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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - Industry SWOT Analysis Chapter

The US Foot Care Product Manufacturing industry is in a growing life cycle phase. Industry value-added, which measures an industry's contribution to the gross domestic product (GDP), is expected to grow 3.6% per year on average during the ten years to 2019, while GDP itself is only expected to grow 2.5% during this period. Access to both private and publicly funded healthcare is expected to increase significantly during the ten years to 2019, largely due to the 2010 Patient Protection and Affordable Care Act. This expansion of coverage will enable more Americans to afford products aimed at the prevention or treatment of foot afflictions... 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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