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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 | Nov 2014

Climbing high: Revenue trends upward as recreational spending rises

IBISWorld’s Hiking & Outdoor Equipment Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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
$4bn
Annual Growth 09-14
1.0%
Annual Growth 14-19
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Profit
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Employment
20,680
Businesses
3,061
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 - Industry Analysis Chapter

Despite escalating competition, the Hiking and Outdoor Equipment Stores industry has benefited from the rising popularity of outdoor recreational activities during the past five years. Based on the latest data from the Sports and Fitness Industry Association, overall participation in hiking across all major age groups rose at an average annual rate of 2.9% between 2007 and 2012. Furthermore, according to The Outdoor Foundation's latest research on overall participation in outdoor activities, hiking ranked among the top five most popular activities among all major demographics in 2013, with 17.0% of individuals aged six to twenty-four and 11.4% of individuals aged twenty-five and over participating in hiking activities over the year... 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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