Industry Analysis & Industry Trends
Over the past five years, overall demand for industry services has remained relatively stable. While demand for fur collected from commercial trappers has continued its long-term decline, demand for hunting preserve services has increased. The Hunting and Trapping industry is expected to grow at a slower rate in the five years to 2020. Projected growth in per capita disposable income and an increase in the anticipated number of domestic trips taken in the United States are expected to bring more customers to hunting and fishing preserves, garnering these establishments a continued stable revenue stream. However, the number of active hunters is expected to continue declining... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Hunting and Trapping industry is in the mature stage of its lifecycle, evidenced by the decrease in new hunting participation over the past 25 years, and moderate increase in revenue over the past five years. Industry value added, which measures an industry's contribution to the overall economy, is projected to grow at the average annual rate of 2.6% over the 10 years to 2020. US GDP is forecast to grow at a similar annualized rate of 2.5% during the same period.
The commercial trapping segment of this industry has long been in decline. Trappers were once major suppliers of fur for apparel manufacturing... purchase to read more