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Electric shoe polisher machines are used to clean and polish shoes and shoe soles. Two of the key types of shoe polisher machines available in the market presently are handheld electric shoe polisher machines, as well as fully automatic electric shoe polisher machines. Automated products account for the highest revenue share in the market. This trend can be attributed to their benefits, such as hands-free operation and speedy cleaning time. However, cost effective nature of the handheld or manual devices creates increased demand for such products in the global electric shoe polisher market. These devices are used in both commercial as well as residential settings. Manufacturers in the global electric shoe polisher market distribute their products through various channels, including business to business or B2B, specialty stores, and online stores, among others. Rising need for cleaning shoes more quickly than conventional means is propelling the demand within the global electric shoe polisher market.
The increase in the number of working populations in all parts of the world, as well as the rising demand for quick and proper shoe polishing and cleaning services, is expected to propel the growth of the global electric shoe polisher market in coming years. Furthermore, the introduction of a new type of portable, automated, and compact devices that feature two types of unique cleaning brushes and next-gen sensors is also favoring the development of the global electric shoe polisher market. Rising demand from business complexes as well as 5-star hotels, owing to fast paced expansion of the corporate sector is also expected to favor the market expansion. However, the high cost of fully automated electric shoe polisher machines may hamper the expansion of the global electric shoe polisher market in coming years. On the other hand, increasing demand for hands free shoe polishing machines, as well as increasing demand from emerging economies, such as India, may positively impact the development of the global electric shoe polisher market in the coming years.
Some of the leading manufacturers and players operating in the landscape of the global electric shoe polisher market include Braukmann GmbH, Dolphy India Pvt. Ltd., Euronics Industries Pvt., Ltd., HEUTE Maschinenfabrik GmbH & Co. KG, Sunpentown Inc., Beck Shoe Products Co., Comfort House, ESFO AB, Expondo GmbH, and Orchids International, among others. Players in the global electric shoe polisher market are focused on adopting various strategies to beat their competitors and enhance their industry share. Some of these strategies include mergers and acquisitions, increasing online sales, launching new products, and geographical expansions. Several players are also focused on expanding their production capabilities to meet the rising demands from the consumers in developed economies.
Regionally, the global electric shoe polisher market can be categorized into Europe, Latin America, North America, Middle East and Africa, and Asia Pacific. Among these, the highest share of the global electric shoe polisher market was held by North America in the recent past. Some of the key drivers behind this factor include rising demand for shoe polisher machines in commercial spaces in the region, such as malls, clubs, hotels, offices, and restaurants, as well as increasingly favorable economic conditions in regional economies such as Canada and the United States.
Moreover, increasing purchasing power among regional consumers, as well as an increase in the number of high class hotels and business complexes is also creating new opportunities in the Asia Pacific electric shoe polisher market. Moreover, fast paced expansion of the regional hospitality sector is also anticipated to favor the growth within the Asia Pacific market.
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Electric Shoe Polisher Market
