The Footwear and Leather Goods Repair industry has struggled over the past five years, owing to the growing tendency to replace an object rather than have it repaired. This prevailing trend of disposability has forced many small operators out of business. The rising availability of cheap and imitation leather products has also damaged the feasibility of traditional industry services. However, as disposable income has risen, some consumers have tended towards purchasing higher value, luxury leather goods. This has provided opportunities for participants specialising in the repairs of high-value goods, such as expensive handbags.
Business in this industry repair footwear and other leather or leather-like goods, such as handbags and briefcases.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.