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Hunting Apparel Market Size to Grow by USD 4.27 Bn at 4.11% CAGR | Driven by Increasing Online Sales | Technavio

NEW YORK, June 13, 2022 /PRNewswire/ -- Technavio's latest research report on the Hunting Apparel Market offers a comprehensive analysis on new product launches, the latest trends, and the post-pandemic impact on businesses. The hunting apparel market value is anticipated to grow by USD 4.27 billion at a CAGR of 4.11% during the forecast period.

Technavio has announced its latest market research report titled Hunting Apparel Market by Distribution Channel and Geography - Forecast and Analysis 2021-2025

Rising urbanization, hectic lifestyles, and increased health consciousness have created the need for destressing. This has increased peoples' engagement in leisure and outdoor activities such as hunting, which in turn, has increased the demand for hunting apparel. To capitalize on this growing interest, vendors in the market are expanding their product portfolios and offering effective hunting apparel to attract consumers. All these factors are fueling the growth of the global hunting apparel market.

To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Market Dynamics

Factors such as the rise in popularity of outdoor recreational activities and growing online sales for hunting apparel will drive the growth of the hunting apparel market during the forecasted period. However, regulations on hunting and hunting ban might hamper the market growth. Also, product innovation and product line extension leading to product premiumization is expected to open significant growth opportunities for market players.

To learn about additional key drivers, trends, and challenges available with Technavio. Read our Sample Report right now!

Company Profiles

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   

The hunting apparel market report provides complete insights on key vendors including:

  • BPS Direct LLC
  • Clarkfield Outdoors
  • DICKS Sporting Goods Inc.
  • Gamehide
  • KUIU Ultralight Hunting
  • ScoNZ Imports Ltd.
  • TOPGUN LTD.
  • Under Armour Inc.
  • VF Corp.
  • W. L. Gore & Associates Inc.

Download Our Sample Report for more vendor insights with product offerings & news

Competitive Analysis

The competitive scenario provided in the hunting apparel market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation
  • By Distribution Channel, the market is classified into offline and online. The market observed strong growth in the offline distribution channel segment.
  • By Geography, the market is analyzed across North America, Europe, APAC, MEA, and South America. North America will have the largest share of the market.

The offline segment will gain considerable market share in hunting apparel. By offline distribution channel, specialty stores retail format accounted for the greatest market share in the worldwide hunting apparel market. The expansion of this segment is being fueled by the increasing popularity of hunting gear and accessories specialized retail outlets.

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Hunting Apparel Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.11%

Market growth 2021-2025

$ 4.27 billion

Market structure

Fragmented

YoY growth (%)

3.69

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 49%

Key consumer countries

US, France, Spain, UK, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

BPS Direct LLC, Clarkfield Outdoors, DICKS Sporting Goods Inc., Gamehide, KUIU Ultralight Hunting, ScoNZ Imports Ltd., TOPGUN LTD., Under Armour Inc., VF Corp., and W. L. Gore & Associates Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents
1 Executive Summary
2 Market Landscape
  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Apparel, accessories and luxury goods market
3 Market Sizing
  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
  • 4.1 Five forces summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Distribution channel
  • 5.1 Market segments
    • Exhibit 15: Distribution channel - Market share 2020-2025 (%)
  • 5.2 Comparison by Distribution channel
    • Exhibit 16: Comparison by Distribution channel
  • 5.3 Offline - Market size and forecast 2020-2025
    • Exhibit 17: Offline - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Offline - Year-over-year growth 2020-2025 (%)
  • 5.4 Online - Market size and forecast 2020-2025
    • Exhibit 19: Online - Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Online - Year-over-year growth 2020-2025 (%)
  • 5.5 Market opportunity by Distribution channel
    • Exhibit 21: Market opportunity by Distribution channel
6 Customer landscape
7 Geographic Landscape
  • 7.1 Geographic segmentation
    • Exhibit 23: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 24: Geographic comparison
  • 7.3 North America - Market size and forecast 2020-2025
    • Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
  • 7.4 Europe - Market size and forecast 2020-2025
    • Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
  • 7.5 APAC - Market size and forecast 2020-2025
    • Exhibit 29: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
  • 7.6 MEA - Market size and forecast 2020-2025
    • Exhibit 31: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: MEA - Year-over-year growth 2020-2025 (%)
  • 7.7 South America - Market size and forecast 2020-2025
    • Exhibit 33: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: South America - Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 35: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 36: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 37: Impact of drivers and challenges
  • 8.3 Market trends
9 Vendor Landscape
  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 38: Vendor landscape
  • 9.3 Landscape disruption
    • Exhibit 39: Landscape disruption
    • Exhibit 40: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 41: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 42: Market positioning of vendors
  • 10.3 BPS Direct LLC
    • Exhibit 43: BPS Direct LLC - Overview
    • Exhibit 44: BPS Direct LLC - Product and service
    • Exhibit 45: BPS Direct LLC - Key offerings
  • 10.4 Clarkfield Outdoors
    • Exhibit 46: Clarkfield Outdoors - Overview
    • Exhibit 47: Clarkfield Outdoors - Product and service
    • Exhibit 48: Clarkfield Outdoors - Key offerings
  • 10.5 DICKS Sporting Goods Inc.
    • Exhibit 49: DICKS Sporting Goods Inc. - Overview
    • Exhibit 50: DICKS Sporting Goods Inc. - Business segments
    • Exhibit 51: DICKS Sporting Goods Inc. - Key offerings
  • 10.6 Gamehide
    • Exhibit 52: Gamehide - Overview
    • Exhibit 53: Gamehide - Product and service
    • Exhibit 54: Gamehide - Key offerings
  • 10.7 KUIU Ultralight Hunting
  • 10.8 ScoNZ Imports Ltd.
    • Exhibit 58: ScoNZ Imports Ltd. - Overview
    • Exhibit 59: ScoNZ Imports Ltd. - Product and service
    • Exhibit 60: ScoNZ Imports Ltd. - Key offerings
  • 10.9 TOPGUN LTD.
    • Exhibit 61: TOPGUN LTD. - Overview
    • Exhibit 62: TOPGUN LTD. - Product and service
    • Exhibit 63: TOPGUN LTD. - Key offerings
  • 10.10 Under Armour Inc.
    • Exhibit 64: Under Armour Inc. - Overview
    • Exhibit 65: Under Armour Inc. - Business segments
    • Exhibit 66: Under Armour Inc. - Key offerings
    • Exhibit 67: Under Armour Inc. - Segment focus
  • 10.11 VF Corp.
    • Exhibit 68: VF Corp. - Overview
    • Exhibit 69: VF Corp. - Business segments
    • Exhibit 70: VF Corp. - Key news
    • Exhibit 71: VF Corp. - Key offerings
    • Exhibit 72: VF Corp. - Segment focus
  • 10.12 W. L. Gore & Associates Inc.
    • Exhibit 73: W. L. Gore & Associates Inc. - Overview
    • Exhibit 74: W. L. Gore & Associates Inc. - Product and service
    • Exhibit 75: W. L. Gore & Associates Inc. - Key news
    • Exhibit 76: W. L. Gore & Associates Inc. - Key offerings
11 Appendix
  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 77: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 78: Research Methodology
    • Exhibit 79: Validation techniques employed for market sizing
    • Exhibit 80: Information sources
  • 11.4 List of abbreviations
    • Exhibit 81: List of abbreviations 
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