2024 Shoe Repair Industry Research Report

Shoe Repair - Market Size and Industry Forecast

The 2024 Shoe Repair Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the shoe repair industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Shoe Repair - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Shoe Repair companies in the United States.

Shoe Repair Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesShoe Repair
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Shoe Repair - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Shoe Repair - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Shoe Repair - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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Maint & repair - footwear & leather goods
Resale of merchandise
Resale of other merchandise
All other operating receipts
Maint & repair - garment allteration
Resale of merchandise - resale of parts not included in repair
All other maintenance & repair services

Shoe Repair - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%

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General and Operations Managers2%
Sales and Related Occupations6%
Office and Administrative Support Occupations16%
Other Office and Administrative Support Workers6%
Office Clerks, General5%
Office Clerks, General5%
Installation, Maintenance, and Repair Occupations39%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers12%
Small Engine Mechanics10%
Motorboat Mechanics and Service Technicians6%
Other Installation, Maintenance, and Repair Occupations24%
Home Appliance Repairers14%
Home Appliance Repairers14%
Production Occupations30%
Textile, Apparel, and Furnishings Workers18%
Miscellaneous Textile, Apparel, and Furnishings Workers9%
Upholsterers9%

Government Contracts

In the past, the federal government spent an annual total of $40,687 on the shoe repair industry. It has awarded 3 contracts to 2 companies, with an average value of $20,343 per company.

Shoe Repair and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Shoe Repair Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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