Global Foot Mask Market- Description
A foot mask is referred to as a type of thick cosmetic sheet that is used to remove odor, moisturize, and exfoliate the feet. It further enhances the appearance, smoothens, and boosts blood circulation in the feet. The mask can be applied for a period of 60-90 minutes post which it can be rinsed off with water. Foot masks are made with various natural and artificial ingredients namely aloe vera extract, lactic acid, glycerin, methylparaben, alcohol, and malic acid, among others.
Global Foot Mask Market- Overview
The global foot mask market was worth USD 445.5 million in 2020 and is expected to expand with a CAGR of 5.5% over 2022-2030. Due to various growth inducing factors, the business vertical is poised to amass a valuation of USD 4757.53 million by 2030.
The increasing appearance and hygiene consciousness of the masses along with booming personal care industry are primarily augmenting the outlook of this marketplace.
Furthermore, the wide array of beneficial properties associated with foot masks along with growing R&D investments in the field are adding momentum to the progression of this business vertical.
Moreover, surging disposable income of the masses, emergence of new players in the field, along with the growing focus of existing companies to develop and launch effective foot masks are creating lucrative opportunities for the industry sphere to prosper.
Also, shifting inclination of masses towards self-care regimes, rise in the number of wellness spas, and increasing geriatric population base are adding traction to the development of this market.
On the contrary, lack of cognizance regarding the benefits of foot masks is hindering the remuneration scope of this business sphere.
Global Foot Mask Market- Key trends
Various benefits offered by foot masks to augment industry outlook
Foot masks are known to offer a wide array of benefits to the users. They are equipped with the ability to smoother, boost circulation, remove impurities, and detoxify our feet. Moreover, these masks also reduce odor and enhances the appearance of the foot. These factors in the turn are escalating the demand for foot masks across the globe.
Growing disposable income of the masses to boost market growth
There has been an elevating adoption of foot masks for personal and commercial use worldwide. This is powered by the growing income levels of individuals. Personal care items are generally costly in nature since they are made of high end ingredients and undergo complexed manufacturing process. With increase in earning opportunities, the per capita income of the masses is also soaring. This in turn is accelerating their eligibility to afford personal care items like foot masks.
Global Foot Mask Market- Segmental assessment
By Price
Low
Medium
High
By Application
Personal
Commercial
The personal segment is slated to generate significant returns by 2030 ascribing to the surging disposable income of the masses.
By End User
Male
Female
By Distribution Channel
Online
Offline
The online segment is poised to amass notable gains over the stipulated timeline owing to the rising popularity of e-commerce sales channels.
Global Foot Mask Market- Geographical landscape
The major regions constituting the geographical ambit of this marketplace are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to capture a substantial revenue over 2022-2030. This is attributable to the increasing hygiene consciousness of the masses, rising disposable income of the masses, and the booming personal care industry.
Global Foot Mask Market- Competitive hierarchy
The prominent players defining the competitive terrain of this industry are FX Studio, DR FOOT, Soft Touch Foot Peel, BIOAQUA OFFICIAL STORE, Holika Holika, Holistique Beauty Products Private Limited, TONYMOLY, Natura Siberica, AMOREPACIFIC US Inc., Scholls Wellness Co, and Johnson & Johnson Consumer Inc.
Report scope
Global Foot Mask Market: Historical Years- 2018-2021
Global Foot Mask Market: Forecast Years- 2022-2030
Global Foot Mask Market 2020- USD 445.5 million
Global Foot Mask Market CAGR- 5.5%
Global Foot Mask Market 2030- USD 4757.53 million
Key segments reported-
By Price (Low, Medium. And High)
By Application (Personal and Commercial)
By End User (Male and Female)
By Distribution Channel (Online and Offline)
Major regions and countries covered-
North America (U.S., Canada, and Mexico)
South America (Brazil, Argentina, and Colombia)
Europe (Germany, U.K., France, Italy, Spain, and Russia)
Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- FX Studio, DR FOOT, Soft Touch Foot Peel, BIOAQUA OFFICIAL STORE, Holika Holika, Holistique Beauty Products Private Limited, TONYMOLY, Natura Siberica, AMOREPACIFIC US Inc., Scholls Wellness Co, and Johnson & Johnson Consumer Inc.
