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Shoe & Footwear Manufacturing in the US: Market Research Report

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

Shoe & Footwear Manufacturing Market Research Report | NAICS 31621 | Sep 2014

Stepping down: Import penetration will stifle demand, forcing operators to change strategies

IBISWorld’s Shoe & Footwear Manufacturing 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
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
1.9%
Annual Growth 14-19
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Profit
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Employment
11,724
Businesses
803
Industry Analysis & Industry Trends

Shoe & Footwear Manufacturing Industry revenue has increased every year since 2010 and is expected to continue growing in 2014. The industry's recovery was aided by improving downstream demand, a slowdown in import penetration into the manufacturing sector and significant decreases in the price of rubber, which rose a staggeringly in 2011. Over this period, a tremendous increase in exports spurred revenue growth. New legislation is being proposed that could possibly benefit the industry greatly. IBISWorld expects industry revenue to decline over the five years to 2019. The increasing value of imports and a significant decrease in exports in the latter part of the five-year period will fuel this decline... purchase to read more

Industry Report - Starting a New Business Chapter

The industry has a medium level of entry barriers. Starting up a basic, small-scale footwear manufacturing operation does not require excessive capital investment, which keeps barriers relatively low. Despite this, there are high costs associated with establishing brand names and the competition from existing brands like Nike and Adidas. This also heightens the costs associated with advertising and maintaining brand awareness. It can also be costly to acquire capital equipment and machinery to manufacture footwear on a large scale... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Shoe & Footwear Manufacturing Industry?

This industry manufactures footwear for men, women and children. They may manufacture rubber and plastic footwear, protective footwear, house slippers and slipper socks. Operators also manufacture men's or women's footwear designed for casual, formal and work environments. These products also include men's or women's shoes with rubber or plastic soles and leather or vinyl uppers.

Industry Products
Men's footwear (except athletic) Rubber and plastic footwearWomen's footwear (except athletic)Other footwearHouse slippers
 
Industry Activities
Rubber and plastic footwearHouse slipper Athletic shoesBallet slipperCleated athletic shoes


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