concerned about their appearance among society and are increasingly adopting fashion trends.
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
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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.