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Foot Care Product Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Foot Care Product Manufacturing Market Research Report | Life Sciences | OTC Medicines | Aug 2014

Walking tall: Revenue is rising, but competition from overseas will threaten profit growth

IBISWorld’s Foot Care Product Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$667m
Annual Growth 09-14
4.2%
Annual Growth 14-19
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Profit
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Employment
2,924
Businesses
187
Industry Analysis & Industry Trends

The Foot Care Product Manufacturing industry in the United States is characterized by a diverse, fragmented set of companies producing a wide range of products intended for the treatment or prevention of foot conditions. The industry has experienced growing demand thanks to the medically necessary nature of several industry products, however, competition from overseas manufacturing is a constant threat. This increasing competition is expected to reverse the growth trend in average industry profit margins in coming years, due to the twin pressures of price competition and increased spending on labor to pursue new product development.... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry for the Foot Care Product Manufacturing industry are low for most types of industry operators. For example, start-up expenses for a small-scale foot moisturizer manufacturer are close to zero. This type of company only requires access to fats, oils and other inexpensive inputs; product packaging, such as glass or plastic bottles or jars and mixing, processing and packaging tools and equipment, which can be as simple as a mortar and pestle. Industry operators are required by the FDA to properly label the ingredients and method of using their products, although this is a minor cost to foot care product manufacturers.

Some kinds of industry operators face relatively high barriers to entry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Foot Care Product Manufacturing Industry?

Companies in this industry are engaged in manufacturing medicated and nonmedicated preparations, bandages and other treatments for the prevention and treatment of foot care conditions including dry skin, athlete's foot, fallen arches, blisters, corns, calluses and bunions. This industry does not include manufacturers of professional medical-surgical orthopedic products, orthopedic shoes or products intended primarily as cosmetics (e.g. nail polish).

Industry Products
Wart, fungus and other medical foot creams and lotionsMoisturizing and drying creams and powdersInsoles and heel liftsSleeves, braces, adhesive pads and other related productsPumice stones and other foot filers
 
Industry Activities
Manufacturing insoles and heel liftsManufacturing creams and lotions to moisturize or dry feetManufacturing medical foot creams and powdersManufacturing sleeves, braces, pads and other foot care products


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