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Report
Global Furniture Polish Market Report and Forecast 2024-2032
Market Report I 2024-04-08 I 187 Pages I EMR Inc.
Global Furniture Polish Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global furniture polish market size reached a value of USD 10.52 billion in 2023. Aided by the growing consumer focus on home aesthetics and the rising demand for sustainable and efficient furniture care products, the market is projected to further grow at a CAGR of 6.5% between 2024 and 2032 to reach a value of USD 18.53 billion by 2032.
Furniture polish plays a crucial role in the maintenance and preservation of wooden furniture, enhancing its appearance while offering protection against dust, moisture, and wear. The market comprises a wide range of products, including aerosol sprays, liquid polishes, and wax-based polishes, each catering to different consumer preferences and furniture care needs. These products not only rejuvenate the look of furniture but also extend its lifespan, making them indispensable in both residential and commercial settings.
The burgeoning interest in interior decoration and the surge in home renovation activities are primary factors fuelling the furniture polish market growth. As consumers become increasingly invested in the aesthetics and longevity of their furniture, the demand for high-quality polish products that can restore and maintain the furniture's original sheen continues to rise. Furthermore, the shift towards eco-friendly and organic furniture care products is reshaping the market landscape, with manufacturers innovating to meet these evolving consumer preferences.
Sustainability trends are significantly influencing the furniture polish market expansion. There is a growing consumer inclination towards products made from natural and non-toxic ingredients, driven by heightened awareness about the environmental impact and health implications of synthetic chemicals. This shift has led to increased research and development efforts aimed at creating eco-friendly polish formulations that are safe for both users and the environment.
The versatility of furniture polish extends beyond mere aesthetic enhancement to include protective qualities that are valued across various industrial sectors. As per the furniture polish market analysis, in commercial spaces, such as offices, hotels, and restaurants, where the appearance and condition of furniture can impact customer perceptions, the demand for effective polish products is particularly high. These settings require regular maintenance to preserve the furniture's appeal and durability, thus driving the commercial demand for furniture polish.
The growing interest in DIY home improvement projects and personalised interior design has extended to furniture care, with consumers seeking products that allow for customisation and a personal touch in furniture maintenance, which further contributes to the furniture polish market share. This trend includes DIY furniture polish kits and products that can be tailored to suit specific types of wood or finishes. Manufacturers are responding by offering more versatile and customisable polish options, catering to the hands-on consumer who takes an active role in home aesthetics and maintenance.
In addition to traditional applications, technological advancements and innovative formulations are opening new avenues for the furniture polish market. Products that offer added benefits, such as UV protection, anti-dust properties, and moisture resistance, are gaining traction. These innovations not only enhance the functionality of furniture polish but also cater to the specific needs of different types of wood and furniture finishes.
As per the furniture polish market outlook, the market also presents ample opportunities for growth through the expansion of distribution channels. The rise of e-commerce platforms has made furniture polish more accessible to a broader audience, offering manufacturers the chance to tap into new markets and customer segments. Additionally, strategic marketing initiatives and partnerships with furniture manufacturers and retailers can further enhance brand visibility and drive sales.
Market Segmentation
The market can be divided based on product type, end use, distribution channel, and region.
Market Breakup by Product Type
- Solvent
- Liquid
- Aerosol
- Others
Market Breakup by End Use
- Commercial
- Residential
Market Breakup by Distribution Channel
- Direct
- Indirect
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global furniture polish market. Some of the major players explored in the report by Expert Market Research are as follows:
- S.C. Johnson & Son, Inc. (Pledge)
- Reckitt Benckiser Group Plc
- Akzo Nobel N.V.
- The Sherwin-Williams Company
- Asian Paints Limited
- PPG Industries, Inc.
- Milsek Furniture Polish LLC
- Altana AG
- Liberon Limited
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Furniture Polish Market Analysis
8.1 Key Industry Highlights
8.2 Global Furniture Polish Historical Market (2018-2023)
8.3 Global Furniture Polish Market Forecast (2024-2032)
8.4 Global Furniture Polish Market by Product Type
8.4.1 Solvent
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Liquid
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Aerosol
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Furniture Polish Market by End Use
8.5.1 Commercial
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Residential
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Furniture Polish Market by Distribution Channel
8.6.1 Direct
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Indirect
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Furniture Polish Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Furniture Polish Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Furniture Polish Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Furniture Polish Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Furniture Polish Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Furniture Polish Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 S. C. Johnson & Son, Inc. (Pledge)
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Reckitt Benckiser Group Plc
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Akzo Nobel N.V.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 The Sherwin-Williams Company
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Asian Paints Limited
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 PPG Industries, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Milsek Furniture Polish LLC
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Altana AG
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Liberon Limited
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Furniture Polish Market: Key Industry Highlights, 2018 and 2032
2. Global Furniture Polish Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3. Global Furniture Polish Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4. Global Furniture Polish Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Furniture Polish Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Furniture Polish Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Global Furniture Polish Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Global Furniture Polish Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Furniture Polish Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Furniture Polish Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Furniture Polish Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Furniture Polish Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Furniture Polish Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Furniture Polish Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Furniture Polish Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Furniture Polish Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Furniture Polish Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Furniture Polish Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Furniture Polish Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Furniture Polish Market Structure
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