Market key trends:
One of the key factors driving the growth of the foot creams and lotions market is the rising prevalence of athlete's foot and dry cracked heels. Athlete's foot, also known as tinea pedis, is a common fungal infection that affects the skin between the toes. According to the Centers for Disease Control and Prevention (CDC), athlete’s foot affects nearly 10% of the global population. High incidence of this condition has increased the demand for antifungal foot moisturizers. Furthermore, dry cracked heels, also referred to as calluses or heel fissures, occur due to lack of hydration in feet skin. Long working hours and increased physical activities have contributed to the growth in cases of dry cracked heels, thereby fueling sales of foot creams and lotions.
Key Takeaways
The global Foot Creams And Lotions Market Size is expected to witness high growth, exhibiting CAGR of 9.6% over the forecast period, due to increasing consumer awareness about foot care and preference for natural ingredients. As per estimates, the market was valued at US$ 3.51 Bn in 2023.
