The market size value per capita for polishes and creams for footwear or leather in Romania saw fluctuations from 2013 to 2023. In 2023, the value stood at $0.71, maintaining the same level as in 2022. The year-on-year variation in 2023 compared to 2022 was 0%, suggesting stability after a recovery from a dip in 2020. The 5-year CAGR from 2018 to 2023 was approximately 1.18%, reflecting modest growth. Over the past decade, the growth has generally been positive but with noticeable drops and recoveries.
Future trends to watch for include:
- Increasing demand for eco-friendly and sustainable products.
- Potential growth driven by economic recovery and increasing consumer spending power.
- Changing fashion trends impacting the use and sales of such products.
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