How large is the handbag industry?
- Thread starter mg1000
- Start date
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
From http://www.marketresearch.com/map/prod/1488412.html
WOMEN'S HANDBAG AND PURSE MANUFACTURING INDUSTRY
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.
SCOPE
Handbags, women's, all materials (except precious metal), manufacturingLeather handbags and purses manufacturingPurses (except precious metal), women's, manufacturing
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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 now................so, I will show him the above post because I know he'll find that very interesting!!