A12413 | Pages: NA | Sep 2022 | 1640 Views | ||
Author(s) : Roshan Deshmukh | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Furniture Polish Market
Request Now ! Furniture polish is known as pastes, creams, or lotions for the cleaning and protection of wooden furnishing. The product is also utilized in furniture to provide an aesthetic look to the furniture in residential and commercial sectors. There is an increase in the demand for furniture polish due to flourishing construction activities. The rise in need for polished furnishings has led to increase in demand in business and home space with damaging properties, increasing furniture exports and high oven production. The new versions of furniture polishing are introduced to meet the varied needs of their target customers by different polishers. The increased demand for polished furniture is expected to boost the growth of the polished furniture industry worldwide. Furthermore, increase in the available income and public investment in infrastructure would further enhance the scale of the sector. With the advent of the COVID-19 pandemic, the demand for furniture polish has decreased due to the enforcement of strict lockdown resulting in halting the operations in major sectors.
Market Scope and Structure Analysis                                                           Â
Report Metric | Details |
 Market Size Available for Years |  2020–2030 |
 Base Year Considered |  2020 |
 Forecast Period |  2021–2030 |
 Forecast Unit |  Value (USD) |
 Regions Covered |  North America, Europe, Asia-Pacific, and LAMEA |
 Segments Covered | Product Type, Source, End User, Distribution Channel and Region |
 Companies Covered | Akzo Nobel N.V., Jubliant Agri & Consumer Products Ltd., Asian Paints Ltd., ICA Pidilite Industries Limited, Liberon Limited, Altana AG, Reckitt Benckiser Group Plc., Axalta Coating System, Ltd., PPG Industries, Inc, and The Sherwin-William Company. |
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
Emphasis on innovation and new product launches by furniture polish companies
With new developments in numerous sectors, consumer perception and buying conduct have continually changed. With its vast consumer base, the worldwide Polish furniture business has seen a similar evolution. Consumers are now seeking furniture polishing that can preserve the beauty of this hardwood furniture for an extended period using a variety of fundamental ingredients such as wood traction in the furniture industry. As a result, many polishing meets the diversifying demands of their target consumers by strategizing the introduction of new varieties of polished mechanical items.
Mergers and Acquisitions - A key factor driving value sales
Due to the convergence of many variables, including customer base expansion and different consumer perception, many vital furniture polishing companies have chosen important methods for sales generation on the worldwide market. Mergers and acquisitions are considered a crucial strategy for generating sales and expanding operations on national and worldwide marketplaces.
Internet services are playing a vital role in the growth of the furniture polish market
In this modern era, consumers are shifting towards online purchases due to their busy schedule and the better convenience offered than traditional shopping. The e-commerce websites encouraging consumers to buy furniture online as they offer better designs and offers an after purchase service that is generally unavailable in traditional purchases.
Key Segments Covered
Product Type
Source
End User
Distribution Channel
Region
Key Benefits of the Report
Questions Answered in the Report
Key Market Segments & Key Market Players
Segments | Sub-segments |
---|---|
By Product Type |
|
By End User |
|
By Distribution Channel |
|
By Region |
|
Key Market Players |
|
Loading Table Of Content...
Start reading.
This Report and over 13,000+ more Reports, Available with Avenue Library. T&C*.
10%
Discount
10%
Discount
15%
Discount
15%
Discount
Enterprise
License/PDF
20%
Discount
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers