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Footwear Wholesaling in the US: Market Research Report

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

Footwear Wholesaling Market Research Report | NAICS 42434 | Oct 2014

Booted out: Cheap imports and increasing price competition will flatten growth

IBISWorld’s Footwear Wholesaling 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
$31bn
Annual Growth 09-14
1.6%
Annual Growth 14-19
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Profit
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Employment
27,410
Businesses
4,059
Industry Analysis & Industry Trends

Despite the economic recovery, the industry is not forecast to show signs of consistent improvement over the next five years. This is due to retailers' increasing price-setting powers pushing footwear wholesalers out of the industry. Furthermore, an increase in cheap imports will cut into domestic sales and wholesalers will be forced to slash prices and wages just to stay competitive, causing profit to suffer... purchase to read more

Industry Report - Industry Analysis Chapter

Footwear wholesalers dealt with a difficult operating environment during the recession. Retail spending in general, and footwear purchases specifically, plummeted in 2009 as consumers' purchasing power waned and unemployment soared. Americans spent more on necessary goods rather than additional pairs of shoes over the five-year period, causing Footwear Wholesaling industry revenue to drop. However, when economic indicators began to inch back up, so did purchases of shoes. In addition, a sustained, moderate increase in the price of shoes also helped preserve profit margins for industry operators and helped them drag themselves out of recessionary woes. IBISWorld expects this sustained increase in downstream demand to bolster the industry during the five years to 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Footwear Wholesaling Industry?

Operators in this industry wholesale footwear (including athletic shoes) made of leather, rubber and other materials. Businesses in this industry purchase shoes from manufacturers, and resell them to retailers with minimal or no further development or processing. Most wholesalers in this industry undertake sales and administrative activities, such as establishing relationships with manufacturers and retailers.

Industry Products
Athletic footwearInfants' footwearWomen's and girls' footwear (excluding athletic footwear)Men's and boys' footwear (excluding athletic footwear)Footwear and shoe accessories
 
Industry Activities
Wholesaling athletic shoesWholesaling boots (e.g. hiking and Western)Wholesaling leather stock and piecesWholesaling formal shoesWholesaling casual shoesWholesaling slippers


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