Polishes is predicted to see steady, albeit modest volume growth over the forecast period. While levels of mobility outside the home are expected to increase as the country emerges from the pandemic, facilitating the need for shoe polish, growth will be restricted by the increasing popularity of casual attire and relaxed dress codes in office settings.
Shoe polish is a mature subcategory which is predicted to record only modest growth over the forecast period. This trend has encouraged brands to branch out into other areas in an attempt to create added interest and value.
Grocery retailers dominated sales of polish in Mexico in 2022. However, e-commerce represented by far the fastest growing channel during the review period, as online retailing benefitted from the changes in consumer behaviour that were facilitated by the pandemic, when consumers sought to avoid potentially harmful face-to-face contact.
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Understand the latest market trends and future growth opportunities for the Polishes industry in Mexico 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 Mexico, 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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