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.Unrepairable: Industry revenue is expected to decline in 2023-24 due to low disposable incomes
The Footwear and Leather Goods Repair industry has been constrained by challenging operating conditions. Low-cost imported shoes with thermoplastic soles have led to consumers opting for replacements over repairs. However, weak consumer confidence has supported demand, as low-income consumers have looked to reduce discretionary expenditure by repairing their shoes. Revenue is expected to grow at a compound annual rate of 1.2% over the five years through 2023-24, including a contraction of 25.8% in the current year, to £43.6 million.
Business in this industry repair footwear and other leather or leather-like goods, such as handbags and briefcases.
Table of Contents
About this Industry- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
Industry Performance
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
Operating Conditions
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Timpson Group Ltd
Methodology
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