The shoe polish category is expected to show growth in value and volume terms over the forecast period, but it will be modest. As in many markets around the world, fashion trends are moving in a more casual direction, as with the development of athleisure.
In general, the polishes category is not that large and offers limited potential. Therefore, little new investment is expected and no major changes are likely in the competitive landscape are expected.
The floor polish and furniture polish categories are expected to continue their modest growth in volume terms during the forecast period, as the trend of new housing construction continues to develop in Azerbaijan. It should be noted, though, that the pace of this trend has slowed down slightly due to the economic instability prevailing in the country at the beginning of the forecast period.
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Understand the latest market trends and future growth opportunities for the Polishes industry in Azerbaijan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Polishes industry in Azerbaijan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Polishes
This is the aggregation of shoe, floor, furniture and metal polish.
See All of Our DefinitionsThis report originates from Passport, our Polishes research and analysis database.
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