In 2023, the sold production of polishes, creams, and similar preparations used for footwear or leather in France stood at an estimated 2.5 million kilograms. From 2024 onwards, there is a projected steady decline in production value, with a decrease of 10.7% year-on-year from 2024 to 2025, and further yearly reductions expected through 2028. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is forecasted at approximately -11.8%.
Future trends to watch for include:
- Changes in consumer preferences towards eco-friendly or alternative products could further impact traditional polish demand.
- Potential economic shifts or trade regulations might also influence production scales.
- Innovation in sustainable leather treatments may alter market dynamics significantly.
