Hiking & Outdoor Equipment Stores
The Hiking and Outdoor Equipment Stores industry has benefited from market expansion. Consumer enthusiasm for outdoor activities has increased over the past five years to 2019. With per capita disposable income and total recreation expenditure expected to increase during the five-year period, consumers are increasingly allocating more funds to outdoor activities such as camping and hiking. External competition will remain a challenge, as hiking and outdoor equipment becomes increasingly pervasive in other stores. This trend is expected to result in industry consolidation and the continued closure of underperforming establishments.
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.
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.
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