U.S.: Footwear Treatments Market 2025

Footwear Treatments Market Size in the U.S.

The U.S. footwear treatments market was finally on the rise to reach $X in 2022, after two years of decline. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Footwear treatments consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Footwear Treatments Production in the U.S.

In value terms, footwear treatments production fell slightly to $X in 2022. Over the period under review, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.8% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of 42%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Footwear Treatments Exports

Exports from the U.S.

For the fourth year in a row, the United States recorded growth in shipments abroad of polishes and creams for footwear or leather, which increased by 7.3% to X tons in 2022. In general, exports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, footwear treatments exports amounted to $X in 2022. Overall, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +106.0% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for footwear treatments exports from the United States, with a 31% share of total exports. Moreover, footwear treatments exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada totaled +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+19.7% per year) and the Netherlands (+18.5% per year).

In value terms, Mexico ($X), Canada ($X) and Japan ($X) appeared to be the largest markets for footwear treatments exported from the United States worldwide, with a combined 49% share of total exports. The Netherlands, the UK, Australia, the United Arab Emirates, Hong Kong SAR, Vietnam, Belgium, Germany, China and Singapore lagged somewhat behind, together comprising a further 32%.

Vietnam, with a CAGR of +73.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average footwear treatments export price amounted to $X per ton, reducing by -5.4% against the previous year. In general, the export price recorded a mild contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 12% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Treatments Imports

Imports into the U.S.

After two years of decline, overseas purchases of polishes and creams for footwear or leather increased by 50% to X tons in 2022. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, footwear treatments imports surged to $X in 2022. The total import value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, imports reached the maximum at $X in 2016; afterwards, it flattened through to 2022.

Imports by Country

Honduras (X tons), China (X tons) and the UK (X tons) were the main suppliers of footwear treatments imports to the United States, with a combined 64% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Honduras (with a CAGR of +29.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest footwear treatments suppliers to the United States were Honduras ($X), China ($X) and Spain ($X), with a combined 52% share of total imports.

Among the main suppliers, Honduras, with a CAGR of +27.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average footwear treatments import price stood at $X per ton in 2022, reducing by -5.5% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 10% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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