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Hiking & Outdoor Equipment Stores: Market Research Report

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

Hiking & Outdoor Equipment Stores Market Research Report | NAICS OD4378 | Jan 2017

Climbing high: Revenue trends upward as recreational spending rises

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
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Steadily expanding recreation expenditure has supported industry sales
  • Companies target niche markets and offer in-store classes to stay competitive
  • The industry's many marketing tactics are expected to boost profit expansion
  • ... purchase to read more

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 Locations Chapter

As with most retail industries, the location of establishments in this industry relates to the region's population and consumer demand levels. This, in turn, affects the employment levels and wage costs of each region. In theory, the greater the number of residents, the stronger the demand for industry products and the need to operate stores in those regions.

The Hiking and Outdoor Equipment Stores industry is concentrated in the Southeast and West regions, which account for 23.5% and 17.6% of industry establishments, respectively. These are also the regions with the highest populations.

The New England and Plains regions account for the smallest shares of industry establishments. The number of establishments in the Plains region (7.4%),.. ... purchase to read more

Additional Insights for the Hiking & Outdoor Equipment Stores Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hiking & Outdoor Equipment Stores Industry are

  • Ability to alter goods and services produced in favor of market conditions
  • Having a good reputation
  • Having a good technical knowledge of the product
  • IBISWorld analysts also discuss how external factors such as External competition for the Sporting Goods Stores industry and Total recreation expenditure in the Hiking & Outdoor Equipment Stores industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    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

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • External competition for the Sporting Goods Stores industry
  • Total recreation expenditure
  • Participation in sports
  • Per capita disposable income
  • Current Performance
  • Competition ramps up
  • Market appeal
  • Online outreach
  • Chart: Revenue Growth
  • Industry Outlook
  • Outdoor recreation
  • Competitive pressures
  • Table: Hiking & Outdoor Equipment Stores Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Hiking & Outdoor Equipment Stores Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Athletic & Sporting Goods Manufacturing
  • Footwear Wholesaling
  • Men's & Boys' Apparel Wholesaling
  • Sporting Goods Wholesaling
  • Women's & Children's Apparel Wholesaling
  • Products & Services
  • Apparel
  • Equipment and gear
  • Footwear
  • Other
  • Chart: Hiking & Outdoor Equipment Stores Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Consumers earning $40,000 to $69,999
  • Consumers earning $70,000 or more
  • Consumers earning $20,000 to $39,000
  • Consumers earning $10,000 to $19,999
  • Consumers earning less than $10,000
  • Chart: Major Market Segmentation for the Hiking & Outdoor Equipment Stores Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Hiking & Outdoor Equipment Stores
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Hiking & Outdoor Equipment Stores Industry
  • Industry Globalization
    Major Companies
    VF Corporation
  • Table: REI - financial performance
  • Table: Patagonia - financial performance
  • Table: VF Corporation - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Hiking & Outdoor Equipment Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Hiking & Outdoor Equipment Stores Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Participation in sports (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
  • A store that has a physical presence and location, as opposed to an online retailer.
  • Carabiner
  • A metal ring with a spring-hinged side that is used to secure freely running rope by mountain and rock climbers.
  • E-Tailer
  • A retailer that primarily sells goods and services via the internet.
  • Electronic Data Interchange (Edi)
  • The transmission of data between businesses from one computer system to another.
  • Point Of Sale (Pos)
  • A system used at checkout in retail stores using computers and cash registers to capture transaction data at the time and place of sale.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Hiking & Outdoor Equipment Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • 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 Hiking & Outdoor Equipment Stores 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

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Hiking & Outdoor Equipment Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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