The report Published in May 2013 about Shoe & Footwear Manufacturing in the US from Research and Markets in the United States indicates that import penetration will stifle demand to forcing firms to change strategies. The whole report covers total 33 pages.
US shoe manufacturers continue to feel the heat from imports. Shoe makers are increasingly offshoring their production to lower-cost countries, and cheap imports will satisfy a growing proportion of domestic demand. As a result, revenue will sink and firms will continue to exit. To stay afloat, operators will establish their presence in niche markets, including work-oriented or high-end shoes, where lower-quality imports cannot easily succeed.
This industry manufactures footwear for men, women and children. They may manufacture rubber and plastic footwear, protective footwear, house slippers and slipper socks. Operators also manufacture men’s or women’s footwear designed for dress, street and work. These products also include men’s or women’s shoes with rubber or plastic soles and leather or vinyl uppers.
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.