PROSPECTS AND OPPORTUNITIES
Challenges ahead for polishes category
The polishes category in Uzbekistan is anticipated to encounter ongoing challenges, with volume sales expected to slow further over the forecast period. This downward trend can be attributed to organic market shifts and a clear consumer preference for alternative product categories.
Younger consumers shift away from shoe polish
Sales for shoe polish are largely driven by older audiences who favour classic shoe styles. However, footwear trends are increasingly leaning towards a sporty aesthetic, influenced by the preferences of younger generations and resulting reduced consumption of shoe polish use.
Russia to retain its stronghold over polishes
The majority of polishes available in Uzbekistan are imported - primarily from Russia - with local producers notably absent from this category. While existing players within polishes show a certain willingness to invest in innovation, rebranding and enhance their offerings by introducing new functionalities, the overall product range in Uzbekistan remains very limited.
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Overview:
Understand the latest market trends and future growth opportunities for the Polishes industry in Uzbekistan 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 Uzbekistan, 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 Uzbekistan 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 Uzbekistan?
- Which are the leading brands in Polishes in Uzbekistan?
- How are products distributed in Polishes in Uzbekistan?
- 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 Uzbekistan - Category analysis
KEY DATA FINDINGS
Polishes sees evolution in consumer preferences
Modern living redefines polish needs
Multifunctional polishes combat declining demand
Challenges ahead for polishes category
Younger consumers shift away from shoe polish
Russia to retain its stronghold over polishes
Home Care in Uzbekistan - 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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