PUBLISHER: KBV Research | PRODUCT CODE: 1555942
PUBLISHER: KBV Research | PRODUCT CODE: 1555942
The Europe Electric Shoe Polisher Market would witness market growth of 5.4% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 150.70 thousand units, showcasing a growth of 19.3% (2020-2024).
Handheld automatic polishers are designed for users who need portability and precision. These devices allow users to manually control the polishing process while benefiting from automatic features like rotating brushes or applicators. They are favored for their flexibility, enabling targeted polishing of specific areas or different shoe types. Therefore, the Germany market is expected to utilize 36.76 thousand units of handheld automatic polishers by 2031.
The Germany market dominated the Europe Electric Shoe Polisher Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,188.7 Thousands by 2031. The UK market is exhibiting a CAGR of 4.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 5.8% during (2024 - 2031).
The user-friendly nature of electric shoe polishers has contributed to their growing popularity. With simple controls and minimal effort, these devices appeal to individuals who may not have the time or skill to perform traditional shoe polishing manually. Initially prevalent in commercial and institutional settings, electric shoe polishers increasingly enter residential homes.
Moreover, introducing more affordable electric shoe polishers has made them accessible to a broader audience. Lower prices and varying models cater to different budgets, encouraging more consumers to invest in these home-use products.
Maintaining a polished and professional appearance in Europe is more than just a cultural norm; it is often a prerequisite for career advancement and success in various sectors. The emphasis on personal grooming is deeply rooted in European professional standards, where employees' appearance can reflect on their professionalism and the company's reputation. In Europe, finance, law, consulting, and corporate business industries have stringent dress codes and appearance standards. For professionals working in these sectors, a well-maintained appearance is crucial. High-quality footwear is often a significant component of professional attire. Electric shoe polishers provide a practical solution for maintaining the immaculate condition of shoes, aligning with the rigorous standards expected in these fields.
Based on Product Type, the market is segmented into Fully Automatic, and Handheld Automatic. Based on Distribution Channel, the market is segmented into B2B, Specialty Store, Online store, and Other Distribution Channel. Based on Application, the market is segmented into Commercial, and Residential. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Electric Shoe Polisher Market Report Segmentation
By Product Type (Volume, Thousand Units, USD Million, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Million, 2020-2031)
By Application (Volume, Thousand Units, USD Million, 2020-2031)
By Country (Volume, Thousand Units, USD Million, 2020-2031)