Dublin, Sept. 25, 2020 (GLOBE NEWSWIRE) -- The "Shoe Care - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Shoe Care estimated at US$4.6 Billion in the year 2020, is projected to reach a revised size of US$5.5 Billion by 2027, growing at a CAGR of 2.8% over the analysis period 2020-2027.
Shoe Care, one of the segments analyzed in the report, is projected to record a 3% CAGR and reach US$3.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Shoe Clean segment is readjusted to a revised 2.5% CAGR for the next 7-year period.
The U. S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 5.2% CAGR
The Shoe Care market in the U. S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2027 trailing a CAGR of 5.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.
Shoe Care Accessories Segment to Record 2.2% CAGR
In the global Shoe Care Accessories segment, USA, Canada, Japan, China and Europe will drive the 1.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$444.3 Million in the year 2020 will reach a projected size of US$502.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$760.3 Million by the year 2027, while Latin America will expand at a 2.9% CAGR through the analysis period.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Allen Edmonds Shoe Corporation
Payless ShoeSource Inc.
S. C. Johnson & Son, Inc.
Salzenbrodt GmbH & Co. KG (Collonil)
U. S. Continental Marketing Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Shoe Care Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Shoe Care Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
Shoe Care Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
Shoe Care Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
Shoe Care (Product Type) World Market by Region/Country in US$ Million: 2020 to 2027
Shoe Care (Product Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
Shoe Care (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
Shoe Clean (Product Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
Shoe Clean (Product Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
Shoe Clean (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
Shoe Care Accessories (Product Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
Shoe Care Accessories (Product Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
Shoe Care Accessories (Product Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
Shoe Care Market Share (in %) by Company: 2019 & 2025
Shoe Care Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
Shoe Care Market by Product Type: A Historic Review in US$ Million for 2012-2019
Shoe Care Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
Total Companies Profiled: 48
For more information about this report visit https://www.researchandmarkets.com/r/tzp8mk
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager firstname.lastname@example.org For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900