SEARCH   
MEMBER LOGIN    
Forgot Password?

Shoe Repair in the US: Market Research Report

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

Shoe Repair Market Research Report | NAICS 81143 | Apr 2017

Awl of it: Operators will expand services amidst fast-fashion trends

IBISWorld’s Shoe Repair 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$383m
Annual Growth 12-17
2.0%
Annual Growth 17-22
Annual Growth
Profit
Profit
Employment
6,142
Businesses
4,382
Industry Threats & Opportunities
  • Operators will increasingly offer price-premium services that complement new shoes
  • Consumer demand rose due to falling unemployment rates
  • Increased availability of low-cost imported shoes has led to industry decline
  • ... purchase to read more

Industry Analysis & Industry Trends

The Shoe Repair industry is composed of companies that repair footwear and other leather-like goods. In the past five years, rising employment levels and a growing niche market for price-premium shoes have translated to rebounding revenue growth. However, the continued rise of fast-fashion retailers and low-cost shoes has hurt demand for industy services. Moving forward, similar trends will threaten the industry; nonetheless, shoe repair operators will increasingly offer niche services to boost revenue and improve returns... ... purchase to read more

Industry Report - Industry Investment Chapter

The Shoe Repair industry has a low level of capital intensity. IBISWorld estimates that in 2017, industry operators will spend $0.05 on capital for every dollar spent on wages. Cobblers are skilled workers, who respond to specific customer needs by working on shoes individually and by hand. Machines are not integrated into this industry because cobblers do not mass produce a uniform product, making capital intensity relatively low. Moreover, nonemployers and employers with less than four employees account for the overwhelming majority of industry operators. These small operations require each worker maintains a wide scope of responsibilities, making the industry's investments in labor considerably greater than its investments in capital. Cap.. ... purchase to read more

Additional Insights for the Shoe Repair Industry

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

  • Accessibility to consumers
  • Qualified work force
  • Having a loyal customer base
  • IBISWorld analysts also discuss how external factors such as Import penetration into the manufacturing sector and Households earning more than $100,000 in the Shoe Repair industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Shoe Repair Industry?

    Companies in this industry repair footwear and other leather or leather-like goods such as handbags, briefcases and saddlery. Companies that also retail such goods are included as part of the Handbag, Luggage and Accessory Stores industry (IBISWorld report 44833).

    Industry Products
    Shoe repair servicesAll other repair and servicesMerchandise sales
     
    Industry Activities
    Boot and shoe repairLuggage and bag repairHarness and saddlery repairLeather goods repair


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Import penetration into the manufacturing sector
  • Households earning more than $100,000
  • Price of shoes
  • National unemployment rate
  • Current Performance
  • Increasing imports, faster fashion
  • Unemployment and demographic changes
  • Mail-in competition
  • Chart: Revenue Growth
  • Industry Outlook
  • Imported shoes on the rise
  • Profit
  • Table: Shoe Repair Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Shoe Repair Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Shoe Stores
  • Department Stores
  • Consumers
  • Key Selling Industries
  • Leather Good & Luggage Manufacturing
  • Leather Tanning & Finishing
  • Rubber Product Manufacturing
  • Shoe & Footwear Manufacturing
  • Products & Services
  • Shoe repair services
  • All other repair and services
  • Merchandise sales
  • Chart: Shoe Repair Industry Products and Services Segmentation
  • Demand Determinants
  • Price and quality of new footwear
  • Footwear styles
  • Consumer confidence and unemployment
  • Major Markets
  • Highest income quintile
  • Second-highest income quintile
  • Third-highest income quintile
  • Fourth-highest income quintile
  • Lowest income quintile
  • Chart: Major Market Segmentation for the Shoe Repair Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Shoe Repair
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Shoe Repair Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Shoe Repair Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Shoe Repair Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Price of shoes (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Fast Fashion
  • Moderately priced clothing collections that are based on the latest runway trends.
  • Outsource
  • To procure goods or services under contract with an outside supplier.
  • Resoling
  • The process of replacing the soles of shoes.
  • Sole Press
  • This piece of equipment is used to drive nails into shoes.

  • Why Buy this Report?
    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 Shoe Repair:
    • 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 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 Shoe Repair 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 Shoe Repair, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    View Sample
    Quote
    Select Clients
    Back to Top