According to the latest report by IMARC Group “Shoe Shine Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global shoe shine machine market is expected to exhibit a CAGR of 5.79% during 2022-2027.
A shoeshine machine is a compact, portable and lightweight device designed for cleaning shoes and soles. It enables hands-free operation and operates through multiple infrared sensors, a motor, wax creams and high-quality cleaning brushes. The sensors recognize the shoe when it is placed in the slot and clean it through brushes equipped with woolen and nylon bristles by removing the dirt and restoring the shine. Compared to the conventionally used methods, shoeshine machines are hassle-free, highly time- and cost-effective, and helps in reducing the wear and tear on shoes, thereby restoring the shine for a longer period. As a result, they find widespread application across offices, homes, hotels, airports and other commercial complexes.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The elevating levels of urbanization, along with the significant increase in the working population, are primarily driving the growth of the market. Moreover, the escalating utilization of shoeshine machines in the hospitality sector is also contributing to the product demand. Besides this, continuous innovations, including the development of automatic variants with smart sensors, are favoring market growth. Several other factors, including the growing expenditure capacities of the consumers, along with the rising preferences for premium and luxury products and services, are anticipated to further drive the global market for shoeshine machines in the coming years.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Beck Shoe Products Company
- Dolphy India Private Limited
- Esfo AB
- Euronics Industries Pvt. Ltd.
- HEUTE Maschinenfabrik GmbH & Co KG
- Moneysworth & Best
- Orchids International
- Sunpentown Inc.
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The report has segmented the market on the basis of Product Type, End-User and Region.
Breakup by Product:
- Automatic
- Manual
Breakup by Application:
- Residential
- Commercial
Breakup by Distribution Channel:
- Offline
- Online
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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