Industry Analysis & Industry Trends
Because the Shoe Repair industry is generally countercyclical, business performed well during the recession as people opted to repair their shoes instead of buy new ones. This trend is expected to hold through 2014; however, as the economy continues to strengthen, consumers will return to buying new shoes, especially as the average price of shoes continues to decline. Fast-fashion trends and low-priced imports will also hamper demand for repairs. In response, shops will focus on high-income customers with high-end shoes... purchase to read more
Industry Report - Industry Locations Chapter
As with most service industries, the geographic distribution of Shoe Repair industry establishments and regions' contributions closely follows the geographic distribution of the population.
The Mid-Atlantic region contains the largest number of industry establishments, with 24.5% of the industry's locations. The region is the most densely populated in the nation, and contains a number of major metropolitan areas that provide large local markets for services like shoe repair. The Mid-Atlantic also has deep roots in traditional crafts like shoe repair, due to its history as one of the first settled regions in the nation.
The Southeast and west
The Southeast contains the largest share of the nation's population at 25.4%... purchase to read more