How large is the handbag industry?

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  1. I was just wondering is handbags an industry that does a hundred million in sales a year? billions a year? more? I love numbers and have always wondered :smile:
  2. From


    The industry's revenue for the year 2006 was approximately $500,000,000. The gross profit was 34.68% at $173,400,000. There were 104 establishments in this industry that year. Thus, average contribution (or revenue) per establishment annually was $4,778,000.

    The total import export value for the year 2006 was $2,767,909,000. There were 144 countries that conducted foreign trade with the U.S. in 2006, 8 more than year 2005. The top trading countries were: China, $1,735,374,000 (62.70%); Italy, $398,923,000 (14.41%); France, $186,368,000 (6.73%); Japan, $96,102,000 (3.47%); and Hong Kong, $60,314,000 (2.18%). Their combined total represents approximately 89% of all imports and exports.

    The total import value for the year 2006 was $2,399,674,000. This represents a 5.3% increase from year 2005. The U.S. had imported industry related merchandises from 114 countries in 2006. The top importing countries were: China, $1,619,247,000 (67.48%); Italy, $386,099,000 (16.09%); France, $182,649,000 (7.61%); Hong Kong, $40,103,000 (1.67%); and India, $35,627,000 (1.48%). Their combined total represents approximately 94% of import from all countries.

    The total export value for the year 2006 was $226,715,000. This represents a 2.6% increase from year 2005. The U.S. had exported industry related merchandises to 102 countries in 2006. The top exporting countries were: Japan, $95,436,000 (42.10%); Canada, $29,438,000 (12.98%); Korea, $19,448,000 (8.58%); Hong Kong, $17,032,000 (7.51%); and Mexico, $10,062,000 (4.44%). Their combined total represents approximately 76% of export to all countries.

    Adding the import and subtracting the export, the total U.S. consumption value of this industry for the year was $2,673,000,000.


    Handbags, women's, all materials (except precious metal), manufacturingLeather handbags and purses manufacturingPurses (except precious metal), women's, manufacturing


    This industry report packs 10 years of data from hundreds of reliable government and private statistical resources. The data have been compared and verified to assure the highest research quality. Supplier Relations US, LLC. frequently contacted these agencies and private companies to acquire the latest information, most of which is unavailable to the general public. It is estimated that to gather and organize the same information into an easy-to-read format in each report, an individual researcher would spend at least a year’s worth of effort. The challenge is, by the time this is accomplished, some data is most likely obsolete. Our business is dedicated to the research of U.S. industries and their associated foreign trades. We can meet that challenge easily as our databases are directly linked to these resources.

    The U.S. manufacturing sector is expected to hit the monumental 5 trillion dollars net sales in 2006. U.S. economists have projected another 5% to 7% growth in the year 2007. To stay ahead, this industry report is intended for you to analyze the specific U.S. industry in greater detail. Not only does the report provide you with information on domestic production, it also supplies you with an industry’s import and export data. The report depicts what are the products of the industry and their respective contributions. You can compare these products with the industry’s materials, parts and components list that is in the report. The foreign trade data includes 10-years of statistics, and it is projected into year 2008. Such trade data is also provided at the commodity level based on the HTS classification.

    For more information, please also refer to the Table of Contents.
  3. Thats excellent information, thanks so much :smile:
  4. Just as a little observation from my husband today, who went with me to the local mall for a few hours.......out of every woman that he observed, only one did not carry a handbag. He mentioned this to me today because I was shopping for one (a Kooba), and he couldn't believe how important bags are to me, but he understands, I will show him the above post because I know he'll find that very interesting!!:biggrin: