Electric Shoe Polisher Market to Reach $98.5 Mn, Globally, by 2030

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2. Electric Shoe Polisher Market Expected to Reach $98.5 million by 2030-Allied Market Research According to a new report published by Allied Market Research, titled, “global electric shoe polisher market by product type, end user, distribution channel, and region: global opportunity analysis and industry forecast, 2021–2030,” the global electric shoe polisher market size was valued at $45.4 million in 2020, and is projected to reach $98.5 million by 2030, registering a CAGR of 5.3% from 2021 to 2030. An electric shoe polisher is used to clean and polish shoes to give a shiny look. Unlike traditional shoe polishers, these electric shoe polishers save time and polishes shoes faster. The machine helps in giving a shiny look to shoes for a longer period. An automatic shoe polisher operates with infrared sensors. With cream or wax placed in the middle of the machine. Sensor detects shoe placed in machines and brush cleans shoes. In addition, electric shoe polishers have become a part of many offices, hotels, and airports. Moreover, surge in youth population, improved lifestyle, and rise in disposable income of individuals in developing countries are anticipated to offer immense opportunities for the electric shoe polisher market growth during the forecast period. Get detailed COVID-19 impact analysis on the Footwear Market :- https://www.alliedmarketresearch.com/purchase-enquiry/A13091 • Electric Shoe Polisher Market Download Report Sample

3. Key Players :- Beck Shoe Products Co Braukmann GmbH Comfort House Dolphy India Pvt. Ltd. ESFO AB EuronicsIndistries Pvt Ltd Expondo GmbH HEUTE Maschinenfabrik GmbH Orchids International, and Sunpentown Inc. • Electric Shoe Polisher Market Download Report Sample

4. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, Japan, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Turkey, and Rest of LAMEA). Based on region, North America, held the highest market share in terms of revenue 2020, accounting for nearly two-fifths of the global electric shoe polisher market. This is due to surge in number of commercial spaces, such as malls, offices, clubs, restaurants, and hotels, in countries including the U.S. and Canada. However, the Asia-Pacific region is expected to witness the fastest CAGR of 8.1% during the forecast period, owing to rapid expansion of the hospitality sector in the region. Purchase this Report (Price 5,769 USD for single user license) :-https://www.alliedmarketresearch.com/purchase-enquiry/697 • Electric Shoe Polisher Market Download Report Sample

5. Key findings of the study • By product type, the fully automatic segment accounted for the highest electric shoe polisher market share in 2020, growing at a CAGR of 5.1% from 2020 to 2030. • By end user, the commercial segment accounted for the highest electric shoe polisher market share in 2019, growing at a CAGR of 5.0% from 2020 to 2030. • By distribution channel, the B2B segment accounted for the highest market share in 2020, growing at a CAGR of 4.3% from 2020 to 2030. • By Region, North America occupied the maximum share in the market in 2020 and is expected to be the dominating segment during the electric shoe polisher market forecast period. • Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert:https://www.alliedmarketresearch.com/purchase-enquiry/A13091 • Electric Shoe Polisher Market Download Report Sample

6. About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Electric Shoe Polisher Market Download Report Sample

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