Shoe manufacturing is a highly profitable business. The global shoe market size was valued at $365.5 billion in 2020. The industry forecast and trends predict that the shoe market is expected to grow by 12.83% each year by 2028. By looking at the statistics, we can be certain about the lucrativeness of a shoe-manufacturing business.

However, to succeed in a shoe manufacturing business, you should have the right knowledge about the product and the market. For instance, you should choose the right material to manufacture shoes. 

The following materials are used most commonly to manufacture shoes:

• Leather
• Canvas
• Textile
• Natural Rubber
• Synthetics 
• Foam 
• Denim 

And more…

Also, there is a lot of variety of shoes for you to choose from, including:

• Athletic Shoes
• Ballet Flats
• Brogue Shoes
• Clogs
• Espadrilles
• Flip Flops
• Loafers
• High Heels
• Oxford Shoes
• Stringbacks
• Strappy Sandals
• Platform Shoes

And more…

How to Choose a Shoe Manufacturer?

You should consider the following factors while selecting a shoe manufacturer:

• Authenticity: Leather is one of the most commonly used materials in formal shoes. If you’re acquiring said shoes, then check the authenticity of the leather. Faux leather is prevalent in the market and is sold as real leather. Confirm with the manufacturer and conduct your own tests before placing a larger order.
  
  
• Private Labeling Option: Most wholesalers of shoes come with the requirement of private labeling. It is important to purchase shoes with the customization option. Before choosing a shoe manufacturer, you should check if there is a private labeling option available. 
  
  

Frequently Asked Questions About Shoe Manufacturers s

Who is the largest manufacturer of shoes?

Nike is currently the world’s largest manufacturer of shoes, with more than $40 billion in sales.

How competitive is the shoe industry?

The global shoe industry is highly competitive with a few major players and an endless array of small businesses, designers, retailers, and manufacturers.

Is the shoe industry growing?

Yes, according to Statista, the shoe industry is growing by 3.60% (CAGR 2022 to 2025) annually.