2024 Leather & Allied Product Manufacturing Industry Statistics Report

Leather & Allied Product Manufacturing - Market Size and Industry Forecast

The 2024 Leather and Allied Product Manufacturing 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 Leather & Allied Product Manufacturing 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.

Leather & Allied Product Manufacturing - 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 Leather & Allied Product Manufacturing companies in the United States.

Leather & Allied Product Manufacturing Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesLeather & Allied Product Manufacturing
Small Business (< 5 Employees)


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

Leather & Allied Product Manufacturing - 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

Leather & Allied Product Manufacturing - 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

Leather & Allied Product Manufacturing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%


General and Operations Managers2%
Business and Financial Operations Occupations5%
Office and Administrative Support Occupations11%
Installation, Maintenance, and Repair Occupations5%
Production Occupations63%
Supervisors of Production Workers6%
First-Line Supervisors of Production and Operating Workers6%
First-Line Supervisors of Production and Operating Workers6%
Assemblers and Fabricators10%
Miscellaneous Assemblers and Fabricators10%
Assemblers and Fabricators, All Other, Including Team Assemblers10%
Textile, Apparel, and Furnishings Workers38%
Sewing Machine Operators11%
Sewing Machine Operators11%
Shoe and Leather Workers23%
Shoe and Leather Workers and Repairers12%
Shoe Machine Operators and Tenders12%
Other Production Occupations10%
Cutting Workers12%
Cutters and Trimmers, Hand5%
Cutting and Slicing Machine Setters, Operators, and Tenders7%
Miscellaneous Production Workers11%
Helpers--Production Workers6%
Transportation and Material Moving Occupations5%
Material Moving Workers11%
Laborers and Material Movers, Hand9%
Machine Feeders and Offbearers6%

Government Contracts

In the past, the federal government spent an annual total of $30,827,485 on the leather & allied product manufacturing industry. It has awarded 1,708 contracts to 245 companies, with an average value of $125,826 per company.

Leather & Allied Product Manufacturing and Adjacent Industries - Top Companies

($ Millions)


Leather & Allied Product Manufacturing Industry Research
GeographyUnited States  
Publication DateJuly 2024
Report FormatPDF Download  PDF

Related Market Research Reports

Leather & Allied Product Manufacturing
Leather & Hide Tanning & Finishing
Women's Shoe & Footwear Manufacturing
House Slipper Manufacturing
Shoe & Footwear Manufacturing
Men's Shoe & Footwear Manufacturing
Rubber & Plastics Footwear Manufacturing
Women's Handbag & Purse Manufacturing
Leather Accessories Manufacturing
Luggage Manufacturing