China has long been the largest global footwear manufacturer, supplying products to countries all over the world. In recent years, however, a heavy reliance on foreign markets has brought significant challenges to the industry, as the global recession in 2008 and 2009 led to lower export demand.
Over the five years to 2014, industry revenue has been growing about 9.9% per year. In 2014, revenue is expected to increase 5.3% to $117.8 billion, mainly due to the recovering global economy. The largest product segment of the industry is leather shoes. Leather shoe output has grown steadily over the five years through 2014, increasing at an estimated annualized rate of 10.3%.
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.
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.