The market for shoe cosmetics will grow by 1%
11.02.2011 6817

The market for shoe cosmetics will grow by 1%

The volume of the Russian market of shoe care products in 2010 amounted to about $ 200 million. The share of domestic manufacturers in the market does not exceed 15% and amounts to $ 30 million. These are the results of a study by the DICOVERY Research Group conducted in February of 2011.

Silver is the leader with a market share of 34% and sales of $ 68 million. This is a major Turkish manufacturer Cigir Kimya AS Salton brand is in second place. It occupies 13,6% of the market, and in value terms - $ 27,2 million. The well-known brands Kiwi and Salamander follow with shares of 10,7% and 8,5%, respectively.

Among Russian manufacturers, one can single out the Dividik brand (manufactured by Divi) - a market share of 6,45%; in 2010, products worth $ 12,9 million were manufactured and Twist (manufactured by Biogard) - a share of 6 %, as well as the company "Glyantsmaster", which produces the brands "Shtrikh" and "Effekton", its share was 1,5%.

According to DISCOVERY Research Group estimates, the volume of imports of shoe care products in Russia in 2009 amounted to 5370,6 thousand kg, and for 9 months of 2010 year - 3991,3 thousand kg. Thus, in the 2009 year, imports fell by 16%, and in the 9 months of the 2010 year, by 26%.

According to the Federal Customs Service, Russian shoe care product exports totaled 340,650 kg in 2009, and 210,900 kg in the first nine months of 2010. In the fall of 2010, companies stepped up their marketing and advertising efforts. According to forecasts from UPECO, a cosmetics distributor, the market volume reached $230-250 million in value terms by early 2011, with 120 million units shipped. Therefore, by the end of 2011, market growth is projected to be 3% in monetary terms and 1% in volume terms, compared to 2010.

The volume of the Russian market for shoe care products in 2010 amounted to about $ 200 million. The share of domestic manufacturers in the market does not exceed 15% and amounts to $ 30 million. These are the results ...
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