Over the forecast period, polishes is set to see an ongoing decline in volume sales. Demand for these products is being weakened by changing consumer habits and household trends.
Polishes face rising competition from surface care, and in particular multi-purpose products. This will stifle growth over the forecast period.
Lidl entered Latvia at the end of 2021. This is likely to further increase price pressure in a category that already faces struggles to add value to products.
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Understand the latest market trends and future growth opportunities for the Polishes industry in Latvia 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 Latvia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of shoe, floor, furniture and metal polish.See All of Our Definitions
This report originates from Passport, our Polishes research and analysis database.
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