Recently published research from Euromonitor International, "Polishes in Tunisia", is now available at Fast Market Research
Boston, MA -- (SBWIRE) -- 06/23/2014 -- Polishes remained a small category in Tunisia in 2013. The category is widely impacted by cultural cleaning habits, resulting in lower consumer demand for these products. Retail prices are also a hindrance to the performance of polishes in Tunisia, as consumers prefer to use cheaper alternatives, such as bleach and hand wash detergents, to clean cars and furniture. Compared with the review period, price increases in 2013 enabled an overall value increase similar to the CAGR posted over the review period.
The competitive landscape within polishes was somewhat consolidated in Tunisia in 2013. Sara Lee Corp led the category with a value share of 55% in 2013. The company enjoys strong brand recognition and loyalty due to its global leading brand, Kiwi, within shoe polish. As consumers use shoe polish on a daily basis in line with the trend of looking after one's appearance, Sara Lee was able to strengthen its value share due to brand loyalty and because these items are regarded as necessity products by Tunisians.
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Polishes in Tunisia is expected to register a value increase over the forecast period. Consumer demand for polishes will likely experience resilience depending on disposable incomes. Overall polishes might not be considered as essential due to cheaper alternatives, such as bleach and hand wash detergents. Shoe polish is expected to remain the largest category due to the trend of maintaining a smart appearance. As a result, polishes in Tunisia is predicted to register a CAGR of 1% in terms of constant value at 2013 prices over the forecast period.
Discover the latest market trends and uncover sources of future market growth for the Polishes industry in Tunisia with research from Euromonitor's team of in-country analysts.
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If you're in the Polishes industry in Tunisia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Polishes in Tunisia market research report includes:
- Analysis of key supply-side and demand trends
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the market size of Polishes in Tunisia?
- What are the major brands in Tunisia?
- What are the future prospects for the polishes market?
- What are the key new product launches in the polishes market?
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