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Footwear & Leather Goods Repair in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Footwear & Leather Goods Repair Market Research Report | SIC S95.230 | May 2016

Wearing thin: Revenue decline continues as operators face pressure from the replacement trend

IBISWorld’s Footwear & Leather Goods Repair market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Timpson Group plc Timpson Group plc market share
Industry Statistics & Market Size
Revenue
£59m
Annual Growth 12-17
-2.0%
Annual Growth 17-22
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Profit
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Employment
1,419
Businesses
480
Industry Analysis & Industry Trends

The Footwear and Leather Goods Repair industry has struggled over the past five years, owing to the growing tendency for consumers to opt for replacement over repair. This prevailing trend of disposability has forced many small operators out of business, despite the improving economic climate. The rising availability of cheap and imitation leather products has also damaged the feasibility of traditional industry services. However, as disposable income has risen, some consumers have tended towards purchasing higher value, luxury leather goods. This has provided valuable, albeit limited, opportunities for participants specialising in the repairs of high-value goods, such as expensive handbags... purchase to read more

Industry Report - Industry Locations Chapter

The geographic distribution of establishments in the Footwear and Leather Goods Repair industry follows the geographic distribution of the population to a large extent. This is typical of service industries, which require immediate access to their customer base. The Footwear and Leather Goods Repair industry relies heavily on footfall and convenience, so high streets have proved the lifeblood of successful business.

Business locations have been skewed by the decisions of major company Timpson Group over the past five years. The company has expanded into locations off the high street to pick up on ever increasing footfall to supermarkets and other retail destinations. Therefore, business locations are beginning to map more closely with supermarket sites.

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Industry ProductsRelated ReportsTable of Contents

What is the Footwear & Leather Goods Repair Industry?

Business in this industry repair footwear and other leather or leather-like goods, such as handbags and briefcases.

Industry Products
Other footwear repairLeather footwear repairOther leather goods repair
 
Industry Activities
Repairing shoesRepairing leather goods


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