2024 Gift Shops & Souvenir Stores Industry Research Report

Gift Shops & Souvenir Stores - Market Size and Industry Forecast

The 2024 Gift Shops and Souvenir 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 gift shops & souvenir stores 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.

Gift Shops & Souvenir 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 Gift Shops & Souvenir Stores companies in the United States.

Gift Shops & Souvenir Stores Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesGift Shops & Souvenir Stores
Small Business (< 5 Employees)

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

Gift Shops & Souvenir 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

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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


Gift Shops & Souvenir Stores - 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

Gift Shops & Souvenir Stores - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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All other merchandise
Souvenirs & novelty items
Seasonal decorations
Greeting cards
Kitchenware & home furnishings
Giftware & glassware, including vases
Children's wear, including boys', girls', infants' & toddlers'
All other kitchenware & home furnishings
Jewelry, including watches, watch attach, novelty jewelry

Gift Shops & Souvenir Stores - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%

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Chief Executives0%
General and Operations Managers2%
Sales and Related Occupations63%
Supervisors of Sales Workers8%
First-Line Supervisors of Sales Workers8%
First-Line Supervisors of Retail Sales Workers7%
Retail Sales Workers54%
Cashiers12%
Cashiers12%
Retail Salespersons42%
Retail Salespersons42%
Office and Administrative Support Occupations11%
Material Recording, Scheduling, Dispatching, and Distributing Workers5%
Transportation and Material Moving Occupations6%

Government Contracts

In the past, the federal government spent an annual total of $1,788,471 on the gift shops & souvenir stores industry. It has awarded 202 contracts to 39 companies, with an average value of $45,858 per company.

Gift Shops & Souvenir Stores and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Gift Shops & Souvenir Stores Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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