Industry Analysis & Industry Trends
The development of the Footwear Retailing industry in China has been influenced by substantial and steadily growing domestic demand for footwear, which is derived from China's large population and rising personal disposable income levels. The promotion of quality and variety of footwear products has also stimulated domestic demand in recent years.
Since the 1990s, Mainland China has become the largest manufacturing base for footwear in the world. Currently, China supplies over 60% of global footwear demand. Domestic manufacturers have gradually improved their manufacturing technologies and designing abilities. The quality and design of these products have been enhanced, and varieties increased, which has stimulated demand for new footwear products.... purchase to read more
Industry Report - Industry Locations Chapter
Activity in the Footwear Retailing industry in China is concentrated in three provinces and municipalities: Shanghai, Guangdong province and Beijing, which account jointly for an estimated 31.0% of total industry revenue in 2011.
Shanghai
Shanghai is expected to contribute about 11.1% to industry revenue, with an estimated 7.9% of establishment numbers, and an estimated employment share of 9.2%. This reflects a relatively high level of economies of scale for footwear retailers within Shanghai.
Reasons for the high concentration in Shanghai include (1) large population - this region had a permanent population of 23.0 million in 2010 (Sixth National Census)... purchase to read more