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Shoe & Footwear Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Shoe & Footwear Manufacturing in Canada Market Research Report | NAICS 31621CA | Feb 2016

Clown shoes: Manufacturers will cater to niche markets and high-income individuals

IBISWorld’s Shoe & Footwear Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$259m
Annual Growth 11-16
-2.5%
Annual Growth 16-21
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Profit
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Employment
1,946
Businesses
128
Industry Analysis & Industry Trends

Similar to most consumer-goods manufacturing industries in Canada, the Footwear Manufacturing industry has had to contend with tough operating conditions over the five years to 2016. Rising input costs, slow growth in per capita disposable income, inflationary pressures, an appreciating dollar in the earlier half of the five-year period and intense competition from less costly imports have played a decisive role in this industry's decline. In the coming years, revenue declines are expected to be far less severe as a result of less room available for foreign competition... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

This industry is in the declining phase of its life cycle. This industry's contribution to Canada's gross domestic product (GDP), as measured by industry value added (IVA) is expected to decline at an annualized rate of 2.5% during the 10 years to 2021. This sharply contrasts with an expected GDP growth of 1.9% during the same period. Capital investment in this industry has also remained relatively stagnant, with industry operators having little motivation to make large-scale investments to boost productivity. Most domestic demand for industry products is satisfied by low-cost imports, and an appreciation of the dollar has resulted in declining export revenue. Most operators are expected to exit the industry, as they can no longer compete with tough import competition... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Shoe & Footwear Manufacturing Industry?

This industry manufactures footwear for men, women and children. Orthopedic footwear and specialist athletic footwear, such as skates or roller blades, are not included in this industry.

Industry Products
Boots, dress and casual shoes, and sandalsWork and utility-type boots and shoesSlippersSports shoesOther shoes and footwear
 
Industry Activities
Manufacturing rubber and plastic footwearManufacturing house slippersManufacturing athletic shoesManufacturing cleated athletic shoesManufacturing dress shoes


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