NEW YORK, Nov. 16, 2022 /PRNewswire/ -- The "Electric Shoe Polisher Market" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the electric shoe polisher market between 2021 and 2026 is USD 36.68 million. 5.61% of the growth originated from North America. Request a Free Sample Report.
Key Market Dynamics:
- Market Driver
- One of the major factors influencing the growth of the electric shoe polisher market is the increasing utilization at workplaces, hotels, and airports. Primarily, an automated electric shoe polisher is very convenient. It has a sensor to detect approaching shoes and automatically start and stop the machine after clearing the dirt from the feet. Since they are in the service industry, hotels, airports, and shopping centers take extra care to keep their surroundings clean so that they may provide the best possible client experience.
- Due to their great strength, electric shoe polishing machines are more effective at cleaning shoes rapidly, which benefits many customers visiting hotels and shopping centers to get their shoes cleaned more quickly. These advantages will fuel the electric shoe polisher market's expansion over the forecast period.
- Market Challenges
- One of the reasons impeding the growth of the electric shoe polisher market is fluctuation in raw material prices. Shoe polishes composed of waxes and solvents are the main raw materials utilized by electric shoe polishers. Due to their heavy reliance on crude oil prices, these basic materials, which are derivatives of petroleum, have extremely fluctuating costs. The market is uncertain due to the price volatility of raw materials, which also has an adverse effect on production costs and vendor profit margins.
To learn about additional key drivers, trends, and challenges available with Technavio. Download a Free Sample Report right now!
Vendors
Vendors invest significantly in building infrastructure suitable for manufacturing electric shoe polishers and emphasize building brand and brand equity to differentiate themselves from competing brands. Manufacturers of electric shoe polishers strategize their product advertisements to attract consumers by highlighting the features and advantages of newly launched products. The report analyzes the market's competitive landscape and offers information on several market vendors, including Beck Shoe Products Co., Comfort House, Dolphy India Pvt. Ltd., Euronics Industries Pvt. Ltd., Expondo GmbH, HEUTE Maschinenfabrik GmbH, and Co. KG, Lambert and Barclay Ltd., Novatech Automatic Systems, Orchids International, Plankomat SA Pty Ltd., S.C. Johnson and Son Inc., and Sunpentown International Inc.
- Beck Shoe Products Co.: The company offers electric shoe polishers such as diplomat brass, diplomat chrome, and diplomat black.
- Dolphy India Pvt. Ltd.: The company offers electric shoe polishers such as a silver automatic shoe shining machine and a fully automatic black and brown shoe polish machine.
- Euronics Industries Pvt. Ltd.: The company offers electric shoe polishers such as ESM3 shoe-shining machines, and ESM4 shoe-shining machines.
- HEUTE Maschinenfabrik GmbH and Co. KG: The company offers electric shoe polishers such as Quadro, Quadro plus, ellipse, and ellipse plus.
- Novatech Automatic Systems: The company offers electric shoe polishers namely the NTSM4 electric shoe polisher.
To know additional highlights and key points on various market segments and their impact in coming years, Buy Sample Report.
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Electric Shoe Polisher Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.61% |
Market growth 2022-2026 |
$ 36.68 million |
Market structure |
Fragmented |
YoY growth (%) |
4.93 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 31% |
Key consumer countries |
US, China, India, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Beck Shoe Products Co., Comfort House, Dolphy India Pvt. Ltd., Euronics Industries Pvt. Ltd., Expondo GmbH, HEUTE Maschinenfabrik GmbH and Co. KG, Lambert and Barclay Ltd., Novatech Automatic Systems, Orchids International, Plankomat SA Pty Ltd., S.C. Johnson and Son Inc., and Sunpentown International Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Distribution Channel
- 5.1 Market segments
- Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
- 5.2 Comparison by Distribution Channel
- Exhibit 26: Chart on Comparison by Distribution Channel
- Exhibit 27: Data Table on Comparison by Distribution Channel
- 5.3 Offline - Market size and forecast 2021-2026
- Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)
- 5.4 Online - Market size and forecast 2021-2026
- Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Distribution Channel
- Exhibit 36: Market opportunity by Distribution Channel ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 UK - Market size and forecast 2021-2026
- Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 India - Market size and forecast 2021-2026
- Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Beck Shoe Products Co.
- Exhibit 89: Beck Shoe Products Co. - Overview
- Exhibit 90: Beck Shoe Products Co. - Product / Service
- Exhibit 91: Beck Shoe Products Co. - Key offerings
- 10.4 Comfort House
- Exhibit 92: Comfort House - Overview
- Exhibit 93: Comfort House - Product / Service
- Exhibit 94: Comfort House - Key offerings
- 10.5 Dolphy India Pvt. Ltd.
- Exhibit 95: Dolphy India Pvt. Ltd. - Overview
- Exhibit 96: Dolphy India Pvt. Ltd. - Product / Service
- Exhibit 97: Dolphy India Pvt. Ltd. - Key offerings
- 10.6 Euronics Industries Pvt. Ltd.
- Exhibit 98: Euronics Industries Pvt. Ltd. - Overview
- Exhibit 99: Euronics Industries Pvt. Ltd. - Product / Service
- Exhibit 100: Euronics Industries Pvt. Ltd. - Key offerings
- 10.7 Expondo GmbH
- Exhibit 101: Expondo GmbH - Overview
- Exhibit 102: Expondo GmbH - Product / Service
- Exhibit 103: Expondo GmbH - Key offerings
- 10.8 HEUTE Maschinenfabrik GmbH and Co. KG
- Exhibit 104: HEUTE Maschinenfabrik GmbH and Co. KG - Overview
- Exhibit 105: HEUTE Maschinenfabrik GmbH and Co. KG - Product / Service
- Exhibit 106: HEUTE Maschinenfabrik GmbH and Co. KG - Key offerings
- 10.9 Lambert and Barclay Ltd.
- Exhibit 107: Lambert and Barclay Ltd. - Overview
- Exhibit 108: Lambert and Barclay Ltd. - Product / Service
- Exhibit 109: Lambert and Barclay Ltd. - Key offerings
- 10.10 Novatech Automatic Systems
- Exhibit 110: Novatech Automatic Systems - Overview
- Exhibit 111: Novatech Automatic Systems - Product / Service
- Exhibit 112: Novatech Automatic Systems - Key offerings
- 10.11 Orchids International
- Exhibit 113: Orchids International - Overview
- Exhibit 114: Orchids International - Product / Service
- Exhibit 115: Orchids International - Key offerings
- 10.12 Sunpentown International Inc.
- Exhibit 116: Sunpentown International Inc. - Overview
- Exhibit 117: Sunpentown International Inc. - Product / Service
- Exhibit 118: Sunpentown International Inc. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 119: Inclusions checklist
- Exhibit 120: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 121: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 122: Research methodology
- Exhibit 123: Validation techniques employed for market sizing
- Exhibit 124: Information sources
- 11.5 List of abbreviations
- Exhibit 125: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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