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Positive perspetives for footwear businesses
In this edition of the Business Conditions survey, we asked our panel of experts to share their expectations about the health of the future business in the next semester. Read about the conclusions below
The expert panel's perspectives on the health of their businesses over the next six months are generally positive. While no one expects it to be exceptionally strong, over 40% of respondents anticipate it to be strong. The percentage of respondents who anticipate it to be weak or very weak (24.4%) is lower than those who expect it to be neither strong nor weak (34%).
However, footwear manufacturers are slightly more pessimistic than footwear traders. Around 41% of footwear traders and manufacturers expect their business to be strong, but 24% of footwear manufacturers anticipate it to be weak, compared to only 17% of footwear traders.
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Contents
Executive SummaryBusiness Context
Health of the Business
Employment Level
Prices
Quantity
Difficulties
Retail Channels
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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
