COVID-19 has caused a fundamental shift in the way in which New Zealanders work, with the lockdown in 2020 proving the merits of flexible working to employers and employees alike. As a consequence, most major companies across the country have adopted permanent flexible working, with more people working from home either all or some of the time.
High inflation led to significant increases in the unit prices of polishes in 2022, which was a key driver of value growth, despite limited volume growth. With continued limited growth in demand for polishes expected over the forecast period, as inflationary pressures begin to ease off, current value growth is also expected to see a slowdown.
New Zealand currently has a chronic housing shortage, with insufficient supply and strong demand resulting in rising house prices. The government has indicated that addressing housing supply is one of its key priorities over the forecast period.
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Understand the latest market trends and future growth opportunities for the Polishes industry in New Zealand 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 New Zealand, 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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