Table of Contents
Bag and baggage: Import competition will hamper industry recovery
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.
Apparel Knitting Mills in the US
Men's & Boys' Apparel Manufacturing in the US
Women’s, Girls’ and Infants’ Apparel Manufacturing in the US
Shoe & Footwear Manufacturing in the US
Global Handbag & Purse Manufacturing
Get Industry Insights. Simply.
Talk to Veronica
+1 718 514 2762
About Luggage Luggage and related luggage products are increasingly moving away from having only utilitarian value to functioning as fashion accessories. Luggage products have been gaining consumer interest ...
In China, the disposable income of residents has increased, as well as requirements on travelling and daily life. Therefore, the demand for backpacks grows greatly, although no strong brands have been ...
Western Europe is home to many of the world’s top luxury brands, but the region has been vulnerable to an extremely challenging economic environment over the past decade. With local consumers forced ...