About Foot Beauty Treatment
The foot beauty treatment is a part of the beauty and wellness industry, this market is growing at a rapid rate. The sector is focusing on the increasing section of the high and middle-class population that has started considering beauty and wellness as a necessity. The emergence of holistic wellbeing with people’s demanding to look good and young are other motivators for the industry. The cosmetics & personal care industry is already one of the fastest-growing consumer products across the globe with multinational brands. The primary reason for continued strong growth is increasing shelf space in retail stores and boutiques in India, stocking cosmetics from around the globe. To give an instance, today, India has very few professional make-up lines that can cater to the wide range of salons and professional make-up artists across the country.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.6% |
The market players are operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focus on maintaining sustainable development. The players are leveraging on securing a leading position in this industry. They are continuously thriving for the opportunity to reinforce their competitive advantage. That meets a high market share and developing socially responsible business companies are identifying various strategic pillars such as mergers & acquisitions, new product launch, product enhancement, and others. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Foot Beauty Treatment market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Clarins (France), Lush (United Kingdom), Sanofi (France), TONYMOLY (South Korea), Caudalie (France), Colep (United Kingdom), Johnson & Johnson (United States), L'Occitane (Switzerland), Estee Lauder (United States) and The Body Shop (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Grace & Stella Co. (United States), Xenna Corporation (Canada) and Karuna Skin (United States).
Segmentation Overview
AMA Research has segmented the market of Global Foot Beauty Treatment market by Type (Foot Cream, Foot Mask, Foot Powder, Scrubs, Shoe Deodorants, Foot Moisturizers, Callus Shavers and Others), Application (Spa, Home, Hotel, Saloons/Beauty Stores and Others) and Region.
On the basis of geography, the market of Foot Beauty Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channels, the sub-segment i.e. Online Sales Channels will boost the Foot Beauty Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Number Of People who are Constantly Spending Money to Enhance the Way they Look
Market Growth Drivers:
The Rising Number Of Working Women's and Changing Consumer Psyche towards the Beauty and Wellness
Challenges:
The Lack of Professionally Trained and Skilled Beauty and Wellness Workers
Restraints:
The Slowdown in Economy Conditions
Opportunities:
Increasing Set of Advanced Technologies associated with Beauty and Wellness, such as Botox, available in India
Market Leaders and their expansionary development strategies
In October 2023, Henkel acquired Zobele, a leading manufacturer of foot care products in Europe. This suggests consolidation might be occurring in the foot beauty treatment market.
In July 2023, L'Oréal acquired CeraVe, a skincare brand known for its foot creams. This highlights the growing interest in foot care within established beauty companies.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Atrial Fibrillation Surgery Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.