Retail constant value sales of polishes will continue to fall throughout the forecast period, but the rate of decline will be much slower than in the review period, with floor polish the worst performer, as the lifestyle changes seen in the review period are set to continue. Metal polish, the smallest category, will continue to be challenged by changing trends in the home and its niche positioning, as it tends to be used for polishing collectible spoons or silver trays.
Only furniture polish will see an increase in retail constant value sales, and that will be marginal, as most younger consumers will continue to favour relatively cheap furniture that can simply be wiped down with surface care or even a damp cloth. Melamine furniture, which is rising in popularity due in part to its resemblance to real wood furniture, provides a modest growth opportunity for furniture policy.
During the forecast period as a whole, floor polish will be the worst performer in polishes in terms of its rate of decline in retail constant sales. Indeed, by the end of the forecast period, retail constant value sales will be little more than half of their level at the beginning of the review period.
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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.
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.
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