Electric Shoe Polishers

Electric Shoe Polishers

Global Electric Shoe Polishers Market to Reach US$163.6 Million by 2030

The global market for Electric Shoe Polishers estimated at US$125.8 Million in the year 2023, is expected to reach US$163.6 Million by 2030, growing at a CAGR of 3.8% over the analysis period 2023-2030. Handheld Automatic Shoe Polishers, one of the segments analyzed in the report, is expected to record a 3.7% CAGR and reach US$94.7 Million by the end of the analysis period. Growth in the Fully Automatic Shoe Polishers segment is estimated at 4.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$34.3 Million While China is Forecast to Grow at 7.2% CAGR

The Electric Shoe Polishers market in the U.S. is estimated at US$34.3 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$34.4 Million by the year 2030 trailing a CAGR of 7.2% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.3% and 2.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.

Global Electric Shoe Polishers Market - Key Trends & Drivers Summarized

Why Are Electric Shoe Polishers Gaining Popularity Among Consumers?
Electric shoe polishers are gaining traction among consumers due to their convenience, efficiency, and ability to provide a professional-quality shine with minimal effort. These devices are particularly popular among busy professionals who value a polished appearance but lack the time for traditional shoe care methods. Electric shoe polishers offer a quick and easy solution to maintaining footwear, with various models designed to suit both home and commercial use. The growing awareness of personal grooming and hygiene, coupled with an increasing focus on maintaining product longevity, has further contributed to the rising demand for electric shoe polishers. As consumers become more conscious of the need to care for their footwear, these devices are becoming an essential addition to homes and workplaces.

How Are Innovations and Design Improvements Influencing the Market?
Recent innovations and design improvements are significantly enhancing the appeal and functionality of electric shoe polishers. Manufacturers are introducing compact, lightweight models with ergonomic designs that cater to both domestic and travel use. Advances in motor technology have resulted in quieter and more energy-efficient devices, making them suitable for use in office environments and hotels. Additionally, some models now offer multi-functionality, with interchangeable brush heads and variable speed settings to accommodate different types of leather and finishes. Integration of rechargeable batteries and cordless designs further enhances user convenience. These improvements are driving broader adoption of electric shoe polishers among diverse consumer segments, from frequent travelers to business professionals and hotel chains.

What Are the Emerging Trends and Challenges in the Electric Shoe Polishers Market?
The electric shoe polisher market is influenced by several emerging trends, including the increasing demand for portable and travel-friendly models, the growing preference for eco-friendly and energy-efficient products, and the rising adoption of electric shoe polishers in commercial spaces such as hotels, airports, and corporate offices. The trend towards multifunctional devices that can cater to various shoe care needs is also gaining momentum. However, the market faces challenges, such as the high cost of quality electric shoe polishers compared to manual alternatives and the relatively limited awareness among some consumer groups. Additionally, competition from traditional shoe care methods and products poses a barrier to broader market penetration. Despite these challenges, the market is poised for growth due to increasing consumer awareness and the continued innovation in product design and functionality.

What Factors Are Driving the Growth of the Electric Shoe Polishers Market?
The growth in the electric shoe polishers market is driven by several factors, including the rising consumer preference for convenient and efficient shoe care solutions, the increasing focus on personal grooming, and the demand for durable and long-lasting footwear maintenance. Technological advancements, such as energy-efficient motors, cordless designs, and rechargeable batteries, are enhancing the usability and appeal of electric shoe polishers. The expansion of the hospitality industry and the growing trend of installing electric shoe polishers in public spaces like hotels and offices are also contributing to market growth. Furthermore, the shift towards eco-friendly products and the growing availability of affordable models are attracting a wider consumer base, supporting the continued expansion of the market.

Select Competitors (Total 38 Featured) -

• Ashika Hygiene Care
• Beck Shoe Products
• COLLINI ATOMI DI SCARPA S.r.l.
• Comfort House
• Dolphy India Pvt. Ltd.
• ESFO AB
• Euronics Industries Pvt. Ltd.
• expondo GmbH
• HEUTE Maschinenfabrik GmbH & Co. KG
• Kalorik
• Moneysworth and Best Quality Shoe Care
• Novatech Automatic Systems
• Orchids (Unit Of Orchids Tissue Paper Products)
• Orchids International
• Plankomat SA (Pty) Ltd. ;

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.