The global shoe care products market has been segmented based
on type, distribution channel, and region.
Based on type, the global shoe care products market has been
segmented into brushes and buffing cloths, polishing creams, waxes and liquids,
colors and dyes, protection sprays, and others. The polishing creams, waxes and
liquids segment is expected to dominate the global shoe care products market
and register the highest CAGR during forecast period due to the primary
necessity of polishing the shoe. The availability of polishing materials in
different forms are convenient for the consumers.
Shoe
Care Products Market Analysis
On the basis of distribution channel, the global shoe care
products market has been classified as supermarkets and hypermarkets, specialty
stores, and others. The supermarkets and hypermarkets segment is expected to
account for the largest market share during the forecast period due to strong
vendor networks, availability of different products, and discounts offered. The
non-store-based segment is expected to register the higher CAGR during the
assessment period owing to technological advancements in the e-commerce industry
and growing consumer preference for online purchase.
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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