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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 | Apr 2014

Walking small: As consumer sentiment rises, purchases of new shoes will overtake repairs of old ones

IBISWorld’s Shoe Repair market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$310m
Annual Growth 09-14
-1.5%
Annual Growth 14-19
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Profit
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Employment
5,843
Businesses
4,368
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 Key Buyers Chapter

Industry concentration measures the extent to which large players dominate an industry. This industry is highly fragmented and does not have any major operators. The average revenue per company in this industry is about $70,902, or 0.02% of industry revenue. Additionally, most operators in the Shoe Repair industry are nonemployers, meaning that the owner is the sole employee. Of the estimated 4,368 shoe repair enterprises in the United States about 3,451 (or 79.0%) are nonemploying. The majority of shoe repair companies serve their local communities, with very few companies operating more than one establishment. As a result, the Shoe Repair industry has a very low level of market share concentration... 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 retail leather goods and also provide repair services are not included in this industry; these retailers are included in the Handbag, Luggage and Accessory Stores industry (IBISWorld report 44833).

Industry Products
Bag and luggage repairFull resolingHeel repairShoe upper repairMerchandise salesLeather garment repair
 
Industry Activities
Boot and shoe repairLuggage and bag repairHarness and saddlery repairLeather goods repair


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