China has long been the largest global footwear manufacturer, supplying products to countries all over the world. However, in recent years, fierce international competition and manufacturing being transferred to Southeast Asia has challenges the industry.Over the five years to 2017, industry revenue grew about 0.8% per year. In 2017, revenue was estimated to decrease 1.0% to $104.7 billion. The largest product segment of the industry is leather shoes. The output of leather shoes declined by 1% in 2016 from 2015. Exports are expected to increase by 2.9% in 2017 and exports as a share of industry revenue are estimated at 47.1%. Competing imports make up a much smaller proportion of the industry, accounting for 6.1% of domestic demand...purchase to read more.

Industry Statistics & Market Size
Revenue
$105bn
Annual Growth 12-17
0.8%
Forecast Growth 17-22
Profit
Employment
2.6m
Businesses
14,339

Industry Report - Industry Analysis Chapter

The Footwear Manufacturing industry in China experienced volatility growth over the five years through 2017, mainly driven by the expanding domestic market and strong exports. Rising household incomes, population growth, and continued urbanization shaped a larger domestic market, while low-priced and abundant labor make footwear produced in China very competitive in international markets.RevenueIn the five years through 2017, industry revenue has been rising at an annualized rate of 0.8%. The expanding high-end domestic market is main drivers of growth; domestic demand has been growing at an annualized rate of 2.0% in the five years through 2017. China's domestic market is mainly satisfied by domestic production with imports accounting for just 6.1% o...purchase to read more.

Additional Insights for the Footwear Manufacturing Industry

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

  • Proximity to transport
  • Establishment of brand names
  • Recommendation/accreditation from authoritative source
  • IBISWorld analysts also discuss how external factors such as Household Disposable Income and Import Taxes (Duties) in the Footwear Manufacturing industry impact industry performance..

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    What's in this report

    What is the Footwear Manufacturing Industry?

    The Footwear Manufacturing industry in China manufactures leather shoes, plastic shoes, rubber shoes, plastic shoes and footwear components. The industry's products are then sold to wholesalers and retailers, and resold to final consumers.

    Industry Products
  • Leather shoes
  • Rubber shoes
  • Textile shoes
  • Plastic shoes
  • Industry Activities
  • Dress shoe
  • Casual shoe
  • Boot
  • Safety shoe
  • Sandal
  • Slipper
  • Footwear component
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Household Disposable Income
  • Import Taxes (Duties)
  • Exchange Rates - Renminbi per $US
  • Foreign Investment
  • Population Growth - China

  • Current Performance
    RevenueDomestic demandEstablishments and employmentExports and imports
  • Chart: Revenue Growth

  • Industry Outlook
    Exports and importsOther trends
  • Table: Footwear Manufacturing Industry Revenue Outlook

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

  • Supply Chains
    Key Buying Industries
  • Department Stores & Shopping Malls
  • Supermarkets
  • Shoe Stores
  • Online Shopping

  • Key Selling Industries
  • Basic Plastics and Synthetic Resin Manufacturing
  • Cotton Fabric and Yarn Manufacturing

  • Products & Services
  • Leather shoes
  • Rubber shoes
  • Textile shoes
  • Plastic shoes
  • Chart: Footwear Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Household disposable income
  • Population growth
  • Advertising and marketing
  • Fashion trends
  • Trade issues

  • Major Markets
  • Export markets
  • Footwear wholesalers
  • Specialty stores
  • Department stores
  • Other markets
  • Chart: Major Market Segmentation for the 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 Footwear Manufacturing

  • Basis of Competition
  • Export channels
  • Price
  • Quality
  • Branding

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Footwear Manufacturing Industry

  • Industry Globalization
    Belle International Holdings Limited, Yue Yuen Industrial (Holdings) Limited, Daphne International Holdings Limited, Zhejiang Aokang Shoes Co. Ltd., Red Dragonfly,
  • Table: Belle International Holdings Limited - financial performance
  • Table: Yue Yuen Industrial (Holdings) Limited - financial performance
  • Table: Daphne International Holdings Limited - financial performance
  • Table: Zhejiang Aokang Shoes Co. Ltd. - financial performance
  • Table: Red Dragonfly - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the 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 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)
  • Total Assets (2008-2022)
  • Footwear Output (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Leather Shoes
  • Made mostly or entirely of leather.
  • Original Equipment Manufacturer (Oem)
  • A company that manufactures products or components that are purchased by a company and retailed under the purchasing company's brand name.
  • Plastic Shoes
  • Mainly refers to slippers and sandals made from a variety of plastics.
  • Rubber Shoes
  • Shoe soles and uppers are made of rubber.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Footwear Manufacturing 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.

    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 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 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 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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