For many years, China has been the undisputed king of footwear manufacturing. However, with rising labor costs and growing trade tensions, many companies are exploring other options.
In recent years, we have seen a growing number of companies exploring manufacturing options in other countries.
Vietnam, Indonesia, Pakistan, Turkey, and Bangladesh have all emerged as popular alternatives to China. These countries offer lower labor costs and other advantages that make them attractive to footwear companies looking to diversify their supply chains.
Other than the rising cost of labor, an issue facing China is the ongoing trade tensions. The imposition of tariffs on Chinese goods has made it more expensive for American companies to import footwear from China.
While China remains the more advanced and capable footwear manufacturing country, other countries are becoming more competitive.
Vietnam, in particular, has emerged as an attractive alternative to China. The country has a large and skilled workforce, with a strong tradition in footwear manufacturing.
Vietnam’s proximity to China also makes it an ideal location for companies looking to diversify their supply chains.
In conclusion, the footwear industry is facing significant challenges, and companies are increasingly looking to diversify their supply chains.
That’s why we put together our eBook, Your Footwear Supply Chain: An In-Depth Guide to Winning International Strategies. We have insights for the next steps in your footwear supply chain journey.
Download a free copy of the guide today to learn more about how you can gain a competitive edge with an effective international supply chain strategy.
