Watch your step: Industry revenue is rising, but overseas competition will threaten profit growth

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 broad variety of products manufactured by this industry, including bandages, braces, creams and insoles, protects the industry from vulnerability to shifts in demand for any particular product line, whereas the medically necessary nature of many of these items keeps overall demand steady. 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 Statistics & Market Size
Revenue
$644m
Annual Growth 12-17
-2.6%
Forecast Growth 17-22
Profit
Employment
1,573
Businesses
133
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry is constantly pressured by competition from overseas manufacturers
  • The industry has consolidated in the face of a growing import market
  • The US population is expected to continue aging, increasing demand for industry products
  • Industry Report - Industry Investment Chapter

    The Foot Care Product Manufacturing industry has a low level of capital intensity, measured as the ratio of depreciation (as a proxy for capital expenditure) to industry labor costs. For every dollar that the average industry company spends on labor in 2017, an estimated $0.12 will be invested in capital expenditures, such as production line equipment. Capital intensity has risen slightly in recent years, as large industry operators who can afford to invest in new equipment have increasingly turned to automation technology to reduce their dependence on production line labor. This, in turn, has decreased industry labor costs, as fewer workers are needed for production line operation.However, the industry is still largely dependent on human labor. Sma...purchase to read more.

    Additional Insights for the Foot Care Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Foot Care Product Manufacturing Industry are

  • Having contacts within key markets
  • Production of goods currently favored by the market
  • Having marketing expertise
  • IBISWorld analysts also discuss how external factors such as Number of physician visits and Per capita disposable income in the Foot Care Product Manufacturing industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    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 lotions
  • Moisturizing and drying creams and powders
  • Insoles and heel lifts
  • Sleeves, braces, adhesive pads and other related products
  • Pumice stones and other foot filers
  • Industry Activities
  • Manufacturing insoles and heel lifts
  • Manufacturing creams and lotions to moisturize or dry feet
  • Manufacturing medical foot creams and powders
  • Manufacturing sleeves, braces, pads and other foot care products
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of physician visits
  • Per capita disposable income
  • Median age of population
  • Trade-weighted index

  • Current Performance
  • Demographic factors boost demand
  • Profit and competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Going gray
  • Competition threatens profit
  • Table: Foot Care Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Foot Care Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Supermarkets & Grocery Stores
  • Pharmacies & Drug Stores
  • Beauty, Cosmetics & Fragrance Stores
  • Health Stores
  • Primary Care Doctors
  • Podiatrists

  • Key Selling Industries
  • Cotton Farming
  • Inorganic Chemical Manufacturing
  • Organic Chemical Manufacturing
  • Plastic & Resin Manufacturing
  • Rubber Product Manufacturing

  • Products & Services
  • Wart, fungus and other medical foot creams and lotions
  • Insoles and heel lifts
  • Sleeves, braces, adhesive pads and other related products
  • Moisturizing and drying creams and powders
  • Pumice stones and other foot filers
  • Chart: Foot Care Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Mass merchandisers and supermarkets
  • Pharmacies and drug stores
  • Health and other specialty stores
  • Online and mail order retailers
  • Medical offices
  • Wholesalers
  • Other
  • Chart: Major Market Segmentation for the Foot Care Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and utilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Foot Care Product Manufacturing

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Foot Care Product Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Foot Care Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Foot Care Product Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Number of physician visits (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Baby Boomers
  • The demographic of Americans born between 1946 and 1964, accounting for a major proportion of the population.
  • Bunion
  • A deformity characterized by lateral deviation of the big toe.
  • Callus
  • An area of skin which has become tough, thick and hard due to repeated friction, pressure, or other irritation.
  • Podiatry
  • The branch of medicine concerned with the study and treatment of disorders of the foot.
  • Wart
  • A skin growth caused by human papillomavirus.
  • What Our Customers Say

    Why buy this report?

    The Foot Care Product Manufacturing industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Foot Care Product Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Foot Care Product Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Foot Care Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear