Footwear Manufacturing
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry make footwear, including athletic, casual, and dress shoes, as well as boots, sandals, and slippers. Major companies include Nike, Skechers, and Wolverine Worldwide (all based in the US), along with Adidas and PUMA (both based in Germany), ASICS (Japan), and Yue Yuen (China).The global footwear market makes about $495 billion annually and is expected to have an annual growth rate of 2.35% from 2024 to 2029, according to Statista. Top exporting markets include China, Vietnam, Indonesia, Turkey, and Italy, according to the World Population Review.
The US footwear manufacturing industry consists of about 220 establishments (single-location companies and units of multi-location companies) with sales of about $1.8 billion.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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