The Polishes, Creams for Footwear or Leather market in Chile experienced fluctuations in per capita value from 2013 to 2023, with a decline from $0.38 in 2013 to $0.30 in 2023. Year-on-year variations show recent declines: a -3.13% drop from 2022 to 2023, and despite a mild recovery in 2021 post-2020 pandemic lows. The five-year CAGR from 2018 to 2023 indicates an average yearly decrease of 2.46%, reflecting a shrinking market size per capita over the period.
Future trends to watch include potential recovery post-pandemic as consumer spending increases and the sustainable leather goods industry expands, possibly driving future market growth for polishes and creams.
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