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Shoe Repair Industry Analysis

Identify industry changes, evaluate the market size, market outlook, trends, key players, and growth opportunities.

Contents Standard Report Premium Report
Industry Overview & Outlook . .
Market Size (industry trends) . .
Market Forecast (5-year projection)   .
Products/Services Breakdown   .
Revenue per State . .
Financial Metrics . .
Salary & Compensation Benchmarks . .
Key Companies   .
Industry News & Innovators   .
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2018 Market Analysis & Industry Outlook: Shoe Repair

Overview of the U.S. Shoe Repair Industry

This section provides answers to key questions about the industry:
  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Shoe Repair: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast[PREMIUM]

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Shoe Repair industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Maintenance And Repair - Footwear

Maintenance And Repair - Garments

Resale Of Merchandise

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map of Shoe Repair by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Shoe Repair company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Shoe Repair industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Shoe Repair measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 2%

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Chief Executives0%
General and Operations Managers2%
Sales and Related Occupations 6%
Office and Administrative Support Occupations 16%
Other Office and Administrative Support Workers 6%
Office Clerks, General 6%
Office Clerks, General 6%
Installation, Maintenance, and Repair Occupations 39%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 11%
Small Engine Mechanics 10%
Motorboat Mechanics and Service Technicians 6%
Other Installation, Maintenance, and Repair Occupations 25%
Home Appliance Repairers 15%
Home Appliance Repairers 15%
Production Occupations 28%
Textile, Apparel, and Furnishings Workers 18%
Miscellaneous Textile, Apparel, and Furnishings Workers 8%
Upholsterers 8%
Source: Bureau of Labor Statistics

Shoe Repair Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Innovation News

  • Purosystems trademarks "PUROCLEAN" - Property damage restoration and disaster recovery services - 09/19/2017
  • T & B Boots trademarks "TAKKEN'S SHOES" - Mail order services featuring men's, women's and children's footwear and related accessories; On-line retail store services featuring men's, women's and children's footwear and related accessories; Retail store services featuring men's, women's and children's footwear and related accessories - 03/02/2017
  • Purosystems patents Electronic System For Valuation And An Electronic Process For Same - 01/23/2014

  • Top Innovators

    CompanyInnovation Score
    T & B Boots

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • The future after the fire - In Indiana, the owner of a longtime family business, the Ottumwa dry-cleaning shop named American Cleaners and Shoe Repair, was receiving messages from old friends who knew what the place had meant to him and his family. But it was the present business ... (01/08/2018)
    • Genius of Shoes - The shoes were made of suede, which made the problem especially distressing. Fortunately, I have done business in the past with a brilliant shoe-repair man in Manhattan. He is a genius with shoes — caring, knowledgeable and experienced. When I showed him ... (01/08/2018)
    • Yelp 100 Challenge 2018 - These boots were made for walking..... I finally found my go to shoe repair store! Quick service. came by and had 3 pairs of boots that needed heel taps to be repaired. $3/pair for heel taps, and this is the cheapest I've seen both in Philly and in LA. (01/06/2018)
    • Walking the Walk With a Professional Shoe Conservator - You can’t make the shoe look like it did when it was made ... Sometimes, if an item gets handled too much, a repair can fail. Then you want to be able to go in and replace it or reset it. On some of the 18th-century shoes there are repairs—but they ... (01/06/2018)
    • City, downtown Killeen businesses meet to address homeless population - Killeen Director of Communications Hilary Shine said Thursday representatives from Brick & Barrel, Christell’s Flowers, First National Bank, Tharpe’s Boot & Shoe Repair, Killeen Vision Source and Security Finance met with city officials Dec. 11 to ... (01/05/2018)
    • Shoe storage that doesn't stink: What's your solution? - Or take them to a shoe repair place and ask for advice. Readers, can you help Marie? Plastic boxes are ok for normal storage of shoes you wear fairly often and aren’t crazy valuable. Expensive designer shoes often come with their own cloth dust bag for ... (01/04/2018)
    • Starting on the right foot: Shoe store owners save soles in downtown Waupun - Generations of area residents recall his personalized service and how he could pick the right shoe from a pile of inventory with a single grab. That was in the 1930s, and Brooks Shoes & Repair has been going strong ever since. A new chapter began recently ... (01/02/2018)
    • The 10 Best Shoe Repair Shops In NYC - After you buy the perfect shoes, it's important to take good care of them so you can wear them for more than one season. Cleaning and shining them regularly, and getting them resoled when needed will help you keep your shoes looking nice and lasting longer. (12/09/2014)
    • Best of New York: Dino's Shoe Repair has best quality shoe shine; Eddie's in Rockefeller recommended - Once you get a $4 shoeshine at Dino's Shoe Repair on Columbus Circle you won't ever go anywhere else. Owner Maria Filios has been in the shoe-care business for 35 years and might as well be the fairy godmother of shoes, if the fairy godmother wore plastic ... (04/10/2011)

    Government Contracts

    In 2016, the federal government spent a total of $40,687 on Shoe Repair. It has awarded 3 contracts to 2 companies, with an average value of $20,343 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount

    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Leather goods repair shops without retailing new leather goods, Luggage repair shops without retailing new luggage, Shoe repair shops without retailing new shoes, Saddlery repair shops without retailing new saddlery, Boot repair shops without retailing new boots, etc.

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