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Footwear Manufacturing in the US
IBISWorld, May 2009, Pages: 40
This industry comprises establishments primarily engaged in manufacturing footwear (except orthopedic extension footwear). This includes footwear for men, women and children including the categories of protective footwear and rubber, plastic and fabric products. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
Hoping to get a shoe in the doorway
Location, location, location seems to be the catch cry for this industry, and the US simply isnt the place to manufacture shoes. Import penetration is the major cause of its declining revenue as imports satisfy a massive majority of domestic demand. Manufacturers have moved to Asia where labor costs are much cheaper, with labor being the major cost factor in footwear production.
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