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Electric Shoe Polisher Market - By Product Type (Fully Automatic, Handheld Automatic), By Distribution Channel (Specialty Store, B2B, Online Store), By End Use (Residential, Commercial), Forecast 2024 - 2032

Report ID: GMI8736 Published Date: March 2024Report Format: PDF
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Electric Shoe Polisher Market Size

Electric Shoe Polisher Market size was valued at approximately USD 50 million in 2023 and is projected to register a CAGR of over 5% between 2024 & 2032, driven by the increasing consumer focus on personal grooming and the convenience of automated home appliances.

 

Electric Shoe Polisher Market

To get key market trends

As lifestyles become more fast-paced, the preference for quick & efficient solutions for daily tasks such as shoe polishing is on the rise. This trend, coupled with the growing disposable income in emerging economies, is expected to significantly propel market expansion. The integration of technology into personal grooming products including electric shoe polishers has enhanced the product appeal by offering features such as adjustable speeds, multifunctionality (polishing, buffing, and cleaning), and eco-friendly operations. Innovations such as smart electric shoe polishers that can be controlled via smartphone apps are also emerging, further driving consumer interest and market expansion.

For example, a leading footwear company recently announced a strategic partnership with a tech firm to develop a line of electric shoe polishers that polish & diagnose the shoe's material condition and recommend specific care instructions. This innovative approach to shoe care is expected to set new standards in the market and attract a broader consumer base. Moreover, the post-pandemic emphasis on hygiene and cleanliness has bolstered the demand for personal care appliances including shoe polishers as consumers seek more efficient ways to maintain cleanliness and extend the life of their footwear.

Limited battery life is a significant pitfall in the market as it restricts the duration of use, hindering prolonged polishing sessions. Users may find themselves frequently interrupted to recharge, disrupting workflow and efficiency. This limitation also affects portability as users must consider access to power sources for recharging, potentially limiting the device's usefulness in environments where electricity is not readily available.

Electric Shoe Polisher Market Trends

The market is evolving with increased incorporation of smart technology and eco-friendly solutions to cater to the modern consumer's demands for convenience & sustainability. Manufacturers are integrating advanced features, such as programmable settings, remote control via smartphone apps, and energy-efficient designs, to enhance the user experience while minimizing environmental impact. This trend appeals to tech-savvy & eco-conscious consumers and aligns with the broader movement toward smart home ecosystems, making electric shoe polishers a seamless addition to the connected home.

There is a noticeable shift toward multifunctional and compact electric shoe polishers that also offer cleaning and conditioning capabilities, all in a single device. This caters to the growing consumer preference for minimalist and space-saving products that deliver comprehensive shoe care solutions. Manufacturers are investing in research & development to innovate products that meet these multifaceted needs, ensuring that their offerings stand out in a competitive market. This trend toward multifunctionality and compactness reflects the changing consumer lifestyle preferences and the increasing importance of versatility & efficiency in home appliances.

Electric Shoe Polisher Market Analysis

Electric Shoe Polisher Market, By Distribution Channel, 2022-2032, (USD Million)
Learn more about the key segments shaping this market

Based on distribution channel, the market is divided into specialty store, B2B, online store, and others. The B2B segment is expected to reach over USD 30 million by 2032.

  • B2B of electric shoe polishers provide organizations with efficient tools to maintain uniform shoe appearance across employees. This consistency enhances brand image, projecting professionalism and attention to detail. It also reduces time spent on manual polishing, allowing employees to focus on core tasks and improving overall efficiency.
  • B2B transactions facilitate tailored solutions for specific business needs, such as specialized polishing programs or bulk orders customized to fit organizational requirements, fostering long-term partnerships between suppliers and businesses.
Global Electric Shoe Polisher Market Share, By Product Type, 2023
Learn more about the key segments shaping this market

Based on product type, the electric shoe polisher market is segmented into fully automatic and handheld automatic. The handheld automatic segment is expected to register a CAGR of over 8% from 2024 to 2024.

  • Handheld automatic polishers revolutionize shoe care by eliminating the need for manual effort and enabling users to achieve a polished finish swiftly & effortlessly. This convenience appeals to consumers seeking efficient solutions to save time on shoe maintenance, making it an attractive option for busy individuals who prioritize convenience & effectiveness.
  • These devices streamline the polishing process, efficiently covering large areas of shoes with minimal effort, thereby enticing consumers with busy lifestyles or limited time for manual shoe care tasks.
China Electric Shoe Polisher Market Size, 2022-2032, (USD million)
Looking for region specific data?

Asia Pacific dominated the global electric shoe polisher market in 2023 with over 45% of the revenue share. This dominance is attributed to the region's robust emphasis on personal grooming and cleanliness, combined with a high disposable income among consumers, spurring the demand for convenience-oriented and technologically advanced home appliances. The presence of key market players who continuously innovate product design and functionality has also propelled market growth in Asia Pacific.

Electric Shoe Polisher Market Share

Dremel and Sunpentown held a significant share of over 20% in the market in 2023. Dremel, offering versatile rotary tools, extends its expertise into the market with innovative solutions. Its offerings include electric shoe polishers featuring powerful motors, ergonomic designs, and interchangeable polishing heads. Dremel's products promise efficiency and precision, ensuring superior shoe maintenance for both consumers and businesses.

Sunpentown is a global provider of innovative home appliances and environmental solutions. In the market, Sunpentown offers electric shoe polishers designed to enhance shoe appearance efficiently. Its products feature reliable performance, user-friendly operation, and sleek designs, catering to both residential and commercial customers' needs.

Electric Shoe Polisher Market Companies

Major players operating in the electric shoe polisher industry are:

  • Dremel (owned by Bosch)
  • Electric Shoe Polisher by Fapully
  • Florsheim Electric Shoe Polisher
  • Kalorik Electric Shoe Polisher
  • Moneysworth & Best
  • Simple Shine
  • Sunpentown

Electric Shoe Polisher Industry News

  • In October 2023, Jakel Components LLC acquired Beck Shoe Products, a 120-year-old electric shoe polisher and buffer manufacturer based in Edwardsville, Illinois.
  • In August 2022, Philips Domestic Appliances today announced its entry into a brand-new market with the introduction of the first of its type, the Sneaker Cleaner GCA1000/60. Customers will benefit from always having pristine, brilliant, and crease-free sneakers thanks to the automated cleaning technology.

The electric shoe polisher market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

Market, By Product Type, 2018 - 2032

  • Fully automatic
  • Handheld automatic

Market, By Distribution Channel, 2018 - 2032

  • Specialty store
  • B2B
  • Online store
  • Others

Market, By End Use, 2018 – 2032

  • Residential
  • Commercial

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA

 

Author: Suraj Gujar, Deeksha Vishwakarma
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Electric Shoe Polisher Market Scope

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