2025 Luggage & Leather Goods Stores Industry Report

Industry Overview

This industry comprises establishments known as luggage and leather goods stores primarily engaged in retailing new luggage, briefcases, and trunks, or retailing these new products in combination with a general line of leather items (except leather apparel), such as belts, gloves, and handbags.
Source: US Census Bureau

Market Size and Industry Forecast

The Luggage and Leather Goods Stores industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Luggage & Leather Goods Stores industry.

HistoricalForecasted
20202021202220232024202520262027202820292030
Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Luggage & Leather Goods Stores companies in the United States.

Luggage & Leather Goods Stores Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesLuggage & Leather Goods Stores
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Luggage & Leather Goods Stores Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Luggage & Leather Goods Stores Industry Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

All other merchandise
Luggage & leather goods
Women's, juniors', and misses' wear, including accessories
Kitchenware & home furnishings
All nonmerchandise receipts
Giftware & glassware, including vases
Men's wear, including accessories
Souvenirs & novelty items
Stationery products

Luggage & Leather Goods Stores Industry Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%

Chief Executives0%
General and Operations Managers3%
Sales and Related Occupations74%
Supervisors of Sales Workers10%
First-Line Supervisors of Sales Workers10%
First-Line Supervisors of Retail Sales Workers10%
Retail Sales Workers64%
Retail Salespersons62%
Retail Salespersons62%
Office and Administrative Support Occupations9%
Production Occupations9%
Other Production Occupations9%
Jewelers and Precious Stone and Metal Workers9%
Jewelers and Precious Stone and Metal Workers9%

Government Contracts

The federal government spent an annual total of $112,848 on the luggage & leather goods stores industry. It has awarded 8 contracts to 5 companies, with an average value of $22,570 per company.

Top Companies in Luggage & Leather Goods Stores and Adjacent Industries

CompanyAddressRevenue
($ Millions)



Report Objectives

For Private Equity Firms & Investors

  • Analyze unbiased statistics for the Luggage & Leather Goods Stores market
  • Review historical and forecasted growth trends
  • Benchmark companies against the industry average

For Business Executives

  • Develop a strategy based on concrete statistics
  • Identify opportunities based on market size and growth rates

For Startups

  • Get the information you need for the "Market Analysis" section of your business plan
  • Show market size in the U.S. and by state

For Venture Capital

  • Understand market opportunity and current size
  • Evaluate the market potential of a disruptive technology in the Luggage & Leather Goods Stores industry



Buy the Luggage & Leather Goods Stores Report
GeographyUnited States
Publication DateFebruary 2025
Report FormatPDF Download  PDF
Price
$995
Industry Report Contents
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