$34.2bn
$X.Xbn
26,937
3,300
$X.Xbn
The Footwear Wholesaling industry has struggled to maintain a robust growth trajectory because of changing consumer behaviors, economic uncertainties and a shift toward online retailing. Manufacturers and retailers are increasingly finding their roles squeezed as they adapt to new business models within the supply chain, like direct-to-consumer (DTC) strategies. This has resulted in a diminishing traditional wholesale market size and the adoption of reshuffled strategies to stay afloat. Industry revenue has declined at a CAGR of 4.1% over the past five years and is expected to total $34.2 billion in 2024, when revenue will drop by an estimated 0.2%.
Industry revenue has declined at a CAGR of 4.1 % over the past five years, to reach an estimated $34.2bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Nike, Inc. | 7,928.2 | 980.4 | 12.4 | |
Adidas Group | 322.3 | 26.9 | 8.4 |
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Industry revenue is measured across several distinct product and services lines, including Athletic footwear, Infants' footwear and Women's and girls' footwear (excluding athletic footwear). Athletic footwear is the largest segment of the Footwear Wholesaling in the US.
Women's and girls' footwear boosting luxury and fashion markets
Companies in this industry wholesale footwear, including athletic shoes, made of leather, rubber and other materials. They purchase shoes from manufacturers and resell them to retailers with minimal or no further development or processing. Most wholesalers in this industry undertake sales and administrative activities, like establishing relationships with manufacturers and retailers.
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NAICS 42434 - Footwear Wholesaling in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
E-commerce acceleration reshapes traditional wholesale dynamics. The significant shift towards direct-to-consumer sales and e-commerce in the past five years has reduced reli...
Learn about an industry's products and services, markets and trends in international trade.
Wholesalers have enjoyed growth through women's and girls' footwear. Higher selling prices and the boost of fast fashion have benefitted this segment.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Wholesalers are located near large ports. This proximity allows easy access to affordably manufactured footwear from overseas, enabling competitive pricing and quicker invent...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Price is crucial for footwear wholesalers' business success. Wholesalers have limited flexibility in pricing, but competitive per-unit costs can stabilize their sales.
Learn about the performance of the top companies in the industry.
Nike and Adidas lead the industry with over 5% market share. They achieve this by controlling their manufacturing and distribution processes.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
US regulations profoundly impact the industry. These laws include safety and wage standards and strict controls on intellectual property to combat counterfeiting. They also s...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Competition impacts footwear wholesalers' profit. Stiff domestic and international rivalry leads to aggressive pricing, reducing profitability within the Footwear Wholesaling...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Footwear Wholesaling in the US industry in United States is $34.2bn in 2024.
There are 3,300 businesses in the Footwear Wholesaling in the US industry in United States, which has declined at a CAGR of 0.5 % between 2019 and 2024.
The market size of the Footwear Wholesaling in the US industry in United States has been declining at a CAGR of 4.1 % between 2019 and 2024.
Over the next five years, the Footwear Wholesaling in the US industry in United States is expected to decline.
The biggest companies operating in the Footwear Wholesaling market in United States are Nike, Inc. and Adidas Group
Wholesaling athletic footwear and Wholesaling infants' footwear are part of the Footwear Wholesaling in the US industry.
The company holding the most market share in United States is Nike, Inc..
The level of competition is high and steady in the Footwear Wholesaling in the US industry in United States.