The Retail Market for Shoes in the US - Industry Market Research Report

Stepping Up: Rising Consumer Incomes and Spending Will Continue to Drive Shoe Demand

Increasing per capita disposable income and e-commerce sales have spurred growth for the Retail Market for Shoes over the five years to 2019. The rising price of industry products, coupled with increasing sales volumes, has driven revenue growth during the five-year period. Furthermore, the industry has benefited from a rise in the popularity of products spanning a wide range of price points. However, since shoes are widely considered to be discretionary products, the industry is significantly affected by consumer spending habits. Consumer spending has increased over the past five years, benefiting industry operators. Overall, industry revenue has increased during the current period. Moreover, continued growth in the percentage of services conducted online and disposable income is forecast to continue to drive industry revenue growth over the five years to 2024.

Operators in this industry retail shoes through traditional brick-and-mortar outlets, online websites and by mail order.

Report Scope

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.