South Korea Diabetic Footwear Market Overview, 2029

The market for diabetic footwear in South Korea is expanding and changing dramatically due to a number of important characteristics that meet the particular requirements of those who manage their diabetes. The need for customized footwear that promotes foot health and prevents complications has increased in recent years due to the growing number of people with diabetes. Like many other wealthy countries, diabetes is becoming more common in South Korea. An increased emphasis on preventative measures to treat associated issues, particularly those linked to foot health, has resulted from the growth in the incidence of diabetes. South Koreans are becoming more conscious of the value of foot care, particularly those who have diabetes. The need for diabetic footwear has increased due to increased awareness, highlighting the necessity for specific shoes that provide comfort, support, and protection against foot-related complications. Technological developments have brought new features to the diabetic footwear market in South Korea, improving foot health. To monitor and maintain ideal foot conditions, smart technologies are being included in diabetic shoes, such as temperature-regulating polymers and pressure sensors. Producing diabetic footwear with characteristics specifically designed to meet the needs of people with diabetes is the main emphasis of manufacturers. Seamless interiors, more padding, broader widths, and adjustable closures are some of these features that help to relieve pressure points, avoid ulcers, and adapt to deformed feet. A trend toward diabetic footwear that blends style and utility is emerging in the South Korean market. Manufacturers are providing a wide variety of options, such as formal, casual, and athletic shoes, so people can prioritize their feet while still maintaining their sense of style. According to the research report "South Korea Diabetic Footwear Market Overview, 2029," published by Bonafide Research, the South Korea Diabetic Footwear market is expected to grow with more than 8% CAGR from 2024 to 2029. South Korea is well known for its advanced technology. This technological advantage is seen in the enhanced features that are incorporated into diabetic footwear. South Korean companies are at the forefront of incorporating smart technology, such as temperature control, moisture-wicking fabrics, and pressure sensors, into diabetic shoes. These developments are intended to improve the monitoring of foot health and reduce the risk of problems for those who are managing their diabetes. Fashion and utility are merging in the diabetic footwear market in South Korea. Producers in the nation are reinventing diabetic footwear by providing fashionable solutions suitable for a range of events. This focus on stylish designs guarantees that people with diabetes can prioritize foot health and still preserve their sense of style. In South Korea, the availability of diabetic footwear via online channels has grown in popularity. These websites provide a wealth of informational materials and diabetic shoe options. This move to online selling is in keeping with South Korea's tech-savvy consumer base by offering accessibility and convenience to those looking for specialty footwear. In South Korea, medical professionals are essential in supporting and advising diabetic footwear. Podiatrists and diabetes specialists provide advice and recommendations that have a big impact on consumer decisions. They encourage people with diabetes to buy specific shoes in order to avoid foot issues.

Based on product type market is segmented into shoes, slippers, sneakers, sandals, and others (socks). Shoes types are majorly preferred diabetic footwear in South Korea. Diabetics frequently have problems with their feet as a result of neuropathy and poor circulation. In order to mitigate the risk of foot injuries and problems, specialized shoes are made to fit these specific circumstances. Extra space and cushioning are used in the construction of diabetic shoes to minimize pressure points and friction, which lowers the risk of blisters, calluses, and ulcers. This tailored fit is a common priority for diabetic shoes made in South Korea. In South Korea, the selection of stylish diabetic footwear options has grown recently. By combining fashion and utility, these shoes are more enticing to wear on a regular basis. Based on foot condition market is bifurcated into neuropathy, ulcers and deformities. Neuropathy increases the chance of injuries going undiscovered because it reduces the feeling of pain or discomfort in the feet. Cuts, blisters, and ulcers can be avoided with diabetic footwear's increased cushioning, protective features, and well-fitting design. In South Korea, the emphasis on a personalized fit for diabetic footwear is typically due to changes in the foot caused by neuropathy. The purpose of these shoes is to lessen the annoyance and pain brought on by neuropathy symptoms. Quality and innovation are prioritized in the diabetic footwear market in South Korea. In order to successfully address issues associated with neuropathy, manufacturers create cutting-edge shoes with characteristics like seamless interiors, breathable materials, and supporting soles. In terms of distribution channel market is segmented into specialty stores, hypermarket/ supermarket, online platform and others (pharmacy store, brand outlets). Majorly diabetic footwear’s are distributed through specialty stores in South Korea. Specialty stores typically carry a wider variety of diabetic shoes than general shoe stores. This allows people with diabetes to find shoes that fit their specific needs and preferences. South Koreans place a high value on health and preventive care. This has led to a growing demand for diabetic footwear in recent years. Some of the popular specialty stores selling diabetic footwear in South Korea include Sungwoo Footcare, Podoshop, Woojung Medical and many more. Based on end use segment market is divided into women, men and kids. Women are expected to be the major end user of diabetic footwear in South Korea. Fashionable diabetic footwear is becoming more and more popular in South Korea, where women are frequently more aware of look and style. More stylish solutions for diabetic shoes are being offered by manufacturers, appealing to women who desire both practicality and flair. Women are more likely than men to have age-related complications from diabetes, such as foot problems, because they typically live longer than men. Their increased use of diabetic footwear is partly explained by this demographic trend. Considered in this report: • Geography: South Korea • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029

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Manmayi Raval

Research Consultant

Aspects covered in this report: • South Korea Diabetic Footwear market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product: • Shoes • Slippers • Sneakers • Sandals • Others (Socks) By Food Condition: • Neuropathy • Ulcers • Deformities

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By Distribution Channel: • Specialty Stores • Hypermarket/ Supermarket • Online Platform • Others(Pharmacy Store, Brand Outlets) By End Use: • Women • Men • Kids The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Diabetic Footwear industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.