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Hunting & Trapping in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hunting & Trapping Market Research Report | NAICS 11421 | Apr 2014

Flying south: Industry activity falls as people move to the city and opt for other entertainment

IBISWorld’s Hunting & Trapping market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$499m
Annual Growth 09-14
1.3%
Annual Growth 14-19
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Profit
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Employment
14,672
Businesses
13,585
Industry Analysis & Industry Trends

Stringent government regulations, urban sprawl and migration to cities have limited the overall growth of this industry. In addition, slow demand growth and increased competition have resulted in stagnant profitability for commercial hunters and trappers over the past five years. Consequently, operators have steadily exited this industry. Nevertheless, hunting and fishing preserves, which are attracting avid recreational hunters with strong disposable incomes, will support industry growth over the five years... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Hunting and Trapping industry is in decline, evidenced by the decrease in hunting participation over the past 25 years, despite a moderate increase in the number of active hunters 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 1.9% over the 10 years to 2019. US GDP is forecast to grow at the faster annualized rate of 2.7% during the same period. As a result, this industry's importance to the economy is falling, which indicates a declining industry.

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

 


Industry ProductsRelated ReportsTable of Contents

What is the Hunting & Trapping Industry?

This industry includes commercial trappers, commercial game preserves (such as game retreats), hunting preserves, fishing preserves and game propagation companies. Hunting with the intent to sell animal carcasses is illegal according to federal law. Exceptions include the hunting of reptiles, amphibians and fish, as well as the sale of antlers, hides and other specific animal parts obtained via hunting.

Industry Products
Commercial trappingHunting and game preservesFishing preserves
 
Industry Activities
Commercial animal trappingOperating fishing preservesOperating commercial game preservesOperating game propagation facilitiesOperating game retreatsOperating hunting preserves


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