Demand for polishes in Hong Kong is expected to continue falling over the forecast period, although the rate of decline is set to gradually slow, likely due to rising parallel trade between the border checkpoints of Hong Kong and mainland China. Overall, consumers in Hong Kong are not particularly enthusiastic about polishing, and due to the declining sales trend, manufacturers are discouraged from entering the category or making greater investments, while retailers allocate very little shelf space to these home care products.
Shoe polish is expected to remain the largest value category within polishes over the forecast period, and is also set to record the fastest value growth (at constant 2024 prices). Expatriates or those visiting Hong Kong for business purposes will continue to seek shoe-shining services, or purchase shoe polish themselves from speciality stores.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Polishes industry in Hong Kong, China 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 Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Polishes
This is the aggregation of shoe, floor, furniture and metal polish.
See all of our definitionsThis report originates from Passport, our Polishes research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!