
Hiking and Outdoor Equipment Stores in Australia - Industry Market Research Report
Description
Hiking and Outdoor Equipment Stores in Australia - Industry Market Research Report
Hiking and Outdoor Equipment Stores in Australia
After going down a slippery slope, hiking and outdoor equipment stores are back on track. Prior to March 2020, hiking store sales had stalled, with consumers losing interest in outdoor activity thanks to time constraints and weak income growth. Yet, all of this changed once the pandemic hit. Temporary bans on international and interstate travel forced consumers to holiday closer to home in the form of camping holidays. A renewed interest in camping and the great outdoors led to a surge in demand for hiking and outdoor equipment as consumers got back in touch with nature. The change in gears means industry revenue has been growing at an annualised 3.6% over the past five years and is expected to total $2.1 billion in 2022-23, when revenue will jump by an estimated 3.6%. Profitability has fared well, rising on the back of strong sales and stores passing on higher purchase costs to maintain margins.
The industry includes bricks-and-mortar stores that sell hiking and outdoor equipment, with a specific focus on camping and hiking supplies. The industry excludes sales of hiking and outdoor equipment from department stores and online-only retailers, but includes bricks-and-mortar stores’ online operations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
72 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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