Shoe Stores in Canada - Industry Market Research Report

Shoe Stores in Canada - Industry Market Research Report

  • December 2018 •
  • 33 pages •
  • Report ID: 4564280

Sole salvation: Stabilizing input prices will benefit industry revenue


Shoe Stores in Canada
Fortunately for Shoe Stores industry operators, downstream demand has surged in recent years because of overall economic growth and improving consumer conditions. For instance, growing consumer confidence has empowered individuals to increase spending on nonessential goods, while steady growth in per capita disposable income has enabled a greater number of consumers to purchase high-end designer shoes. However, industry growth has been somewhat constrained by mounting competition from department stores, online retail outlets and other external operators that sell shoes. Moving forward, the industry is expected to continue growing as downstream demand conditions continue to improve. Moreover, industry profit margins will benefit from stability in the prices of industry-relevant raw materials, such as rubber and synthetic fibre, as well as an expected appreciation of the Canadian dollar.

Industry operators primarily sell footwear, which involves purchasing shoes from wholesalers or manufacturers and selling them from a physical retail location. Catalogue sales and online sales are not included in this industry. Sales of sports shoes such as cleats are also excluded from this industry.

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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