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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Products Chapter

Full resoling

The largest share of this industry's revenue is derived from fully resoling shoes and boots; this service currently accounts for about 50.9% of industry revenue and has remained relatively stable as its share of the total. Generally, resoling is done with original parts supplied by the shoe's manufacturer (including the heel if applicable), but resoling service can also mean conversion: replacing one type of sole with another for increased comfort or performance. For example, many shoe repair shops can switch the heavy and stiff soles of dress shoes or boots with soft yet durable rubber or cork to provide the feel of athletic shoes. Similarly, golf or soccer cleats can be equipped with flat soles to increase their versatility... 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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