Global Shoe Deodorizer Market: Size & Trends Shows a Rapid Growth by 2028.
The global shoe deodorizers market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The rise in the prevalence of diseases such as diabetes and hyperthyroidism is anticipated to drive the growth of the global shoe deodorizer market. According to IDF Diabetes Atlas Tenth Edition 2021, approximately 537 million people, between the age of 20-79 years are living with diabetes and the total number is projected to rise to 643 million by 2030, and 783 million by 2045. More than 1.2 million children and adults are living with type -1 diabetes and 541 million adults are at an increased risk of developing type -2 diabetes According to IDF, diabetes has caused more than 6.7 million deaths globally. Thus, the adoption of shoe deodorizers is anticipated to avoid bacterial degradation of cells in sweat and excessive perspiration in feet, further fueling the demand for the global shoe deodorizer market.
The increasing application of shoe deodorizers in the athletes segment owing to increasing participation in sports activities is anticipated to drive the growth of the market. According to Australia Cricket Census 2020, approximately 709,957 participants registered in various programs, including club cricket, indoor cricket, and organized school competitions. Moreover, the Woolworths Cricket Blast participation increased to 59,300 participants, junior Club Cricket grew to 8,500 in teams for boys aged 12 and under and female participants grew to 76,400, registering an increase of 11.4% from 2019. In addition, as per the data published by National Gold Foundation, approximately 24.8 million people played golf in the US in 2020. Also, nearly 37.5 million people in the US played golf in 2021. Out of these 25 million people played on a golf course and 12.4 million participated in off-course golf. Moreover, 25.0% of on-course golfers are women. Females represent a higher percentage of beginners (37.0%), juniors (36.0%), and of- course participants (44.0%). Thus, growing participation in various sports disciplines is anticipated to fuel the demand for the global shoe deodorizer market.
Competitive Landscape-
Johnson & Son Inc., Sanofi S.A and Chattem Inc., among others
By Product
- Powders, Sprays
- Insoles
- Balls
- Ultraviolet Deodorizers
By End-Use
- Athletes
- Non-Athletes
Scope of the Report
The research study analyzes the Global Shoe Deodorizer industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Shoe Deodorizer Market Report
1. What was the Global Shoe Deodorizer Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Shoe Deodorizer Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Shoe Deodorizer Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Shoe Deodorizer market.
- The market share of the Global Shoe Deodorizer market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Shoe Deodorizer market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Shoe Deodorizer market.
The report will be delivered within 48-72 hours after payment confirmation