Market research reports, consulting: Global Market Insights Inc.

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Polishers Market Trends

Report ID: GMI12274 Published Date: November 2024Report Format: PDF
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Polishers Market Trends

The DIY (Do-It-Yourself) trend is gaining significant traction, particularly in developed countries like the U.S., Canada, and Europe. With a growing emphasis on home improvement, there is an expanding market for home-use polishers, especially for woodwork, furniture, flooring, and minor car detailing.

The popularity of platforms such as YouTube and DIY home improvement shows has encouraged consumers to undertake home renovation and maintenance tasks independently. As spending on home improvement increases, so does the demand for tasks like sanding, buffing, and polishing floors, countertops, and furniture, with many consumers seeking professional-level results.

Professional-grade polishers, particularly those designed for heavy-duty and industrial applications, often come with a high upfront cost, which can limit adoption among small businesses, DIY enthusiasts, and budget-conscious consumers. Although modern polishers are designed to be more user-friendly, there remains a learning curve for new users. Improper use can result in surface damage, deterring some from purchasing higher-end tools. The market is highly competitive, with numerous players offering similar products. Companies must continuously innovate and introduce differentiating features to maintain a competitive edge.

Author: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :

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.

Polishers Market Scope

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