2024 Luggage & Leather Goods Stores Industry Statistics Report

Luggage & Leather Goods Stores - Market Size and Industry Forecast

The 2024 Luggage and Leather Goods Stores Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Luggage & Leather Goods Stores industry.

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
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

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.

Luggage & Leather Goods Stores - 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 - 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



Depreciation and Amortization

Officer Compensation

Net Income

Luggage & Leather Goods Stores - 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
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Luggage & Leather Goods Stores - 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 - 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

In the past, 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.

Luggage & Leather Goods Stores and Adjacent Industries - Top Companies

($ Millions)


Luggage & Leather Goods Stores Industry Research
GeographyUnited States  
Publication DateJuly 2024
Report FormatPDF Download  PDF

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