Stepping out: The strong reputation of Australian products has aided revenue growth

Operators in the Footwear Manufacturing industry have faced mixed operating conditions over the past five years. A strong Australian dollar at the beginning of the period, tariff reductions and newly signed free trade agreements contributed to a flood of low-cost imports entering the market. Limited disposable income growth and volatile consumer sentiment over the past five years have added to the industry's challenges, with many consumers increasingly favouring cheaper imports. However, many industry operators have successfully targeted niche and specialty markets in Australia and overseas, trading on the strong branding and reputation of Australian-made products. Industry revenue is expected to increase at an annualised 3.4% over the five years through 2018-19, to $657.8 million...read more.

Industry Statistics & Market Size
Revenue
$658m
Annual Growth 14-19
3.4%
Forecast Growth 19-24
Profit
Employment
1,751
Businesses
180
Market Share of Companies

Industry Threats & Opportunities

  • Export markets and rising demand for Australian-made products have supported revenue growth
  • Profit margins have declined due to strong price-based competition from low-cost imports
  • Firms that convert into high value-added producers are more likely to remain in the industry
  • Industry Report - Industry Locations Chapter

    The industry’s geographic spread is closely linked with the distribution of footwear wholesalers, department stores and footwear retailers. The majority of industry establishments are located in Victoria and New South Wales, which account for over 70% of footwear manufacturers. The industry is highly concentrated in these areas due to the historical development of apparel and footwear manufacturing in these states. Many footwear manufacturers are long established and proximity to input goods, a skilled workforce and ports remains unchanged for generations. Downstream retailers and wholesalers are also heavily concentrated in these states, helping industry establishments to minimise transport costs. Vic...purchase to read more.

    Additional Insights for the Footwear Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Footwear Manufacturing are:

  • Establishment of brand names
  • Access to niche markets
  • Effective quality control
  • IBISWorld analysts also discuss how external factors such as Demand from footwear retailing and Demand from department stores in the Footwear Manufacturing industry impact industry performance..

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    What's in this report

    What is the Footwear Manufacturing Industry?

    The Footwear Manufacturing industry consists of operators that manufacture footwear or footwear components. These products are then purchased by footwear wholesalers and retailers that resell them to consumers.

    Industry Products
  • Footwear with leather uppers
  • Specialised footwear
  • Footwear with plastic or rubber uppers
  • Other footwear products
  • Industry Activities
  • Footwear and boot
  • Footwear component
  • Safety and protective footwear
  • Sandal and shoe
  • Slipper
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from footwear retailing
  • Demand from department stores
  • Trade-weighted index
  • Real household disposable income
  • Import duties on apparel manufacturing

  • Current Performance
  • Profit and participation
  • International trade
  • Downstream trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand markets
  • Profit and employment
  • International trade
  • Production trends
  • Table: Footwear Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Footwear Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Footwear Wholesaling
  • Department Stores
  • Footwear Retailing
  • Defence
  • General Hospitals

  • Key Selling Industries
  • Leather and Leather Substitute Product Manufacturing
  • Nut, Bolt, Screw and Rivet Manufacturing
  • Paperboard Container Manufacturing
  • Tool and Hardware Manufacturing

  • Products & Services
  • Footwear with leather uppers
  • Specialised footwear
  • Footwear with plastic or rubber uppers
  • Other footwear products
  • Chart: Footwear Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Footwear wholesalers
  • Export markets
  • Manufacturer direct sale
  • Specialty footwear retailers
  • Department stores
  • Chart: Major Market Segmentation for the Footwear Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Footwear Manufacturing

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Footwear Manufacturing Industry

  • Industry Globalization
    RM Williams Proprietary Limited,
  • Table: RM Williams Proprietary Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Footwear Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Footwear Manufacturing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Leather Shoes
  • Shoes entirely or mostly made of leather, whether natural, artificial or synthetic.
  • Plastic Shoes
  • Shoes, such as slippers and sandals, made of a variety of plastics.
  • Tcf Industries
  • Textile, clothing and footwear industries.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s 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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Footwear Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Footwear Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Footwear Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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