Solid Shoe Polish Project Report

Description

If you are interested in understanding the business of manufacturing solid shoe polish, you can get the project report from the website.

Shoe polish is a chemical preparation that comes in a waxy paste, cream, or liquid and is used to polish and shine leather shoes to improve their appearance and longevity. Shoe polish adds a waxy covering to leather shoes that shine and protects them against water, moisture, and hardness. Foreign contaminants lead to the quick deterioration of leather quality, lowering total shoe quality.

Shoe or Boot Polish is a waxy paste or cream with a semi-solid consistency that is used to restore, maintain, and improve the appearance of leather shoes by making them lustrous and waterproof. The texture of these Shoe Polishes can range from liquid to hard solids. Solvents, waxes, and colourants are the main components of a Shoe Polish formula. The final product’s texture is determined by the composition of the solvent and wax and their ratio.

The waterproof protection provided by the wax and oil-based shoe polish prevents stains, grease, dirt, and other contaminants from becoming embedded in the shoes’ leather. Shoe polish is now made with colours, turpentine, naphtha, gum Arabic, and a blend of natural and synthetic components. Shoe polish keeps leather from collecting water, makes it easier to clean, hides scuff marks, and gives it elasticity.

Hard Wax-based Shoe Polish, Creamy liquid emulsion Shoe Polish, and Liquid Shoe Polish are the three shoe polishes classified based on texture. Waxes, organic solvents, and deep hues, primarily black, make up the hard-wax-based Shoe Polish. Waxes make up nearly 20% to 40% of the final product.

Why buy a project report of solid shoe polish?

A project report of solid shoe polish manufacturing plant is necessary for the following reasons.

1. Helps the investor to make an investment decision in the solid shoe polish  manufacturing business.
2. Makes the entrepreneur aware of the various aspects of the solid shoe polish business.
3. Helps in understanding the solid shoe polish manufacturing process.
4. Serves as a sample report to prepare project reports for other purposes.

Market Research & Business Plan

You need to understand the potential opportunities in the market for solid shoe polish before preparing the business plan report for the project.

Shoe polish is now often prepared with a combination of natural and synthetic components, such as naphtha, turpentine, colours, and gum arabic. It is produced using a simple chemical engineering method. Shoe polish is poisonous and can discolour skin if mishandled. Due to factors such as increasing demand for formal shoes among working women and growing internet retailing, the global shoe care market is expected to grow at a CAGR of 4.2 per cent during the forecast period, reaching US$ 6,097 million by 2025, up from US$ 4,389 million in 2017.

The primary drivers for the global shoe polish market are rising shoe sales and increased usage of shoes by professionals, particularly sports footwear, resulting from growing health concerns among consumers worldwide. In addition, rising demand for liquid spray shoe polish and boot polish, as well as burgeoning online sales and e-commerce, have boosted the worldwide shoe polish industry. However, the expansion of the shoe polish market is being hampered by the availability of false replicas of shoe polish products and growing demand among consumers for complete shoe care solutions.

Shoe polish also contains harmful substances absorbed via the skin or inhaled, impacting the worldwide shoe polish industry. Although many shoe polish producers claim their products are non-toxic, many do not specify their components, which causes anxiety among customers. Major brands are now experimenting with new approaches to selling their products to consumers and actively investing in marketing campaigns, particularly television commercials. The shoe polish business has grown highly competitive due to the introduction of numerous local sellers.

Usage

Shoe polish is a product used to polish, shine, soften, and waterproof shoes to last longer and look better. Shoe polish comes in three forms: paste, cream, and liquid. Wax, mineral oils, collagen, and a few more ingredients are used to make them.

A rag, cloth, or brush is used to apply a shoe polish to the shoe. Shoe polish is not a cleaning product, so make sure your shoes are clean and dry before applying them. A vigorous rubbing motion to evenly put the polish on the boot, followed by buffing with a clean, dry cloth or brush, usually yields satisfactory results. Spit-polishing or bull-polishing is another method that involves gently rubbing polish into the leather with a towel and a drop of water or spit. This produces a high-gloss, mirror-like surface known as a spit shine, highly prized in military organisations.

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Raw Material Required

1. Carnauba wax
2. Beeswax
3. Paraffin hard
4. Tarpin oil
5. Rosin
6. Colour (Black/Brown) as per need

Manufacturing Process

You can get details of the solid shoe polish manufacturing process and machinery from the project report. You can download the project report in PDF format on payment of nominal cost. The steps in the manufacturing process for Solid Shoe Polish preparation are as follows:

1. The solid wax is melted in a heating kettle as the first step in manufacturing. If a combination of waxes is being utilised, this is followed by adding other waxes to the melted wax. The addition is done so that the one with the lowest melting point comes first.
2. The mixture of oils and fats is created in a jacketed reactor vessel at 85 – 90 °C while the wax is melting. The wax mixture is then added to the hot oils. For proper mixing, the temperature of the wax mixture must be close to the temperature of the oil mixture. In specific formulas, distilled water is added to the combination, while in others, it is not.
3. Lower the temperature of the reaction mixture to 80 °C, then add the turpentine oil. Any other volatile solvent, such as n-Nonane, can be used in its place. For roughly half an hour, the mixture is agitated continuously.
4. The dyes must be dissolved in a solvent in a separate vessel and added to the reaction mixture.
5. The temperature of the mixed mass is gradually reduced, and its viscosity gradually increases before it is put into a cooling chamber through a closed funnel. Allowing the spilt material to settle slowly ensures consistent distribution.
6. The shoe polishes are then packed in compact tin canisters that are clearly labelled and easy to access. The filled shoe polish tins are then transferred to the warehouse in cardboard boxes until dispatched.

