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2018 Market Research Report on Luggage Manufacturing Industry

Current Research on the Luggage Manufacturing Industry

This section provides answers to fundamental and critical questions about the industry:
  1. What is the total market size ($ millions)?
  2. What is the Luggage Manufacturing industry outlook?
  3. Has the market grown or declined?
  4. What is the market growth rate?
  5. Are long term forecasts positive or negative?
  6. What is the industry size and average company size?
  7. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. market size for the Luggage Manufacturing industry: statistics cover all companies, both public and private. In addition to total revenue, the industry research provides details on employees, companies, and average firm size in the sector. Use this market information to research and analyze growth rates and the Luggage Manufacturing industry trends and market outlook based on quantitative research and economic data.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast - Luggage Manufacturing[PREMIUM]

Market forecasts show the long term industry outlook & Luggage Manufacturing future growth trends. The following five-year forecast utilizes advanced economics and statistics to project both short-term and long-term market growth and outlook. The industry outlook can be used to set a strategy applicable to economic realities.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Luggage Manufacturing industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description Sales ($ millions) Percent of Total Sales

Industry Total

All Other Leather Good And Allied Product Manufacturing

Luggage (Including Suitcases, Travel Bags, Backpacks, And Other Types)

Personal Leather Goods (Excluding Women's Handbags And Purses)

Boot And Shoe Cut Stock And Findings

All Other Miscellaneous Leather Goods

All Other Leather Good And Allied Product Manufacturing, Not Categorized, Total

Other Secondary Products

Total Miscellaneous Receipts

Resales - Sales Of Products Bought And Sold Without Further Manufacture, Processing, Or Assembly

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 market share than average.

U.S. map of Luggage Manufacturing by state

Market Trends for Luggage Manufacturing

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Luggage Manufacturing companies will put a downward pressure on prices. The chart shows how prices are changing within the , month-to-month over the last three years.

price index trends

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 AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
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
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis - Luggage Manufacturing

Financial ratio information can be used to benchmark how a company in the industry compares relative to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation Ratios - Luggage ManufacturingIndustry 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 Manufacturing 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 Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity Ratios - Luggage ManufacturingIndustry 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 IndicatorsIndustry 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.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 5%

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General and Operations Managers2%
Office and Administrative Support Occupations 13%
Production Occupations 66%
Textile, Apparel, and Furnishings Workers 44%
Sewing Machine Operators 24%
Sewing Machine Operators 24%
Shoe and Leather Workers 18%
Shoe and Leather Workers and Repairers 17%
Other Production Occupations 12%
Miscellaneous Production Workers 6%
Transportation and Material Moving Occupations 6%
Material Moving Workers 5%
Source: Bureau of Labor Statistics

Companies in Luggage Manufacturing and Similar Industries[PREMIUM]

Luggage Manufacturing market research identifies top companies with the largest estimated market share. Information includes corporate earnings and public company ticker symbols where available.

CompanyAddressRevenue Estimate

Public Luggage Manufacturing Company News

Web scan for recent news about public companies. Luggage Manufacturing market research on key company news, and Luggage Manufacturing statistics.

The market size analysis identifies the overall sales data within the industry. Statistics break down facts about companies within the market.

Government Contracts Related to Luggage Manufacturing

In 2016, the federal government spent a total of $8,333,272 on Luggage Manufacturing. It has awarded 397 contracts to 85 companies, with an average value of $98,038 per company.   

Top government vendors:

CompanyFederal ContractsTotal Award Amount

Segments classified within this market research report

This market research report includes companies whose primary business is any of the following:
Whips, horse, manufacturing, Cut stock for boots and shoes manufacturing, Novelties, leather (e.g., cigarette lighter covers, key fobs), Seatbelts, leather, Bags (i.e., luggage), all materials, Leggings, welder's, Quarters (i.e., shoe cut stock), Boot and shoe cut stock and findings, Cigarette cases (except metal) manufacturing, Collars and collar pads (i.e., harness) manufacturing, Cases, jewelry (except metal), Jackets, Stays, shoe, Checkbook covers, (except metal), Toe caps, Uppers (i.e., Toilet kits and cases (except metal) manufacturing, Riding crops manufacturing, Eyeglass cases, Dog furnishings (e.g., collars, harnesses, leashes, muzzles), Compacts, solid leather, Watch bands (except metal) manufacturing, Valises, Vanity cases, Camera carrying bags, Feed bags for horses manufacturing, Tongues, boot and shoe, Saddles and parts, Belting for machinery, Harnesses and harness parts, Boxes, hat (except paper or paperboard), Box toes (i.e., Wallets (except metal) manufacturing, Mill strapping for textile mills, Laces (e.g., shoe), Card cases (except metal) manufacturing, Leather goods, small personal (e.g., coin purses, eyeglass cases, key cases), Key cases (except metal) manufacturing, Lifts, heel, Luggage, Tips, Billfolds, Musical instrument cases, Cosmetic bags (except metal) manufacturing, Collars, dog, Welders' aprons, Transmission belting, Trimmings, Belts, leather safety, Welders' jackets, leggings, and sleeves, Leashes, Heels, Linings, Lashes (i.e., whips) manufacturing, Trunks (i.e., Horse boots and muzzles manufacturing, Harnesses, Traveling bags, Satchels, Binocular cases manufacturing, Blacksmith's aprons, Vamps, Aprons, blacksmith's, welder's), Sewing cases (except metal) manufacturing, Purses (except precious metal), men's, musical instrument, luggage, Taps, Holsters, Leather luggage manufacturing, Counters (i.e., Rands (i.e., Straps, Textile leathers (e.g., apron picker leather, mill strapping) manufacturing, Belt laces, Spats, Shoe soles, Clasps, shoe (leather), Comb cases (except metal) manufacturing, Soles, Heel caps, leather or metal, Shanks, Bows, Findings, watch (except metal), Inner soles, Shoe kits (i.e., cases), Attache cases, Suitcases, Briefcases, Crops, riding, Whipstocks manufacturing, Corners, Razor strops manufacturing, Caps, heel and toe, Wardrobe bags (i.e., luggage) manufacturing, Handbags (except metal), Tobacco pouches (except metal) manufacturing, Top lifts, Desk sets, Sample cases, Leather belting manufacturing, Cigar cases (except metal) manufacturing, Heel lifts, Sleeves, Personal leather goods (e.g., small, Safety belts, Handles (e.g., whip), Bags, athletic, Leather welting manufacturing, Leather cut stock for shoe and boot manufacturing, Pegs, leather shoe, Coin purses (except metal) manufacturing, Aprons for textile machinery, etc.

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