The market size of polishes and creams for footwear or leather in New Zealand showed fluctuations over the years, with the value standing at 4.5294 million USD in 2023. While the market experienced a notable decline in 2014 and 2020, there was a significant recovery post-2020. The year-on-year variation in 2022 was 1.12%, followed by a 1.08% increase in 2023. The last five-year CAGR was 1.15%, indicating a modest growth trend.

Future trends to watch include potential shifts in consumer preferences towards eco-friendly products and the impact of digital marketing strategies on market growth. Additionally, innovations in product formulations and packaging might also influence the market dynamics.

Download as XLS

More about Leather Industry 2025-2029