openPR Logo
Press release

Furniture Polish Market predicted to experience noticeable growth in the future

09-21-2021 10:44 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied market research

/ PR Agency: Allied market research
Furniture polish is known as pastes, creams, or lotions for the cleaning and protection of wooden furnishing. The product is also utilized in furniture to provide an aesthetic look to the furniture in residential and commercial sectors. There is an increase in the demand for furniture polish due to flourishing construction activities. The rise in need for polished furnishings has led to increase in demand in business and home space with damaging properties, increasing furniture exports and high oven production.

The new versions of furniture polishing are introduced to meet the varied needs of their target customers by different polishers. The increased demand for polished furniture is expected to boost the growth of the polished furniture industry worldwide. Furthermore, increase in the available income and public investment in infrastructure would further enhance the scale of the sector. With the advent of the COVID-19 pandemic, the demand for furniture polish has decreased due to the enforcement of strict lockdown resulting in halting the operations in major sectors.

Request For Sample :-

Companies Covered
Akzo Nobel N.V., Jubliant Agri & Consumer Products Ltd., Asian Paints Ltd., ICA Pidilite Industries Limited, Liberon Limited, Altana AG, Reckitt Benckiser Group Plc., Axalta Coating System, Ltd., PPG Industries, Inc, and The Sherwin-William Company.

COVID-19 Impact Analysis

As the COVID-19 pandemic has forced countries to enforce lockdown, the supply and distribution chain had disrupted. The shifting of activities in operations and vendor operations impacted the production. Hypermarkets/supermarkets and convenience stores were closed, creating a gap in demand and supply.
The production process for furniture has become a challenge for companies due to the limited availability of labor, disrupted raw material supply and logistic issue. The deterioration in the production of furniture has lead to a downfall in demand for furniture polish.
The necessity for polishing furniture in the family, company and other industries had reduced due to the implementation of lockdown to tackle the COVID-19 pandemic. Consumers do not need to polish their furniture, as their interest has shifted toward other essential amenities that would help them survive the pandemic.
Top Impacting Factors

The growing middle-class population, increase in disposable income, high investment toward the hotel and hospitality industry, the change preferences of consumers as well as their change in taste and lifestyle are the major driving factors in the growth of the furniture polish market. The market for polishing furniture has also been pushed by the availability of various products and by the developing quality of products such as water-based polished furniture created by some producers.
As the number of home and trade furniture installations increases, it has become important for furniture to be maintained and protected from pollution and other external elements. Different kinds of furniture will ultimately require periodic maintenance, which demands the usage of furniture polish. With the increase in service and maintenance companies in the market, the requirement for furniture polish is increasing.
Market Trends

Get detailed COVID-19 impact analysis on the Furniture Polish Market :-

Emphasis on innovation and new product launches by furniture polish companies

With new developments in numerous sectors, consumer perception and buying conduct have continually changed. With its vast consumer base, the worldwide Polish furniture business has seen a similar evolution. Consumers are now seeking furniture polishing that can preserve the beauty of this hardwood furniture for an extended period using a variety of fundamental ingredients such as wood traction in the furniture industry. As a result, many polishing meets the diversifying demands of their target consumers by strategizing the introduction of new varieties of polished mechanical items.

Mergers and Acquisitions - A key factor driving value sales

Due to the convergence of many variables, including customer base expansion and different consumer perception, many vital furniture polishing companies have chosen important methods for sales generation on the worldwide market. Mergers and acquisitions are considered a crucial strategy for generating sales and expanding operations on national and worldwide marketplaces.

