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Hiking & Outdoor Equipment Stores in the US: Market Research Report

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

Hiking & Outdoor Equipment Stores Market Research Report | Consumer Goods & Services | Lifestyle Goods Stores | Aug 2013

Climbing high: Revenue trends upward as Americans spend more time in the outdoors

IBISWorld’s Hiking & Outdoor Equipment Stores 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
Patagonia Patagonia market share
REI REI market share
VF Corporation VF Corporation market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 08-13
2.1%
Annual Growth 13-18
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Profit
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Employment
22,823
Businesses
1,530
Industry Analysis & Industry Trends

Over the next five years, as total recreation expenditure expands, demand at hiking and outdoor equipment is anticipated to grow. Nonetheless, external competition will remain a challenge as hiking and outdoor equipment becomes increasingly pervasive in other stores, a trend of the past five years. During that time, major companies like REI and Pategonia responded to rising competition by capitalizing on staff expertise and in-house manufacturing capabilities to attract consumers. For example, these companies focus more on in-store events like classes, book signings and movie screenings to bring consumers in to explore their products.... purchase to read more

Industry Report - Starting a New Business Chapter

New entrants into this industry typically have a particular passion that remains their focus, be it on a genre of outdoors activities or a new innovate product, providing an inroad to the industry. For example, LL Bean began with footwear and remains a prominent retailer of outdoors footwear. However, differing from much of the standard retail sector, prospective entrants into this industry are faced with particularly high start-up costs. Industry retail stores require a large amount of square footage in order to properly display this industry's particularly unwieldy products. Major player Patagonia, for example, estimates that opening one of its stores costs nearly $2.0 million... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hiking & Outdoor Equipment Stores Industry?

Retailers in this industry primarily sell hiking and outdoor sports equipment, with a specific focus on camping and hiking supplies. Specialty sports stores, like golf, paddle sport or ski shops, general sports stores and online-only retailers are excluded from the industry.

Industry Products
ApparelEquipment and gearFootwear
 
Industry Activities
Retailing outdoor sports apparel and accessoriesRetailing outdoor sports footwearRetailing outdoor sports equipment and accessories


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