The per capita market size for polishes and creams for footwear or leather in Tunisia has largely remained stable from 2013 to 2023, fluctuating between $0.20 and $0.24. The value per capita in 2023 remained steady at $0.24, a return to its consistent value over most of the past years after a dip to $0.20 in 2020. Observing the year-on-year variations, stability is noted, with a CAGR of 0% over the last five years indicating a plateau in market growth.
Future trends to watch for:
- Potential emergence of environmentally friendly or premium products could affect market dynamics.
- Economic changes or shifts in consumer behaviour might lead to new demand trends.
- Technological advancements in product formulations could drive differentiation and influence market value.
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