According to a market report by Lucintel, the future of the shoe polish market in the US looks promising with opportunities in the supermarkets/hypermarkets, department stores, and E-retail markets. The major drivers for this market are increased sales of formal shoes and the availability of shoe polishes in various colors, textures, and convenient packaging.
In this market, cream polish, liquid polish, and wax shoe polish are the major product types used by individual and commercial end users. Cream shoe polish will remain the largest segment over the forecast period due to ease of use in households. Cream polish is available in various colors, easy to use on shoes, water resistant, matte and shiny finish in various packaging styles.
Shoe polish for individual user segment is expected to witness the highest growth over the forecast period due to the growing demand in household, as number of shoes per person is increasing, and awareness towards shoe care in order to increase its lifespan.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the shoe polish market in the US by product type, end use, and distribution channel and has compiled a comprehensive research report titled “Growth Opportunities for the Shoe Polish Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the shoe polish market in the US by product type, end use, and distribution channel as follows:
By Product Type [$ Million Shipment Analysis from 2015 to 2026]:
Cream Polish
Liquid Polish
Wax Polish
Others
By End Use [$ Million Shipment Analysis 2015 to 2026]:
By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:
Supermarkets/Hypermarkets
Department Stores
E-retailers
Others
This more than 50-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link www.lucintel.com/United-States/opportunities-for-the-shoe-polish.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.