Internet services are playing a vital role in the growth of the furniture polish market

Speak With Analyst :-

In this modern era, consumers are shifting towards online purchases due to their busy schedule and the better convenience offered than traditional shopping. The e-commerce websites encouraging consumers to buy furniture online as they offer better designs and offers an after purchase service that is generally unavailable in traditional purchases.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Follow Us on LinkedIn:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Furniture Polish Market predicted to experience noticeable growth in the future here

News-ID: 2400408 • Views: 187

More Releases from Allied market research

Fantasy Sports Market in Asia-Pacific & Canada is Expected to Reach $3,739.8 Mil …
According to a new report published by Allied Market Research, titled, “Asia-Pacific & Canada Fantasy Sports Market by Sports Type, Platform, and Demographic: Regional Opportunity Analysis and Industry Forecast, 2021–2027,” Asia-Pacific & Canada fantasy sports market size was valued at $2,021.9 million in 2019, and is projected to reach $3,739.8 million by 2027, growing at a CAGR of 10.7% from 2021 to 2027. Fantasy sport is played using internet where participants
Hammock Market Size Is Projected Reach $639.8 Million By 2030, Registering At A …
Surge in hiking and adventure tourism, rise in demand from residential segment, and expansion of hospitality industry drive the growth of the global hammock market. North America contributed to the highest share in terms of revenue in 2020. The outbreak of the COVID-19 pandemic has resulted in transition of consumers toward online sales channels to purchase campaigning gear products including hammocks. According to the report published by Allied Market Research, the
Cotton Personal-Care Product Market 2021: Top Factors That Are Leading The Deman …
A lead analyst at AMR highlighted the market across Europe region is expected to dominate in terms of revenues throughout the forecast period. Allied Market Research published a research report on the Cotton personal-care product market. The findings of the report states that the global market for Cotton personal-care product is expected to reach $19.15 billion by 2028, manifesting a CAGR of 4.6% from 2020 to 2028. The report provides valuable
Global Football Sportswear Market Growing Trade Among Emerging Economies Opening …
As per the report published by Allied Market Research, the global football sportswear market is estimated to reach $114.41 billion by 2027, growing at a CAGR of 5.3% from 2021 to 2027. The report highlights market characteristics, market potential, and growth by segmentation, and competitive landscape. Rise in sportswomen, surge in participation in football, and development in sportswear drive the growth of the global football sportswear market. Access Full Summary: Chinese companies

All 5 Releases

More Releases for Consumer

Consumer Goods & Retailing Consumer Services Reports
Nail Care A market study based on the " Nail Care Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Nail Care Market 2017’. The research report analyses the historical as well as present performance of the worldwide Nail Care industry, and makes predictions on the future status of Nail Care market on the basis of this analysis. Get Free Sample Copy of Report Here
Consumer Electronics in Japan
Summary Consumer electronics saw annual retail volume decline throughout the review period. This was linked to consumers’ economic uncertainty, population decline and an ongoing shift towards smartphones as an all-in-one device. Smartphones are increasingly used to go online, communicate, play media, capture images and read e-books, with many consumers thus ceasing to buy a wide range of consumer electronics. 2016 however saw the softest retail volume decline of the review period,
Consumer Electronics in France
Summary After five consecutive years of volume sales decline, French consumer electronics grew again in both volume and value terms in 2016. OLED TVs and smart wearables were the fastest-growing areas of the market. Compared to previous years, the market’s overall average price level was up as a result of the euro exchange rate and consumers switching to premium for some equipment. Get Sample Report @ Euromonitor International’s Consumer Electronics in France
Consumer Electronics in Russia
Summary After the collapse of retail volume sales of consumer electronics in 2015, the negative trend continued in 2016. Although prices of oil were partly restored, business investments and the real income of Russians continued to decline, making a fast recovery of Russia’s economy questionable. As a result, consumers in Russia became very cautious when making their purchasing decisions. Despite the strong overall decline in retail volume sales, the performances of
Consumer Health in France
Summary Consumer health posted dynamic growth in 2016. The market saw a better performance in this year compared with the CAGR registered over the review period. Consumers maintained their regular consumption of non-prescription medicines. Analgesics were regularly used to treat different types of pain, whilst cough, cold and allergy (hay fever) remedies were purchased to treat symptoms which are common during wet and rainy weather. Also, more consumers purchased vitamins and
Consumer Electronics in Argentina
Summary Consumer electronics recorded a marginal drop in volume sales during 2016 due to the complicated socioeconomic context in Argentina. The local economy experienced constant challenges during 2016, within a complex international landscape and with an economic and political transition cycle at a local level. The redefinition of the exchange rate and changes in commercial, tax and subsidy policy gave place to changes on the pricing scheme and companies’ investment conditions.