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Polishers Market Share
In 2023, key companies like Makita, Bosch, Festool, Milwaukee etc. held a combined market share of 30-35%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
Companies are heavily investing in research and development to develop advanced and smart polishers that align with the changing and evolving industry’s needs and preferences. Competitive strategies frequently center on product differentiation, where manufacturers augment their offerings with distinctive features, and geographic expansion to penetrate emerging markets. In this dynamic environment, companies that adeptly innovate and respond to market trends are poised for the most significant growth.
Polishers Market Companies
Major players operating in the polisher industry are:
- 3M Company
- Adam's Polishes
- Batoca
- Chemical Guys
- Dewalt
- Dynabrade
- Festool
- Flex
- Makita
- Metabo
- Milwaukee
- Porter-Cable
- Robert Bosch
- Ryobi
- Worx
How big is the polisher market?
The global polisher industry was valued at USD 695.8 million in 2023 and is estimated to grow at a CAGR of over 7% from 2024 to 2032, driven by increasing car ownership and higher disposable incomes.
Why is the use of rotary polishers rising?
The rotary polisher segment recorded USD 309.5 million in 2023 and is expected to grow at a CAGR of around 6.4% from 2024 to 2032, fueled by the demand in the automotive detailing industry.
What is the size of the U.S. polisher market?
The U.S. polisher industry was valued at USD 146.7 million in 2023 and is projected to grow at a CAGR of over 7.1% from 2024 to 2032, supported by the extensive and advanced automotive aftermarket industry.
Who are some of the prominent players in the polisher industry?
Key players in the industry include 3M Company, Adam's Polishes, Batoca, Chemical Guys, Dewalt, Dynabrade, Festool, Flex, Makita, and Metabo.