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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 2015

Walking along: A growing market for price-premium shoes have translated to rebounding industry growth

IBISWorld’s Shoe Repair market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$402m
Annual Growth 10-15
3.4%
Annual Growth 15-20
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Profit
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Employment
6,270
Businesses
4,444
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 2015, the Shoe Repair industry has partly countered its decades-long decline thanks to rebounding demand following the economic downturn. During the period, revenue is expected to grow 3.4% per year on average to $402.1 million. The industry experienced a turnaround year in 2011 as unemployment fell and consumers repaired their price-premium dress shoes to return to the workforce. Moreover, the price of shoes is on the rise encouraging consumers to repair shoes rather than replace them, bolstering revenue 3.3% over 2015. Nonetheless, consumer preferences have continued to gradually shift toward low-cost imported shoes and fast-fashion styles, reducing the number of consumers using industry services and limiting long-term growth... 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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