Footwear Manufacturing in China - Industry Market Research Report

China has long been the largest global footwear manufacturer, supplying products to countries all over the world. However, in recent years, fierce international competition and manufacturing being transferred to Southeast Asia have challenged the industry. In addition, the COVID-19 outbreak negatively affected the Footwear Manufacturing industry in China in 2020. Over the five years through 2023, industry revenue is expected to increase at an annualized 0.8%. In 2023, revenue is estimated to increase by 4.5% to $131.5 billion. The largest product segment of the industry is rubber shoes. The Footwear Manufacturing industry in China manufactures leather shoes, plastic shoes, rubber shoes, plastic shoes and footwear components. The industry's products are then sold to wholesalers and retailers, and resold to final consumers. 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.