Straight shot: As available free-to-use hunting land shrinks, industry demand will increase

The commercial trapping segment of the Hunting and Trapping industry has experienced a steady decline during the five-year period, largely due to declining demand for fur, strong competition from fur farms and the proliferation of substitute artificial fur. Over the past five years to 2018, per capita disposable income has increased, enabling more consumers to make discretionary purchases on hunting and fishing excursions. Similarly, the number of domestic trips taken by US residents has risen, indicating that US consumers are increasingly willing to travel for leisure activities, such as hunting and fishing. Moving forward, the industry will contend with the prospect of long-term stagnation...purchase to read more.

Industry Statistics & Market Size
Revenue
$686m
Annual Growth 13-18
1.3%
Forecast Growth 18-23
Profit
Employment
15,584
Businesses
14,368
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Commercial trapping is expected to continue declining due to growing competition from fur farms and artificial fur
  • Despite recent growth in industry revenue the industry continues to exhibit a low level of market share concentration
  • Total industry revenue is not expected to decline due to strong demand from certain customer bases
  • Industry Report - Industry Investment Chapter

    Capital intensity can vary significantly among the different operating segments of the Hunting and Trapping industry. For example, large hunting preserves often experience a relatively high degree capital intensity due to the need for building construction, fencing and vehicles. Small independent trappers have minimal capital costs. This industry is characterized by a moderate level of capital intensity. Labor costs on preserves, while lower than labor costs for independent trappers, are also quite high relative to other agricultural industries. Hunting and game preserves require labor to maintain the expansive lands they occupy as well as to serve as guides for the hunters that hunt on their property. Som...purchase to read more.

    Additional Insights for the Hunting & Trapping Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hunting & Trapping Industry are

  • Ability to accommodate environmental requirements
  • Access to the necessary amount of land/type of property
  • Must have license
  • IBISWorld analysts also discuss how external factors such as Urban population and Time spent on leisure and sports in the Hunting & Trapping industry impact industry performance..

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    What's in this report

    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 trapping
  • Hunting and game preserves
  • Fishing preserves
  • Industry Activities
  • Commercial animal trapping
  • Operating fishing preserves
  • Operating commercial game preserves
  • Operating game propagation facilities
  • Operating game retreats
  • Operating hunting preserves
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Urban population
  • Time spent on leisure and sports
  • Domestic trips by US residents
  • Per capita disposable income

  • Current Performance
  • Rising demand for preserve services
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Niche markets
  • Long-term decline
  • Negative publicity
  • Table: Hunting & Trapping Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Hunting & Trapping Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Costume & Team Uniform Manufacturing
  • Leather Tanning & Finishing
  • Sports Coaching
  • Consumers

  • Key Selling Industries
  • Athletic & Sporting Goods Manufacturing
  • Farm Supplies Wholesaling
  • Food Service Contractors
  • Guns & Ammunition Manufacturing
  • Sporting Goods Stores
  • Sports Coaching

  • Products & Services
  • Hunting and game preserves
  • Fishing preserves
  • Commercial trapping
  • Chart: Hunting & Trapping Industry Products and Services Segmentation

  • Demand Determinants
  • Leisure time and per capita income
  • Community attitudes
  • Industry regulation

  • Major Markets
  • Hunters and anglers earning between $75,000 and $149,999
  • Hunters and anglers earning between $35,000 and $74,999
  • Hunters and anglers earning less than $35,000
  • Fur markets
  • Hunters and anglers earning $150,000 or more
  • Chart: Major Market Segmentation for the Hunting & Trapping Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Depreciation
  • Marketing, rent and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Hunting & Trapping

  • Basis of Competition
  • Internal Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Hunting & Trapping Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Hunting & Trapping Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Hunting & Trapping Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Per capita disposable income (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Angler
  • A person who fishes with a rod and line.
  • Bird Surrogator
  • A device that provides game bird chicks with food, water and warmth into order to raise them to be able to be released on a hunting and game preserves.
  • Canned Hunt
  • A hunt in which the animal being hunted is kept in a fenced-in area, increasing the chances that the animal will be killed.
  • Fair Chase
  • Hunting in a way that does not give the hunter an unfair advantage over the animal being hunted.
  • Migratory Bird
  • A bird that is of a nomadic nature and does not stay in one place.
  • Pelt
  • The hair, fur or wool that covers an animal's skin that has been stripped off the animal.
  • Preserve
  • In the context of this industry, it is a maintained private area that is stocked with game or fish.
  • Sportsmen
  • Individual who participates in hunting or fishing.
  • Trapper
  • An individual who traps animals for their fur.
  • What Our Customers Say

    Why buy this report?

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    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
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    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Hunting & Trapping market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

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