Footwear Wholesaling in the US
The Footwear Wholesaling industry has benefited from improving economic conditions in the United States. Rising disposable income and consumer expenditure levels, along with rising shoe prices, have stimulated industry revenue growth over the five years to 2018. The industry has posted gains during the five-year period as falling unemployment and increasing per capita disposable income have increased consumers' propensity to spend. In addition, consumer confidence in the economy has sharply risen over the past five years. Consequently, demand for footwear in the United States has increased, benefiting the industry. Over the five years to 2023, two developments could adversely affect industry revenue. First, the recent expansion of the Berry Amendment to include domestically manufactured athletic footwear could facilitate upstream manufacturers' bypass of this wholesaling industry. The second development is the potential tariff hike on imported footwear as a result of rising protectionist rhetoric in the United States.
Operators in this industry wholesale footwear, including athletic shoes, made of leather, rubber and other materials. Businesses in this industry purchase shoes from manufacturers, and resell them to retailers with minimal or no further development or processing. Most wholesalers in this industry undertake sales and administrative activities, such as establishing relationships with manufacturers and retailers.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook