SEARCH   
MEMBER LOGIN    

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

The Shoe & Footwear Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
1.9%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
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 - Industry SWOT Analysis Chapter

The US Shoe and Footwear Manufacturing industry is in decline, most notably defined by its diminishing contribution to the domestic economy (measured through industry value added). Over the 10 years to 2019, IBISWorld forecasts that industry value added (IVA) will decline at an average annual rate of 0.5%. Meanwhile, US gross domestic product (GDP) is anticipated to grow at an average rate of 2.5% per year. This consistent decline in IVA is the result of strong price competition from low-cost importers... 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


View Sample
Quote
Select Clients