Mobile Menu

Footwear Retailers in the UK - Market Research Report (2014-2029)

Jonas Kao Jonas Kao London, United Kingdom Last Updated: August 2024 SIC G47.721

Revenue

£4.2bn

2024-25

£4.2bn

Past 5-Year Growth

Profit

£XXX.Xm

Employees

43,582

Businesses

1,352

Wages

£XXX.Xm

Footwear Retailers in the UK industry analysis

Over the five years through 2024-25, revenue from specialist footwear retailers is forecast to shrink at a compound annual rate of 3.7%, contracting to an estimated £4.2 billion. The soaring popularity of online shopping post-lockdown is the main culprit for this dip in performance. However, recent economic volatility has also pushed customers into the arms of more budget-friendly competitors such as supermarkets, department stores and clothing retailers as people think twice before buying a new pair of shoes.

Trends and Insights

  • Cutthroat competition has altered the industry's landscape. The increased popularity of non-specialised footwear retailers, coupled with the rising prominence of e-commerce platforms, has intensified the competition, pushing traditional footwear retailers to innovate amid challenging conditions.
  • Men's fashion-consciousness boosts sales for shoes. With a wider variety of casual shoes and an increase in fashion-aware men who are willing to spend more, specialist footwear retailers have been able to capture a bigger market share.
  • London lures footwear retailers. Capitalising on the significantly higher average disposable income and dense population, footwear retailers find London's appeal irresistible, despite the city's higher rental costs.
  • Online and external competition ramp up stakes in the industry. The surge in online-only retailers and external competitors like supermarkets, clothing retailers and department stores who are all tapping into the footwear market is placing considerable pressure on specialist retailers.

Access hundreds of analysis and data

  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee

Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 3.7 % over the past five years, to reach an estimated £4.2bn in 2024.

Trends and Insights

Stepping up: Major competitors overshadow specialist retailers

  • Footwear retailers are facing mounting pressure from online-only retailers, clothing retailers, supermarkets and department stores, all of whom are tapping into the footwear market.
  • Additional trends and insights available with purchase
Footwear Retailers in the UK
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Calming economic conditions lift consumers’ spirits

  • After a period of record inflation over 2022-23, stabilising price levels are boosting consumer confidence and returning real disposable incomes back to a positive growth trajectory for 2024-2025.

Biggest companies in the Footwear Retailers in the UK

Company
Market Share (%)
2025
Revenue (£m)
2025
Schuh Ltd
342.6
C&J Clark Ltd
291.3
Office Holdings Ltd
244.7

To view the market share and analysis for all 6 top companies in this industry, view purchase options.

Products & Services Segmentation

Footwear Retailers in the UK
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Men's footwear, Children's footwear and Women's footwear. Men's footwear is the largest segment of the Footwear Retailers in the UK.

Trends and Insights

Comfort is key: Casual women’s footwear race to the top

  • The women’s footwear segment includes casual shoes, flats, heeled shoes, boots and sports shoes.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Footwear retailers concentrate on selling footwear through both bricks-and-mortar stores and online portals. Retailers typically buy a variety of footwear from wholesalers and manufacturers to sell to consumers. Retailers that solely operate online are not included in the industry.

What's included in this industry?

Men's footwearChildren's footwearWomen's footwearDelivery services and accessories

Companies

Schuh LtdC&J Clark LtdOffice Holdings Ltd

Purchase this report to view all 6 major companies in this industry.

Related Terms

ONLINE-ONLY RETAILERBRICKS-AND-MORTAR STORESMULTICHANNELLEAD TIME

Industry Code

SIC 2007

SIC 47.72/1 - Footwear Retailers in the UK

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Cutthroat competition has altered the industry's landscape. The increased popularity of non-specialised footwear retailers, coupled with the rising prominence of e-commerce p...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Men's fashion-consciousness boosts sales for shoes. With a wider variety of casual shoes and an increase in fashion-aware men who are willing to spend more, specialist footwe...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

London lures footwear retailers. Capitalising on the significantly higher average disposable income and dense population, footwear retailers find London's appeal irresistible...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Online and external competition ramp up stakes in the industry. The surge in online-only retailers and external competitors like supermarkets, clothing retailers and departme...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Clarks is the leading player due to its extensive history and global reach. Despite facing financial challenges and evolving fashion trends, the brand's commitment to innovat...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Schuh Ltd's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of C&J Clark Ltd's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Office Holdings Ltd's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 3 additional companies

Detailed analysis

  • Description and key data for Schuh Ltd, and factors influencing its performance in the industry
  • Description and key data for C&J Clark Ltd, and factors influencing its performance in the industry
  • Description and key data for Office Holdings Ltd, and factors influencing its performance in the industry
  • Description, key data and performance trends for 3 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The Sale of Goods Act 1979 ensures footwear quality and description accuracy. This act protects customers by letting them demand refunds, repairs or replacements from retaile...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Soaring national living wage is counteracting store closures’ effect on wage expenditure. Although retailers are reducing their number of branches in favour of their online p...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Liquidity Ratios (2018-2022)
  • Coverage Ratios (2018-2022)
  • Leverage Ratios  (2018-2022)
  • Operating Ratios (2018-2022)
  • Assets (2018-2022)
  • Liabilities (2018-2022)
  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Footwear Retailers in the UK industry in United Kingdom in 2024?

The market size of the Footwear Retailers in the UK industry in United Kingdom is £4.2bn in 2024.

How many businesses are there in the Footwear Retailers in the UK industry in 2024?

There are 1,352 businesses in the Footwear Retailers in the UK industry in United Kingdom, which has declined at a CAGR of 2.0 % between 2019 and 2024.

Has the Footwear Retailers in the UK industry in United Kingdom grown or declined over the past 5 years?

The market size of the Footwear Retailers in the UK industry in United Kingdom has been declining at a CAGR of 3.7 % between 2019 and 2024.

What is the forecast growth of the Footwear Retailers in the UK industry in United Kingdom over the next 5 years?

Over the next five years, the Footwear Retailers in the UK industry in United Kingdom is expected to grow.

What are the biggest companies in the Footwear Retailers in the UK market in United Kingdom?

The biggest companies operating in the Footwear Retailers market in United Kingdom are Schuh Ltd, C&J Clark Ltd and Office Holdings Ltd

What does the Footwear Retailers in the UK in United Kingdom include?

Men's footwear and Children's footwear are part of the Footwear Retailers in the UK industry.

Which companies have the highest market share in the Footwear Retailers in the UK in United Kingdom?

The company holding the most market share in United Kingdom is Schuh Ltd.

How competitive is the Footwear Retailers in the UK industry in United Kingdom?

The level of competition is moderate and increasing in the Footwear Retailers in the UK industry in United Kingdom.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • Clothing & Footwear Wholesaling in the UK
  • Sporting and Outdoor Equipment Retailers in the UK
  • Clothing Retailing in the UK
  • E-Commerce & Online Auctions in the UK

Complementors

  • There are no industries to display.

International industries

  • Athletic Shoe Stores in the US
  • Online Shoe Sales in the US
  • Shoe Stores in Canada
  • Footwear Retailing in Australia
  • Footwear Retailing in New Zealand

View all industries in United Kingdom

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in the UK include:

  • Office for National Statistics
  • Office for Budget Responsibility
  • Bank of England

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.