Hunting Apparel Market by Distribution Channel and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR44722
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The hunting apparel market has the potential to grow by USD 4.27 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.11%.

This hunting apparel market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by distribution channel (offline and online) and geography (North America, Europe, APAC, MEA, and South America). The hunting apparel market report also offers information on several market vendors, including BPS Direct LLC, Clarkfield Outdoors, Gamehide, KUIU Ultralight Hunting, ScoNZ Imports Ltd., TOPGUN LTD., Under Armour Inc., VF Corp., and W. L. Gore & Associates Inc. among others.

What will the Hunting Apparel Market Size be in 2021?

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Hunting Apparel Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rise in popularity of outdoor recreational activities is notably driving the hunting apparel market growth, although factors such as regulations on hunting and hunting ban may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the hunting apparel industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • One of the key factors contributing to the growth of the hunting apparel market is the rise in the popularity of outdoor recreational activities.
  • The growing need for destressing and the rising popularity of recreational activity is increasing engagement in leisure and outdoor activities.
  • Urbanization, hectic lifestyles, and increased health consciousness have resulted in rising participation in hunting, which, in turn, has fueled the demand for hunting apparel.
  • In countries such as the US and Canada, hunting is seen as a vital tool for wildlife management and is part of their rich heritage.
  • Vendors in countries such as the US and Canada have wide product portfolios and focus on providing effective hunting apparel to consumers, which in turn is boosting the growth of the market.
  • The rise in the number of private-label brands is one of the major hunting apparel market trends.
  • The number of private-label brands in the global hunting apparel market is increasing, which is intensifying the competition among global and regional vendors.
  • Private labels are undercutting the retail prices of branded labels.
  • The brands are becoming more popular in developed markets such as the US, Germany, Japan, and the UK, effectively limiting the growth of the major brands.
  • The entry of private labels into the market enables consumers to purchase hunting apparel at relatively lower prices, contributing to market growth. 

This hunting apparel market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Hunting Apparel Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

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

 

This statistical study of the hunting apparel market encompasses successful business strategies deployed by the key vendors. The hunting apparel market is fragmented and the vendors are deploying growth strategies such as growing their customer base and are increasing their R&D investments to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The hunting apparel market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Hunting Apparel Market?

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49% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for hunting apparel in North America. Market growth in North America will be faster than the growth of the market in other regions.

The growing advent of trophy hunting will facilitate the hunting apparel market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Distribution Channel Segments in the Hunting Apparel Market?

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The hunting apparel market share growth by the offline segment will be significant during the forecast period. The increasing popularity of hunting apparel and accessories specialty retail stores is driving the growth of this segment. These stores offer a wide range of brands and product portfolios.

This report provides an accurate prediction of the contribution of all the segments to the growth of the hunting apparel market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Hunting Apparel Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive hunting apparel market growth during the next five years
  • Precise estimation of the hunting apparel market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hunting apparel industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hunting apparel market vendors

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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

Companies profiled

BPS Direct LLC, Clarkfield Outdoors, 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 future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Market opportunity by Distribution channel

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • BPS Direct LLC
      • Clarkfield Outdoors
      • Gamehide
      • KUIU Ultralight Hunting
      • ScoNZ Imports Ltd.
      • TOPGUN LTD.
      • Under Armour Inc.
      • VF Corp.
      • W. L. Gore & Associates Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The hunting apparel market growth will increase by $235.35 million during 2019-2024.
      The hunting apparel market is expected to grow at a CAGR of 2.77% during 2019-2024.
      Technavio has segmented the hunting apparel market by distribution channel (Offline and Online) and geographic (North America, Europe, APAC, MEA, and South America).
      Browning International SA, 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. are a few of the key vendors in the hunting apparel market.
      North America will register the highest growth rate of 51.56% among the other regions. Therefore, the hunting apparel market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the hunting apparel market growth are:
      • Product innovation and product line extension leading to product premiumization
      • Growing tourism industry
      The hunting apparel market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
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