Following pandemic-related lockdowns and extended periods of remote working in the UK, local consumers are gradually returning to the office, at least as part of hybrid measures. This coincides with the increasing trend of casual dressing in the office, as companies have become more relaxed about dress code policies following the pandemic and prolonged periods of working from home.
It is unlikely that the distribution of polishes will change significantly over the forecast period. While offline retail, led by supermarkets, hypermarkets and other non-grocery specialists, will continue to drive sales of polishes, there is likely to be a further general shift amongst local consumers towards retail e-commerce and discounters, given the convenience of shopping online and because consumers will look to source the best value for money.
The average unit price of polishes is expected to gradually increase (at constant 2022 prices) over the forecast period. The supply chain disruptions and difficulty in obtaining raw materials will likely persist in the coming years, placing further pressure on the cost of production.
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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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