By far the biggest concern over the next six months for experts in the footwear industry is the cost of merchandise or raw materials, according to a survey conducted in April 2022. Worries over insufficient demand, both in home and overseas markets, also troubled the experts.
Footwear industry experts' forecasted difficulties worldwide over the next six months as of November 2022
Respondents could choose up to 3 options.
Geographical split of responses: 57 percent from Europe, 22 percent from Asia, 9 percent from South America, 8 percent North America, and 4 percent from Africa.
30 percent of respondents were involved in footwear manufacturing
(manufacturers) 18 percent footwear trade and distribution (traders) and 52 percent in other footwear-related activities, including trade associations, consultancy, journalism, etc.
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APICCAPS. (December 14, 2022). Footwear industry experts' forecasted difficulties worldwide over the next six months as of November 2022 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1309438/footwear-industry-difficulties-worldwide/
APICCAPS. "Footwear industry experts' forecasted difficulties worldwide over the next six months as of November 2022." Chart. December 14, 2022. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1309438/footwear-industry-difficulties-worldwide/
APICCAPS. (2022). Footwear industry experts' forecasted difficulties worldwide over the next six months as of November 2022. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1309438/footwear-industry-difficulties-worldwide/
APICCAPS. "Footwear Industry Experts' Forecasted Difficulties Worldwide over The next Six Months as of November 2022." Statista, Statista Inc., 14 Dec 2022, https://www.statista.com/statistics/1309438/footwear-industry-difficulties-worldwide/
APICCAPS, Footwear industry experts' forecasted difficulties worldwide over the next six months as of November 2022 Statista, https://www.statista.com/statistics/1309438/footwear-industry-difficulties-worldwide/ (last visited December 30, 2024)
Footwear industry experts' forecasted difficulties worldwide over the next six months as of November 2022 [Graph], APICCAPS, December 14, 2022. [Online]. Available: https://www.statista.com/statistics/1309438/footwear-industry-difficulties-worldwide/