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NAICS Code· 316992

NAICS 316992: Women's Handbag and Purse Manufacturing

NAICS 316992 - Women's Handbag and Purse Manufacturing covers the production of handbags, purses, and similar carrying accessories specifically designed for women. This industry involves the fabrication of goods from various materials, including leather, synthetic fabrics, and textiles, utilizing specialized sewing and assembly processes.

4
Active Contracts
+0.0%
YoY Growth

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 316992.

AI Industry Description

NAICS 316992 - Women's Handbag and Purse Manufacturing covers the production of handbags, purses, and similar carrying accessories specifically designed for women. This industry involves the fabrication of goods from various materials, including leather, synthetic fabrics, and textiles, utilizing sp...

NAICS 316992 - Women's Handbag and Purse Manufacturing covers the production of handbags, purses, and similar carrying accessories specifically designed for women. This industry involves the fabrication of goods from various materials, including leather, synthetic fabrics, and textiles, utilizing specialized sewing and assembly processes. In the context of government contracting, this code typically applies to the procurement of specialized gear, uniforms, or accessory components required for specific agency missions or personnel requirements.

Competition

How many companies historically bid on federal awards in NAICS 316992, from bidder counts reported on USAspending.

Too few awards in NAICS 316992 report bidder counts (17 of 17) to summarize competition. The broader industry family below gives the closest honest picture.

How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.

Industry FamilyCompetitionMedian BiddersSingle-BidBidder MixReported Awards
316992This Code
Women's Handbag and Purse Manufacturing
Not enough reported data
17100% of 17
31699NAICS Industry
Fewer Bidders242%
14,37663% of 22,759
3169Industry Group
Other Leather and Allied Product Manufacturing
Fewer Bidders242%
14,37663% of 22,759
316Subsector
Usually Single-Bid161%
54,13179% of 68,718
31Sector
Manufacturing
Fewer Bidders240%
1,478,76516% of 9,263,130

Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.

Related NAICS Codes

Industries similar to Women's Handbag and Purse Manufacturing, by shared sector, subsector, and industry group.

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NAICS 316992 FAQ

Frequently Asked Questions

NAICS code 316992 stands for Women's Handbag and Purse Manufacturing. It is a North American Industry Classification System code used by the federal government to classify business activity for procurement and contracting purposes.

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