In light of the above factors, global sales of shoe care reached US$ 5 Bn in 2020. According to the revised report by Persistence Market Research, the shoe care market is estimated to register a steady CAGR of close to 5% over the forecast period of 2021-2031.
Key Takeaways from Market Study
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"Besides product innovation, booming corporate businesses, changing lifestyles of youth, and increasing health awareness among people will deliver a great opportunity for shoe care providers in the coming future," says an analyst at Persistence Market Research.
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The report underlines groundbreaking insights into the competitive scenario of the shoe care market, along with the highlights of differential strategies used by manufacturers. Some of the key players identified across the value chain include S.C. JOHNSON & SON, Fiebing Company, Inc., Caleres Inc., C.A. Zoes Mfg Co., Woodland Worldwide, Collonil Company, RSPL Limited, New Balance Athletics, Inc., C&J Clark International Limited, Salamander France SAS, Lincoln Shoe Polish c/o Maxton & Company, Griffin Shoe Care, TARRAGO BRANDS INTERNATIONIAL, S.L., and OTTER WAX LLC.
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More Valuable Insights
Persistence Market Research released a new market research report on the shoe care market, covering global industry analysis of 2016-2020 and forecasts for 2021–2031. The market study reveals compelling insights on the basis of product (shoe care, shoe clean, and shoe care accessories), application (formal, casual, sports, and others), and sales channel (supermarkets/hypermarkets, specialty stores, multi-brand stores, online retailers, wholesalers & distributors, and other sales channels), across seven major regions of the world.
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Browse End-to-end Market: Consumer Goods
About Persistence Market Research
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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