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CA NAICS 31621CA | Industry Report

Shoe & Footwear Manufacturing in Canada Industry Data and Analysis

CP
Christian Perdomo
Analyst New York, United States February 2026

The Shoe and Footwear Manufacturing industry in Canada remains on a downward path, with recent performance characterized by weak orders, shrinking capacity and steady competitive pressure from imports. Domestic producers are being squeezed between global brands with scale and price power on one side and rising labour and compliance costs at home on the other, leaving the sector struggling to convert Canada’s healthy consumer demand for footwear into activity on local factory floors. The result is an industry that’s still visible in niche segments but increasingly sidelined in the mass market, even as retailers expand assortments and online channels flourish.​ Industry revenue has dropped at a CAGR of 2.1% over the past five years and is expected to total $258.7 million in 2026, when revenue will strengthen by an estimated 2.9%.

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What's included in this industry analysis

IBISWorld's research coverage on the Shoe & Footwear Manufacturing industry in Canada includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released February 2026.

About this industry

What's this industry report about?

The Shoe & Footwear Manufacturing industry in Canada operates under the NAICS industry code 31621CA. The Shoe and Footwear Manufacturing industry in Canada manufactures footwear for adults and children. It involves the production of various types of footwear, including athletic, dress, casual and work shoes, as well as boots and sandals, using materials like leather, rubber and textiles. The industry focuses on designing, cutting, stitching and assembling footwear products. Related terms covered in the Shoe & Footwear Manufacturing industry in Canada include united states-mexico-canada agreement (usmca) , trans-pacific partnership (tpp), offshoring and outsourcing.

What's included in this industry?

Products and services covered in Shoe & Footwear Manufacturing industry in Canada include Boots, dress and casual shoes and sandals, Work and utility-type boots and shoes and Sports shoes.

What companies are included in this industry?

Companies covered in the Shoe & Footwear Manufacturing industry in Canada include Genfoot Inc.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Shoe & Footwear Manufacturing industry in Canada.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Shoe & Footwear Manufacturing industry in Canada.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Shoe & Footwear Manufacturing industry in Canada.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Shoe & Footwear Manufacturing industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Shoe & Footwear Manufacturing industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Shoe & Footwear Manufacturing industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Shoe & Footwear Manufacturing industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Shoe & Footwear Manufacturing industry in Canada.

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Frequently Asked Questions

What is the market size of the Shoe & Footwear Manufacturing industry in Canada in 2026?

The market size of the Shoe & Footwear Manufacturing industry in Canada is $258.7m in 2026.

How many businesses are there in the Shoe & Footwear Manufacturing industry in Canada in 2026?

There are 95 businesses in the Shoe & Footwear Manufacturing industry in Canada, which has declined at a CAGR of 1.8 % between 2021 and 2026.

How may import tariffs affect the Shoe & Footwear Manufacturing industry in Canada?

The Shoe & Footwear Manufacturing industry in Canada is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.

How may export tariffs affect the Shoe & Footwear Manufacturing industry in Canada?

The Shoe & Footwear Manufacturing industry in Canada is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.

Has the Shoe & Footwear Manufacturing industry in Canada grown or declined over the past 5 years?

The market size of the Shoe & Footwear Manufacturing industry in Canada has been declining at a CAGR of 2.1 % between 2021 and 2026.

What is the forecast growth of the Shoe & Footwear Manufacturing industry in Canada over the next 5 years?

Over the next five years, the Shoe & Footwear Manufacturing industry in Canada is expected to decline.

What are the biggest companies in the Shoe & Footwear Manufacturing industry in Canada?

The biggest company operating in the Shoe & Footwear Manufacturing industry in Canada is Genfoot Inc.

What does the Shoe & Footwear Manufacturing industry in Canada include?

Manufacturing boots, sandals, dress and casual shoes and Manufacturing work and utility-type boots and shoes are part of the Shoe & Footwear Manufacturing industry in Canada.

Which companies have the highest market share in the Shoe & Footwear Manufacturing industry in Canada?

The company holding the most market share in the Shoe & Footwear Manufacturing industry in Canada is Genfoot Inc..

How competitive is the Shoe & Footwear Manufacturing industry in Canada?

The level of competition is high and steady in the Shoe & Footwear Manufacturing industry in Canada.

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