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CA NAICS 44821CA | Industry Report

Shoe Stores in Canada Industry Data and Analysis

CP
Christian Perdomo
Analyst New York, United States October 2025

The Canadian Shoe Stores industry has displayed resilience and adaptability in recent years, navigating a complex market influenced by evolving consumer behaviours and technological advancements. As consumers increasingly gravitate towards online shopping for convenience and competitive pricing, traditional brick-and-mortar stores have had to innovate. Integrating omnichannel retail strategies has become paramount, blending physical and digital shopping experiences to meet customer expectations and drive sales. Industry revenue has hiked at a CAGR of 1.9% over the past five years and is expected to total $4.5 billion in 2025 when revenue will hike by an estimated 1.2%.

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What's included in this industry analysis

IBISWorld's research coverage on the Shoe Stores industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released October 2025.

About this industry

What's this industry report about?

The Shoe Stores industry in Canada operates under the NAICS industry code 44821CA. Shoe stores in Canada primarily sell footwear, which involves purchasing shoes from wholesalers or manufacturers and selling them from a physical retail location. Catalogue and online sales are not included in this industry and sales of sports shoes, like cleats, are also excluded. Related terms covered in the Shoe Stores industry in Canada include brick-and-mortar, radio-frequency identification (rfid) and retail theatre.

What's included in this industry?

Products and services covered in Shoe Stores industry in Canada include Women's casual and dress shoes, Men's athletic shoes and Men's casual and dress shoes.

What companies are included in this industry?

The Shoe Stores industry in Canada is highly fragmented with no companies holding a market share greater than 5%.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Shoe Stores industry in Canada.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Shoe Stores industry in Canada.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Shoe Stores industry in Canada.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Shoe Stores industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Shoe Stores industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Shoe Stores industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Shoe Stores industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Shoe Stores industry in Canada.

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Frequently Asked Questions

What is the market size of the Shoe Stores industry in Canada in 2026?

The market size of the Shoe Stores industry in Canada is $4.5bn in 2026.

How many businesses are there in the Shoe Stores industry in Canada in 2025?

There are 1,362 businesses in the Shoe Stores industry in Canada, which has grown at a CAGR of 0.6 % between 2020 and 2025.

How may import tariffs affect the Shoe Stores industry in Canada?

The Shoe Stores industry in Canada is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Shoe Stores industry in Canada?

The Shoe Stores industry in Canada is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Shoe Stores industry in Canada grown or declined over the past 5 years?

The market size of the Shoe Stores industry in Canada has been growing at a CAGR of 1.9 % between 2020 and 2025.

What is the forecast growth of the Shoe Stores industry in Canada over the next 5 years?

Over the next five years, the Shoe Stores industry in Canada is expected to grow.

What does the Shoe Stores industry in Canada include?

Retailing men's casual and dress shoes and Retailing women's casual and dress shoes are part of the Shoe Stores industry in Canada.

How competitive is the Shoe Stores industry in Canada?

The level of competition is high and increasing in the Shoe Stores industry in Canada.

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