The import of polishes, creams, and similar preparations used for footwear or leather to Italy is projected to decline steadily from 2024 to 2028. In 2023, imports were higher compared to the forecasted decreases in subsequent years. The year-on-year decline from 2024 to 2025 is approximately 11.5%, followed by similar decreases around 12.8% annually for the coming years. Over the entire forecast period, this results in a compound annual growth rate (CAGR) of -13.3%.
Future trends to watch for include potential shifts in consumer preferences towards sustainable or multifunctional products, and economic factors impacting demand. Additionally, advancements in product formulation technology or alternative care products could influence market dynamics significantly.
