LONDON--(BUSINESS WIRE)--Infiniti Research, a global competitive intelligence solutions provider, has announced the completion of their new market sizing engagement study on the foot care products industry. A leading foot care products manufacturer wanted to assess market opportunities for its products in various geographical areas, which involved sizing and forecasting the growth prospects of the foot care products market.
According to the market sizing engagement experts at Infiniti, “Alterations in lifestyle and developing fashion trends have contributed to the demand for foot care products across various geographies.”
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Foot care products include bandages, braces, creams, and insoles. Such a wide range of products manufactured by this industrial sector protects it from weakness and demand shifts. But the growing competition in the foot care products manufacturing market space is likely to reverse the growth trend in average industry profit margins in the upcoming years, due to the pressures of price competition and augmented spending on labor to follow new product developments. The increase in the number of bacterial infections and diabetic patients are the other factors that are driving the growth of the global foot care products market.
The market sizing engagement solution offered by Infiniti helped the client to measure market opportunities for their products in various geographical segments. The client was able to analyze and understand the current trends in the foot care products market.
This market sizing engagement solution provided benefits that helped the client to:
- Gain an accurate understanding of the market size
- Determine the potential revenue that could be generated by their organization
- To know more, ask an analyst
This market sizing engagement solution provided predictive insights on:
- Breaking down their revenue and product trends into geographic components
- Identifying a scalable approach to discover new market opportunities
- To read more, request a proposal
View the complete market sizing engagement study here:
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies.
With 15+ years of experience and offices across three continents, Infiniti Research has been instrumental in providing a complete range of competitive intelligence, strategy, and research services for over 550 companies across the globe.