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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 | Mar 2017

Revenue repair: Low consumer confidence is expected to support the industry in the short term

IBISWorld’s Footwear & Leather Goods Repair market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Timpson Group plc Timpson Group plc market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Threats & Opportunities
  • An improving economy has encouraged consumers to opt for replacements over repairs
  • Increasing cheap footwear imports have lowered demand for repair services
  • Low consumer confidence and constrained disposable income should support demand in the short term
  • ... purchase to read more

Industry Analysis & Industry Trends

Over the past five years, the Footwear and Leather Goods Repair industry has struggled. An improving economy and rising level of imports have led to consumers opting for replacements over repairs. The increasing availability of cheap and imitation leather products has also supported the replacement trend. Nevertheless, as disposable income has risen, the potential market for high-value repairs has expanded, which has limited revenue decline. This has provided valuable, albeit limited, opportunities for participants specialising in the repair of high-value goods. Over the five years through 2016-17, revenue is forecast to contract at a compound annual rate of 1%, reaching £66 million.

In 2016-17, the industry is projected to grow... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Footwear and Leather Goods Repair industry has a medium level of market share concentration. The industry is dominated by Timpson, which controls nearly 50% of the industry. Over the past five years, Timpson has expanded its brand, opening more stores and booths across supermarket locations. The company has a strong competitive advantage accrued through its family brand image and proliferation in high-street locations. Timpson now holds such a significant market share that it is difficult for competitors to present a realistic threat.

According to ONS statistics, 91.2% of industry establishments employ fewer than five staff. Most businesses are owner-operated and only have a single location. Some have been serving the same customer base for decades. Rep.. purchase to read more

Additional Insights for the Footwear & Leather Goods Repair Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Footwear & Leather Goods Repair Industry are

  • Accessibility to consumers/users
  • Access to highly skilled workforce
  • Having a loyal customer base
  • IBISWorld analysts also discuss how external factors such as Real household disposable income and Expenditure by household income- highest quintile in the Footwear & Leather Goods Repair industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    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

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Real household disposable income
  • Expenditure by household income- highest quintile
  • Value of goods imports
  • World price of rubber
  • Current Performance
  • Demand conditions
  • Stamping out profit
  • Replacement

    over repair

  • Chart: Revenue Growth
  • Industry Outlook
  • Referendum effect
  • Potential threats
  • Supporting growth
  • Table: Footwear & Leather Goods Repair Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Footwear & Leather Goods Repair Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Footwear Manufacturing
  • Luggage & Handbag Manufacturing
  • Textile Weaving & Finishing
  • Products & Services
  • Leather footwear repair
  • Other footwear repair
  • Other leather goods repair
  • Chart: Footwear & Leather Goods Repair Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Highest income quintile
  • Fourth income quintile
  • Second income quintile
  • Third income quintile
  • Lowest income quintile
  • Chart: Major Market Segmentation for the Footwear & Leather Goods Repair Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Footwear & Leather Goods Repair
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Footwear & Leather Goods Repair Industry
  • Industry Globalization
    Major Companies
    Timpson Ltd
  • Table: Timpson Ltd - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Footwear & Leather Goods Repair Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Footwear & Leather Goods Repair Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
  • An individual or enterprise that specialises in footwear repair.
  • Finishing Machine
  • A machine that shines, sands, trims and buffs shoes.
  • Supermarket Pods
  • Small retail spaces in supermarkets, often near the entrance or exit, that are designed to take advantage of the high footfall.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Footwear & Leather Goods Repair:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Footwear & Leather Goods Repair market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Footwear & Leather Goods Repair, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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