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The Shoe and Footwear Manufacturing industry is experiencing notable trends amid changing consumer behavior and global economic shifts. Over recent years, the industry has contended with challenges like price sensitivity among consumers, increased competition from imports, the imposition of new tariffs and a shift towards athleisure and casual footwear. Industry revenue has dropped at a CAGR of 6.3% over the past five years and is expected to total $1.4 billion in 2025, when revenue will strengthen by an estimated 1.2%.
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IBISWorld's research coverage on the Shoe & Footwear Manufacturing industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released December 2025.
The Shoe & Footwear Manufacturing industry in the United States operates under the NAICS industry code 31621. The shoe and footwear manufacturing industry produces a wide range of products for men, women and children. These include rubber and plastic footwear, protective shoes, house slippers and slipper socks. In addition, manufacturers create footwear tailored for casual, formal and work settings. These products often feature rubber or plastic soles paired with leather or vinyl uppers, catering to diverse consumer needs while maintaining a variety of functional and stylistic attributes. Related terms covered in the Shoe & Footwear Manufacturing industry in the United States include outsourcing, north american free trade agreement (nafta) and offshoring.
Products and services covered in Shoe & Footwear Manufacturing industry in the United States include Men's footwear (except athletic) , Rubber and plastic footwear including athletic footwear and Women's footwear (except athletic).
Companies covered in the Shoe & Footwear Manufacturing industry in the United States include New Balance Athletics, Inc., Rocky Brands, Inc. and Allen Edmonds Shoe Corp.
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 the United States.
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.
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 the United States.
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.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Shoe & Footwear Manufacturing industry in the United States.
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.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Shoe & Footwear Manufacturing industry in the United States. 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.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Shoe & Footwear Manufacturing industry in the United States. 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.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Shoe & Footwear Manufacturing industry in the United States. 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.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Shoe & Footwear Manufacturing industry in the United States. 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.
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 the United States.
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The market size of the Shoe & Footwear Manufacturing industry in the United States is $1.4bn in 2026.
There are 998 businesses in the Shoe & Footwear Manufacturing industry in the United States, which has grown at a CAGR of 2.5 % between 2020 and 2025.
The Shoe & Footwear Manufacturing industry in the United States is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.
The Shoe & Footwear Manufacturing industry in the United States is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.
The market size of the Shoe & Footwear Manufacturing industry in the United States has been declining at a CAGR of 6.3 % between 2020 and 2025.
Over the next five years, the Shoe & Footwear Manufacturing industry in the United States is expected to grow.
The biggest companies operating in the Shoe & Footwear Manufacturing industry in the United States are New Balance Athletics, Inc., Rocky Brands, Inc. and Allen Edmonds Shoe Corp
Manufacturing rubber and plastic footwear and Manufacturing men's footwear are part of the Shoe & Footwear Manufacturing industry in the United States.
The company holding the most market share in the Shoe & Footwear Manufacturing industry in the United States is New Balance Athletics, Inc..
The level of competition is high and increasing in the Shoe & Footwear Manufacturing industry in the United States.