Infinium Global Research Shoe Cleaning and Deodorizer Market | Page 3

Shoe Cleaning and Deodorizer Market: Trends and Forecast -2024
of orthopedic shoes. The key trends such as a high focus on marketing strategies by
key manufacturers, innovation in shoe products along with growing demand for
leather shoes among consumers are helping to grow the market in the medium and
long-term. The key restraining factors of the global shoe care market are rapidly
changing consumer preferences, increasing use of low maintenance are hindering
the growth of the market in the medium term. Growing importance of physical
fitness and the influence of corporate culture is expected to fuel the growth of
show care market. Additionally, increasing disposable income among young and
middle-class consumers are expected to boost the market for the long term.
The North America market is estimated to dominate the shoe care market followed
by the European region. Among the emerging markets, APAC is estimated to exhibit
a highest CAGR growth rate, due to growing demand of different varieties of the
shoe and its shoe care products during the forecasted period. Latin America is
expected to follow Asia Pacific market, improving economic conditions, growing
disposable income and increasing demand for sports shoes is anticipated to be the
key factors driving growth in this region.
Segment Covered
The report on global shoe cleaning and deodorizer market covers segments such as,
product and end user. On the basis of product the global shoe cleaning and
deodorizer market is categorized into powders, sprays, insoles, balls and ultraviolet
(UV). On the basis of end user the global shoe cleaning and deodorizer market is
categorized into athletes and non-athletes.
Geographic Coverage
The countries covered in the North America region include the U.S., Canada, and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and
among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are
included in the European region. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets such
as India and China. The APAC region is projected to experience a growth at a CAGR
of x.x% over the period of 2018-2024.
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