Industry Analysis & Industry Trends
Early in the past five years, the US dollar was weak and contributed to industry revenue growth by making domestically produced goods relatively cheaper than imports. Nonetheless, low-cost suppliers in China and Vietnam can deliver leather boots at lower prices than local firms, making domestic goods less attractive to consumers. As a result, companies have shifted toward designing and marketing activities, while contracting production to third parties or opening up their own facilities abroad. More efficient production facilities will help companies compete based on price as import penetration and input costs rise over the coming years.... purchase to read more
Industry Report - Industry Products Chapter
Equestrian and dress boots
Equestrian and dress boots make up the largest segment of the Leather Boot Manufacturing industry, with an estimated 45.2% of the industry revenue in 2013. Products manufactured in this segment include riding boots, jodhpur boots and jackboots. This segment continues to shrink as industry manufacturers outsource production facilities to cut labor and purchase costs. Nevertheless, the demand for cowboy boots, which serve as a long-standing symbol of the American heritage, drives segment sales.
Military boots constitute the second-largest product segment, with an estimated 29.5% of industry revenue in 2013... purchase to read more