Footwear & Leather Goods Repair in the UK - Industry Market Research Report

Footwear & Leather Goods Repair in the UK - Industry Market Research Report
Footwear & Leather Goods Repair in the UK

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.

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.