Industry Description
This industry comprises establishments known as luggage and leather goods stores primarily engaged in retailing new luggage, briefcases, and trunks, or retailing these new products in combination with a general line of leather items (except leather apparel), such as belts, gloves, and handbags.
Cross-References. Establishments primarily engaged in--
Business Examples
Common types of business activities within NAICS 448320 - Luggage and Leather Goods Stores are:
- Luggage stores
- Leather goods stores
IBISWorld Industry Research Report
Handbag, Luggage & Accessory Stores in the US (45832)
Revenue 2025
$35.8bn
Growth 2025
4.57%
Key Trends
Despite growth, industry revenue has been pressured by heightened levels of competition
Travel has paved the way for product innovation within the industry
There is an expected surge in the number of fashion rental companies
Products and Services
Similar Industries
For some business types, there may be a similar industry to 448320 - Luggage and Leather Goods Stores that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Retailing single or combination lines of new clothing accessories (e.g., gloves, handbags, or leather belts)--are classified in Industry 448150, Clothing Accessories Stores; and
IBISWorld industry research report
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NAICS Cross Reference
Retailing new leather coats--are classified in Industry 448190, Other Clothing Stores.
IBISWorld industry research report
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NAICS Cross Reference
Retailing used luggage and leather goods--are classified in Industry 453310, Used Merchandise Stores;
IBISWorld industry research report
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NAICS Cross Reference
Retailing luggage and leather goods via electronic home shopping, mail-order, or direct sale--are classified in Subsector 454, Nonstore Retailers;
IBISWorld industry research report
NAICS Hierarchy 448320 - Luggage and Leather Goods Stores
NAICS Code 448320 - Luggage and Leather Goods Stores sits in the 2-digit Luggage and Leather Goods Stores sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 44-45
Sector Title: Retail Trade
3 Digits 4 Digits 5 Digits 6 Digits
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4411 Automobile Dealers
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44111 New Car Dealers
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44112 Used Car Dealers
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4412 Other Motor Vehicle Dealers
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44121 Recreational Vehicle Dealers
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44122 Motorcycle, Boat, and Other Motor Vehicle Dealers
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4413 Automotive Parts, Accessories, and Tire Stores
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44131 Automotive Parts and Accessories Stores
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44132 Tire Dealers
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4421 Furniture Stores
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44211 Furniture Stores
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4422 Home Furnishings Stores
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44221 Floor Covering Stores
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44229 Other Home Furnishings Stores
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4431 Electronics and Appliance Stores
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44314 Electronics and Appliance Stores
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4441 Building Material and Supplies Dealers
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44411 Home Centers
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44412 Paint and Wallpaper Stores
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44413 Hardware Stores
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44419 Other Building Material Dealers
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4442 Lawn and Garden Equipment and Supplies Stores
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44421 Outdoor Power Equipment Stores
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44422 Nursery, Garden Center, and Farm Supply Stores
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4451 Grocery Stores
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44511 Supermarkets and Other Grocery (except Convenience) Stores
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44512 Convenience Stores
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4452 Specialty Food Stores
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44521 Meat Markets
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44522 Fish and Seafood Markets
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44523 Fruit and Vegetable Markets
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44529 Other Specialty Food Stores
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4453 Beer, Wine, and Liquor Stores
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44531 Beer, Wine, and Liquor Stores
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4461 Health and Personal Care Stores
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44611 Pharmacies and Drug Stores
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44612 Cosmetics, Beauty Supplies, and Perfume Stores
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44613 Optical Goods Stores
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44619 Other Health and Personal Care Stores
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4471 Gasoline Stations
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44711 Gasoline Stations with Convenience Stores
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44719 Other Gasoline Stations
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4481 Clothing Stores
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44811 Men's Clothing Stores
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44812 Women's Clothing Stores
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44813 Children's and Infants' Clothing Stores
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44814 Family Clothing Stores
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44815 Clothing Accessories Stores
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44819 Other Clothing Stores
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4482 Shoe Stores
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44821 Shoe Stores
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4483 Jewelry, Luggage, and Leather Goods Stores
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44831 Jewelry Stores
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44832 Luggage and Leather Goods Stores
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Similar Industries Niche and Emerging
IBISWorld provides research on hundreds of niche and emerging industries, including the following for 448320 - Luggage and Leather Goods Stores.
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