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Shoe Repair in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Shoe Repair Market Research Report | NAICS 81143 | May 2016

Awl of it: Operators will expand services amidst fast-fashion trends

The Shoe Repair market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$353m
Annual Growth 11-16
1.6%
Annual Growth 16-21
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Profit
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Employment
5,909
Businesses
4,239
Industry Analysis & Industry Trends

The Shoe Repair industry is composed of companie that repair footwear and other leather-like goods. In the past five years, rising employment levels and a growing niche market for price-premium shoes have translated to rebounding revenue growth. However, the continued rise of fast-fashion retailers and low-cost shoes has hurt demand for industy services. Looking forward, similar trends will threaten the industry; nonetheless, shoe repair operators will increasingly offer niche services to boost revenue and improve returns... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2016, demand for the Shoe Repair industry has slowly increased, due to a boost in US employment and a slight increase in the price of shoes. As shoe prices increase, consumers are less likely to buy new footwear and more likely to repair items that they already own, which supports revenue growth. Furthermore, consumers are most likely to demand shoe repair services when the employment rate is high; consumers typically repair luxury-brand footwear, which is primarily worn in office settings. Due to positive trends in these two drivers, industry demand increased at an annualized rate of 1.6% over the five-year period, totaling $352.6 million... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Shoe Repair Industry?

Companies in this industry repair footwear and other leather or leather-like goods such as handbags, briefcases and saddlery. Companies that also retail such goods are included as part of the Handbag, Luggage and Accessory Stores industry (IBISWorld report 44833).

Industry Products
Full resolingHeel repairShoe upper repairMerchandise sales
 
Industry Activities
Boot and shoe repairLuggage and bag repairHarness and saddlery repairLeather goods repair


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