Footwear Wholesaling in the US - Industry Market Research Report

Footwear Wholesaling in the US - Industry Market Research Report

  • August 2021 •
  • 42 pages •
  • Report ID: 209124 •
  • Format: PDF
Best foot forward: Increased consumer demand for footwear will likely support industry revenue

Abstract

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 2019.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. Over the five years to 2024, two developments could adversely affect industry revenue. First, the recent expansion of the Berry Amendment to include domestically manufactured athletic footwear could incentivize upstream manufacturers to skip the need for wholesalers and retailers. The second development is the potential tariff hike on imported footwear as a result of rising protectionist rhetoric in the United States. Such a tariff hike would make it costlier for industry operators to source footwear, driving up their purchase costs and threatening their margins.

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.
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