Industry Analysis & Industry Trends
It has been a tough race for sporting goods wholesalers over the past five years, though revenue is anticipated to benefit from renewed spending and demand over the next five-year period. Still, conditions will remain difficult, with an aging population and demand for sports that require less equipment on the rise. To keep on top of the game, players will need to implement new employment strategies and focus on new markets... purchase to read more
Industry Report - Industry Products Chapter
Hunting equipment revenue has increased, at an annualized rate of 8.5% since 2008 to about 22.2% of 2013 revenue. Although the number of people hunting is trending downward, according to statistics from the US Fish and Wildlife Service, the number of people hunting for recreational purposes is sliding less significantly. Indeed, sales of high-end hunting equipment are supporting a fast-growing niche of high-income sportsmen in the Hunting and Trapping industry (IBISWorld report 11421).
General exercise equipment
Exercise equipment revenue has also increased, growing at an annualized rate of 0.5% over the five years to 2013, making up 20.8% of industry revenue in 2013... purchase to read more