Whilst volume and value growth is expected to remain smaller than seen during the review period, sales of shoe polish, which drive the category, are expected to continue to grow at a positive but gradually declining rate over the forecast period. In 2022, the growth in sales was exceptionally high as lockdown restrictions were lifted and consumers started to go out and about more, and returned to work and socialising.
Shoe polish will continue to dominate the polishes category for the foreseeable future. Since Uzbekistan is quite a dusty country and shoe care is important, demand will remain fairly steady, although shoe polish products are usually only bought once a year.
In 2023, imported brands will dominate the polishes category as it is difficult for local brands to compete with them due to their established reputation. In the regions, local brands are more likely to gain additional retail share, as the population there is more price sensitive.
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Understand the latest market trends and future growth opportunities for the Polishes industry in Uzbekistan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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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