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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.
Major players operating in the electric shoe polisher industry are:
The electric shoe polisher industry 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.
The handheld automatic segment held a decent market share in 2023 and is expected to register a CAGR of over 8% through 2032, as they streamline the polishing process, efficiently covering large areas of shoes with minimal effort, thereby enticing consumers with busy lifestyles.
Asia Pacific Electric Shoe Polisher Industry held a revenue share of 45% in 2023 and is set to gain prominence by 2032, attributed to the region's robust emphasis on personal grooming and cleanliness, combined with a high disposable income among booming consumer base.
Dremel (owned by Bosch), Electric Shoe Polisher by Fapully, Florsheim Electric Shoe Polisher, Kalorik Electric Shoe Polisher, Moneysworth & Best, Simple Shine, Sunpentown are some of the major industry contenders.