Industry Analysis & Industry Trends
The Shoe and Footwear Manufacturing industry has fought to climb out of the recession after incurring devastating losses in 2009. While revenue growth has remained volatile, IBISWorld expects the industry to continue on a positive trajectory over the five years to 2015. Revenue is expected to grow over the period as a whole. However, IBISWorld expects industry revenue to decline over the five years to 2020. The increasing value of imports and a significant decrease in exports will fuel this decline... purchase to read more
Industry Report - Industry Locations Chapter
Footwear manufacturers that locate in the New England region of the country greatly benefit from economies of scale. While only 12.6% of establishments set up shop here, they bring in 19.4% of total industry revenue. This disparity signifies the region's proximity to international trade ports and access to low-cost inputs. Similarly, footwear factories established in the Great Lakes region can take advantage of scale economies - the area holds only 9.0% of all locations, but brings in 16.6% of revenue. Chicago has historically been a hub for transportation around the country, so manufacturers that set up shop in the state benefit from low transportation costs.
On the other hand, the manufacturers in the West incur higher costs on average... purchase to read more