Itching peeling skin. Athletes foot is a very common fungal infection that presents with itching to the feet and between the toes, peeling, cracking or scaling skin, odor from the feet, and small blisters with a clear fluid. See your doctor if these symptoms do not improve.
Many possibilities. Redness, inflammation, scaling, blistering, and having an itch sensation are signs of a possible fungal infection. Other things however could cause similar symptoms. Have it evaluated to get the appropriate treatment.