PROSPECTS AND OPPORTUNITIES
Divergences in performance anticipated within polishes
Overall, polishes is predicted to see a positive retail value (constant 2024 prices) CAGR over the forecast period. However, the popularity of these products is not expected to increase significantly, and overall retail volume sales are set to decrease.
Shoe polish to benefit from economic improvement and investment in the category
Shoe polish is predicted to perform strongly in growth terms over the forecast period. Improved purchasing power is expected to lead to rising popularity for more expensive shoes.
Weak interest to hurt floor and furniture polishes while specialisation spurs metal polish
Furniture polish and floor polish are expected to suffer from low manufacturer interest in new product development or innovation, limited usage and the availability of substitutes. In particular, the demand for floor polish is on the wane as consumers seek convenient and effective products that offer both cleaning and floor protection at the same time, such as wash and wax floor cleaners, multi-purpose cleaners and wipes.
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Overview:
Understand the latest market trends and future growth opportunities for the Polishes industry in Slovakia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Polishes industry in Slovakia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Polishes in Slovakia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Polishes in Slovakia?
- Which are the leading brands in Polishes in Slovakia?
- How are products distributed in Polishes in Slovakia?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How has COVID-19 impacted demand? Where have sales increased due to stockpiling amidst national lockdown?
- How have enforced home seclusion and social distancing measures following COVID-19 changed usage patterns for Polishes products?
- Where is future growth expected to be most dynamic?
- How important will sustainability and recycling be in generating future growth?
Polishes in Slovakia - Category analysis
KEY DATA FINDINGS
Polishes struggle to engage consumers
Shoe polish provides a bright spot
Weakening demand for task-specific polishes
Divergences in performance anticipated within polishes
Shoe polish to benefit from economic improvement and investment in the category
Weak interest to hurt floor and furniture polishes while specialisation spurs metal polish
Home Care in Slovakia - Industry Overview
Home care in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for home care?
DISCLAIMER
The following categories and subcategories are included:
Polishes
- Floor Polish
- Furniture Polish
- Metal Polish
- Shoe Polish
Polishes
This is the aggregation of shoe, floor, furniture and metal polish.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Polishes research and analysis database.
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