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Employment in the footwear sector expected to stabilise or decrease
In the latest edition of the World Footwear Business Conditions Survey, we have asked panel members about their expectation regarding employment in the industry. Read the results here
In terms of employment over the next six months, the expert panel's perspectives are not very bright. Almost 60% of respondents anticipate employment to stabilize in their companies. As for the remainder, more expect it to decrease rather than increase (with a balance of extreme answers equal to -2.2 percentage points).
However, organizations with less than 10 employees anticipate employment to grow rather than stabilize. While more manufacturers anticipate it to decrease rather than increase (with a balance of extreme answers equal to -17.2 percentage points), more traders anticipate it to increase rather than decrease (with a balance of extreme answers equal to +23.5 percentage points).
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Contents
Executive SummaryBusiness Context
Health of the Business
Employment Level
Prices
Quantity
Difficulties
Retail Channels
Global Footwear Consumption to Increase by 7.8%
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About Survey
About the Survey
In 2019 the World Footwear has created the World Footwear' expert panel and is now conducting a Business Conditions Survey every semester.
The objective of the World Footwear Experts Panel Survey is to collect information regarding the current business conditions within the worldwide footwear markets and then to redistribute such information in a way it will provide an accurate overview of the situation of the global footwear industry.
The eighth edition of this online survey was conducted during the month of April 2023.
In 2019 the World Footwear has created the World Footwear' expert panel and is now conducting a Business Conditions Survey every semester.
The objective of the World Footwear Experts Panel Survey is to collect information regarding the current business conditions within the worldwide footwear markets and then to redistribute such information in a way it will provide an accurate overview of the situation of the global footwear industry.
The eighth edition of this online survey was conducted during the month of April 2023.
We have obtained 130 valid answers, 42% coming from Asia, 38% from Europe, 9% from North America and 6% from South America, and the remainder 5% from Africa. About 22% of the respondents are involved in footwear manufacturing (manufacturers), 13% in footwear trade and distribution (traders), and 65% in other footwear-related activities such as trade associations, consultancy, journalism, etc. (others).
Previous Editions of this Bulletin can be found HERE
