The high inflationary environment of 2022 has the economic outlook uncertain, with disposable income levels and spending power likely to be constrained at least in the early part of the forecast period. Price will therefore likely take prominence with households adjusting their spending accordingly.
Some consumers are also likely to switch to multi-purpose cleaners and other multi-functional products that can also clean and polish surfaces, as well as offering cleaning and hygiene benefits. Households are likely to favour multifunctional alternatives above task-specific polishes partly due to the challenging economic environment, but also due to the convenience of having one product that can be used for various tasks.
The trend towards sustainability in Sweden is likely to offer growth opportunities during the forecast period and manufacturers will need to innovate within polishes to meet this demand. Households are increasingly conscious about reducing the amount of waste they produce and there is now a greater emphasis on upkeep and maintenance rather than replacement purchases which is expected to help keep sales of polishes stable, especially within shoe polish.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Polishes industry in Sweden 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 Sweden, 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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!