Standard Report | Premium Report | |
---|---|---|
Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
Government Vendors | ||
Instant Download - Available immediately upon purchase | ||
Download both PDF and Excel
|
Download now: |
2024 U.S. Industry Statistics & Market Forecast - Luggage and Leather Goods Retailers
Market Size & Industry Statistics
The total U.S. industry market size for Luggage and Leather Goods Retailers:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2019 2020 2021 2022 2023 | |
---|---|---|
Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
Market Forecast ($ millions) | |||||
Projected Industry Growth Rate (%) |
Product & Services Breakdown
Research products and services in the Luggage and Leather Goods Retailers industry generating sales. Note that products are broken into categories with different levels of classification.Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
---|---|---|---|
Industry Total |
|||
Men's Wear, Including Accessories |
|||
Women's, Juniors', & Misses' Wear, Including Accessories |
|||
Footwear, Including Accessories |
|||
All Other Merchandise |
|||
Luggage & Leather Goods |
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) |
|
---|---|---|
Total Revenue | Order at top of page |
|
Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Luggage and Leather Goods Retailers company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
---|---|
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Luggage and Leather Goods Retailers industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Luggage and Leather Goods Retailers measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
---|---|
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
---|---|
Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
|
Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
|
Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
|
Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
---|---|---|---|---|
Management Occupations | 10% | Order at top of page |
||
Top Executives | 8% | |||
Chief Executives | 0% | |||
General and Operations Managers | 8% | |||
General and Operations Managers | 8% | |||
Sales and Related Occupations | 62% | |||
Supervisors of Sales Workers | 8% | |||
First-Line Supervisors of Sales Workers | 8% | |||
First-Line Supervisors of Retail Sales Workers | 8% | |||
Retail Sales Workers | 53% | |||
Retail Salespersons | 53% | |||
Retail Salespersons | 53% | |||
Office and Administrative Support Occupations | 11% | |||
Production Occupations | 11% | |||
Other Production Occupations | 10% | |||
Jewelers and Precious Stone and Metal Workers | 10% | |||
Jewelers and Precious Stone and Metal Workers | 10% |
Luggage and Leather Goods Retailers Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Luggage and Leather Goods Retailers industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Luggage and Leather Goods Retailers industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Luggage and Leather Goods Retailers industry. |
Innovation News
- Mar 07, 2024: Travelpro Products patents Zipper Puller
- Mar 07, 2024: Travelpro Products patents Zipper Puller
- Jan 10, 2024: Travelpro Products trademarks "TRAVELPRO PILOT" - Computer carrying cases
- Jan 10, 2024: Travelpro Products trademarks "PILOT" - Computer carrying cases
- Jan 05, 2024: Phoenix Leather Goods trademarks "CTM" - Luggage; Bags made of leather; Bags of leather; Luggage straps; Luggage tags; Purses; Purses and wallets; Purses of leather; Umbrellas; Umbrellas and parasols; Umbrellas for children; Wallet chains; Wallets; Wallets for credit cards; Wallets with card compartments; Wallets, not of precious metal; All-purpose leather straps; Artificial fur; Athletic bags; Backpacks, book bags, sports bags, bum bags, wallets and handbags; Beach umbrellas; Belt bags; Belt bags and hip bags; Book bags; Briefcase-type leather business folders; Briefcases for documents; Bum bags; Card wallets; Cases for keys; Cases of leather or leatherboard; Clutch bags; Coin purses made of leather; Coin holders in the nature of wallets; Coin purses; Cosmetic carrying cases sold empty; Credit card holders; Curried skins; Duffel bags; Duffle bags; Envelopes, of leather, for packaging; Evening bags; Fashion handbags; Faux fur; Gentlemen's handbags; Golf umbrellas; Handbags for ladies; Handbags, purses and wallets; Hard-sided and soft-sided carry-on bags and gym bags; Hat boxes of leather; Hobo bags; Key wallets; Key cases; Key pouches; Key-cases; Keycases; Leather bags; Leather wallets; Leather bags and wallets; Leather bags, suitcases and wallets; Leather binders for travel purposes; Leather credit card cases; Leather credit card holder; Leather credit card wallets; Leather pouches; Leather shoulder belts; Leather shoulder straps; Luggage label holders; Men's clutch bags; Messenger bags; Military duffle bags, garment bags for travel, tote bags, shoulder bags and backpacks; Overnight bags; Pocket wallets; Pocketbooks; Pouches and bags sold empty for attachment to backpacks; Pouches for holding keys; Pouches made out of cloth; Pouches, of leather, for packaging; Protective fitted liners for backpacks and luggage; Purses not made of precious metal; Purses, not of precious metal; Ruck sacks; School bags; School satchels; Schoolbags; Shoulder bags; Sling bags; Slouch handbags; Suit carriers; Sun umbrellas; Synthetic fur; Tie cases; Tote bags; Travel bags; Travel baggage; Travel cases; Traveling bags; Travelling bags; Vanity cases, not fitted; Waist bags; Waist pouches; Wallets and wallet inserts; Wallets including card holders; Wallets made of leather or other materials; Weekend bags; Wheeled bags; Wheeled duffle bags; Wheeled messenger bags; Wheeled tote bags; Wrist or ankle mounted wallets; Wristlet bags
- Dec 28, 2023: Ridge Wallet patents Compact Wallet
- Nov 17, 2021: Pakt raises $2 million in funding.
- Apr 19, 2019: Anson Calder raises $3 million in funding.