The reduction in the size of Singapore's military, as a result of changes in population dynamics, could have an indirect impact on shoe polish demand. The size of the military has a direct correlation with the number of personnel engaged in activities that require proper shoe maintenance, and a decrease in military personnel may lead to a proportional decline in the demand for shoe polish.
Retail volume sales of furniture polish in Singapore are set to remain flat over the forecast period, driven by a combination of factors, including a lack of interest and knowledge among local consumers. This diminishing trend reflects a shift in consumer preferences and priorities, where traditional furniture polishing practices are giving way to alternative cleaning and maintenance solutions.
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Understand the latest market trends and future growth opportunities for the Polishes industry in Singapore 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 Singapore, 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.
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