SEARCH   
MEMBER LOGIN    
Forgot Password?

Shoe & Footwear Manufacturing in the US: Market Research Report

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

Shoe & Footwear Manufacturing Market Research Report | NAICS 31621 | Jul 2016

Stepping down: Import penetration will stifle demand, forcing operators to change strategies

IBISWorld’s Shoe & Footwear Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
-2.7%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
10,416
Businesses
890
Industry Threats & Opportunities
  • Industry revenue growth possibilities are up in the air until the Berry Amendment is passed or shut down
  • Increased import competition and falling exports have dragged down industry revenue
  • Outsourcing to low-cost countries will continue to adversely affect revenue
  • ... purchase to read more

Industry Analysis & Industry Trends

Following a postrecessionary revenue boost, the Shoe and Footwear Manufacturing industry has resumed its historic decline. While industry revenue displayed moderate volatility, IBISWorld expects the industry to resume its downward trajectory over the five years to 2016. Over the five years to 2021, two of the most significant indutry-relevant developments will be the implementation of the Trans-Pacific Partnership (TPP) and the application of the Berry Amendment to this industry. A by-product of the implementation of the TPP will be the opening up of the industry to competition from imports sourced from Vietnam, which is the second-largest exporter of shoes to the United States... ... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Shoe and Footwear Manufacturing industry in the United States has a low-to-moderate level of concentration. The two largest players, New Balance and Allen Edmonds, are estimated to account for an estimated 35.3% of industry revenue. This low-to-moderate concentration reflects a fragmented market that has a mix of a few large companies and many small industry operators specializing in higher valued-added footwear. The largest global footwear companies, such as Nike and Adidas, manufacture nearly all of their products outside of the country. This practice has increased over the past few years as large manufacturers discontinue production in the United States, instead focusing domestic activities on design and wholesale of footwear.

.. ... purchase to read more

Additional Insights for the Shoe & Footwear Manufacturing Industry

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

  • Establishment of brand names
  • Economies of scope
  • Ability to alter goods and services produced in favor of market conditions
  • IBISWorld analysts also discuss how external factors such as Trade-weighted index and Import penetration into the manufacturing sector in the Shoe & Footwear Manufacturing industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Shoe & Footwear Manufacturing Industry?

    This industry manufactures footwear for men, women and children. They may manufacture rubber and plastic footwear, protective footwear, house slippers and slipper socks. Operators also manufacture men’s or women’s footwear designed for casual, formal and work environments. These products also include men’s or women’s shoes with rubber or plastic soles and leather or vinyl uppers.

    Industry Products
    Men's footwear (except athletic) Rubber and plastic footwear including athletic footwearWomen's footwear (except athletic)Other footwear
     
    Industry Activities
    Rubber and plastic footwearHouse slipper Athletic shoesBallet slipperCleated athletic shoes


    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
  • Trade-weighted index
  • Import penetration into the manufacturing sector
  • Per capita disposable income
  • Demand from footwear wholesaling
  • World price of rubber
  • Current Performance
  • Import penetration and profitability
  • No shoes, no jobs
  • Bad news for exports
  • Chart: Revenue Growth
  • Industry Outlook
  • TPP and its consequences
  • Potential opportunities
  • Table: Shoe & Footwear Manufacturing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Shoe & Footwear Manufacturing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Footwear Wholesaling
  • Shoe Stores
  • Sporting Goods Stores
  • Department Stores
  • Warehouse Clubs & Supercenters
  • Key Selling Industries
  • Cardboard Box & Container Manufacturing
  • Leather Tanning & Finishing
  • Plastic Products Miscellaneous Manufacturing
  • Rubber Product Manufacturing
  • Synthetic Fiber Manufacturing
  • Products & Services
  • Men's footwear (except athletic)
  • Rubber and plastic footwear including athletic footwear
  • Women's footwear (except athletic)
  • Other footwear
  • Chart: Shoe & Footwear Manufacturing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Footwear wholesalers
  • Exports
  • Footwear retailers
  • Manufacturers' sales outlets
  • Chart: Major Market Segmentation for the Shoe & Footwear Manufacturing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages and depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Shoe & Footwear Manufacturing
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Shoe & Footwear Manufacturing Industry
  • Industry Globalization
    Major Companies
    New Balance
    Allen Edmonds Corp.
  • Table: New Balance - financial performance
  • Table: Allen Edmonds Corp. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Shoe & 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
    Key Statistics
  • Table: Industry Data for the Shoe & Footwear Manufacturing Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • trade-weighted index (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    North American Free Trade Agreement (Nafta)
  • A generally duty-free agreement signed by the governments of Canada, Mexico and the United States, creating a trilateral trade bloc in North America.
  • 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
  • Subcontracting process where manufacturing is conducted by a third party company either locally or internationally.

  • 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 & 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 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 & 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 Shoe & Footwear Manufacturing, 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