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Bag and baggage: Import competition will hamper industry recovery



Abstract

Leather Good & Luggage Manufacturing in the US

The Leather Good and Luggage Manufacturing industry is going through a transition period. Although reshoring manufacturing is an emerging phenomenon and manufacturing competitiveness of the United States has improved, this industry has suffered enormously over the past five years. Uncertain economic conditions, exchange rate dynamics and competition from inexpensive Chinese imports and high-quality European brands have kept this industry from recovering from the recession. Much of the industry's operations have already moved to low-cost foreign countries, meaning that the remaining operations will increasingly produce high-value products. The reshoring movement is also expected to boost industry revenue over the next five years, as more companies bring parts of their manufacturing operations back to the United States.

Operators in this industry primarily manufacture clothing accessories, including belts, hats, luggage, handbags, wallets and various other leather and nonleather goods and accessories.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Leather Good and Luggage Manufacturing in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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