2024 Luggage Manufacturing Industry Research Report

Luggage Manufacturing - Market Size and Industry Forecast

The 2024 Luggage 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 luggage manufacturing industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% 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 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 Luggage Manufacturing companies in the United States.

Luggage Manufacturing Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesLuggage Manufacturing
Small Business (< 5 Employees)

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

Luggage 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

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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


Luggage Manufacturing - Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios

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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 Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Luggage manufacturing

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Luggage

Suitcases/briefcases/garment bags, leather/textile/vinyl/plastic

Suitcases

Travel bags, excluding suitcases

Garment bags (suit bags)

Sports bags, inc. for a particular sport/general purpose gym bag.

Backpacks (daypacks)

Computer bags

Business cases (including attaches, briefcases, and portfolios)


Luggage Manufacturing - Compensation and Salary Surveys

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

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General and Operations Managers3%
Office and Administrative Support Occupations12%
Production Occupations69%
Assemblers and Fabricators11%
Miscellaneous Assemblers and Fabricators11%
Assemblers and Fabricators, All Other, Including Team Assemblers11%
Textile, Apparel, and Furnishings Workers41%
Sewing Machine Operators23%
Sewing Machine Operators23%
Shoe and Leather Workers15%
Shoe and Leather Workers and Repairers15%
Other Production Occupations8%

Luggage Manufacturing and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Luggage Manufacturing Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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