The outlook is muted for polishes over the forecast period. All polishes will register a fall in volume sales, with shoe polish registering the steepest decline.
Polishes are becoming less popular in Uruguay, and also globally, and as a result there will be little innovation and the global players that manufacture polishes will instead focus on more profitable home care products. Also, consumers will increasingly choose cleaning alternatives, including multi-purpose cleaners, as they are more affordable and suitable for various cleaning surfaces.
Any products that are launched over the forecast period will focus on convenience - such as wipes, sprays and aerosols. Also, with consumers being increasingly conscious about protecting the environment, major brands will focus on developing more natural products that rely less on petroleum derivatives.
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Understand the latest market trends and future growth opportunities for the Polishes industry in Uruguay 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 Uruguay, 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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