The global shoe care products market is projected to register
a growth rate of 4.6% from 2019 to 2024 and reach a market value of USD 6.13
Billion by the end of 2024. Shoe care products are widely used to maintain the
quality of the footwear. Shoe care products not only maintain the aesthetic
appeal of the products but items such as shoe cleaner and shoe refresher are
used to maintain shoe hygiene. Shoe brushes, shoe creams, waxes, liquids, shoe
colors and dyes, and protection sprays are some of the major products in shoe
care products market.
Increase in demand for formal shoes by working
professionals all over the globe and rise in demand for leather shoes are the
factors which are boosting the growth of shoe care products market. Moreover,
the increasing demand for shoe cleaning products by athletes is another factor anticipated
to support the growth of the global market. However, high costs of shoe care
products is expected to hamper the growth of the global shoe care products
market during the forecast period.
Key Players
Some of the key players in the global shoe care products
market are Cadillac Shoe Products Inc (US), Penguin Brands Inc. (US),
Salzenbrodt GmbH & Co. KG (Germany), C.P. Marketing Inc. (India), Tarrago
Brands International (Spain) , Angelus Direct (US), Granger’s International
Limited (UK),U.S. Continental Marketing Inc. (US), Charles Clinkard (UK),
Griffin Shoe Care (US), S.C. Johnson & Son (US), Energizer Brands, LLC
(US), Harry Hoffman Company (US), Allen Edmonds Corporation (US), and C.A. Zoes
Mfg Co (US).
Latest Industry Updates
- June
2016: Tarrago Brands International launched a full line
called The Tarrago Sneakers, a complete range of products in the market
designed to cater to sneakers. It includes Sneakers Cleaner, Sneakers
Rescue, Sneakers Odor Killer, Sneakers Protect, Sneakers Expander,
Sneakers Sole Restorer, Sneakers Gloss Maker, and Sneakers Matt Maker.
Regional Analysis
The global shoe care products market has been segmented,
by region, into North America, Europe, Asia-Pacific, and the rest of the world.
The European shoe care products market is expected to dominate
during the forecast period due to opulent lifestyles, increase in trend of
footwear fashion, and high spending power of the customers in the region.
The shoe care products market in Asia-Pacific is projected to
register the highest growth rate from 2019 to 2024. Increasing population
and changing lifestyles are leading to increase in sales of shoes in the region
which is expected to propel the growth of the market and assist in making the
shoe care products industry attractive for the target audience. Moreover,
increasing per capita disposable incomes and demand of consumers for a variety
of footwear are anticipated to drive the market growth in this region.
Complete Report Details @ https://www.marketresearchfuture.com/reports/shoe-care-products-market-8082
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