China Footwear Market Analysis

Standing on the threshold of a retail revolution and witnessing a fast changing retail landscape, the Chinese footwear market is set to experience the phenomenal growth in coming years. In past few years, the market has seen robust growth, says “China Footwear Market Analysis”, a recent report by RNCOS. This report provides extensive research and in-depth analysis on the Chinese footwear market. The detailed data and analysis given in the report will help the client to evaluate the leading-edge opportunities critical to the success of the footwear market in China.

The forecasts and estimations given in this report are not based on a complex economic model, but are intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers.

Key Findings

• The Chinese footwear retail market is anticipated to grow between 5-6% CAGR in terms of value and volume respectively for the next five years.
  
  
• Medium- and low-end footwear accounts for the majority of footwear consumption market in China.
  
  
• The footwear industry is mainly concentrated in Guangdong, Fujian, Tianjin (good, modern factories), and Zijiang.
  
  
• Between 2002 and 2006, China's share in worldwide low-cost exports increased by 3.7 Percentage points to 65.7% points in 2006.
  
  
• The growing China shoe market offers vast opportunities for shoe designers. It is expected that China will need around 300,000 shoe designers in next 10 years (2007-2016).

1. Analyst View

2. Global Footwear Market

2.1 By Sales Value

2.2 By Sales Volume

2.3 By Region

3. China in Context of Global Footwear Market

3.1 By Production

3.2 By Consumption

3.3 By Export

4. Why China’s Footwear Market is Attractive?

4.1 Cost Advantage

4.2 Domestic Consumption

4.3 Living Standard

4.4 Middle Class Population

4.5 Manufacturing Capacity

4.6 Machinery Technology

4.7 Logistics Support

4.8 Buying Power

4.9 Operational Conditions

4.10 Government Initiatives

5. China’s Footwear Market

5.1 By Production

5.2 By Consumption

5.3 By Products

5.3.1 Leather Shoes

5.3.2 Textile Shoes

5.3.3 Plastic Shoes

5.3.4 Rubber Shoes

5.4 By Footwear Components

5.5 By Regional Hubs

5.5.1 Dongguan

5.5.2 Jinjiang

5.5.3 Wenzhou

5.5.4 Chengdu

5.6 By Export

5.6.1 Product Specialization

6. Future Growth Prospects

6.1 Sports Footwear Market

6.2 Advertising & Marketing Agencies

6.3 Shoe Designers

6.4 Franchised Operation

7. Industry Hurdles & RNCOS Recommendations

7.1 Branding & Communication

7.2 Anti-dumping Tariffs

7.3 Market Segmentation

7.4 Retail Distribution

7.5 Environmental Issues

7.6 Management Problems

8. Competitive Landscape

9. Key Industry Contributors

9.1 Yue Yuen Industrial (Holdings) Ltd.

9.2 New Balance Athletic Shoe

9.3 Nike Inc.

List of Figures:

Figure 2-1: Global - Footwear Sales (in Billion US$), 2003-2007

Figure 2-2: Global - Footwear Sales (in Billion Pairs), 2003-2007

Figure 2-3: Global - Footwear Production by Region (%), 2005

Figure 2-4: Global - Footwear Consumption by Region (%), 2005

Figure 3-1: Global - Share of Countries in Footwear Production (%), 2005

Figure 3-2: Global - Share of Countries in Footwear Consumption (%), 2005

Figure 3-3: Global - Share of Top Ten Emerging Countries in Footwear Exports (%), 2006

Figure 4-1: Emerging Economies - Comparative Labor Cost per Hour (in US$), 2006

Figure 4-2: China - Population (in Million), 2001-2007E

Figure 4-3: China - Forecast for Population (in Million), 2008-2012

Figure 4-4: China - Per Head Disposable Income (in US$), 2001-2007E

Figure 4-5: China - Forecast for Per Head Disposable Income (in US$), 2008-2012

Figure 4-6: China - Middle Class Population (in Million), 2006 & 2020F

Figure 4-7: China - Number of Credit Cards (in Million), 2005 & 2006

Figure 5-1: China - Footwear Production (in Million Pairs), 2001-2007E

Figure 5-2: China - Footwear Retail Sales (in Billion US$), 2003-2007

Figure 5-3: China - Forecast for Footwear Retail Sales (in Billion US$), 2008-2012

Figure 5-4: China - Footwear Retail Sales (in Billion Pairs), 2003-2007

Figure 5-5: China - Forecast for Footwear Retail Sales (in Billion Pairs), 2008-2012

Figure 5-6: China - Leather Shoes Manufacturing Industry (in Million US$), 2004-2006E

Figure 5-7: China - Leather Shoes Export & Import (in Million Pairs), 2006 & 2007

Figure 5-8: China - Leather Shoes Export & Import (in Million US$), 2006 & 2007

Figure 5-9: China - Textile Shoes Manufacturing Industry (in Million US$), 2004-2006E

Figure 5-10: China - Textile Shoes Export (in Million US$), 2004-2006E

Figure 5-11: China - Plastic Shoes Manufacturing Industry (in Million US$), 2004-2006E

Figure 5-12: China - Plastic Shoes Export (in Million US$), 2004-2006E

Figure 5-13: China - Rubber Shoes Manufacturing Industry (in Million US$), 2004-2006E

Figure 5-14: China - Rubber Shoes Export (in Million US$), 2004-2006E

Figure 5-15: China - Footwear Components Export & Import (in ‘000 Ton), 2006 & 2007

Figure 5-16: China - Footwear Components Export & Import (in Million US$), 2006 & 2007

Figure 5-17: China - Chengdu’s Shoes Production (in Million Pairs), 2005 & 2008F

Figure 5-18: China - Footwear Export (in Billion US$), 2002-2006

Figure 5-19: China - Product Specialization for Footwear Export (2002 & 2006)

List of Tables:

Table 5-1: China - Shoes Production in Leading Provinces (in Billion Pairs), 2005

Table 9-1: Yue Yuen Industrial (Holdings) Ltd. - Key Financials (in Million US$), 2003-2007

Table 9-2: Nike Inc. - Key Financials (in Million US$), 2006 & 2007