Industry Analysis & Industry Trends
Australian footwear producers have faced a tough operating environment over the past decade as the dominance of low-cost foreign competitors, tariff reductions and import penetration have caused the industry's structure to change significantly. The industry also faces skilled-labour shortages, accelerated industry reforms and companies outsourcing production overseas. Finding a significant low-cost footwear producer based in Australia is now a difficult task. However, several larger footwear manufacturers produce industrial and safety boots, while sheepskin footwear such as ugg boots has retained stable domestic output levels over the past five years.
In 2013-14, industry revenue is estimated to decline by 2.7% to total $489.3... purchase to read more
Industry Report - Industry Analysis Chapter
Industry activity has declined over the past decade due to the dominance of low-cost foreign competitors, tariff reductions and increasing import levels, as well as skilled-labour shortages and higher outsourcing levels. In the five years through 2013-14, these developments have resulted in lower industry revenue, job losses, increased import penetration, falling export values and fewer industry participants. Industry revenue is expected to decrease at an annualised 2.8% over the five years through 2013-14 to $489.3 million. Despite this, some firms have transformed themselves into efficient, innovative or branded footwear suppliers and are competing successfully in a global capacity. Footwear exports have grown to represent 10.7% of revenue in 2013-14, up from 9.5% in 2008-09... purchase to read more