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
What is the Leather Boot Manufacturing industry?
Companies in this industry primarily manufacture men’s and women’s leather boots. Revenue from producing other shoes or boots made from alternative materials is not included in this industry... purchase to read more