Points included in the project report of solid shoe polish manufacturing

The project report of solid shoe polish manufacturing consists of the following topics.

Market Outlook

New prospects for shoe polishing producers are being created by rising sales of leather shoes and boots and innovative shoe materials resistant to oil, water, chemicals, filth, and other factors. In addition, rising demand for liquid polish in metropolitan areas is likely to propel the entire shoe polish industry forward.

Changing fashion trends and using several shoes for different situations drive up shoe sales worldwide and demand shoe polish. Professionals’ increasing use of formal shoes is propelling the worldwide shoe polish industry.

The worldwide shoe polish industry is growing due to the rising demand for moisturisers and conditioners for sparkling non-leather-based shoes. The worldwide shoe polish industry is driven by the increasing demand for liquid spray shoe polish for leather and synthetic materials-based shoes. Customers now have more options for shoe polish products, mainly imported ones, thanks to e-commerce, which is propelling the sector forward. During the forecast period 2017-2023, the market is expected to rise due to the rising demand for boot polish.

In the projected period of 2019-2025, the global Shoe polish market is expected to develop at a CAGR of 2.75 per cent. One aspect that may boost the market is the growing population’s demand for formal shoes at offices and formal events. Increased awareness of current fashion trends in the industry and the convenience of online e-commerce sites’ home delivery choices are two aspects that could move the market forward. The availability of shoe polishes in various colours to match shoes with outfits and their packaging in a convenient bottle that can quickly apply to the shoes are all elements that contribute to the market demand being higher.

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Market Potential

Along with this, some areas always require Shoe Polishes, such as students in schools and colleges, especially where uniforms are required, different corporate offices, the defence line, where soldiers are required to wear boots, and for various special occasions like weddings, formal parties, and so on.

The market is divided into product, sales channel, and geography. The market is divided into three segments based on product type: shoe care, shoe clean, and accessories. Over the projection period, the shoe care sector is predict6-ed to account for the largest market share among all product types, followed by shoe clean. In value terms, the shoe care segment is predicted to rise at a CAGR of 4.3 per cent over the forecast period. Over the forecast period, the worldwide shoe care market is expected to grow at a CAGR of 3.7 per cent for shoe care accessories.

The constant growth of the footwear market and increasing desire for advanced comfort around the globe due to expanding innovation in shoes and swiftly changing consumer demand patterns are the factors driving demand for the global shoe care market.

Increased internet retailing and rising demand for athletic footwear are the main driving forces behind the worldwide shoe care market. This is due to growing consumer health concerns around the world. Increased fashion awareness among customers worldwide, increasing technical innovation in shoes, and increasing desire for casual shoes are the primary factors driving the shoe care industry. Other key drivers causing the worldwide shoe care market include a significant increase in the pace of innovation/R&D and the growing importance of orthopaedic shoes due to the rise in demand for shoe care products for medical shoes.

Shoe Polish Industry In India

In India, the shoe polish industry is modest, worth roughly Rs. 110 crores. It is primarily concentrated in urban India, accounting for approximately 70% of total sales. Harsh wax polish has the largest market share (about 70%), but it is declining as liquid polish gains popularity due to its convenience to customers.

The shoe polish industry’s stagnation was a worldwide phenomenon. Although the sector is sluggish, expanding in India, its price sensitivity allows manufacturers to profit. While a minor five-paisa rise in the price of bread immediately impacted all users, any increase in the price of shoe polish went unreported. The manufacturers are well aware that they are operating in an inelastic price zone and can raise prices at any time.

Shoe polish is used to enhance and restore the appearance of leather and footwear. Shoe polish is not only for shoes; it can also be used on any leather material, including bags. Shoe polish is one of the most frequently purchased consumer commodities, indicating that consumers buy it regularly.

Shoe polish is the most used form of polish in India. The need for shoe polish has expanded as working professionals and students have increased. The gradual replacement of formal footwear by sports shoes and other everyday footwear goods has had a detrimental impact on the demand for shoe polishes. For convenience, consumers prefer alternative, low-maintenance shoes.

Conclusion

Shoe polish commonly used for shinning purposes consists of solvent and waxes available in many colours like black, brown, transparent, etc. These days liquid polishes are also available in the form of an emulsion. Now there are small-scale sectors engaged in manufacturing shoe polish shows that its demand is increasing rapidly. Therefore any news businessman can invest in this business. You will get acquainted with various aspects of the solid shoe polish business by paying a small fee and downloading the project report in PDF format. This small investment will be beneficial for you.

FAQ’s