Walking tall: Economic growth in developing nations will support demand for industry products

Operators in the Global Footwear Manufacturing industry have experienced relatively slow growth over the five years to 2017, relative to historic years. Improving economic conditions in the United States and European countries, along with economic growth from developing nations, sustained rising global footwear consumption. In the five years to 2022, the Global Footwear Manufacturing industry is forecast to perform better than it did over the past five years. Improving economic conditions in developed economies are expected to generate more demand for footwear, pushing revenue up...read more.

Industry Statistics & Market Size
Revenue
$251bn
Annual Growth 12-17
3.6%
Forecast Growth 17-22
Profit
Employment
5.4m
Businesses
63,722
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Improving economic conditions in developed economies are expected to generate more demand for footwear
  • China has been the center of footwear production during the past decade
  • Demand from developed and emerging economies will continue to grow, raising revenue
  • Industry Report - Industry Products Chapter

    Operators in the Global Footwear Manufacturing industry produce a wide range of shoes, ranging from men's, women's and children's shoes to protective footwear and slippers. Product mixes vary by region; manufacturers in China and Vietnam generate a higher share of revenue from the production of athletic shoes while those in European countries (e.g. Italy and France) have a higher share of women's leather shoes.Women's shoesWomen's shoes (including athletic footwear) make up the industry's largest product segment, with an estimated 53.0% of industry revenue in 2017. Improved economic conditions, particularly in the United States, have driven rising consumer demand for women's footwear over the period. Due...purchase to read more.

    Additional Insights for the Global Footwear Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Global Footwear Manufacturing Industry are

  • Establishment of brand names
  • Establishment of export markets
  • Economies of scope
  • IBISWorld analysts also discuss how external factors such as Global per capita income and GDP of the BRIC nations in the Global Footwear Manufacturing industry impact industry performance..

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    What's in this report

    What is the Global Footwear Manufacturing Industry?

    Industry operators manufacture a wide range of footwear for men, women and children. These companies manufacture rubber and plastic footwear; plastic or fabric uppers; and rubber and plastic protective footwear. Operators in this industry also manufacture house slippers and slipper socks. Operators may manufacture men's or women's footwear designed for dress, street or work.

    Industry Products
  • Men's footwear including athletic footwear
  • Women's footwear including athletic footwear
  • Children's footwear
  • Industry Activities
  • Women's footwear (except athletic)
  • Men's footwear (except athletic)
  • Athletic footwear
  • Rubber and plastic footwear
  • Children's shoes
  • Other footwear
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Global per capita income
  • GDP of the BRIC nations
  • Global consumer sentiment index
  • Global population

  • Current Performance
    Revenue growthIndustry structureInternational tradeInputs and profitability
  • Chart: Revenue Growth

  • Industry Outlook
    International tradeProfit, costs and competition
  • Table: Global Footwear Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Global Footwear Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Global Wholesale and Retail Trade
  • Global Wholesale Trade
  • Global Department Stores and General Merchandise Stores

  • Key Selling Industries
  • Global Agriculture, Hunting, Forestry and Fishing
  • Global Resin and Synthetic Rubber Manufacturing

  • Products & Services
  • Women's footwear including athletic footwear
  • Men's footwear including athletic footwear
  • Children's footwear
  • Chart: Global Footwear Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Domestic wholesalers
  • Domestic retailers
  • Other markets
  • Chart: Major Market Segmentation for the Global Footwear Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Global Footwear Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Global Footwear Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Global Footwear Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Global Footwear Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • GDP of the BRIC nations (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Bric Nations
  • An acronym referring to the nations of Brazil, Russia, India and China.
  • Dumping
  • A pricing policy especially evident in international trade, when a low-cost producer floods the market of the importing country with below-cost products, posing high competition for the home country.
  • Offshoring
  • The transfer of manufacturing operations to another country, regardless of whether the work is outsourced or stays within the same corporation or company.
  • Outsourcing
  • A subcontracting process where a third-party company conducts a company's manufacturing either locally or internationally.
  • What Our Customers Say

    Why buy this report?

    The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Footwear Manufacturing global 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 globally and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Global Footwear Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Global Footwear Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Global Footwear Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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